Wendy's
271 hedge funds and large institutions have $2.45B invested in Wendy's in 2014 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 81 increasing their positions, 102 reducing their positions, and 35 closing their positions.
37% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $10.8M
0.68% less ownership
Funds ownership: 61.78% → 61.1% (-0.68%)
9% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 35
1% less funds holding
Funds holding: 275 → 271 (-4)
7% less capital invested
Capital invested by funds: $2.65B → $2.45B (-$196M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
21% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 102
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$43.9M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$26.6M |
| 3 |
Jennison Associates
New York
|
+$26.1M |
| 4 |
D.E. Shaw & Co
New York
|
+$23.7M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$30.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.7M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$19M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$12.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$12.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LPC
301
Loeb Partners Corp
New York
| – | -$93K | -10,200 | Closed |
|
|
PNC
302
Park National Corp
Newark,
Ohio
| – | -$91.6K | -10,044 | Closed |
|
|
ICM
303
ICC Capital Management
Orlando,
Florida
| – | -$40K | -4,400 | Closed |
|
|
NES
304
New England Securities
New York
| – | -$14K | -1,500 | Closed |
|
|
HMS
305
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$148K | -1,354 | Closed |
|
306
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$34 | +4 | New |
|
WEN Hedge Fund Activity: Q2 2014 in Review
271 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q2 2014, worth a combined $2.45B — down 7.4% from $2.65B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of WEN and 32 opened new positions — a net loss of 3 holders — while 102 trimmed existing stakes and 81 added.
The largest buyer was Janus Henderson Investors US, adding an estimated $43.9M. The largest seller was Absolute Return Capital, exiting entirely with an estimated $30.5M sold.
- 271 institutional investors held Wendy's (WEN) as of Q2 2014, down from 275 in Q1 2014.
- Funds reported $2.45B of Wendy's stock for Q2 2014, down 7.4% quarter-over-quarter.
- 32 funds opened new Wendy's positions in Q2 2014 and 35 closed out, a net change of -3 holders.
- The largest Wendy's buyer in Q2 2014 was Janus Henderson Investors US, an estimated $43.9M added.
- The largest Wendy's seller in Q2 2014 was Absolute Return Capital, an estimated $30.5M sold.
Based on aggregated 13F filings for Q2 2014.