Wendy's
333 hedge funds and large institutions have $3.42B invested in Wendy's in 2020 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 84 increasing their positions, 124 reducing their positions, and 50 closing their positions.
51% more capital invested
Capital invested by funds: $2.27B → $3.42B (+$1.15B)
29% more call options, than puts
Call options by funds: $47.6M | Put options by funds: $37M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
2.1% more ownership
Funds ownership: 68.41% → 70.51% (+2.1%)
8% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 50
1% more funds holding
Funds holding: 331 → 333 (+2)
32% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 124
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$41.7M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$39.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$38.5M |
| 4 |
Holocene Advisors
New York
|
+$27.6M |
| 5 |
DFO
Duquesne Family Office
New York
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$23.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$19.8M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$18.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$16.2M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$14.7M |
WEN Hedge Fund Activity: Q2 2020 in Review
333 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q2 2020, worth a combined $3.42B — up 51% from $2.27B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new WEN positions and 50 closed out — a net gain of 4 holders — while 84 added to existing stakes and 124 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $41.7M. The largest seller was Citadel Advisors, cutting an estimated $23.3M.
- 333 institutional investors held Wendy's (WEN) as of Q2 2020, up from 331 in Q1 2020.
- Funds reported $3.42B of Wendy's stock for Q2 2020, up 51% quarter-over-quarter.
- 54 funds opened new Wendy's positions in Q2 2020 and 50 closed out, a net change of +4 holders.
- The largest Wendy's buyer in Q2 2020 was Victory Capital Management, an estimated $41.7M added.
- The largest Wendy's seller in Q2 2020 was Citadel Advisors, an estimated $23.3M sold.
Based on aggregated 13F filings for Q2 2020.