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314 hedge funds and large institutions have $2.81B invested in Wendy's in 2018 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 92 increasing their positions, 87 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

201% more call options, than puts

Call options by funds: $18.7M | Put options by funds: $6.21M

39% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 41

5% more funds holding

Funds holding: 300314 (+14)

6% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 87

2.05% less ownership

Funds ownership: 78.33%76.29% (-2%)

12% less capital invested

Capital invested by funds: $3.18B → $2.81B (-$371M)

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
314
Holders Change
+14
Holders Change %
+4.67%
% of All Funds
7%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.09%
New
57
Increased
92
Reduced
87
Closed
41
Calls
$18.7M
Puts
$6.21M
Net Calls
+$12.5M
Net Calls Change
-$1.15M
Name Holding Trade Value Shares
Change
Change in
Stake
TFM
1
Trian Fund Management
New York
$494M
Vanguard Group
2
Vanguard Group
Pennsylvania
$274M +$16.1M +945,862 +6%
BlackRock
3
BlackRock
New York
$261M +$8.46M +496,357 +3%
Wells Fargo
4
Wells Fargo
California
$147M -$7.77M -455,659 -5%
EC
5
Eminence Capital
New York
$125M -$69.4M -4,072,063 -34%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$83.3M -$3.99M -233,788 -4%
Janus Henderson Group
7
Janus Henderson Group
United Kingdom
$83.1M -$124K -7,258 -0.1%
Invesco
8
Invesco
Georgia
$79.3M +$11M +647,132 +15%
Marshall Wace
9
Marshall Wace
United Kingdom
$71.4M +$70.9M +4,160,659 +1,000%
State Street
10
State Street
Massachusetts
$71.3M -$6.59M -386,366 -8%
Millennium Management
11
Millennium Management
New York
$69.7M -$11.2M -658,862 -13%
Norges Bank
12
Norges Bank
Norway
$56.6M +$37.5M +2,200,000 +155%
Goldman Sachs
13
Goldman Sachs
New York
$55.6M +$16.7M +980,936 +38%
HK
14
Horizon Kinetics
New York
$53.6M -$7.47M -438,303 -11%
O
15
OppenheimerFunds
New York
$51.9M +$6.16M +361,233 +12%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$44.9M +$5.11M +300,025 +12%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$44.1M +$35.5M +2,081,924 +280%
Two Sigma Advisers
18
Two Sigma Advisers
New York
$41.3M +$28.4M +1,667,800 +171%
FPCG
19
Fort Pitt Capital Group
Pennsylvania
$37M +$1.66M +97,646 +4%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$29.9M +$1.94M +113,514 +6%
JP Morgan Chase
21
JP Morgan Chase
New York
$29.4M +$28.8M +1,688,189 +870%
Arrowstreet Capital
22
Arrowstreet Capital
Massachusetts
$26.6M +$24.6M +1,444,858 +564%
CCMLC
23
Cardinal Capital Management LLC (Connecticut)
Connecticut
$25.6M +$2.6M +152,698 +10%
Two Sigma Investments
24
Two Sigma Investments
New York
$24.8M -$3.22M -188,644 -11%
Northern Trust
25
Northern Trust
Illinois
$24M +$436K +25,602 +2%

WEN Hedge Fund Activity: Q4 2018 in Review

314 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q4 2018, worth a combined $2.81B — down 12% from $3.18B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new WEN positions and 41 closed out — a net gain of 16 holders — while 92 added to existing stakes and 87 trimmed.

The largest buyer was Marshall Wace, adding an estimated $70.9M. The largest seller was Citadel Advisors, cutting an estimated $127M.

  • 314 institutional investors held Wendy's (WEN) as of Q4 2018, up from 300 in Q3 2018.
  • Funds reported $2.81B of Wendy's stock for Q4 2018, down 12% quarter-over-quarter.
  • 57 funds opened new Wendy's positions in Q4 2018 and 41 closed out, a net change of +16 holders.
  • The largest Wendy's buyer in Q4 2018 was Marshall Wace, an estimated $70.9M added.
  • The largest Wendy's seller in Q4 2018 was Citadel Advisors, an estimated $127M sold.

Based on aggregated 13F filings for Q4 2018.