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261 hedge funds and large institutions have $2.29B invested in Wendy's in 2015 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 60 increasing their positions, 112 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

308% more call options, than puts

Call options by funds: $13M | Put options by funds: $3.2M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

31% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 35

26% more capital invested

Capital invested by funds: $1.82B → $2.29B (+$468M)

2% more funds holding

Funds holding: 256261 (+5)

0.42% more ownership

Funds ownership: 44.82%45.23% (+0.42%)

46% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 112

Holders
261
Holders Change
+5
Holders Change %
+1.95%
% of All Funds
6.85%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.1%
New
46
Increased
60
Reduced
112
Closed
35
Calls
$13M
Puts
$3.2M
Net Calls
+$9.85M
Net Calls Change
+$5.81M
Name Holding Trade Value Shares
Change
Change in
Stake
TFM
1
Trian Fund Management
New York
$439M
JHIU
2
Janus Henderson Investors US
Colorado
$218M -$17.9M -1,811,845 -8%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$199M +$13.4M +1,356,071 +8%
HK
4
Horizon Kinetics
New York
$166M -$13.2M -1,343,205 -8%
Vanguard Group
5
Vanguard Group
Pennsylvania
$160M -$5.53M -561,571 -4%
Wells Fargo
6
Wells Fargo
California
$80.8M -$6.2M -629,771 -8%
BFA
7
BlackRock Fund Advisors
California
$80.2M +$1.18M +119,808 +2%
BIT
8
BlackRock Institutional Trust
California
$67.6M -$1.93M -195,528 -3%
State Street
9
State Street
Massachusetts
$63.5M -$1.52M -153,797 -3%
Citadel Advisors
10
Citadel Advisors
Florida
$52.1M +$16.1M +1,633,666 +51%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$49M -$4.26M -432,089 -9%
Jennison Associates
12
Jennison Associates
New York
$46.3M +$4.75M +481,978 +13%
NRECA
13
National Rural Electric Cooperative Association
Virginia
$37.9M
EAM
14
EverPoint Asset Management
Connecticut
$36.6M +$16.7M +1,700,000 +100%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$25.8M -$3.61M -366,386 -13%
Norges Bank
16
Norges Bank
Norway
$23M -$7.42M -753,250 -26%
DKCM
17
Davidson Kempner Capital Management
New York
$21.3M +$19.5M +1,975,000 New
Northern Trust
18
Northern Trust
Illinois
$19M -$3.51M -356,073 -17%
AR
19
Advisory Research
Illinois
$18.1M -$924K -93,835 -5%
MAP
20
Managed Asset Portfolios
Michigan
$16.1M +$400K +40,558 +3%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$15.8M -$414K -42,009 -3%
VOYA Investment Management
22
VOYA Investment Management
Georgia
$15.3M +$13.3M +1,349,834 +1,843%
FPCG
23
Fort Pitt Capital Group
Pennsylvania
$14.2M +$4.22M +428,007 +48%
CCMLC
24
Cardinal Capital Management LLC (Connecticut)
Connecticut
$14M -$56.3K -5,717 -0.4%
Balyasny Asset Management
25
Balyasny Asset Management
Illinois
$13.6M +$12.3M +1,248,386 +8,981%

WEN Hedge Fund Activity: Q4 2015 in Review

261 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q4 2015, worth a combined $2.29B — up 26% from $1.82B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new WEN positions and 35 closed out — a net gain of 11 holders — while 60 added to existing stakes and 112 trimmed.

The largest buyer was Davidson Kempner Capital Management, opening a new position worth an estimated $19.5M. The largest seller was Jefferies Group, cutting an estimated $27.6M.

  • 261 institutional investors held Wendy's (WEN) as of Q4 2015, up from 256 in Q3 2015.
  • Funds reported $2.29B of Wendy's stock for Q4 2015, up 26% quarter-over-quarter.
  • 46 funds opened new Wendy's positions in Q4 2015 and 35 closed out, a net change of +11 holders.
  • The largest Wendy's buyer in Q4 2015 was Davidson Kempner Capital Management, an estimated $19.5M added.
  • The largest Wendy's seller in Q4 2015 was Jefferies Group, an estimated $27.6M sold.

Based on aggregated 13F filings for Q4 2015.