Wendy's Co (WEN) — Institutional Holders, Q2 2026

405 institutional investment managers reported a WEN position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $1.5B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← WEN stock profile

WEN in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

129

Trimmed

138

Sold out

Biggest buyers

FAIRFAX FINANCIAL LTD/ CANAdded · +4,736,725 sh+$39.3M
BlackRockAdded · +4,576,075 sh+$37.9M
Point72 Asset Management, L.P.New · +1,915,535 sh+$15.9M
GEODE CAPITAL MANAGEMENTAdded · +1,313,451 sh+$10.9M
PEAK6Added · +1,108,770 sh+$9.2M

Biggest sellers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIPSold out · -4,040,382 sh-$33.5M
MORGAN STANLEYTrimmed · -3,595,586 sh-$29.8M
MILLENNIUM MANAGEMENTSold out · -3,401,716 sh-$28.2M
BANK OF AMERICATrimmed · -3,230,437 sh-$26.8M
TWO SIGMA INVESTMENTSTrimmed · -2,416,540 sh-$20.0M

WEN 13F holders ranked 1–100 of 405

Institutional investors reporting a position in Wendy's Co on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	TRIAN FUND MANAGEMENT, L.P.#1 · 30,468,434 sh	30,468,434	$252.6M	5.97%	+0.1%
2	BlackRock#2 · 26,314,724 sh	26,314,724	$218.1M	<0.01%	+21.1%
3	VANGUARD PORTFOLIO MANAGEMENT#3 · 10,301,732 sh	10,301,732	$85.4M	<0.01%	+11.2%
4	FAIRFAX FINANCIAL LTD/ CAN#4 · 8,005,627 sh	8,005,627	$66.3M	2.51%	+144.9%
5	CHARLES SCHWAB INVESTMENT MANAGEMENT#5 · 7,523,646 sh	7,523,646	$62.4M	<0.01%	+15.8%
6	VANGUARD CAPITAL MANAGEMENT#6 · 6,924,310 sh	6,924,310	$57.4M	<0.01%	+1.5%
7	WELLS FARGO & COMPANY#7 · 6,684,034 sh	6,684,034	$55.4M	<0.01%	-3.3%
8	STATE STREET#8 · 6,566,985 sh	6,566,985	$54.4M	<0.01%	+20.1%
9	HARRIS ASSOCIATES L P#9 · 5,587,137 sh	5,587,137	$46.3M	0.06%	-5.8%
10	GEODE CAPITAL MANAGEMENT#10 · 4,270,644 sh	4,270,644	$35.4M	<0.01%	+44.4%
11	MORGAN STANLEY#11 · 3,995,468 sh	3,995,468	$33.1M	<0.01%	-47.4%
12	NORTHERN#12 · 3,518,292 sh	3,518,292	$29.2M	<0.01%	+26.9%
13	DIMENSIONAL FUND ADVISORS#13 · 3,499,298 sh	3,499,298	$29.0M	<0.01%	+0.6%
14	HEALTHCARE OF ONTARIO PENSION PLAN FUND#14 · 2,475,000 sh	2,475,000	$20.5M	0.03%	-34.0%
