Wendy's
331 hedge funds and large institutions have $2.27B invested in Wendy's in 2020 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 97 increasing their positions, 110 reducing their positions, and 65 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
7% less call options, than puts
Call options by funds: $20.2M | Put options by funds: $21.8M
2.67% less ownership
Funds ownership: 71.08% → 68.41% (-2.7%)
6% less funds holding
Funds holding: 353 → 331 (-22)
12% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 110
28% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 65
37% less capital invested
Capital invested by funds: $3.63B → $2.27B (-$1.36B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$108M |
| 2 |
JP Morgan Chase
New York
|
+$17.6M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
+$15.6M |
| 5 |
MCL
MIK Capital LP
New York
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$77M |
| 2 |
Two Sigma Advisers
New York
|
-$38.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$29.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$28.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$23.5M |
WEN Hedge Fund Activity: Q1 2020 in Review
331 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q1 2020, worth a combined $2.27B — down 37% from $3.63B a quarter earlier.
Sellers outnumbered buyers: 65 funds closed out of WEN and 47 opened new positions — a net loss of 18 holders — while 110 trimmed existing stakes and 97 added.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $108M. The largest seller was Two Sigma Investments, cutting an estimated $77M.
- 331 institutional investors held Wendy's (WEN) as of Q1 2020, down from 353 in Q4 2019.
- Funds reported $2.27B of Wendy's stock for Q1 2020, down 37% quarter-over-quarter.
- 47 funds opened new Wendy's positions in Q1 2020 and 65 closed out, a net change of -18 holders.
- The largest Wendy's buyer in Q1 2020 was Melvin Capital Management, an estimated $108M added.
- The largest Wendy's seller in Q1 2020 was Two Sigma Investments, an estimated $77M sold.
Based on aggregated 13F filings for Q1 2020.