Wendy's
WEN
300 hedge funds and large institutions have $3.18B invested in Wendy's in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 122 increasing their positions, 70 reducing their positions, and 40 closing their positions.
148% more call options, than puts
Call options by funds: $22.8M | Put options by funds: $9.19M
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
74% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 70
0.38% more ownership
Funds ownership: 77.95% → 78.33% (+0.38%)
1% less capital invested
Capital invested by funds: $3.2B → $3.18B (-$21.8M)
4% less funds holding
Funds holding: 311 → 300 (-11)
20% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$89.6M |
| 2 |
Millennium Management
New York
|
+$52.5M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$13.5M |
| 4 |
BlackRock
New York
|
+$11.4M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$55.2M |
| 2 |
Two Sigma Investments
New York
|
-$30.6M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$25.2M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$24.5M |
| 5 |
HK
Horizon Kinetics
New York
|
-$17.4M |
WEN Hedge Fund Activity: Q3 2018 in Review
300 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q3 2018, worth a combined $3.18B — down 0.68% from $3.2B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of WEN and 32 opened new positions — a net loss of 8 holders — while 70 trimmed existing stakes and 122 added.
The largest buyer was Eminence Capital, adding an estimated $89.6M. The largest seller was Victory Capital Management, cutting an estimated $55.2M.
- 300 institutional investors held Wendy's (WEN) as of Q3 2018, down from 311 in Q2 2018.
- Funds reported $3.18B of Wendy's stock for Q3 2018, down 0.68% quarter-over-quarter.
- 32 funds opened new Wendy's positions in Q3 2018 and 40 closed out, a net change of -8 holders.
- The largest Wendy's buyer in Q3 2018 was Eminence Capital, an estimated $89.6M added.
- The largest Wendy's seller in Q3 2018 was Victory Capital Management, an estimated $55.2M sold.
Based on aggregated 13F filings for Q3 2018.