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251 hedge funds and large institutions have $2.76B invested in Wendy's in 2013 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 88 increasing their positions, 79 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more call options, than puts

Call options by funds: $11.3M | Put options by funds: $5.98M

42% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 26

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

11% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 79

7% more capital invested

Capital invested by funds: $2.57B → $2.76B (+$186M)

4% more funds holding

Funds holding: 242251 (+9)

2.63% more ownership

Funds ownership: 64.67%67.3% (+2.6%)

Holders
251
Holders Change
+9
Holders Change %
+3.72%
% of All Funds
7.29%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.15%
New
37
Increased
88
Reduced
79
Closed
26
Calls
$11.3M
Puts
$5.98M
Net Calls
+$5.28M
Net Calls Change
+$17.3M
Name Holding Trade Value Shares
Change
Change in
Stake
GC
26
Guggenheim Capital
Illinois
$19.9M +$18.2M +2,124,670 +1,391%
Renaissance Technologies
27
Renaissance Technologies
New York
$18.3M +$1.43M +166,400 +9%
D.E. Shaw & Co
28
D.E. Shaw & Co
New York
$17.6M -$22M -2,558,436 -56%
DFO
29
Duquesne Family Office
New York
$17.4M
Invesco
30
Invesco
Georgia
$15.2M +$8.69M +1,011,505 +139%
New York State Common Retirement Fund
31
New York State Common Retirement Fund
New York
$13.1M +$3.11M +361,950 +32%
Geode Capital Management
32
Geode Capital Management
Massachusetts
$12.8M +$2.25M +261,744 +22%
California Public Employees Retirement System
33
California Public Employees Retirement System
California
$12.7M -$322K -37,530 -3%
MAP
34
Managed Asset Portfolios
Michigan
$12.4M +$12.3M +1,426,420 New
Retirement Systems of Alabama
35
Retirement Systems of Alabama
Alabama
$12.2M -$3.39M -395,220 -22%
SBH
36
Segall Bryant & Hamill
Illinois
$12.1M -$972K -113,189 -8%
Arrowstreet Capital
37
Arrowstreet Capital
Massachusetts
$11.9M +$11.5M +1,339,072 +5,413%
Axa
38
Axa
France
$11.6M +$11.4M +1,330,700 New
AIMCA
39
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$11.5M +$3.89M +453,425 +53%
Bank of America
40
Bank of America
North Carolina
$10.5M +$1.19M +138,982 +13%
AllianceBernstein
41
AllianceBernstein
Tennessee
$9.27M +$6.56M +764,298 +255%
CM
42
Castleark Management
Illinois
$8.02M +$7.9M +919,348 New
BA
43
Boston Advisors
Massachusetts
$7.78M +$89.8K +10,455 +1%
MRI
44
Mad River Investors
Massachusetts
$7.72M +$54.1K +6,300 +0.7%
BIM
45
BlackRock Investment Management
Delaware
$7.14M -$74.4K -8,663 -1%
CCMH
46
Cornerstone Capital Management Holdings
New York
$7.11M +$5.85M +681,450 +508%
HAI
47
Hennessy Advisors Inc
California
$6.78M
New York State Teachers Retirement System (NYSTRS)
48
New York State Teachers Retirement System (NYSTRS)
New York
$6.15M -$596K -69,400 -9%
Ameriprise
49
Ameriprise
Minnesota
$6.01M +$368K +42,866 +7%
TC
50
TFS Capital
Pennsylvania
$5.93M +$195K +22,746 +3%

WEN Hedge Fund Activity: Q4 2013 in Review

251 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q4 2013, worth a combined $2.76B — up 7.2% from $2.57B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new WEN positions and 26 closed out — a net gain of 11 holders — while 88 added to existing stakes and 79 trimmed.

The largest buyer was Janus Henderson Investors US, adding an estimated $52.7M. The largest seller was Southeastern Asset Management, cutting an estimated $67.2M.

  • 251 institutional investors held Wendy's (WEN) as of Q4 2013, up from 242 in Q3 2013.
  • Funds reported $2.76B of Wendy's stock for Q4 2013, up 7.2% quarter-over-quarter.
  • 37 funds opened new Wendy's positions in Q4 2013 and 26 closed out, a net change of +11 holders.
  • The largest Wendy's buyer in Q4 2013 was Janus Henderson Investors US, an estimated $52.7M added.
  • The largest Wendy's seller in Q4 2013 was Southeastern Asset Management, an estimated $67.2M sold.

Based on aggregated 13F filings for Q4 2013.