Wendy's
349 hedge funds and large institutions have $3.54B invested in Wendy's in 2023 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 124 increasing their positions, 119 reducing their positions, and 53 closing their positions.
4.06% more ownership
Funds ownership: 77.83% → 81.89% (+4.1%)
6% more call options, than puts
Call options by funds: $23M | Put options by funds: $21.7M
4% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 119
1% less capital invested
Capital invested by funds: $3.57B → $3.54B (-$25.4M)
9% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 53
3% less funds holding
Funds holding: 358 → 349 (-9)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFM
Trian Fund Management
New York
|
+$264M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$44.8M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$40.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.3M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$36.3M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$33.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$25.4M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$23.9M |
| 5 |
Renaissance Technologies
New York
|
-$22.3M |
WEN Hedge Fund Activity: Q3 2023 in Review
349 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q3 2023, worth a combined $3.54B — down 0.71% from $3.57B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of WEN and 48 opened new positions — a net loss of 5 holders — while 119 trimmed existing stakes and 124 added.
The largest buyer was Trian Fund Management, adding an estimated $264M. The largest seller was Deutsche Bank, cutting an estimated $36.3M.
- 349 institutional investors held Wendy's (WEN) as of Q3 2023, down from 358 in Q2 2023.
- Funds reported $3.54B of Wendy's stock for Q3 2023, down 0.71% quarter-over-quarter.
- 48 funds opened new Wendy's positions in Q3 2023 and 53 closed out, a net change of -5 holders.
- The largest Wendy's buyer in Q3 2023 was Trian Fund Management, an estimated $264M added.
- The largest Wendy's seller in Q3 2023 was Deutsche Bank, an estimated $36.3M sold.
Based on aggregated 13F filings for Q3 2023.