Wendy's
251 hedge funds and large institutions have $2.76B invested in Wendy's in 2013 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 88 increasing their positions, 79 reducing their positions, and 26 closing their positions.
88% more call options, than puts
Call options by funds: $11.3M | Put options by funds: $5.98M
42% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 26
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 79
7% more capital invested
Capital invested by funds: $2.57B → $2.76B (+$186M)
4% more funds holding
Funds holding: 242 → 251 (+9)
2.63% more ownership
Funds ownership: 64.67% → 67.3% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$52.7M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$43.6M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$41.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.6M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$18.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$67.2M |
| 2 |
D.E. Shaw & Co
New York
|
-$22M |
| 3 |
Jennison Associates
New York
|
-$17.5M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$14M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$12.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Chevy Chase Trust
Bethesda,
Maryland
| – | -$87K | -10,210 | Closed |
|
|
CCM
277
Cupps Capital Management
Chicago,
Illinois
| – | -$3K | -455 | Closed |
|
WEN Hedge Fund Activity: Q4 2013 in Review
251 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q4 2013, worth a combined $2.76B — up 7.2% from $2.57B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new WEN positions and 26 closed out — a net gain of 11 holders — while 88 added to existing stakes and 79 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $52.7M. The largest seller was Southeastern Asset Management, cutting an estimated $67.2M.
- 251 institutional investors held Wendy's (WEN) as of Q4 2013, up from 242 in Q3 2013.
- Funds reported $2.76B of Wendy's stock for Q4 2013, up 7.2% quarter-over-quarter.
- 37 funds opened new Wendy's positions in Q4 2013 and 26 closed out, a net change of +11 holders.
- The largest Wendy's buyer in Q4 2013 was Janus Henderson Investors US, an estimated $52.7M added.
- The largest Wendy's seller in Q4 2013 was Southeastern Asset Management, an estimated $67.2M sold.
Based on aggregated 13F filings for Q4 2013.