WEN
The Wendy's Company · Consumer Cyclical · Restaurants
Momentum inputs (comparable managers):
holder breadth +16.7% ·
share flow +15.3% ·
net new positions +14.3%
· formula
Broad accumulation: rising shares across more holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 123.39K | $767,540 | n/a | n/a |
| Q2 2026 | 110 | -3 | 151.22M | $1.25B | +7 | −12 |
| Q1 2026 | 118 | 0 | 164.34M | $1.14B | +7 | −7 |
| Q4 2025 | 117 | +1 | 174.75M | $1.46B | +1 | n/a |
| Q3 2025 | 20 | +3 | 125.45M | $1.15B | +3 | −1 |
| Q2 2025 | 15 | 0 | 124.76M | $1.42B | n/a | n/a |
| Q1 2025 | 12 | -2 | 75.37M | $1.10B | n/a | −2 |
| Q4 2024 | 14 | -1 | 67.41M | $1.10B | +1 | −2 |
| Q3 2024 | 14 | +2 | 68.33M | $1.20B | +2 | n/a |
| Q2 2024 | 12 | n/a | 59.28M | $1.01B | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Trian Fund Management ✦ | 30.51M | -3.2% | $534.58M | 13.7% | ▼ Trim | 2 | SEC ↗ ×2 |
| 2 | AQR Capital Management ✦ | 11.12M | +63.2% | $194.82M | 0.3% | ▲ Add | 2 | SEC ↗ ×3 |
| 3 | Harris Associates (Oakmark) ✦ | 9.09M | -4.2% | $159.23M | 0.3% | ▼ Trim | 2 | SEC ↗ |
| 4 | Point72 Asset Management ✦ | 6.44M | +159.6% | $112.84M | 0.4% | ▲ Add | 2 | SEC ↗ |
| 5 | Geode Capital Management ✦ (passive) | 3.10M | +3.9% | $54.29M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 6 | Millennium Management ✦ | 2.75M | +35.9% | $48.10M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 7 | Two Sigma Investments ✦ | 2.15M | +38.0% | $37.63M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 8 | Arrowstreet Capital ✦ | 1.82M | +48.1% | $31.82M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 9 | Adage Capital Partners ✦ | 513.00K | New | $8.99M | 0.0% | New | 1 | SEC ↗ |
| 10 | Norges Bank ✦ (passive) | 308.20K | -55.1% | $5.40M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 11 | T. Rowe Price ✦ | 179.34K | +0.8% | $3.14M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 12 | Citadel Advisors ✦ | 177.62K | New | $3.11M | 0.0% | New | 1 | SEC ↗ ×2 |
| 13 | D. E. Shaw & Co. ✦ | 92.89K | +5.1% | $1.63M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 14 | Gotham Asset Management ✦ | 90.80K | -62.9% | $1.59M | 0.0% | ▼ Trim | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Adage Capital Partners | $8.99M | 0.0% |
| Citadel Advisors | $3.11M | 0.0% |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 405 holders, 191.38M shares, $1.32B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.