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401 hedge funds and large institutions have $2.24B invested in Wendy's in 2025 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 164 increasing their positions, 118 reducing their positions, and 82 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

39% more repeat investments, than reductions

Existing positions increased: 164 | Existing positions reduced: 118

8.39% more ownership

Funds ownership: 93.95%102.34% (+8.4%)

5% less funds holding

Funds holding: 422401 (-21)

19% less capital invested

Capital invested by funds: $2.76B → $2.24B (-$510M)

23% less first-time investments, than exits

New positions opened: 63 | Existing positions closed: 82

70% less call options, than puts

Call options by funds: $24.5M | Put options by funds: $81.2M

Holders
401
Holders Change
-21
Holders Change %
-4.98%
% of All Funds
5.28%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
63
Increased
164
Reduced
118
Closed
82
Calls
$24.5M
Puts
$81.2M
Net Calls
-$56.7M
Net Calls Change
-$30.9M
Name Holding Trade Value Shares
Change
Change in
Stake
ASRS
151
Arizona State Retirement System
Arizona
$568K +$525 +43 +0.1%
SRL
152
Scientech Research LLC
New Jersey
$564K +$602K +49,390 New
LSA
153
Leonteq Securities AG
Switzerland
$558K +$575K +47,139 +2,796%
MP
154
McDonald Partners
Ohio
$521K -$18.4K -1,511 -3%
LSERS
155
Louisiana State Employees Retirement System
Louisiana
$518K -$31.7K -2,600 -5%
ASN
156
Advisory Services Network
Georgia
$511K +$40.5K +3,316 +7%
EC
157
EntryPoint Capital
New York
$504K +$538K +44,099 New
Zurich Cantonal Bank
158
Zurich Cantonal Bank
Switzerland
$489K
DFCM
159
Dark Forest Capital Management
Puerto Rico
$484K +$153K +12,553 +42%
COPPSERS
160
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$473K +$6.27K +514 +1%
AI
161
AdvisorShares Investments
Maryland
$458K +$489K +40,100 New
Bank of Nova Scotia
162
Bank of Nova Scotia
Ontario, Canada
$453K +$247K +20,218 +104%
IAIM
163
International Assets Investment Management
Florida
$448K +$479K +39,252 New
SOMRS
164
State of Michigan Retirement System
Michigan
$443K -$26.8K -2,200 -5%
Thrivent Financial for Lutherans
165
Thrivent Financial for Lutherans
Minnesota
$434K -$235K -19,277 -34%
YCM
166
Yousif Capital Management
Michigan
$433K -$43.4K -3,556 -9%
MFG
167
Merit Financial Group
Georgia
$432K -$469K -38,416 -50%
Fidelity Investments
168
Fidelity Investments
Massachusetts
$416K -$762K -62,437 -63%
STA
169
Summit Trail Advisors
New York
$415K -$37.7K -3,094 -8%
NMIMC
170
Northwestern Mutual Investment Management Company
Wisconsin
$411K -$25.1K -2,055 -5%
Corient Private Wealth
171
Corient Private Wealth
Florida
$411K -$80K -6,559 -15%
NCM
172
NCM Capital Management
New Jersey
$408K -$24.4K -2,000 -5%
CIG
173
Cullen Investment Group
Louisiana
$406K -$31.1K -2,546 -7%
NMERB
174
New Mexico Educational Retirement Board
New Mexico
$397K
Cambridge Investment Research Advisors
175
Cambridge Investment Research Advisors
Iowa
$396K +$62.8K +5,149 +17%

WEN Hedge Fund Activity: Q2 2025 in Review

401 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q2 2025, worth a combined $2.24B — down 19% from $2.76B a quarter earlier.

Sellers outnumbered buyers: 82 funds closed out of WEN and 63 opened new positions — a net loss of 19 holders — while 118 trimmed existing stakes and 164 added.

The largest buyer was UBS Group, adding an estimated $42.4M. The largest seller was JP Morgan Chase, cutting an estimated $29.5M.

  • 401 institutional investors held Wendy's (WEN) as of Q2 2025, down from 422 in Q1 2025.
  • Funds reported $2.24B of Wendy's stock for Q2 2025, down 19% quarter-over-quarter.
  • 63 funds opened new Wendy's positions in Q2 2025 and 82 closed out, a net change of -19 holders.
  • The largest Wendy's buyer in Q2 2025 was UBS Group, an estimated $42.4M added.
  • The largest Wendy's seller in Q2 2025 was JP Morgan Chase, an estimated $29.5M sold.

Based on aggregated 13F filings for Q2 2025.