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311 hedge funds and large institutions have $3.2B invested in Wendy's in 2018 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 85 increasing their positions, 100 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

190% more call options, than puts

Call options by funds: $49.3M | Put options by funds: $17M

29% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 35

2% more funds holding

Funds holding: 304311 (+7)

2.66% less ownership

Funds ownership: 80.61%77.95% (-2.7%)

5% less capital invested

Capital invested by funds: $3.39B → $3.2B (-$183M)

15% less repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 100

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
311
Holders Change
+7
Holders Change %
+2.3%
% of All Funds
7.12%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.09%
New
45
Increased
85
Reduced
100
Closed
35
Calls
$49.3M
Puts
$17M
Net Calls
+$32.3M
Net Calls Change
-$7.47M
Name Holding Trade Value Shares
Change
Change in
Stake
TFM
1
Trian Fund Management
New York
$543M -$40.9M -2,405,292 -7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$281M +$19.3M +1,136,277 +7%
BlackRock
3
BlackRock
New York
$267M +$10.2M +601,968 +4%
Wells Fargo
4
Wells Fargo
California
$169M +$18.4M +1,078,609 +12%
Citadel Advisors
5
Citadel Advisors
Florida
$143M +$41M +2,409,070 +41%
Victory Capital Management
6
Victory Capital Management
Texas
$125M +$13.7M +805,335 +12%
EC
7
Eminence Capital
New York
$119M -$47.8M -2,810,307 -29%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$103M -$7.59M -445,978 -7%
Janus Henderson Group
9
Janus Henderson Group
United Kingdom
$96.2M +$3.74M +220,039 +4%
State Street
10
State Street
Massachusetts
$86.8M -$3.33M -195,943 -4%
HK
11
Horizon Kinetics
New York
$83.7M -$13.6M -800,582 -14%
Invesco
12
Invesco
Georgia
$76.8M -$108K -6,370 -0.1%
Two Sigma Investments
13
Two Sigma Investments
New York
$60.6M +$7.4M +434,842 +14%
MCM
14
Melvin Capital Management
New York
$55M -$47.8M -2,809,656 -47%
Goldman Sachs
15
Goldman Sachs
New York
$52.9M -$11.4K -670 -0%
O
16
OppenheimerFunds
New York
$50.1M -$5.36M -315,152 -10%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$42.4M -$1.48M -87,237 -3%
FPCG
18
Fort Pitt Capital Group
Pennsylvania
$39.4M +$4.03M +236,732 +12%
Millennium Management
19
Millennium Management
New York
$36.4M +$14M +819,826 +63%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$33.4M +$28.4M +1,665,900 +597%
Marshall Wace
21
Marshall Wace
United Kingdom
$31.9M +$31.6M +1,856,070 New
Jennison Associates
22
Jennison Associates
New York
$29.7M -$3.23M -189,879 -10%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$29.5M +$968K +56,876 +3%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$27.7M +$16.9M +995,704 +161%
Northern Trust
25
Northern Trust
Illinois
$25.8M -$2.29M -134,705 -8%

WEN Hedge Fund Activity: Q2 2018 in Review

311 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q2 2018, worth a combined $3.2B — down 5.4% from $3.39B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new WEN positions and 35 closed out — a net gain of 10 holders — while 85 added to existing stakes and 100 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $41M. The largest seller was Balyasny Asset Management, cutting an estimated $63M.

  • 311 institutional investors held Wendy's (WEN) as of Q2 2018, up from 304 in Q1 2018.
  • Funds reported $3.2B of Wendy's stock for Q2 2018, down 5.4% quarter-over-quarter.
  • 45 funds opened new Wendy's positions in Q2 2018 and 35 closed out, a net change of +10 holders.
  • The largest Wendy's buyer in Q2 2018 was Citadel Advisors, an estimated $41M added.
  • The largest Wendy's seller in Q2 2018 was Balyasny Asset Management, an estimated $63M sold.

Based on aggregated 13F filings for Q2 2018.