396 hedge funds and large institutions have $1.66B invested in Wendy's in 2025 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 132 increasing their positions, 126 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less funds holding

Funds holding:

less ownership

Funds ownership:

26% less capital invested

Capital invested by funds: $2.25B → $1.66B (-$585M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

71% less call options, than puts

Call options by funds: $25.3M | Put options by funds: $88M

Holders
396
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$25.3M
Puts
$88M
Net Calls
Net Calls Change

Top Sellers

1 -$48.9M
2 -$43.6M
3 -$28.3M
4
Vanguard Group
Vanguard Group
Pennsylvania
-$24.4M
5
UBS Group
UBS Group
Switzerland
-$19.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Teacher Retirement System of Texas
201
Teacher Retirement System of Texas
Texas
$196K
SF
202
Summit Financial
New Jersey
$191K
CCA
203
Cobblestone Capital Advisors
New York
$191K
HIP
204
HUB Investment Partners
Texas
$191K
BP
205
Ballentine Partners
Massachusetts
$189K
Jones Financial Companies
206
Jones Financial Companies
Missouri
$187K
DW30
207
Drucker Wealth 3.0
New Jersey
$185K
PCMH
208
Polymer Capital Management (HK)
Hong Kong
$183K
SA
209
Sanctuary Advisors
Indiana
$179K
HWM
210
HB Wealth Management
Georgia
$177K
I
211
InceptionR
California
$177K
PAS
212
Point72 Asia (Singapore)
Singapore
$173K
Universal-Beteiligungs- und Servicegesellschaft
213
Universal-Beteiligungs- und Servicegesellschaft
Germany
$172K
WJWM
214
Williams Jones Wealth Management
New York
$169K
WA
215
Waddell & Associates
Tennessee
$169K
DI
216
Diligent Investors
California
$168K
MOACM
217
Mutual of America Capital Management
New York
$162K
Public Employees Retirement Association of Colorado
218
Public Employees Retirement Association of Colorado
Colorado
$162K
US Bancorp
219
US Bancorp
Minnesota
$161K
VT
220
Vise Technologies
New York
$160K
Lazard Asset Management
221
Lazard Asset Management
New York
$158K
HWAM
222
Hennion & Walsh Asset Management
New Jersey
$156K
CAM
223
Cresset Asset Management
Illinois
$154K
FRM
224
Fox Run Management
Connecticut
$154K
UCFA
225
United Capital Financial Advisors
Texas
$151K