Wendy's
321 hedge funds and large institutions have $3.2B invested in Wendy's in 2019 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 93 increasing their positions, 99 reducing their positions, and 45 closing their positions.
68% more call options, than puts
Call options by funds: $23.5M | Put options by funds: $14M
22% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 45
14% more capital invested
Capital invested by funds: $2.81B → $3.2B (+$392M)
2% more funds holding
Funds holding: 314 → 321 (+7)
1.49% more ownership
Funds ownership: 76.29% → 77.77% (+1.5%)
6% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 99
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$42.5M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$40.6M |
| 3 |
SCM
Suvretta Capital Management
New York
|
+$37.8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$30.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$125M |
| 2 |
TFM
Trian Fund Management
New York
|
-$51M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$30.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$26.6M |
| 5 |
CWM
CIBC World Markets
New York
|
-$18.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MOS
351
MGO One Seven
Beachwood,
Ohio
| – | -$11K | -762 | Closed |
|
|
IA
352
IFP Advisors
Tampa,
Florida
| – | -$9.05K | -532 | -97% |
|
|
BWA
353
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$8K | -500 | Closed |
|
354
Bessemer Group
Woodbridge,
New Jersey
| – | -$7K | -475 | Closed |
|
|
FTI
355
Fiduciary Trust International
Lincoln,
Massachusetts
| – | -$7K | -463 | Closed |
|
|
HT
356
Heritage Trust
Oklahoma City,
Oklahoma
| – | -$7K | -425 | Closed |
|
|
PHK
357
Point72 Hong Kong
Hong Kong
| – | -$5K | -296 | Closed |
|
|
JA
358
JOYN Advisors
Atlanta,
Georgia
| – | -$4K | -228 | Closed |
|
|
SWP
359
Strategic Wealth Partners
Independence,
Ohio
| – | -$4K | -208 | Closed |
|
|
QI
360
QS Investors
New York
| – | -$1K | -39 | Closed |
|
|
FHA
361
First Horizon Advisors
Memphis,
Tennessee
| – | +$51 | +3 | New |
|
|
PCG
362
Private Capital Group
West Hartford,
Connecticut
| – | +$357 | +21 | New |
|
WEN Hedge Fund Activity: Q1 2019 in Review
321 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q1 2019, worth a combined $3.2B — up 14% from $2.81B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new WEN positions and 45 closed out — a net gain of 10 holders — while 93 added to existing stakes and 99 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $42.5M. The largest seller was Eminence Capital, exiting entirely with an estimated $125M sold.
- 321 institutional investors held Wendy's (WEN) as of Q1 2019, up from 314 in Q4 2018.
- Funds reported $3.2B of Wendy's stock for Q1 2019, up 14% quarter-over-quarter.
- 55 funds opened new Wendy's positions in Q1 2019 and 45 closed out, a net change of +10 holders.
- The largest Wendy's buyer in Q1 2019 was Two Sigma Investments, an estimated $42.5M added.
- The largest Wendy's seller in Q1 2019 was Eminence Capital, an estimated $125M sold.
Based on aggregated 13F filings for Q1 2019.