Wendy's
347 hedge funds and large institutions have $3.36B invested in Wendy's in 2019 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 109 increasing their positions, 110 reducing their positions, and 34 closing their positions.
93% more call options, than puts
Call options by funds: $25.3M | Put options by funds: $13.2M
71% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 34
7% more funds holding
Funds holding: 324 → 347 (+23)
1% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 110
4% less capital invested
Capital invested by funds: $3.49B → $3.36B (-$137M)
4.51% less ownership
Funds ownership: 77.38% → 72.87% (-4.5%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$45.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23.6M |
| 3 |
Goldman Sachs
New York
|
+$22.6M |
| 4 |
AC
Armistice Capital
New York
|
+$19.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$17.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$152M |
| 2 |
FPCG
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
-$49.6M |
| 3 |
TFM
Trian Fund Management
New York
|
-$39.9M |
| 4 |
Holocene Advisors
New York
|
-$32.8M |
| 5 |
MAP
Managed Asset Portfolios
Rochester,
Michigan
|
-$28.8M |
WEN Hedge Fund Activity: Q3 2019 in Review
347 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q3 2019, worth a combined $3.36B — down 3.9% from $3.49B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new WEN positions and 34 closed out — a net gain of 24 holders — while 109 added to existing stakes and 110 trimmed.
The largest buyer was Point72 Asset Management, adding an estimated $45.4M. The largest seller was Wells Fargo, cutting an estimated $152M.
- 347 institutional investors held Wendy's (WEN) as of Q3 2019, up from 324 in Q2 2019.
- Funds reported $3.36B of Wendy's stock for Q3 2019, down 3.9% quarter-over-quarter.
- 58 funds opened new Wendy's positions in Q3 2019 and 34 closed out, a net change of +24 holders.
- The largest Wendy's buyer in Q3 2019 was Point72 Asset Management, an estimated $45.4M added.
- The largest Wendy's seller in Q3 2019 was Wells Fargo, an estimated $152M sold.
Based on aggregated 13F filings for Q3 2019.