Wendy's
252 hedge funds and large institutions have $2.05B invested in Wendy's in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 104 increasing their positions, 70 reducing their positions, and 28 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 70
40% more call options, than puts
Call options by funds: $4.7M | Put options by funds: $3.37M
18% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 28
2% more funds holding
Funds holding: 247 → 252 (+5)
0.91% more ownership
Funds ownership: 44.45% → 45.36% (+0.91%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less capital invested
Capital invested by funds: $2.26B → $2.05B (-$206M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$60.9M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$16M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.2M |
| 4 |
CG
Clinton Group
New York
|
+$9.38M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$7.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$33.3M |
| 2 |
Millennium Management
New York
|
-$21.2M |
| 3 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$12.5M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$8.7M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$8.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Parallax Volatility Advisers
San Francisco,
California
| – | -$7K | -676 | Closed |
|
|
TDC
277
Thompson Davis & Co
Richmond,
Virginia
| – | -$5K | -500 | Closed |
|
|
CSS
278
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$1K | -108 | Closed |
|
WEN Hedge Fund Activity: Q2 2016 in Review
252 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q2 2016, worth a combined $2.05B — down 9.1% from $2.26B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new WEN positions and 28 closed out — a net gain of 5 holders — while 104 added to existing stakes and 70 trimmed.
The largest buyer was Eminence Capital, opening a new position worth an estimated $60.9M. The largest seller was Citadel Advisors, cutting an estimated $33.3M.
- 252 institutional investors held Wendy's (WEN) as of Q2 2016, up from 247 in Q1 2016.
- Funds reported $2.05B of Wendy's stock for Q2 2016, down 9.1% quarter-over-quarter.
- 33 funds opened new Wendy's positions in Q2 2016 and 28 closed out, a net change of +5 holders.
- The largest Wendy's buyer in Q2 2016 was Eminence Capital, an estimated $60.9M added.
- The largest Wendy's seller in Q2 2016 was Citadel Advisors, an estimated $33.3M sold.
Based on aggregated 13F filings for Q2 2016.