Wendy's
249 hedge funds and large institutions have $2.23B invested in Wendy's in 2014 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 87 increasing their positions, 83 reducing their positions, and 44 closing their positions.
36% more call options, than puts
Call options by funds: $14.4M | Put options by funds: $10.6M
5% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 83
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3.62% less ownership
Funds ownership: 61.1% → 57.48% (-3.6%)
8% less funds holding
Funds holding: 271 → 249 (-22)
9% less capital invested
Capital invested by funds: $2.45B → $2.23B (-$221M)
50% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
+$22.6M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$17M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$15.8M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$9.24M |
| 5 |
SRC
Shufro Rose & Co
New York
|
+$8.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$34.9M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$30.2M |
| 3 |
Morgan Stanley
New York
|
-$27.1M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$25.9M |
| 5 |
Two Sigma Investments
New York
|
-$20.4M |
WEN Hedge Fund Activity: Q3 2014 in Review
249 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q3 2014, worth a combined $2.23B — down 9% from $2.45B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of WEN and 22 opened new positions — a net loss of 22 holders — while 83 trimmed existing stakes and 87 added.
The largest buyer was Absolute Return Capital, opening a new position worth an estimated $22.6M. The largest seller was Principal Financial Group, cutting an estimated $34.9M.
- 249 institutional investors held Wendy's (WEN) as of Q3 2014, down from 271 in Q2 2014.
- Funds reported $2.23B of Wendy's stock for Q3 2014, down 9% quarter-over-quarter.
- 22 funds opened new Wendy's positions in Q3 2014 and 44 closed out, a net change of -22 holders.
- The largest Wendy's buyer in Q3 2014 was Absolute Return Capital, an estimated $22.6M added.
- The largest Wendy's seller in Q3 2014 was Principal Financial Group, an estimated $34.9M sold.
Based on aggregated 13F filings for Q3 2014.