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251 hedge funds and large institutions have $2.76B invested in Wendy's in 2013 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 88 increasing their positions, 79 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more call options, than puts

Call options by funds: $11.3M | Put options by funds: $5.98M

42% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 26

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

11% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 79

7% more capital invested

Capital invested by funds: $2.57B → $2.76B (+$186M)

4% more funds holding

Funds holding: 242251 (+9)

2.63% more ownership

Funds ownership: 64.67%67.3% (+2.6%)

Holders
251
Holders Change
+9
Holders Change %
+3.72%
% of All Funds
7.29%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.15%
New
37
Increased
88
Reduced
79
Closed
26
Calls
$11.3M
Puts
$5.98M
Net Calls
+$5.28M
Net Calls Change
+$17.3M
Name Holding Trade Value Shares
Change
Change in
Stake
TFM
1
Trian Fund Management
New York
$724M
HK
2
Horizon Kinetics
New York
$230M -$11.7M -1,365,609 -5%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$155M +$5.15M +599,705 +3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$135M +$5.29M +616,266 +4%
Capital Research Global Investors
5
Capital Research Global Investors
California
$101M -$14M -1,635,000 -12%
SAM
6
Southeastern Asset Management
Tennessee
$96.4M -$67.2M -7,823,472 -41%
State Street
7
State Street
Massachusetts
$72.2M +$619K +72,109 +0.9%
BFA
8
BlackRock Fund Advisors
California
$69.2M +$8.8M +1,024,618 +15%
Principal Financial Group
9
Principal Financial Group
Iowa
$68.7M +$41.9M +4,882,985 +163%
JHIU
10
Janus Henderson Investors US
Colorado
$68.6M +$52.7M +6,135,844 +354%
BIT
11
BlackRock Institutional Trust
California
$67.3M +$2.89M +336,320 +5%
SFM
12
Systematic Financial Management
New Jersey
$65M +$43.6M +5,073,123 +213%
Jennison Associates
13
Jennison Associates
New York
$63.3M -$17.5M -2,041,520 -22%
Wells Fargo
14
Wells Fargo
California
$60.5M -$5.85M -681,390 -9%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$34.9M +$26.6M +3,095,251 +341%
HCM
16
Highfields Capital Management
Massachusetts
$30.9M
NRECA
17
National Rural Electric Cooperative Association
Virginia
$30.7M
Bank of New York Mellon
18
Bank of New York Mellon
New York
$28.1M -$2.08M -242,062 -7%
Norges Bank
19
Norges Bank
Norway
$27.6M
ARC
20
Absolute Return Capital
Massachusetts
$26.4M -$12M -1,394,706 -32%
Morgan Stanley
21
Morgan Stanley
New York
$25.1M +$4.14M +482,177 +20%
Deutsche Bank
22
Deutsche Bank
Germany
$23.4M -$718K -83,647 -3%
JP Morgan Chase
23
JP Morgan Chase
New York
$21.8M -$2.33M -271,411 -10%
Neuberger Berman Group
24
Neuberger Berman Group
New York
$21.2M -$4.76M -553,660 -19%
Northern Trust
25
Northern Trust
Illinois
$21.1M +$353K +41,067 +2%

WEN Hedge Fund Activity: Q4 2013 in Review

251 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q4 2013, worth a combined $2.76B — up 7.2% from $2.57B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new WEN positions and 26 closed out — a net gain of 11 holders — while 88 added to existing stakes and 79 trimmed.

The largest buyer was Janus Henderson Investors US, adding an estimated $52.7M. The largest seller was Southeastern Asset Management, cutting an estimated $67.2M.

  • 251 institutional investors held Wendy's (WEN) as of Q4 2013, up from 242 in Q3 2013.
  • Funds reported $2.76B of Wendy's stock for Q4 2013, up 7.2% quarter-over-quarter.
  • 37 funds opened new Wendy's positions in Q4 2013 and 26 closed out, a net change of +11 holders.
  • The largest Wendy's buyer in Q4 2013 was Janus Henderson Investors US, an estimated $52.7M added.
  • The largest Wendy's seller in Q4 2013 was Southeastern Asset Management, an estimated $67.2M sold.

Based on aggregated 13F filings for Q4 2013.