15	UBS Group AG#15 · 2,392,515 sh	2,392,515	$19.8M	<0.01%	-10.6%
16	Bank of New York Mellon#16 · 2,280,217 sh	2,280,217	$18.9M	<0.01%	+5.6%
17	Point72 Asset Management, L.P.#17 · 1,915,535 sh	1,915,535	$15.9M	0.02%	New
18	HOTCHKIS & WILEY CAPITAL MANAGEMENT#18 · 1,911,960 sh	1,911,960	$15.9M	0.05%	+15.1%
19	GOLDMAN SACHS GROUP#19 · 1,869,697 sh	1,869,697	$15.5M	<0.01%	+60.2%
20	Invesco Ltd.#20 · 1,702,730 sh	1,702,730	$14.1M	<0.01%	+4.7%
21	Connor, Clark & Lunn Investment Management Ltd.#21 · 1,667,124 sh	1,667,124	$13.8M	0.03%	-17.4%
22	Jupiter Topco#22 · 1,529,010 sh	1,529,010	$12.7M	<0.01%	—
23	PEAK6#23 · 1,470,384 sh	1,470,384	$12.2M	0.03%	+306.6%
24	AQR CAPITAL MANAGEMENT#24 · 1,485,727 sh	1,485,727	$12.1M	<0.01%	-52.3%
25	TWO SIGMA INVESTMENTS#25 · 1,368,445 sh	1,368,445	$11.3M	<0.01%	-63.8%
26	Gotham Asset Management#26 · 1,350,030 sh	1,350,030	$11.2M	0.03%	+47.4%
27	BANK OF AMERICA#27 · 1,263,315 sh	1,263,315	$10.5M	<0.01%	-71.9%
28	Advisors Asset Management#28 · 1,201,350 sh	1,201,350	$10.0M	0.15%	+37.7%
29	SUSQUEHANNA INTERNATIONAL GROUP, LLP#29 · 1,136,738 sh	1,136,738	$9.4M	<0.01%	-23.0%
30	VANGUARD FIDUCIARY#30 · 1,123,827 sh	1,123,827	$9.3M	<0.01%	+12.7%
31	Quantinno Capital Management#31 · 1,010,203 sh	1,010,203	$8.4M	0.01%	+31.8%
32	ELEMENT CAPITAL MANAGEMENT#32 · 900,000 sh	900,000	$7.5M	0.23%	New
33	MARSHALL WACE, LLP#33 · 898,018 sh	898,018	$7.4M	<0.01%	-33.2%
34	Sound Income Strategies#34 · 784,388 sh	784,388	$6.5M	—	+1.7%
35	PRINCIPAL FINANCIAL GROUP#35 · 772,710 sh	772,710	$6.4M	<0.01%	+0.8%
36	ALPS ADVISORS#36 · 589,428 sh	589,428	$4.9M	0.02%	+3.0%
37	Quinn Opportunity Partners#37 · 586,053 sh	586,053	$4.9M	0.23%	-63.1%
38	Creative Planning#38 · 575,506 sh	575,506	$4.8M	<0.01%	-16.0%
39	Nuveen#39 · 573,757 sh	573,757	$4.8M	<0.01%	+35.2%
40	Soviero Asset Management#40 · 570,000 sh	570,000	$4.7M	1.99%	+21.3%
41	PUBLIC SECTOR PENSION INVESTMENT BOARD#41 · 542,220 sh	542,220	$4.5M	0.01%	-4.1%
42	Converium Capital#42 · 500,000 sh	500,000	$4.1M	0.53%	New
