13F

Stock

Wendys Co

Ticker not mapped · held by 426 managers

Reported value

$1.57B

Holders

426

+8 new · −4 exited

Holders’ est. mark

−$7.83M

Price effect on 6 books still in the name

Largest holder

$253.6M

TRIAN FUND MANAGEMENT, L.P.

Notable conviction

Share of each notable manager’s 13F book.

Holder count by quarter

Who holds it

Notable only
InvestorSharesValueEst. markChange
TRIAN FUND MANAGEMENT, L.P.30.4M$253.6M—Held
BlackRock, Inc.24.9M$207.5M—Held
Vanguard17.1M$142.7M—Held
Icahn Capital11.7M$97.5M—Held
HARRIS ASSOCIATES L P9.97M$83M—Held
CHARLES SCHWAB INVESTMENT MANAGEMENT INC7.09M$59.1M—Held
MORGAN STANLEY6.55M$54.6M−$5.14MCut−$2.16M
State Street5.45M$45.4M—Held
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP4.29M$35.7M—Held
BANK OF AMERICA CORP /DE/4.26M$35.5M−$2.47MAdded$8.24M
WELLS FARGO & COMPANY/MN4.22M$35.2M—Held
DIMENSIONAL FUND ADVISORS LP3.95M$32.9M—Held
GEODE CAPITAL MANAGEMENT, LLC3.2M$26.6M—Held
JANE STREET GROUP, LLC3.16M$26.3M—Held
MILLENNIUM MANAGEMENT LLC2.38M$19.8M—Held
NORTHERN TRUST CORP2.27M$18.9M—Held
Bank of New York Mellon Corp2.22M$18.5M—Held
UBS Group AG2.01M$16.8M—Held
Fidelity1.83M$15.3M—Held
Gotham Asset Management, LLC1.81M$15M—Held
Connor, Clark & Lunn Investment Management Ltd.1.69M$14.1M—Held
Point72 Asset Management, L.P.1.56M$13M—Held
Quinn Opportunity Partners LLC1.47M$12.2M—Held
GOLDMAN SACHS GROUP INC1.32M$11M—Held
Citadel1.27M$10.6M—Held
MARSHALL WACE, LLP1.14M$9.47M—Held
Invesco Ltd.1.08M$9.03M—Held
Quantinno Capital Management LP951.7K$7.93M—Held
Squarepoint Ops LLC905K$7.54M—Held
JANUS HENDERSON GROUP PLC879.5K$7.33M—Held
SUSQUEHANNA INTERNATIONAL GROUP, LLP851.5K$7.09M—Held
Sound Income Strategies, LLC760.1K$6.32M—Held
PRINCIPAL FINANCIAL GROUP INC750.4K$6.25M—Held
Focus Partners Wealth712.1K$5.94M—Held
Schonfeld Strategic Advisors LLC697.7K$5.81M—Held
TWO SIGMA ADVISERS, LP672.8K$5.6M—Held
FIRST TRUST ADVISORS LP652.3K$5.43M—Held
Advisors Asset Management, Inc.628K$5.23M—Held
ALPS ADVISORS INC599.8K$5M—Held
RHUMBLINE ADVISERS547.4K$4.56M—Held
PUBLIC SECTOR PENSION INVESTMENT BOARD546.7K$4.55M—Held
Cerity Partners LLC537.5K$4.48M—Held
DARK FOREST CAPITAL MANAGEMENT LP536.1K$4.47M—Held
Creative Planning520.7K$4.34M—Held
ROYAL BANK OF CANADA498.7K$4.15M—Held
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC492.6K$4.1M—Held
IEQ CAPITAL, LLC470.5K$3.92M—Held
Holocene Advisors, LP459.1K$3.82M—Held
Legal & General Group Plc444.5K$3.7M—Held
FRANKLIN RESOURCES INC419.2K$3.49M—Held
SummitTX Capital, L.P.392.9K$3.27M—Held
Ruffer LLP382.9K$3.19M—Held
IMC-Chicago, LLC366.4K$3.05M—Held
HORIZON KINETICS ASSET MANAGEMENT LLC359.9K$3M—Held
DEUTSCHE BANK AG\347.9K$2.9M—Held
Verition Fund Management LLC346.5K$2.89M—Held
VICTORY CAPITAL MANAGEMENT INC342.9K$2.86M—Held
Soviero Asset Management, LP320K$2.67M—Held
Swiss National Bank319.4K$2.66M—Held
AMERIPRISE FINANCIAL INC315.1K$2.62M—Held
