Wendy's
242 hedge funds and large institutions have $2.57B invested in Wendy's in 2013 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 83 increasing their positions, 71 reducing their positions, and 24 closing their positions.
104% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 24
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
39% more capital invested
Capital invested by funds: $1.85B → $2.57B (+$724M)
17% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 71
10% more funds holding
Funds holding: 220 → 242 (+22)
2.81% less ownership
Funds ownership: 67.48% → 64.67% (-2.8%)
58% less call options, than puts
Call options by funds: $8.74M | Put options by funds: $20.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$17.9M |
| 2 |
DFO
Duquesne Family Office
New York
|
+$15M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$14.8M |
| 4 |
JP Morgan Chase
New York
|
+$13.5M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$121M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
-$38.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$19.7M |
| 4 |
HK
Horizon Kinetics
New York
|
-$10.2M |
| 5 |
D.E. Shaw & Co
New York
|
-$9.78M |
WEN Hedge Fund Activity: Q3 2013 in Review
242 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q3 2013, worth a combined $2.57B — up 39% from $1.85B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new WEN positions and 24 closed out — a net gain of 25 holders — while 83 added to existing stakes and 71 trimmed.
The largest buyer was Systematic Financial Management, opening a new position worth an estimated $17.9M. The largest seller was Southeastern Asset Management, cutting an estimated $121M.
- 242 institutional investors held Wendy's (WEN) as of Q3 2013, up from 220 in Q2 2013.
- Funds reported $2.57B of Wendy's stock for Q3 2013, up 39% quarter-over-quarter.
- 49 funds opened new Wendy's positions in Q3 2013 and 24 closed out, a net change of +25 holders.
- The largest Wendy's buyer in Q3 2013 was Systematic Financial Management, an estimated $17.9M added.
- The largest Wendy's seller in Q3 2013 was Southeastern Asset Management, an estimated $121M sold.
Based on aggregated 13F filings for Q3 2013.