L3VLUP
Quarter end
31 Mar 2026
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 12 May 2026
Managers listing it
29
at least, of 95 tracked, among listed positions
Comparable managers
91
filed both Q4 2025 and Q1 2026; 6 listed it in both
Shares listed
66,599,529
combined, among listed positions
Reported value
$463m
combined, at the quarter end

AllianceBernstein LP. Values in this filing are at the previous quarter end's prices; its share count is the quarter end's.

Among the 91 comparable managers: 17 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -7,561,966.

Managers listing WEN in Q1 2026

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q4 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

29 of 29 holders

ActionFiling
Trian Fund Management LP30,446,022$212m5.48%Added+5,70415 May 2026 (the filing on sec.gov)
Harris Associates LP5,929,801$41m0.05%Trimmed-4,036,30415 May 2026 (the filing on sec.gov)
Arrowstreet Capital LP4,040,382$28munder 0.1%Trimmed-247,28514 May 2026 (the filing on sec.gov)
Two Sigma Investments LP3,784,985$26munder 0.1%Newnew15 May 2026 (the filing on sec.gov)
Millennium Management LLC3,401,716$24munder 0.1%Added+1,020,77815 May 2026 (the filing on sec.gov)
AQR Capital Management LLC3,113,100$21munder 0.1%Trimmed-8,592,51015 May 2026 (the filing on sec.gov)
Renaissance Technologies LLC2,340,282$16munder 0.1%Added+2,254,00014 May 2026 (the filing on sec.gov)
Fidelity (FMR LLC)2,244,002$16munder 0.1%Added+409,24515 May 2026 (the filing on sec.gov)
Citadel Advisors LLC1,967,845$14munder 0.1%Added+695,46115 May 2026 (the filing on sec.gov)
Jane Street Group LLC1,702,108$12munder 0.1%Trimmed-1,460,68212 May 2026 (the filing on sec.gov)
Invesco Ltd1,625,542$11munder 0.1%Added+541,75312 May 2026 (the filing on sec.gov)
Susquehanna International Group LLP1,476,276$10munder 0.1%Added+624,73115 May 2026 (the filing on sec.gov)
Marshall Wace LLP1,343,549$9.3munder 0.1%Added+206,55715 May 2026 (the filing on sec.gov)
Janus Henderson Group Ltd927,506$6.4munder 0.1%Added+48,00918 May 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC605,682$4.2munder 0.1%Trimmed-91,97315 May 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP315,867$2.2munder 0.1%Added+133,92215 May 2026 (the filing on sec.gov)
Verition Fund Management LLC304,040$2.1munder 0.1%Trimmed-42,44515 May 2026 (the filing on sec.gov)
AllianceBernstein LP169,829$1.4munder 0.1%Added+50,36215 May 2026 (the filing on sec.gov)
Winton Group Ltd195,982$1.4munder 0.1%Added+68,65012 May 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc185,797$1.3munder 0.1%Added+18,89515 May 2026 (the filing on sec.gov)
Quantbot Technologies LP91,995$639kunder 0.1%Trimmed-6,58113 May 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP68,296$475kunder 0.1%Trimmed-46,74314 May 2026 (the filing on sec.gov)
Walleye Capital LLC62,881$437kunder 0.1%Added+62,78413 May 2026 (the filing on sec.gov)
Freestone Grove Partners LP56,746$394kunder 0.1%Newnew15 May 2026 (the filing on sec.gov)
Bridgewater Associates LP53,949$375kunder 0.1%Trimmed-33,58215 May 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q4 2025 to Q1 2026, 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.

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 →