399 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, 136 increasing their positions, 125 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

less ownership

Funds ownership:

26% less capital invested

Capital invested by funds: $2.24B → $1.66B (-$580M)

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
399
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 -$55.1M
2 -$48.9M
3 -$31.7M
4
Vanguard Group
Vanguard Group
Pennsylvania
-$27.4M
5
UBS Group
UBS Group
Switzerland
-$21.8M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
101
First Trust Advisors
Illinois
$911K
HighTower Advisors
102
HighTower Advisors
Illinois
$893K
BA
103
Bridgewater Associates
Connecticut
$890K
JF
104
Jump Financial
Illinois
$861K
CL
105
CSS LLC
Illinois
$832K
SOADOR
106
State of Alaska Department of Revenue
Alaska
$829K
New York State Common Retirement Fund
107
New York State Common Retirement Fund
New York
$810K
GF
108
Gabelli Funds
New York
$769K
Mercer Global Advisors
109
Mercer Global Advisors
Colorado
$753K
FPAS
110
Focus Partners Advisor Solutions
Missouri
$751K
Janney Montgomery Scott
111
Janney Montgomery Scott
Pennsylvania
$743K
ETC
112
Exchange Traded Concepts
Oklahoma
$716K
Raymond James Financial
113
Raymond James Financial
Florida
$696K
Wolverine Trading
114
Wolverine Trading
Illinois
$692K
EGM
115
Engineers Gate Manager
New York
$681K
LSA
116
Leonteq Securities AG
Switzerland
$669K
LSERS
117
Louisiana State Employees Retirement System
Louisiana
$666K
PFSRSONJ
118
Police & Firemen's Retirement System of New Jersey
New Jersey
$663K
Russell Investments Group
119
Russell Investments Group
United Kingdom
$661K
Treasurer of the State of North Carolina
120
Treasurer of the State of North Carolina
North Carolina
$659K
SG Americas Securities
121
SG Americas Securities
New York
$650K
Ensign Peak Advisors
122
Ensign Peak Advisors
Utah
$638K
LCGC
123
Legacy Capital Group California
California
$631K
Osaic Holdings
124
Osaic Holdings
Arizona
$622K
TI
125
Tidal Investments
Wisconsin
$620K