Wendy's
315 hedge funds and large institutions have $3.56B invested in Wendy's in 2020 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 93 increasing their positions, 103 reducing their positions, and 54 closing their positions.
4% more capital invested
Capital invested by funds: $3.42B → $3.56B (+$139M)
0.8% more ownership
Funds ownership: 70.46% → 71.27% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
10% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 103
6% less funds holding
Funds holding: 334 → 315 (-19)
11% less call options, than puts
Call options by funds: $37M | Put options by funds: $41.7M
31% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$86.7M |
| 2 |
Two Sigma Investments
New York
|
+$70.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$61.4M |
| 4 |
D.E. Shaw & Co
New York
|
+$51.7M |
| 5 |
Two Sigma Advisers
New York
|
+$48.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$163M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$53.5M |
| 3 |
Holocene Advisors
New York
|
-$30.5M |
| 4 |
CCM
Clearfield Capital Management
New York
|
-$24.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$18.3M |
WEN Hedge Fund Activity: Q3 2020 in Review
315 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Wendy's (WEN) for Q3 2020, worth a combined $3.56B — up 4.1% from $3.42B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of WEN and 37 opened new positions — a net loss of 17 holders — while 103 trimmed existing stakes and 93 added.
The largest buyer was Fidelity Investments, adding an estimated $86.7M. The largest seller was Melvin Capital Management, exiting entirely with an estimated $163M sold.
- 315 institutional investors held Wendy's (WEN) as of Q3 2020, down from 334 in Q2 2020.
- Funds reported $3.56B of Wendy's stock for Q3 2020, up 4.1% quarter-over-quarter.
- 37 funds opened new Wendy's positions in Q3 2020 and 54 closed out, a net change of -17 holders.
- The largest Wendy's buyer in Q3 2020 was Fidelity Investments, an estimated $86.7M added.
- The largest Wendy's seller in Q3 2020 was Melvin Capital Management, an estimated $163M sold.
Based on aggregated 13F filings for Q3 2020.