396 hedge funds and large institutions have $1.66B invested in Wendy's in 2025 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 132 increasing their positions, 126 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less funds holding

Funds holding:

less ownership

Funds ownership:

26% less capital invested

Capital invested by funds: $2.25B → $1.66B (-$585M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

71% less call options, than puts

Call options by funds: $25.3M | Put options by funds: $88M

Holders
396
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$25.3M
Puts
$88M
Net Calls
Net Calls Change

Top Sellers

1 -$48.9M
2 -$43.6M
3 -$28.3M
4
Vanguard Group
Vanguard Group
Pennsylvania
-$24.4M
5
UBS Group
UBS Group
Switzerland
-$19.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BCWM
301
Bartlett & Co Wealth Management
Ohio
$28.5K
CPG
302
Cornerstone Planning Group
New Jersey
$28K
IRC
303
Investors Research Corp
Georgia
$27.5K
RFS
304
Richardson Financial Services
Massachusetts
$26.5K
PK
305
Pflug Koory
Nebraska
$25.7K
SS
306
SBI Securities
Japan
$24.8K
BNP Paribas Asset Management
307
BNP Paribas Asset Management
France
$22K
MG
308
Mather Group
Illinois
$20.7K
GRP
309
Global Retirement Partners
California
$20.5K
HBW
310
Hazlett, Burt & Watson
West Virginia
$19K
WANY
311
Wealthspire Advisors (New York)
New York
$18.5K
CI
312
CX Institutional
Indiana
$17K
Bessemer Group
313
Bessemer Group
New Jersey
$17K
HFM
314
Harvest Fund Management
China
$16K
SL
315
Salomon & Ludwin
Virginia
$15.3K
FMB
316
Field & Main Bank
Kentucky
$13.7K
Fifth Third Bancorp
317
Fifth Third Bancorp
Ohio
$13.4K
M
318
MOTCO
Texas
$13K
Northwestern Mutual Wealth Management
319
Northwestern Mutual Wealth Management
Wisconsin
$12.9K
HI
320
Harbour Investments
Wisconsin
$12.8K
AssetMark Inc
321
AssetMark Inc
California
$11.9K
DB
322
Danske Bank
Denmark
$11.9K
LFG
323
Larson Financial Group
Missouri
$11.9K
FUBT
324
First United Bank & Trust
Maryland
$11.3K
FMII
325
Farmers & Merchants Investments Inc
Nebraska
$11.1K