43	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#43 · 481,357 sh	481,357	$4.0M	<0.01%	-9.8%
44	AMERIPRISE FINANCIAL#44 · 466,456 sh	466,456	$3.9M	<0.01%	+0.8%
45	RHUMBLINE ADVISERS#45 · 447,433 sh	447,433	$3.7M	<0.01%	-18.0%
46	Baird Financial Group#46 · 435,107 sh	435,107	$3.6M	<0.01%	+13.0%
47	FIRST ADVISORS#47 · 425,829 sh	425,829	$3.5M	<0.01%	+22.3%
48	Legal & General Group Plc#48 · 414,356 sh	414,356	$3.4M	<0.01%	+0.2%
49	BESSEMER GROUP#49 · 380,304 sh	380,304	$3.2M	<0.01%	+0.2%
50	Caitong International Asset Management , Ltd#50 · 366,309 sh	366,309	$3.0M	0.42%	+4834.1%
51	First Eagle Investment Management#51 · 353,023 sh	353,023	$2.9M	<0.01%	New
52	ExodusPoint Capital Management#52 · 346,513 sh	346,513	$2.9M	0.02%	+407.4%
53	AMERICAN CENTURY COMPANIES#53 · 340,861 sh	340,861	$2.8M	<0.01%	+12.4%
54	Walleye Trading#54 · 338,254 sh	338,254	$2.8M	<0.01%	+355.2%
55	Swiss National Bank#55 · 324,700 sh	324,700	$2.7M	<0.01%	+1.7%
56	Venture Visionary Partners#56 · 317,717 sh	317,717	$2.6M	—	+121.8%
57	ALLIANCEBERNSTEIN L.P.#57 · 364,554 sh	364,554	$2.5M	<0.01%	+114.7%
58	WINTON GROUP Ltd#58 · 291,578 sh	291,578	$2.4M	0.08%	+48.8%
59	GROUP ONE TRADING, L.P.#59 · 266,953 sh	266,953	$2.2M	<0.01%	-6.6%
60	BARCLAYS PLC#60 · 259,695 sh	259,695	$2.2M	<0.01%	+8.6%
61	SIMPLEX TRADING#61 · 256,869 sh	256,869	$2.1M	<0.01%	+87.9%
62	PRICE T ROWE ASSOCIATES#62 · 253,107 sh	253,107	$2.1M	<0.01%	+36.2%
63	XTX Topco Ltd#63 · 250,226 sh	250,226	$2.1M	0.03%	New
64	Summit Financial#64 · 244,705 sh	244,705	$2.0M	0.02%	+770.4%
65	ROYAL BANK OF CANADA#65 · 227,431 sh	227,431	$1.9M	<0.01%	-9.7%
66	JPMORGAN CHASE#66 · 207,621 sh	207,621	$1.8M	<0.01%	-25.6%
67	CenterBook Partners#67 · 212,771 sh	212,771	$1.8M	0.09%	New
68	COMMONWEALTH EQUITY SERVICES#68 · 210,025 sh	210,025	$1.7M	<0.01%	+132.9%
69	GUGGENHEIM CAPITAL#69 · 200,412 sh	200,412	$1.7M	0.01%	+0.8%
70	Sculptor Capital#70 · 200,000 sh	200,000	$1.7M	0.01%	New
71	NEW YORK STATE TEACHERS RETIREMENT SYSTEM#71 · 198,836 sh	198,836	$1.6M	—	-2.7%
