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274 hedge funds and large institutions have $2.9B invested in Wendy's in 2017 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 81 increasing their positions, 112 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

302% more call options, than puts

Call options by funds: $22.1M | Put options by funds: $5.5M

0.16% more ownership

Funds ownership: 76.52%76.69% (+0.16%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

1% less capital invested

Capital invested by funds: $2.91B → $2.9B (-$16M)

2% less funds holding

Funds holding: 281274 (-7)

12% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 34

28% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 112

Holders
274
Holders Change
-7
Holders Change %
-2.49%
% of All Funds
6.83%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
30
Increased
81
Reduced
112
Closed
34
Calls
$22.1M
Puts
$5.5M
Net Calls
+$16.6M
Net Calls Change
+$6.87M
Name Holding Trade Value Shares
Change
Change in
Stake
TFM
1
Trian Fund Management
New York
$606M
Vanguard Group
2
Vanguard Group
Pennsylvania
$236M -$2.12M -138,278 -0.9%
BlackRock
3
BlackRock
New York
$229M -$10.9M -714,851 -5%
EC
4
Eminence Capital
New York
$138M +$19.7M +1,288,206 +17%
Wells Fargo
5
Wells Fargo
California
$124M +$5.05M +329,659 +4%
HK
6
Horizon Kinetics
New York
$110M -$4.16M -271,629 -4%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$109M -$4.36M -284,957 -4%
Janus Henderson Group
8
Janus Henderson Group
United Kingdom
$94.9M -$93.5M -6,102,526 -50%
Victory Capital Management
9
Victory Capital Management
Texas
$87.2M -$4.52M -295,109 -5%
Invesco
10
Invesco
Georgia
$87M +$66.3K +4,329 +0.1%
State Street
11
State Street
Massachusetts
$82.9M -$2.08M -135,901 -2%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$41.6M -$733K -47,860 -2%
Goldman Sachs
13
Goldman Sachs
New York
$37.2M +$4.59M +299,748 +14%
D.E. Shaw & Co
14
D.E. Shaw & Co
New York
$35.3M -$449K -29,340 -1%
MC
15
Maplelane Capital
New York
$33M +$28.7M +1,874,501 +750%
MCM
16
Melvin Capital Management
New York
$31.1M +$30.6M +2,000,000 New
Millennium Management
17
Millennium Management
New York
$30.9M -$1.5M -97,867 -5%
FPCG
18
Fort Pitt Capital Group
Pennsylvania
$30.2M -$212K -13,873 -0.7%
Jennison Associates
19
Jennison Associates
New York
$29.9M -$1.1M -71,912 -4%
Norges Bank
20
Norges Bank
Norway
$27.2M
Two Sigma Investments
21
Two Sigma Investments
New York
$26.7M +$19.8M +1,291,823 +302%
Northern Trust
22
Northern Trust
Illinois
$26.6M -$1.45M -94,420 -5%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$25.7M +$1.03M +67,019 +4%
Deutsche Bank
24
Deutsche Bank
Germany
$25.7M -$1.61M -105,005 -6%
Renaissance Technologies
25
Renaissance Technologies
New York
$25.5M +$6.65M +434,160 +36%

WEN Hedge Fund Activity: Q3 2017 in Review

274 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q3 2017, worth a combined $2.9B — down 0.55% from $2.91B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of WEN and 30 opened new positions — a net loss of 4 holders — while 112 trimmed existing stakes and 81 added.

The largest buyer was Melvin Capital Management, opening a new position worth an estimated $30.6M. The largest seller was Janus Henderson Group, cutting an estimated $93.5M.

  • 274 institutional investors held Wendy's (WEN) as of Q3 2017, down from 281 in Q2 2017.
  • Funds reported $2.9B of Wendy's stock for Q3 2017, down 0.55% quarter-over-quarter.
  • 30 funds opened new Wendy's positions in Q3 2017 and 34 closed out, a net change of -4 holders.
  • The largest Wendy's buyer in Q3 2017 was Melvin Capital Management, an estimated $30.6M added.
  • The largest Wendy's seller in Q3 2017 was Janus Henderson Group, an estimated $93.5M sold.

Based on aggregated 13F filings for Q3 2017.