Wendy's
WEN
311 hedge funds and large institutions have $3.2B invested in Wendy's in 2018 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 85 increasing their positions, 100 reducing their positions, and 35 closing their positions.
190% more call options, than puts
Call options by funds: $49.3M | Put options by funds: $17M
29% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 35
2% more funds holding
Funds holding: 304 → 311 (+7)
2.66% less ownership
Funds ownership: 80.61% → 77.95% (-2.7%)
5% less capital invested
Capital invested by funds: $3.39B → $3.2B (-$183M)
15% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 100
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$41M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$31.6M |
| 3 |
Two Sigma Advisers
New York
|
+$28.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$63M |
| 2 |
EC
Eminence Capital
New York
|
-$47.8M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$47.8M |
| 4 |
TFM
Trian Fund Management
New York
|
-$40.9M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$33.9M |
WEN Hedge Fund Activity: Q2 2018 in Review
311 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q2 2018, worth a combined $3.2B — down 5.4% from $3.39B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new WEN positions and 35 closed out — a net gain of 10 holders — while 85 added to existing stakes and 100 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $41M. The largest seller was Balyasny Asset Management, cutting an estimated $63M.
- 311 institutional investors held Wendy's (WEN) as of Q2 2018, up from 304 in Q1 2018.
- Funds reported $3.2B of Wendy's stock for Q2 2018, down 5.4% quarter-over-quarter.
- 45 funds opened new Wendy's positions in Q2 2018 and 35 closed out, a net change of +10 holders.
- The largest Wendy's buyer in Q2 2018 was Citadel Advisors, an estimated $41M added.
- The largest Wendy's seller in Q2 2018 was Balyasny Asset Management, an estimated $63M sold.
Based on aggregated 13F filings for Q2 2018.