Wendy's
247 hedge funds and large institutions have $2.26B invested in Wendy's in 2016 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 90 increasing their positions, 80 reducing their positions, and 37 closing their positions.
88% more call options, than puts
Call options by funds: $3.72M | Put options by funds: $1.98M
13% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 80
0.79% less ownership
Funds ownership: 45.23% → 44.45% (-0.79%)
1% less capital invested
Capital invested by funds: $2.29B → $2.26B (-$28.2M)
5% less funds holding
Funds holding: 261 → 247 (-14)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
30% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$23.5M |
| 2 |
Millennium Management
New York
|
+$18.3M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
+$17.3M |
| 4 |
Renaissance Technologies
New York
|
+$16.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
-$22.3M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$21.3M |
| 3 |
HK
Horizon Kinetics
New York
|
-$18.8M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$14.6M |
| 5 |
CCM
Cadian Capital Management
New York
|
-$12.8M |
WEN Hedge Fund Activity: Q1 2016 in Review
247 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q1 2016, worth a combined $2.26B — down 1.2% from $2.29B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of WEN and 26 opened new positions — a net loss of 11 holders — while 80 trimmed existing stakes and 90 added.
The largest buyer was Citadel Advisors, adding an estimated $23.5M. The largest seller was EverPoint Asset Management, cutting an estimated $22.3M.
- 247 institutional investors held Wendy's (WEN) as of Q1 2016, down from 261 in Q4 2015.
- Funds reported $2.26B of Wendy's stock for Q1 2016, down 1.2% quarter-over-quarter.
- 26 funds opened new Wendy's positions in Q1 2016 and 37 closed out, a net change of -11 holders.
- The largest Wendy's buyer in Q1 2016 was Citadel Advisors, an estimated $23.5M added.
- The largest Wendy's seller in Q1 2016 was EverPoint Asset Management, an estimated $22.3M sold.
Based on aggregated 13F filings for Q1 2016.