Wendy's Co (WEN) Institutional Ownership

Ownership Summary

A total of 397 institutions have reported a stake in Wendy's Co (NASDAQ:WEN) as of September 2025, according to recent 13F filings with the SEC.

• These investors collectively held 97.0% of the company's total shares outstanding in September 2025, down from 102.7% in June 2025.
• The company experienced a -1.74% quarterly change in institutional shares held, alongside an increase of 2.06% in total owners annually.
• Among the 397 institutional holders of Wendy's, 186 added to their stakes while 142 trimmed their positions and 69 held steady.
• The aggregate institutional position in Wendy's now stands at 184.91Mn shares as of September 2025, after investors decreased their holdings (down by 3.27Mn shares quarter on quarter which is up 8.29Mn shares year over year).
• TRIAN FUND MANAGEMENT, L.P.'s holding of 30.44Mn shares as of September 30, 2025 makes it the primary institutional investor in Wendy's, owning 15.97% of the stock.
• Among the most significant buyers of Wendy's during September 2025 were BlackRock, Inc. (4.34Mn), MARSHALL WACE, LLP (3.70Mn), JANE STREET GROUP, LLC (2.46Mn), MORGAN STANLEY (1.89Mn), FMR LLC (1.49Mn).
• Leading sellers of Wendy's stock in September 2025 included AQR CAPITAL MANAGEMENT LLC (5.37Mn), Point72 Asset Management, L.P. (4.76Mn), JANUS HENDERSON GROUP PLC (3.08Mn), VANGUARD GROUP INC (2.67Mn), UBS Group AG (2.12Mn).
• The top 10 institutional holders of Wendy's for the quarter ending September 2025 included TRIAN FUND MANAGEMENT, L.P. (30.44Mn), BlackRock, Inc. (24.11Mn), VANGUARD GROUP INC (18.59Mn), HARRIS ASSOCIATES L P (10.60Mn), AQR CAPITAL MANAGEMENT LLC (8.48Mn), CHARLES SCHWAB INVESTMENT MANAGEMENT INC (6.86Mn), MORGAN STANLEY (6.19Mn), STATE STREET CORP (5.34Mn), ARROWSTREET CAPITAL, LIMITED PARTNERSHIP (4.28Mn), DIMENSIONAL FUND ADVISORS LP (4.27Mn).