72	BNP PARIBAS FINANCIAL MARKETS#72 · 193,463 sh	193,463	$1.6M	<0.01%	-7.7%
73	RAYMOND JAMES FINANCIAL#73 · 192,439 sh	192,439	$1.6M	<0.01%	-7.3%
74	DEUTSCHE BANK AG\#74 · 189,018 sh	189,018	$1.6M	<0.01%	+588.5%
75	RENAISSANCE TECHNOLOGIES#75 · 185,782 sh	185,782	$1.5M	<0.01%	-92.1%
76	Leonteq Securities AG#76 · 182,872 sh	182,872	$1.5M	0.05%	-8.8%
77	Brevan Howard Capital Management#77 · 174,961 sh	174,961	$1.5M	0.01%	-44.6%
78	BANK OF MONTREAL#78 · 169,897 sh	169,897	$1.4M	<0.01%	+8.6%
79	SummitTX Capital, L.P.#79 · 167,939 sh	167,939	$1.4M	0.04%	-49.3%
80	PRUDENTIAL FINANCIAL#80 · 167,924 sh	167,924	$1.4M	<0.01%	+15.4%
81	CITIGROUP#81 · 163,776 sh	163,776	$1.4M	<0.01%	-29.4%
82	Quantbot Technologies#82 · 160,131 sh	160,131	$1.3M	0.05%	+74.1%
83	GREAT WEST LIFE ASSURANCE#83 · 156,891 sh	156,891	$1.3M	<0.01%	-0.6%
84	Summit Trail Advisors#84 · 145,301 sh	145,301	$1.2M	0.02%	-9.6%
85	LPL Financial#85 · 145,191 sh	145,191	$1.2M	<0.01%	-39.3%
86	SEI INVESTMENTS#86 · 143,078 sh	143,078	$1.2M	<0.01%	-34.6%
87	VANGUARD ASSET MANAGEMENT, Ltd#87 · 138,853 sh	138,853	$1.2M	<0.01%	0.0%
88	Schonfeld Strategic Advisors#88 · 136,558 sh	136,558	$1.1M	<0.01%	-77.5%
89	FMR#89 · 133,480 sh	133,480	$1.1M	0.00%	-94.1%
90	Mirae Asset Global Investments , Ltd.#90 · 132,116 sh	132,116	$1.1M	<0.01%	+19.5%
91	BANK OF NOVA SCOTIA#91 · 131,213 sh	131,213	$1.1M	<0.01%	-42.8%
92	VICTORY CAPITAL MANAGEMENT#92 · 128,307 sh	128,307	$1.1M	<0.01%	+19.4%
93	Atom Investors#93 · 113,922 sh	113,922	$944.4K	0.08%	-41.1%
94	EXCHANGE TRADED CONCEPTS#94 · 110,799 sh	110,799	$918.5K	<0.01%	New
95	Corient Private Wealth#95 · 110,277 sh	110,277	$914.2K	<0.01%	+59.1%
96	A&I FINANCIAL SERVICES#96 · 108,882 sh	108,882	$902.6K	—	+29.5%
97	HORIZON KINETICS ASSET MANAGEMENT#97 · 108,803 sh	108,803	$902.0K	0.01%	-59.6%
98	THRIVENT FINANCIAL FOR LUTHERANS#98 · 103,818 sh	103,818	$861.0K	<0.01%	-1.6%
99	Illinois Municipal Retirement Fund#99 · 97,688 sh	97,688	$809.8K	<0.01%	+12.0%
100	MetLife Investment Management#100 · 95,098 sh	95,098	$788.4K	<0.01%	+1547.3%

