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
ACA
376
American Capital Advisory
Idaho
$660
SC
377
SouthState Corp
Florida
$550
SAM
378
Smartleaf Asset Management
Massachusetts
$474
TCM
379
TD Capital Management
Tennessee
$458
1IA
380
1620 Investment Advisors
Massachusetts
$458
BFS
381
Bare Financial Services
Pennsylvania
$449
FFO
382
Fortitude Family Office
Arizona
$421
TCOV
383
Trust Company of Vermont
Vermont
$412
IWP
384
IAG Wealth Partners
Wisconsin
$247
BI
385
Binnacle Investments
Iowa
$202
CA
386
Clearstead Advisors
Ohio
$184
SWIM
387
Smallwood Wealth Investment Management
New Jersey
$109
RIL
388
Rothschild Investment LLC
Illinois
$92
MA
389
MCF Advisors
Kentucky
$92
HIA
390
HFM Investment Advisors
New Jersey
$55
BHWM
391
Bay Harbor Wealth Management
Maryland
$36
JWA
392
JFS Wealth Advisors
Pennsylvania
$19
Norges Bank
393
Norges Bank
Norway
Massachusetts Financial Services
394
Massachusetts Financial Services
Massachusetts
Retirement Systems of Alabama
395
Retirement Systems of Alabama
Alabama
Mirae Asset Global ETFs Holdings
396
Mirae Asset Global ETFs Holdings
Hong Kong
GI
397
Gradient Investments
Minnesota
JIM
398
JCP Investment Management
Texas
Allspring Global Investments
399
Allspring Global Investments
North Carolina
California Public Employees Retirement System
400
California Public Employees Retirement System
California