AMERICAN CENTURY COMPANIES INC283.1K$2.36M—Held
Nuveen, LLC275.5K$2.29M—Held
JPMORGAN CHASE & CO255.5K$2.13M—Held
Bridgefront Capital, LLC220.4K$1.84M—Held
GUGGENHEIM CAPITAL LLC217.3K$1.81M—Held
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC210.5K$1.78M—Held
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM196.6K$1.64M—Held
BANK OF NOVA SCOTIA190.1K$1.58M—Held
LPL Financial LLC183.6K$1.53M—Held
Brevan Howard Capital Management LP181.9K$1.52M—Held
Atom Investors LP177.6K$1.48M—Held
SIMPLEX TRADING, LLC172.5K$1.44M—Held
FEDERATED HERMES, INC.165K$1.37M—Held
GROUP ONE TRADING LLC163.7K$1.36M—Held
Mariner, LLC163.5K$1.36M—Held
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM148.2K$1.23M—Held
SEI INVESTMENTS CO147.4K$1.23M—Held
PRUDENTIAL FINANCIAL INC146.4K$1.22M—Held
CAPTRUST FINANCIAL ADVISORS144.6K$1.2M—Held
Mirae Asset Global Investments Co., Ltd.142.8K$1.19M—Held
Oak Thistle LLC140.1K$1.17M—Held
BNP PARIBAS FINANCIAL MARKETS131.5K$1.1M—Held
WINTON GROUP Ltd127.3K$1.06M—Held
CITIGROUP INC127K$1.06M—Held
BANK OF MONTREAL /CAN/123.9K$1.03M—Held
Summit Trail Advisors, LLC119.9K$999K—Held
ALLIANCEBERNSTEIN L.P.119.5K$995.2K—Held
WORLDQUANT MILLENNIUM ADVISORS LLC117.8K$981.6K—Held
BARCLAYS PLC116.2K$967.5K−$96.4KCut−$324.3K
ExodusPoint Capital Management, LP115K$958.3K—Held
D. E. Shaw & Co., Inc.107.3K$894.2K—Held
Pallas Capital Advisors LLC103.3K$860.9K—Held
KLP KAPITALFORVALTNING AS102.5K$853.8K—Held
MERCER GLOBAL ADVISORS INC /ADV98.9K$823.9K—Held
Quantbot Technologies LP98.6K$821.1K—Held
OCCUDO QUANTITATIVE STRATEGIES LP95K$791.7K—Held
Leonteq Securities AG94.3K$785.4K−$60.7KAdded$115.9K
Assenagon Asset Management S.A.93.7K$780.8K—Held
PEAK6 LLC91.3K$760.8K—New
Jump Financial, LLC90.3K$752.6K—Held
Walleye Trading LLC90.3K$752.3K—Held
Illinois Municipal Retirement Fund88.7K$739.3K—Held
NEW YORK STATE COMMON RETIREMENT FUND88.4K$736.6K—Held
Lotus Technology Management, LP88.3K$735.3K—Held
Bridgewater87.5K$729.1K—Held
Renaissance Technologies86.3K$718.7K—Held
GABELLI FUNDS LLC84K$699.7K—Held
COMMONWEALTH EQUITY SERVICES, LLC83.4K$694.6K—Held
Focus Partners Advisor Solutions, LLC82.3K$685.3K—Held
STATE OF WISCONSIN INVESTMENT BOARD80.8K$672.9K—Held
M&T Bank Corp77.9K$649K—Held
Cetera Investment Advisers77.2K$643.3K—Held
EXCHANGE TRADED CONCEPTS, LLC75.9K$632.4K—Held
RAYMOND JAMES FINANCIAL INC73.5K$612.6K—Held
Louisiana State Employees Retirement System72.4K$603.1K—Held
Corient Private Wealth LLC70.9K$590.8K—Held
Legacy Capital Group California, Inc.68.4K$570.1K—Held
Police & Firemen's Retirement System of New Jersey68.4K$569.6K—Held
Kingsview Wealth Management, LLC67.3K$560.9K—Held
A&I FINANCIAL SERVICES, LLC66.3K$552.1K—Held
Mitsubishi UFJ Trust & Banking Corp65.6K$546.7K—Held
STIFEL FINANCIAL CORP64.1K$534.1K—Held
Russell Investments Group, Ltd.63.8K$531.2K—Held
Essential Partners LLC62.9K$524K−$52.2KCut−$141.4K
