Wendy's
WEN
314 hedge funds and large institutions have $2.81B invested in Wendy's in 2018 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 92 increasing their positions, 87 reducing their positions, and 41 closing their positions.
201% more call options, than puts
Call options by funds: $18.7M | Put options by funds: $6.21M
39% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 41
5% more funds holding
Funds holding: 300 → 314 (+14)
6% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 87
2.05% less ownership
Funds ownership: 78.33% → 76.29% (-2%)
12% less capital invested
Capital invested by funds: $3.18B → $2.81B (-$371M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$70.9M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$37.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.5M |
| 4 |
JP Morgan Chase
New York
|
+$28.8M |
| 5 |
Two Sigma Advisers
New York
|
+$28.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$127M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$71M |
| 3 |
EC
Eminence Capital
New York
|
-$69.4M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$30.9M |
| 5 |
Jennison Associates
New York
|
-$27.1M |
WEN Hedge Fund Activity: Q4 2018 in Review
314 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q4 2018, worth a combined $2.81B — down 12% from $3.18B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new WEN positions and 41 closed out — a net gain of 16 holders — while 92 added to existing stakes and 87 trimmed.
The largest buyer was Marshall Wace, adding an estimated $70.9M. The largest seller was Citadel Advisors, cutting an estimated $127M.
- 314 institutional investors held Wendy's (WEN) as of Q4 2018, up from 300 in Q3 2018.
- Funds reported $2.81B of Wendy's stock for Q4 2018, down 12% quarter-over-quarter.
- 57 funds opened new Wendy's positions in Q4 2018 and 41 closed out, a net change of +16 holders.
- The largest Wendy's buyer in Q4 2018 was Marshall Wace, an estimated $70.9M added.
- The largest Wendy's seller in Q4 2018 was Citadel Advisors, an estimated $127M sold.
Based on aggregated 13F filings for Q4 2018.