Wendy's
279 hedge funds and large institutions have $3.31B invested in Wendy's in 2015 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 77 increasing their positions, 99 reducing their positions, and 33 closing their positions.
79% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 33
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
10% more funds holding
Funds holding: 254 → 279 (+25)
9% more capital invested
Capital invested by funds: $3.03B → $3.31B (+$273M)
3.11% more ownership
Funds ownership: 59.3% → 62.41% (+3.1%)
22% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 99
64% less call options, than puts
Call options by funds: $65.4M | Put options by funds: $182M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$114M |
| 2 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$46.8M |
| 3 |
TCP
Tourbillon Capital Partners
New York
|
+$46.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$35.1M |
| 5 |
MP
Manikay Partners
New York
|
+$33.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFM
Trian Fund Management
New York
|
-$119M |
| 2 |
Jennison Associates
New York
|
-$99.1M |
| 3 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$35.2M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$27.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$24.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Simplex Trading
Chicago,
Illinois
| – | -$49.6K | -4,500 | Closed |
|
|
ARC
302
Absolute Return Capital
Boston,
Massachusetts
| – | -$46K | -4,260 | Closed |
|
|
HCM
303
Horrell Capital Management
Little Rock,
Arkansas
| – | -$40K | -3,675 | Closed |
|
|
WCM
304
Wealthcare Capital Management
Richmond,
Virginia
| – | -$40K | -3,675 | Closed |
|
305
KBC Group
Brussels,
Belgium
| – | -$29K | -2,670 | Closed |
|
|
NFG
306
Next Financial Group
Houston,
Texas
| – | -$10K | -1,000 | Closed |
|
|
BAM
307
Bruderman Asset Management
Locust Valley,
New York
| – | -$9K | -850 | Closed |
|
|
MPWT
308
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$6.54K | -600 | Closed |
|
|
RFA
309
Reilly Financial Advisors
La Mesa,
California
| – | -$5K | -500 | Closed |
|
|
CCM
310
Cupps Capital Management
Chicago,
Illinois
| – | -$3K | -305 | Closed |
|
|
LNB
311
Ledyard National Bank
| – | -$2K | -141 | Closed |
|
|
PIA
312
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$556 | -51 | Closed |
|
WEN Hedge Fund Activity: Q2 2015 in Review
279 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q2 2015, worth a combined $3.31B — up 9% from $3.03B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new WEN positions and 33 closed out — a net gain of 26 holders — while 77 added to existing stakes and 99 trimmed.
The largest buyer was Citigroup, adding an estimated $114M. The largest seller was Trian Fund Management, cutting an estimated $119M.
- 279 institutional investors held Wendy's (WEN) as of Q2 2015, up from 254 in Q1 2015.
- Funds reported $3.31B of Wendy's stock for Q2 2015, up 9% quarter-over-quarter.
- 59 funds opened new Wendy's positions in Q2 2015 and 33 closed out, a net change of +26 holders.
- The largest Wendy's buyer in Q2 2015 was Citigroup, an estimated $114M added.
- The largest Wendy's seller in Q2 2015 was Trian Fund Management, an estimated $119M sold.
Based on aggregated 13F filings for Q2 2015.