Empowered Funds, LLC62.4K$519.4K—Held
Sequoia Financial Advisors, LLC57.8K$481.8K—Held
Kimelman & Baird, LLC57.4K$477.8K—Held
Campbell & CO Investment Adviser LLC56.9K$473.8K—Held
TRUIST FINANCIAL CORP54.7K$456K—Held
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO53.9K$449K—Held
Amundi53.2K$442.8K—Held
EVERGREEN CAPITAL MANAGEMENT LLC52.7K$439.3K—Held
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC52.1K$433.7K—Held
Tidal Investments LLC51.9K$432K—Held
Merit Financial Group, LLC50.8K$423K—Held
HighTower Advisors, LLC50.1K$417.6K—Held
Shay Capital LLC50K$416.5K—Held
Jain Global LLC49.3K$410.4K—Held
Cannon Global Investment Management, LLC48.5K$404K—Held
Advisory Services Network, LLC48.1K$400.5K—Held
Universal- Beteiligungs- und Servicegesellschaft mbH48.2K$400K—Held
AXQ CAPITAL, LP46.8K$389.8K—Held
ARIZONA STATE RETIREMENT SYSTEM45.2K$376.1K—Held
VOYA INVESTMENT MANAGEMENT LLC44.4K$369.5K—Held
Zurcher Kantonalbank (Zurich Cantonalbank)42.8K$356.8K—Held
CAXTON ASSOCIATES LLP40.5K$337.3K—Held
Centiva Capital, LP40K$333.1K—Held
OSAIC HOLDINGS, INC.39.5K$329.4K—Held
TD Waterhouse Canada Inc.39.4K$328.2K—Held
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS39.1K$325.8K—Held
NEUBERGER BERMAN GROUP LLC38.5K$321K—Held
Probity Advisors, Inc.37.7K$314.3K—Held
OREGON PUBLIC EMPLOYEES RETIREMENT FUND36.1K$300.7K—Held
Vise Technologies, Inc.36.1K$300.4K—Held
Pathstone Holdings, LLC36K$299.9K—Held
INCEPTIONR LLC35.3K$293.9K—Held
MANUFACTURERS LIFE INSURANCE COMPANY, THE34.3K$285.4K—Held
State of Tennessee, Department of Treasury35.9K$279.5K—Held
Annis Gardner Whiting Capital Advisors, LLC33.5K$279K—Held
B. Riley Wealth Advisors, Inc.33.1K$276.1K—Held
Maryland State Retirement & Pension System33K$274.7K—Held
Vanguard Personalized Indexing Management, LLC32.9K$273.7K—Held
NCM Capital Management, LLC31.5K$262.7K—Held
PNC Financial Services Group, Inc.30.4K$253.2K—Held
HB Wealth Management, LLC29.8K$248.6K—Held
SHELTON CAPITAL MANAGEMENT29.6K$246.9K—Held
ENVESTNET ASSET MANAGEMENT INC29.4K$245.1K—Held
Integrated Wealth Concepts LLC28.9K$240.9K—Held
EntryPoint Capital, LLC28.9K$240.7K—Held
JONES FINANCIAL COMPANIES LLLP28.9K$240.3K—Held
Kaufman Rossin Wealth, LLC28.3K$235.9K—Held
Ensign Peak Advisors, Inc28.2K$234.8K—Held
Pictet Asset Management Holding SA27.9K$232.5K—Held
YOUSIF CAPITAL MANAGEMENT, LLC27.7K$226.5K—Held
Summit Financial, LLC27.1K$226.1K—Held
BOOTHBAY FUND MANAGEMENT, LLC27.1K$225.7K—Held
BOYAR ASSET MANAGEMENT INC.25.9K$215.4K—Held
QUADRANT CAPITAL GROUP LLC25K$208.5K—Held
Prosperity Wealth Management, Inc.24.9K$207.2K—Held
Swiss Life Asset Management Ltd24.9K$207.1K—New
CULLEN INVESTMENT GROUP, LTD.22.8K$197.2K—Held
XTX Topco Ltd22.7K$189.3K—Held
LECAP ASSET MANAGEMENT LTD22.5K$187.3K—Held
SIGNATUREFD, LLC22.3K$185.9K—Held
COMERICA BANK22.2K$185.2K—Held
Brooklyn Investment Group22.2K$184.9K—Held
