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262 hedge funds and large institutions have $2.46B invested in Wendy's in 2014 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 86 increasing their positions, 72 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

427% more call options, than puts

Call options by funds: $32.8M | Put options by funds: $6.22M

75% more funds holding in top 10

Funds holding in top 10: 47 (+3)

45% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 33

19% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 72

10% more capital invested

Capital invested by funds: $2.23B → $2.46B (+$233M)

5% more funds holding

Funds holding: 249262 (+13)

0.6% more ownership

Funds ownership: 57.48%58.08% (+0.6%)

Holders
262
Holders Change
+13
Holders Change %
+5.22%
% of All Funds
6.99%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.19%
New
48
Increased
86
Reduced
72
Closed
33
Calls
$32.8M
Puts
$6.22M
Net Calls
+$26.6M
Net Calls Change
+$22.7M
Name Holding Trade Value Shares
Change
Change in
Stake
TFM
1
Trian Fund Management
New York
$585M
HK
2
Horizon Kinetics
New York
$275M -$8.22M -974,081 -3%
JHIU
3
Janus Henderson Investors US
Colorado
$175M +$21.1M +2,498,852 +15%
Vanguard Group
4
Vanguard Group
Pennsylvania
$146M +$2.67M +315,636 +2%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$141M +$1.34M +159,281 +1%
Jennison Associates
6
Jennison Associates
New York
$115M +$14.4M +1,709,922 +16%
BFA
7
BlackRock Fund Advisors
California
$71M -$765K -90,636 -1%
State Street
8
State Street
Massachusetts
$69.8M -$2.11M -249,496 -3%
BIT
9
BlackRock Institutional Trust
California
$66.6M -$755K -89,374 -1%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$54.2M -$10.9M -1,294,148 -18%
Allianz Asset Management
11
Allianz Asset Management
Germany
$41.8M +$5.51M +652,704 +16%
EAM
12
EverPoint Asset Management
Connecticut
$41.5M +$38.8M +4,592,081 New
Wells Fargo
13
Wells Fargo
California
$36.7M +$248K +29,382 +0.7%
NRECA
14
National Rural Electric Cooperative Association
Virginia
$31.8M
Norges Bank
15
Norges Bank
Norway
$28.5M
Point72 Asset Management
16
Point72 Asset Management
Connecticut
$27.1M +$25.3M +3,001,800 New
Bank of New York Mellon
17
Bank of New York Mellon
New York
$26.7M -$148K -17,568 -0.6%
PCM
18
Penn Capital Management
Pennsylvania
$24.5M +$22.9M +2,711,275 New
Principal Financial Group
19
Principal Financial Group
Iowa
$23.8M -$1.67M -197,735 -7%
Deutsche Bank
20
Deutsche Bank
Germany
$22M +$464K +54,976 +2%
Northern Trust
21
Northern Trust
Illinois
$20.8M -$2.74M -324,511 -12%
GC
22
Guggenheim Capital
Illinois
$17.5M -$18.1M -2,141,455 -53%
SBH
23
Segall Bryant & Hamill
Illinois
$16M +$585K +69,272 +4%
MAP
24
Managed Asset Portfolios
Michigan
$15.1M +$979K +116,000 +7%
Neuberger Berman Group
25
Neuberger Berman Group
New York
$14.7M +$8.54K +1,011 +0.1%

WEN Hedge Fund Activity: Q4 2014 in Review

262 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q4 2014, worth a combined $2.46B — up 10% from $2.23B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new WEN positions and 33 closed out — a net gain of 15 holders — while 86 added to existing stakes and 72 trimmed.

The largest buyer was EverPoint Asset Management, opening a new position worth an estimated $38.8M. The largest seller was Systematic Financial Management, cutting an estimated $73.4M.

  • 262 institutional investors held Wendy's (WEN) as of Q4 2014, up from 249 in Q3 2014.
  • Funds reported $2.46B of Wendy's stock for Q4 2014, up 10% quarter-over-quarter.
  • 48 funds opened new Wendy's positions in Q4 2014 and 33 closed out, a net change of +15 holders.
  • The largest Wendy's buyer in Q4 2014 was EverPoint Asset Management, an estimated $38.8M added.
  • The largest Wendy's seller in Q4 2014 was Systematic Financial Management, an estimated $73.4M sold.

Based on aggregated 13F filings for Q4 2014.