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WEN in the 13F filings

Wendys Co · CUSIP 95058W100

Sector · Consumer discretionary
Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 10 Feb 2026
Managers listing it
31
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 7 listed it in both
Shares listed
74,834,300
combined, among listed positions
Reported value
$623m
combined, at the quarter end

Among the 92 comparable managers: 19 buyers (opened or added shares) and 13 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +3,991,500.

Managers listing WEN in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

31 of 31 holders

ActionFiling
Trian Fund Management LP30,440,318$254m6.36%Added+3,29517 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC11,705,610$98m0.05%Added+3,227,36617 Feb 2026 (the filing on sec.gov)
Harris Associates LP9,966,105$83m0.10%Trimmed-631,53417 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP4,287,667$36munder 0.1%Added+11,45413 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC3,162,790$26munder 0.1%Added+2,223,29412 Feb 2026 (the filing on sec.gov)
Millennium Management LLC2,380,938$20munder 0.1%Added+381,06817 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)1,834,757$15munder 0.1%Added+311,28617 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP1,563,923$13munder 0.1%Trimmed-1,371,37117 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,272,384$11munder 0.1%Added+890,08417 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP1,136,992$9.5munder 0.1%Trimmed-2,892,75013 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,083,789$9.0munder 0.1%Added+199,05319 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC905,004$7.5munder 0.1%Trimmed-53,98313 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd879,497$7.3munder 0.1%Added+680,60317 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP851,545$7.1munder 0.1%Added+230,65317 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC697,655$5.8munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Two Sigma Advisers LP672,805$5.6munder 0.1%Added+260,60017 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP459,057$3.8munder 0.1%Trimmed-4,86717 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC346,485$2.9munder 0.1%Trimmed-125,83213 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP181,945$1.5munder 0.1%Trimmed-87,58917 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc166,902$1.4munder 0.1%Added+16,77417 Feb 2026 (the filing on sec.gov)
Winton Group Ltd127,332$1.1munder 0.1%Added+74,37211 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP119,467$995kunder 0.1%Trimmed-211,03517 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP115,039$958kunder 0.1%Added+68,50617 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.107,342$894kunder 0.1%Added+77,82517 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP98,576$821kunder 0.1%Trimmed-27,73910 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (4)

Exited (1)

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
10 in Q3 2024 to 5 in Q2 2026

Tracked managers listing it, at least.

051015202014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
WEN by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20136$800mn.a.n.a.
Q3 20136$1.0bnn.a.n.a.
Q4 20134$922mn.a.n.a.
Q1 20148$694mn.a.n.a.
Q2 20146$659mn.a.n.a.
Q3 20142$595mn.a.n.a.
Q4 20144$670mn.a.n.a.
Q1 20157$800mn.a.n.a.
Q2 20159$774mn.a.n.a.
Q3 20157$405mn.a.n.a.
Q4 20157$588mn.a.n.a.
Q1 20166$629mn.a.n.a.
Q2 20164$490mn.a.n.a.
Q3 20163$543mn.a.n.a.
Q4 20166$677mn.a.n.a.
Q1 20176$660mn.a.n.a.
Q2 201710$910mn.a.n.a.
Q3 20178$792mn.a.n.a.
Q4 20176$838mn.a.n.a.
Q1 201811$974mn.a.n.a.
Q2 201811$922mn.a.n.a.
Q3 201814$941mn.a.n.a.
Q4 201813$830mn.a.n.a.
Q1 201915$1.0bnn.a.n.a.
Q2 201911$1.2bnn.a.n.a.
Q3 201913$1.2bnn.a.n.a.
Q4 201914$1.3bnn.a.n.a.
Q1 20209$570mn.a.n.a.
Q2 202012$878mn.a.n.a.
Q3 202013$1.2bnn.a.n.a.
Q4 202013$1.2bnn.a.n.a.
Q1 202118$1.2bnn.a.n.a.
Q2 202111$1.1bnn.a.n.a.
Q3 202113$1.1bnn.a.n.a.
Q4 202112$1.3bnn.a.n.a.
Q1 202211$1.2bnn.a.n.a.
Q2 202211$956mn.a.n.a.
Q3 202211$1.1bnn.a.n.a.
Q4 202214$1.2bnn.a.n.a.
Q1 202313$1.1bnn.a.n.a.
Q2 202310$1.0bnn.a.n.a.
Q3 202311$1.3bnn.a.n.a.
Q4 202313$1.2bn95
Q1 202412$1.2bn64
Q2 202413$1.1bn84
Q3 202410$1.2bn57
Q4 202410$1.0bn73
Q1 202510$939m82
Q2 202510$831m100
Q3 20257$524m25
Q4 20256$445m1913
Q1 20263$254m1715
Q2 20265$312m1319

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

WEN and AMZN →WEN and TSLA →WEN and HD →Choose a stock to compare with WEN →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own WEN, latest filings →Back to the 13F Explorer →