Funds that sold out of WEN in Q2 2026 (82)

Held WEN at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held WEN in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP4,040,382 sh	4,040,382	$28.1M
MILLENNIUM MANAGEMENT3,401,716 sh	3,401,716	$23.6M
Oasis Management Ltd.1,511,903 sh	1,511,903	$10.5M
Caption Management402,239 sh	402,239	$2.8M
Engineers Gate Manager347,732 sh	347,732	$2.4M
IMC-Chicago256,317 sh	256,317	$1.8M
Bridgefront Capital220,950 sh	220,950	$1.5M
BLUEFIN CAPITAL MANAGEMENT193,676 sh	193,676	$1.3M
Kingsview Wealth Management148,026 sh	148,026	$1.0M
Centiva Capital114,589 sh	114,589	$796.4K
Graham Capital Management, L.P.105,602 sh	105,602	$733.9K
Jain Global90,898 sh	90,898	$631.7K
DARK FOREST CAPITAL MANAGEMENT87,120 sh	87,120	$605.5K
AXQ CAPITAL85,606 sh	85,606	$595.0K
Treasurer of the State of North Carolina68,520 sh	68,520	$476.0K
LEUCADIA NATIONAL60,180 sh	60,180	$418.3K
OCCUDO QUANTITATIVE STRATEGIES59,332 sh	59,332	$413.0K
Bridgewater Associates53,949 sh	53,949	$374.9K
SG Americas Securities50,001 sh	50,001	$348.0K
Holocene Advisors46,890 sh	46,890	$325.9K
Pinnacle Financial Partners44,390 sh	44,390	$308.5K
EAGLE HARBOR ASSET MANAGEMENT40,287 sh	40,287	$280.0K
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS39,080 sh	39,080	$271.6K
Headlands Technologies38,309 sh	38,309	$266.2K
MIRABELLA FINANCIAL SERVICES LLP36,236 sh	36,236	$251.8K
Frank, Rimerman Advisors32,973 sh	32,973	$229.2K
Squarepoint Ops32,922 sh	32,922	$228.8K
Handelsbanken Fonder AB30,857 sh	30,857	$214.0K
GDS Wealth Management29,767 sh	29,767	$206.9K
Patriot Financial Group Insurance Agency29,766 sh	29,766	$206.9K
LECAP ASSET MANAGEMENT LTD29,697 sh	29,697	$206.4K
SHELTON CAPITAL MANAGEMENT29,639 sh	29,639	$206.0K
Diametric Capital29,629 sh	29,629	$205.9K
Odyssean25,420 sh	25,420	$176.7K
Merit Financial Group23,761 sh	23,761	$165.1K
World Investment Advisors22,099 sh	22,099	$153.6K
O'SHAUGHNESSY ASSET MANAGEMENT21,906 sh	21,906	$152.2K
Pallas Capital Advisors21,882 sh	21,882	$152.1K
NOMURA21,800 sh	21,800	$151.5K
Aster Capital Management (DIFC) Ltd9,947 sh	9,947	$145.5K
PCM Encore18,612 sh	18,612	$129.4K
Lido Advisors18,141 sh	18,141	$126.1K
QUADRANT CAPITAL GROUP19,972 sh	19,972	$118.4K
Williams Jones Wealth Management17,000 sh	17,000	$118.2K
CULLEN INVESTMENT GROUP, LTD.16,883 sh	16,883	$117.3K
LMR Partners LLP14,788 sh	14,788	$102.8K
PharVision Advisers14,068 sh	14,068	$97.8K
Aquatic Capital Management13,503 sh	13,503	$93.8K
Savvy Advisors12,752 sh	12,752	$88.6K
Magnetar Financial12,643 sh	12,643	$87.9K
iSAM Funds (UK) Ltd12,181 sh	12,181	$84.7K
EVOLVE PRIVATE WEALTH11,415 sh	11,415	$79.3K
Callan Family Office11,081 sh	11,081	$77.0K
HSBC PLC11,049 sh	11,049	$76.8K
denkapparat Operations GmbH10,338 sh	10,338	$71.8K
OPPENHEIMER10,281 sh	10,281	$71.5K
PINNACLE ASSOCIATES LTD10,080 sh	10,080	$70.1K
Gen-Wealth Partners5,765 sh	5,765	$40.1K
Bangor Savings Bank5,000 sh	5,000	$34.8K
MOTCO1,599 sh	1,599	$11.1K
Field & Main Bank1,500 sh	1,500	$10.4K
Root Financial Partners961 sh	961	$6.7K
NBT BANK N A568 sh	568	$3.9K
Wealth Preservation Advisors522 sh	522	$3.6K
OGOREK ANTHONY JOSEPH /NY425 sh	425	$3.0K
BOKF, NA327 sh	327	$2.3K
Magnolia Wealth Management260 sh	260	$1.8K
Bullseye Investment Management229 sh	229	$1.6K
Western Wealth Management200 sh	200	$1.4K
Capital Advisors, Ltd.116 sh	116	$1.0K
TD PRIVATE CLIENT WEALTH107 sh	107	$744.00
Lodestone Wealth Management97 sh	97	$674.00
HIGHLINE WEALTH PARTNERS86 sh	86	$598.00
TWIN PEAKS WEALTH ADVISORS74 sh	74	$514.00
Activest Wealth Management54 sh	54	$375.00
Truvestments Capital50 sh	50	$348.00
FINANCIAL CONSULATE35 sh	35	$244.00
Trust Co31 sh	31	$215.00
SouthState Bank20 sh	20	$139.00
Scarborough Advisors10 sh	10	$69.00
Dunhill Financial3 sh	3	$24.00
CURIO WEALTH2 sh	2	$15.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.