We are live on ! Find out more

407 hedge funds and large institutions have $1.33B invested in Wendy's in 2026 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 141 increasing their positions, 133 reducing their positions, and 81 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more repeat investments, than reductions

Existing positions increased: 141 | Existing positions reduced: 133

0.69% more ownership

Funds ownership: 100.03%100.72% (+0.69%)

4% less funds holding

Funds holding: 426407 (-19)

11% less first-time investments, than exits

New positions opened: 72 | Existing positions closed: 81

16% less capital invested

Capital invested by funds: $1.59B → $1.33B (-$258M)

32% less call options, than puts

Call options by funds: $43.6M | Put options by funds: $64M

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
407
Holders Change
-19
Holders Change %
-4.46%
% of All Funds
5.01%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
72
Increased
141
Reduced
133
Closed
81
Calls
$43.6M
Puts
$64M
Net Calls
-$20.4M
Net Calls Change
+$17.9M
Name Holding Trade Value Shares
Change
Change in
Stake
TFM
1
Trian Fund Management
New York
$212M +$43.9K +5,704 +0%
BlackRock
2
BlackRock
New York
$151M -$24.4M -3,166,946 -13%
VPM
3
Vanguard Portfolio Management
Pennsylvania
$64.4M +$71.3M +9,261,801 New
Morgan Stanley
4
Morgan Stanley
New York
$52.8M +$8.02M +1,041,988 +16%
Wells Fargo
5
Wells Fargo
California
$48M +$20.7M +2,688,138 +64%
VCM
6
Vanguard Capital Management
Pennsylvania
$47.4M +$52.5M +6,823,437 New
Charles Schwab
7
Charles Schwab
California
$45.2M -$4.57M -593,924 -8%
Harris Associates
8
Harris Associates
Illinois
$41.2M -$31.1M -4,036,304 -41%
State Street
9
State Street
Massachusetts
$38M +$151K +19,587 +0.4%
Bank of America
10
Bank of America
North Carolina
$31.2M +$1.82M +236,541 +6%
Arrowstreet Capital
11
Arrowstreet Capital
Massachusetts
$28.1M -$1.9M -247,285 -6%
Two Sigma Investments
12
Two Sigma Investments
New York
$26.3M +$29.1M +3,784,985 New
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
13
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$26.1M +$28.9M +3,750,000 New
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$24.2M -$3.62M -469,808 -12%
Millennium Management
15
Millennium Management
New York
$23.6M +$7.86M +1,020,778 +43%
FFH
16
Fairfax Financial Holdings
Ontario, Canada
$22.8M +$25.2M +3,268,902 New
AQR Capital Management
17
AQR Capital Management
Connecticut
$21.4M -$66.1M -8,592,510 -73%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$20.6M -$1.84M -238,899 -7%
Northern Trust
19
Northern Trust
Illinois
$19.3M +$3.9M +506,157 +22%
UBS Group
20
UBS Group
Switzerland
$18.6M +$5.12M +665,518 +33%
Renaissance Technologies
21
Renaissance Technologies
New York
$16.3M +$17.3M +2,254,000 +2,612%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$15.6M +$3.15M +409,245 +22%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$15M -$443K -57,623 -3%
Connor, Clark & Lunn Investment Management (CC&L)
24
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$14M +$2.53M +328,255 +19%
Citadel Advisors
25
Citadel Advisors
Florida
$13.7M +$5.35M +695,461 +55%

WEN Hedge Fund Activity: Q1 2026 in Review

407 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q1 2026, worth a combined $1.33B — down 16% from $1.59B a quarter earlier.

Sellers outnumbered buyers: 81 funds closed out of WEN and 72 opened new positions — a net loss of 9 holders — while 133 trimmed existing stakes and 141 added.

The largest buyer was Two Sigma Investments, opening a new position worth an estimated $29.1M. The largest seller was AQR Capital Management, cutting an estimated $66.1M.

  • 407 institutional investors held Wendy's (WEN) as of Q1 2026, down from 426 in Q4 2025.
  • Funds reported $1.33B of Wendy's stock for Q1 2026, down 16% quarter-over-quarter.
  • 72 funds opened new Wendy's positions in Q1 2026 and 81 closed out, a net change of -9 holders.
  • The largest Wendy's buyer in Q1 2026 was Two Sigma Investments, an estimated $29.1M added.
  • The largest Wendy's seller in Q1 2026 was AQR Capital Management, an estimated $66.1M sold.

Based on aggregated 13F filings for Q1 2026.