EVOKE WEALTH, LLC22.2K$184.7K—Held
World Investment Advisors22K$183.7K—Held
Krilogy Financial LLC22.3K$179.9K—Held
Chicago Partners Investment Group LLC21.4K$179.8K—Held
Alpine Global Management, LLC21.6K$179.6K—Held
Robertson Stephens Wealth Management, LLC21.4K$178.3K—Held
EVOLVE PRIVATE WEALTH, LLC20.7K$172.5K—Held
Sanctuary Advisors, LLC20.6K$172K−$16.3KCut−$7.41K
Lido Advisors, LLC18.9K$170.1K—Held
SYON CAPITAL LLC19.6K$163.3K—Held
Waverly Advisors, LLC19.5K$162.5K—Held
Parallel Advisors, LLC18.7K$156K—Held
&PARTNERS18.6K$154.6K—Held
US BANCORP \DE\18.1K$150.9K—Held
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC18.1K$150.4K—Held
Patriot Financial Group Insurance Agency, LLC18K$150.2K—Held
Militia Capital Partners, LP18K$149.9K—New
Murchinson Ltd.18K$149.9K—Held
O'SHAUGHNESSY ASSET MANAGEMENT, LLC17.8K$148.1K—Held
Sivia Capital Partners, LLC17.7K$147.5K—Held
Ausdal Financial Partners, Inc.17.7K$147K—Held
Balyasny Asset Management L.P.17.4K$145.3K—Held
Williams Jones Wealth Management, LLC.17K$141.6K—Held
MGO ONE SEVEN LLC16.9K$140.7K—Held
CIBC Asset Management Inc16.9K$140.6K—Held
71 West Capital Partners16.8K$139.6K—Held
Hennion & Walsh Asset Management, Inc.16.7K$139.4K—Held
PCM Encore, LLC16.6K$138.2K—Held
FSM Wealth Advisors, LLC16.6K$137.9K—Held
PROFUND ADVISORS LLC16.3K$135.5K—Held
EP Wealth Advisors, LLC16.3K$135.4K—Held
Orion Porfolio Solutions, LLC16.2K$135.3K—Held
CIBC Private Wealth Group LLC16.2K$135K—Held
North Star Investment Management Corp.16K$133K—Held
waypoint wealth counsel15.9K$132.7K—Held
WADDELL & ASSOCIATES, LLC15.8K$131.7K—Held
Catalyst Funds Management Pty Ltd15.6K$129.9K—Held
XPONANCE LLC15.1K$126.1K—Held
Barnett & Company, Inc.15K$125K—Held
ESL Trust Services, LLC14.9K$123.8K—Held
Marex Group plc14.8K$123.7K—New
TOWERVIEW LLC14.5K$120.8K—Held
TRANSCEND CAPITAL ADVISORS, LLC14.4K$120.4K—Held
Everhart Financial Group, Inc.14.4K$119.8K—Held
Geneos Wealth Management Inc.14.1K$117.5K—Held
Allspring Global Investments Holdings, LLC13.9K$114.8K—Held
Composition Wealth, LLC13.1K$108.9K—Held
GABELLI & Co INVESTMENT ADVISERS, INC.13K$108.3K—Held
Capital Investment Advisors, LLC12.9K$107.5K—Held
1ST SOURCE BANK12.9K$107.5K—Held
NewEdge Advisors, LLC12.9K$107.4K—Held
EARNED WEALTH ADVISORS, LLC12.8K$106.8K—Held
Crossmark Global Holdings, Inc.12.8K$106.6K—Held
VISTA INVESTMENT PARTNERS LLC12.8K$106.5K—Held
Aigen Investment Management, LP12.7K$105.5K—Held
UNITED CAPITAL FINANCIAL ADVISORS, LLC12.5K$104K—Held
Whitcomb & Hess, Inc.12.3K$102.7K—Held
GREENLEAF TRUST12.3K$102.5K—Held
Semanteon Capital Management, LP12.1K$100.9K—Held
JOHNSON INVESTMENT COUNSEL INC12.1K$100.6K—Held
Sagewood Asset Management LP12.1K$100.5K—Held
SYM FINANCIAL Corp12K$100.3K—Held
PDS Planning, Inc11.9K$99.4K—Held
Oasis Management Co Ltd.11.9K$99.2K—Held

Who left

Positions as of Q4 2025. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.