Wendys Co (WEN) Hedge Fund Ownership (Q1 2026)

Wendys Co (WEN)

407 + Investors. Track Smart Money conviction in WEN. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — WEN

Based on 410 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, more hedge funds reduced or closed their WEN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

🏔️

At the ownership peak (96% of max)

96% of all-time peak

410 hedge funds hold WEN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

📉

Outflows — 4% fewer funds vs a year ago

fund count last 6Q

16 fewer hedge funds hold WEN compared to a year ago (-4% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🟠

More sellers than buyers — 49% buying

221 buying231 selling

Last quarter: 231 funds reduced or exited vs 221 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

⚠️

Fewer new buyers each quarter (-27 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 64 → 75 → 102 → 75. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 20% medium ■ 21% new

243 out of 410 hedge funds have held WEN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💎

Buying through price weakness — shares -0%, value -17%

Value

-16%

Last quarter: funds added -0% more shares while total portfolio value only changed -17%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

📈

Growing discovery — still being found

77 → 64 → 75 → 102 → 75 new funds/Q

New funds entering each quarter: 64 → 75 → 102 → 75. A growing number of institutions are discovering WEN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 66% veterans vs 23% newcomers

■ 66% veterans ■ 11% 1-2yr ■ 23% new

Entry-cohort mix of 433 holders: 285 (66%) are 2+ year veterans, 47 entered 1–2 years ago, and 101 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds

54 of 405 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in WEN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

3.4

out of 10

Low Exit Risk

Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	407	426	-4.46%
13F Shares	200M	203M	-1.3%
Total Value	$1.38B	$1.69B	-18.46%
New Positions	72	102	-30
Increased Positions	139	146	-7
Closed Positions	91	75	+16
Reduced Positions	133	128	+5
Total Calls	15	16	-6.25%
Total Puts	12	11	9.09%
PUT/CALL Ratio	0.8	0.69	Neutral

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

407

426

-4.46%

13F Shares

200M

203M

-1.3%

Total Value

$1.38B

$1.69B

-18.46%

New Positions

102

-30

Increased Positions

139

146

-7

Closed Positions

+16

Reduced Positions

133

128

Total Calls

-6.25%

Total Puts

9.09%

PUT/CALL Ratio

0.8

0.69

Neutral

Institutional Holders (2026 Q2)

407 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in WEN. Verified SEC 13F-HR filings.

QUARTER:

2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 WEN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Trian Fund Management, L.P.	5.97%	30,468,434	$252.6M
2	Fairfax Financial Holdings Ltd/ Can	2.51%	8,005,627	$66.3M
3	Soviero Asset Management, LP	1.99%	570,000	$4.7M
4	Soviero Asset Management, LP	0.63%	180,000	$1.5M
5	T3 Companies, LLC	0.58%	66,000	$547K
6	Converium Capital Inc.	0.53%	500,000	$4.1M
7	Caitong International Asset Management Co., Ltd	0.42%	366,309	$3.0M
8	A&I Financial Services, LLC	0.39%	108,882	$903K
9	Sound Income Strategies, LLC	0.29%	784,388	$6.5M
10	Crawford Fund Management, LLC	0.26%	205,300	$1.7M
11	Element Capital Management LLC	0.26%	1,000,000	$8.3M
12	Element Capital Management LLC	0.23%	900,000	$7.5M
13	Bayesian Capital Management, LP	0.23%	43,100	$357K
14	Quinn Opportunity Partners LLC	0.23%	586,053	$4.9M
15	Pvg Asset Management Corp	0.20%	41,447	$344K
16	Barnett & Company, Inc.	0.20%	32,100	$266K
17	Spurstone Advisory Services, LLC	0.18%	1,500	$13K
18	EntryPoint Capital, LLC	0.18%	15,666	$266K
19	Advisors Asset Management, Inc.	0.15%	1,201,350	$10.0M
20	Legacy Capital Group California, Inc.	0.15%	60,186	$499K
21	Aster Capital Management (DIFC) Ltd	0.15%	54,864	$627K
22	Boyar Asset Management INC.	0.12%	24,534	$203K
23	Caption Management, LLC	0.10%	2,549,600	$21.1M
24	OneAscent Investment Solutions LLC	0.09%	11,184	$93K
25	CenterBook Partners LP	0.09%	212,771	$1.8M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Wendys Co (WEN)

What does the Smart Money Trend signal show for WEN?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their WEN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for WEN?

More sellers than buyers — 49% buying: Last quarter: 231 funds reduced or exited vs 221 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for WEN holders?

Elite ownership — 51% AUM from top-100 funds: 54 of 405 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in WEN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held WEN?

59% of holders stayed for 2+ years: 243 out of 410 hedge funds have held WEN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Wendys Co (WEN)

Smart Money Signals — WEN

Selling streak — 1 quarter in a row

At the ownership peak (96% of max)

Outflows — 4% fewer funds vs a year ago

More sellers than buyers — 49% buying

Fewer new buyers each quarter (-27 vs last Q)

59% of holders stayed for 2+ years

Buying through price weakness — shares -0%, value -17%

Growing discovery — still being found

Veteran-anchored — 66% veterans vs 23% newcomers

Elite ownership — 51% AUM from top-100 funds

Institutional Sentiment Summary — WEN

Hedge Fund Ownership: WEN

Market Analysis: WEN

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: WEN

Hedge Fund Positioning: WEN

Statistics: WEN

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Wendys Co (WEN)

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