Wendy's
WEN
361 hedge funds and large institutions have $3.3B invested in Wendy's in 2024 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 123 increasing their positions, 128 reducing their positions, and 63 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.69% less ownership
Funds ownership: 85.97% → 85.28% (-0.69%)
4% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 128
4% less capital invested
Capital invested by funds: $3.45B → $3.3B (-$152M)
6% less funds holding
Funds holding: 386 → 361 (-25)
32% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 63
40% less call options, than puts
Call options by funds: $19.3M | Put options by funds: $32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$69.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$25.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.9M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$23.5M |
| 5 |
Squarepoint
New York
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$92.5M |
| 2 |
Morgan Stanley
New York
|
-$32.5M |
| 3 |
Man Group
London,
United Kingdom
|
-$30.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$26.7M |
| 5 |
BlackRock
New York
|
-$20.3M |
WEN Hedge Fund Activity: Q1 2024 in Review
361 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q1 2024, worth a combined $3.3B — down 4.4% from $3.45B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of WEN and 43 opened new positions — a net loss of 20 holders — while 128 trimmed existing stakes and 123 added.
The largest buyer was Harris Associates, adding an estimated $69.6M. The largest seller was Massachusetts Financial Services, cutting an estimated $92.5M.
- 361 institutional investors held Wendy's (WEN) as of Q1 2024, down from 386 in Q4 2023.
- Funds reported $3.3B of Wendy's stock for Q1 2024, down 4.4% quarter-over-quarter.
- 43 funds opened new Wendy's positions in Q1 2024 and 63 closed out, a net change of -20 holders.
- The largest Wendy's buyer in Q1 2024 was Harris Associates, an estimated $69.6M added.
- The largest Wendy's seller in Q1 2024 was Massachusetts Financial Services, an estimated $92.5M sold.
Based on aggregated 13F filings for Q1 2024.