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401 hedge funds and large institutions have $2.24B invested in Wendy's in 2025 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 164 increasing their positions, 118 reducing their positions, and 82 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

39% more repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 118

8.39% more ownership

Funds ownership: 93.95%102.34% (+8.4%)

5% less funds holding

Funds holding: 422401 (-21)

19% less capital invested

Capital invested by funds: $2.76B → $2.24B (-$510M)

23% less first-time investments, than exits

New positions opened: 63 | Existing positions closed: 82

70% less call options, than puts

Call options by funds: $24.5M | Put options by funds: $81.2M

Holders
401
Holders Change
-21
Holders Change %
-4.98%
% of All Funds
5.28%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
63
Increased
164
Reduced
118
Closed
82
Calls
$24.5M
Puts
$81.2M
Net Calls
-$56.7M
Net Calls Change
-$30.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Kovitz Investment Group Partners
51
Kovitz Investment Group Partners
Illinois
$4.82M +$720K +59,042 +16%
HF
52
HRT Financial
New York
$4.47M -$5.07M -415,699 -51%
First Trust Advisors
53
First Trust Advisors
Illinois
$4.3M -$3.48M -285,058 -43%
AA
54
ALPS Advisors
Colorado
$4.22M -$32.1K -2,628 -0.7%
Principal Financial Group
55
Principal Financial Group
Iowa
$4.19M -$360K -29,526 -7%
Macquarie Group
56
Macquarie Group
Australia
$4.12M -$43.5K -3,570 -1%
XT
57
XTX Topco
Cayman Islands
$3.98M +$3.35M +274,564 +371%
IIM
58
INTECH Investment Management
Florida
$3.98M +$1.9M +156,068 +81%
Susquehanna International Group
59
Susquehanna International Group
Pennsylvania
$3.96M +$4.09M +335,155 +2,836%
Swiss National Bank
60
Swiss National Bank
Switzerland
$3.72M -$122K -10,000 -3%
Legal & General Group
61
Legal & General Group
United Kingdom
$3.66M +$179K +14,662 +5%
Creative Planning
62
Creative Planning
Kansas
$3.48M +$1.07M +87,721 +40%
Baird Financial Group
63
Baird Financial Group
Wisconsin
$3.37M +$3.6M +294,979 New
Barclays
64
Barclays
United Kingdom
$3.23M +$1.86M +152,108 +116%
Victory Capital Management
65
Victory Capital Management
Texas
$3.14M -$2.25K -184 -0.1%
AM
66
AGF Management
Ontario, Canada
$3.1M +$1.23M +100,442 +59%
QOP
67
Quinn Opportunity Partners
Virginia
$2.88M +$2.42M +198,040 +367%
Jane Street
68
Jane Street
New York
$2.86M -$2.5M -204,876 -45%
Capstone Investment Advisors
69
Capstone Investment Advisors
New York
$2.85M +$3.04M +249,277 New
Carson Wealth (CWM LLC)
70
Carson Wealth (CWM LLC)
Nebraska
$2.73M +$475K +38,924 +19%
EGM
71
Engineers Gate Manager
New York
$2.71M -$2.21M -181,417 -43%
American Century Companies
72
American Century Companies
Missouri
$2.7M +$2.27M +186,205 +370%
State Board of Administration of Florida Retirement System
73
State Board of Administration of Florida Retirement System
Florida
$2.61M +$21.3K +1,750 +0.8%
GC
74
Guggenheim Capital
Illinois
$2.6M +$578K +47,388 +26%
AllianceBernstein
75
AllianceBernstein
Tennessee
$2.54M +$250K +20,511 +10%

WEN Hedge Fund Activity: Q2 2025 in Review

401 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q2 2025, worth a combined $2.24B — down 19% from $2.76B a quarter earlier.

Sellers outnumbered buyers: 82 funds closed out of WEN and 63 opened new positions — a net loss of 19 holders — while 118 trimmed existing stakes and 164 added.

The largest buyer was UBS Group, adding an estimated $42.4M. The largest seller was JP Morgan Chase, cutting an estimated $29.5M.

  • 401 institutional investors held Wendy's (WEN) as of Q2 2025, down from 422 in Q1 2025.
  • Funds reported $2.24B of Wendy's stock for Q2 2025, down 19% quarter-over-quarter.
  • 63 funds opened new Wendy's positions in Q2 2025 and 82 closed out, a net change of -19 holders.
  • The largest Wendy's buyer in Q2 2025 was UBS Group, an estimated $42.4M added.
  • The largest Wendy's seller in Q2 2025 was JP Morgan Chase, an estimated $29.5M sold.

Based on aggregated 13F filings for Q2 2025.