Wendy's Co - Common Stock, $.10 par value (WEN)

Historical Holders from Q1 2014 to Q3 2025

Symbol: WEN on Nasdaq
Type / Class: Equity / Common Stock, $.10 par value
Shares outstanding: 190,522,337
All holders as of 30 Sep 2025: Q3 2025
Total 13F shares, excl. options: 181,696,293
Holdings value: $1,663,728,187
% of all portfolios: 0.002%
Number of holders: 386
Number of buys: 199
Number of sells: -193
Average buys %: +0%
Average sells %: -0%

Reported Shares, Excluding Options vs Price

Reported Value, Excluding Options

Total Investors

Significant Owners of Wendy's Co - Common Stock, $.10 par value (WEN)

Filer	Ownership	Change %	Holdings Value	Net Change	Nb Shares	Change %	Reporting Name	Report Period
TRIAN FUND MANAGEMENT, L.P.	16.09%		$352,924,902		30,904,107		Nelson Peltz	08 Jul 2025
BlackRock, Inc.	12.1%		$211,580,758		23,098,336		BlackRock, Inc.	30 Sep 2025
VANGUARD GROUP INC	9.75%	-12%	$170,282,641	-$24,437,937	18,589,808	-12.6%	The Vanguard Group	30 Sep 2025
HARRIS ASSOCIATES L P	5.8%		$122,060,771		11,076,295		HARRIS ASSOCIATES L P	30 Jun 2025
AQR CAPITAL MANAGEMENT LLC	4.45%	-39.4%	$77,660,715	-$49,145,177	8,478,244	-38.8%	AQR Capital Management, LLC	30 Sep 2025

Institutional Holders of Wendy's Co - Common Stock, $.10 par value (WEN)

Period	Reported Shares, Excl. Options	Value, Excl. Options	Change	Puts Notional Value	Calls Notional Value	Price	Investors
2025 Q3	181,696,293	$1,663,728,187	-$164,967,489	$78,469,886	$18,619,300	$9.16	386
2025 Q2	196,927,044	$2,249,462,850	+$102,031,626	$70,470,686	$18,281,506	$11.42	397
2025 Q1	186,883,154	$2,732,909,900	-$13,726,914	$78,065,680	$51,207,926	$14.63	418
2024 Q4	186,549,469	$3,040,410,030	+$111,407,413	$24,303,278	$23,292,930	$16.3	419
2024 Q3	178,429,025	$3,126,461,940	+$45,476,687	$20,476,476	$23,986,893	$17.52	385
2024 Q2	175,852,898	$2,982,573,756	-$9,019,138	$25,497,664	$18,140,416	$16.96	387
2024 Q1	175,206,166	$3,301,647,089	-$8,079,135	$28,817,664	$14,286,372	$18.84	356
2023 Q4	175,588,526	$3,420,559,878	+$31,223,001	$32,272,388	$21,671,500	$19.48	382
2023 Q3	173,542,658	$3,541,883,054	+$182,356,372	$18,048,563	$16,938,259	$20.41	346
2023 Q2	164,009,064	$3,567,241,982	-$29,411,788	$15,371,142	$19,098,596	$21.75	354
2023 Q1	165,351,031	$3,601,197,399	+$260,783,485	$11,824,362	$20,536,362	$21.78	339
2022 Q4	154,143,894	$3,487,912,757	+$36,803,504	$15,754,849	$26,004,397	$22.63	333
2022 Q3	152,723,330	$2,855,110,446	+$12,532,417	$23,462,000	$51,820,000	$18.69	319
2022 Q2	151,536,996	$2,861,975,609	-$584,656	$15,051,175	$61,240,175	$18.88	319
2022 Q1	151,516,533	$3,328,075,022	-$9,904,362	$39,120,000	$17,841,000	$21.97	334
2021 Q4	151,393,846	$3,610,509,504	-$158,657,702	$106,838,000	$63,681,000	$23.85	351
2021 Q3	156,669,104	$3,396,823,534	+$126,622,832	$78,815,000	$36,421,000	$21.68	337
2021 Q2	150,658,996	$3,527,964,211	-$191,924,914	$75,981,000	$47,720,000	$23.42	321
2021 Q1	161,713,218	$3,276,668,950	-$45,090,335	$8,132,000	$9,782,000	$20.26	311
2020 Q4	160,799,236	$3,524,542,883	+$12,621,103	$29,967,000	$18,995,000	$21.92	309
2020 Q3	159,591,039	$3,558,574,867	+$64,966,176	$32,941,000	$32,083,000	$22.3	302
2020 Q2	156,901,604	$3,417,466,223	+$125,956,813	$29,147,000	$41,142,000	$21.78	322
2020 Q1	152,437,747	$2,267,559,456	-$194,631,381	$15,403,000	$14,902,000	$14.88	309
2019 Q4	163,529,274	$3,631,896,657	-$99,720,122	$7,971,000	$18,823,000	$22.21	341
2019 Q3	168,040,359	$3,357,560,092	-$208,772,075	$11,636,000	$19,937,000	$19.98	340
2019 Q2	178,492,279	$3,494,600,794	+$90,613,906	$6,354,000	$15,617,000	$19.58	317
2019 Q1	179,037,613	$3,202,814,162	+$7,828,689	$13,960,000	$16,983,000	$17.89	306
2018 Q4	180,619,946	$2,819,558,909	-$101,412,547	$5,973,000	$13,003,000	$15.61	303
2018 Q3	185,639,378	$3,181,855,468	-$6,047,587	$8,989,000	$17,241,000	$17.14	289
2018 Q2	186,472,593	$3,203,643,659	-$110,869,250	$10,968,000	$40,340,000	$17.18	296
2018 Q1	193,012,805	$3,387,331,594	+$16,055,486	$19,043,000	$54,941,000	$17.55	292
2017 Q4	192,610,613	$3,162,702,033	+$94,775,472	$10,760,000	$56,596,000	$16.42	276
2017 Q3	186,693,831	$2,899,551,131	-$16,941,428	$5,018,000	$21,675,000	$15.53	265
2017 Q2	188,609,689	$2,925,619,855	+$169,602,546	$3,572,000	$18,865,000	$15.51	273
2017 Q1	191,113,866	$2,601,484,619	+$171,130,375	$3,373,000	$2,115,000	$13.61	268
2016 Q4	193,679,707	$2,618,617,059	-$292,361,622	$21,653,000	$4,113,000	$13.52	250
2016 Q3	216,783,539	$2,340,032,101	+$76,687,191	$2,880,000	$4,442,000	$10.8	240
2016 Q2	213,372,308	$2,052,750,665	+$36,921,613	$2,144,000	$3,502,000	$9.62	247
2016 Q1	208,937,423	$2,275,087,159	-$38,750,466	$1,635,000	$1,878,000	$10.89	242
2015 Q4	212,703,941	$2,290,547,403	+$26,248,083	$2,329,000	$8,319,000	$10.77	255
2015 Q3	210,094,155	$1,817,223,836	-$797,439,423	$1,714,000	$5,378,000	$8.65	250
2015 Q2	293,384,702	$3,308,998,307	+$157,532,259	$175,858,000	$63,287,000	$11.28	274
2015 Q1	278,974,414	$3,040,363,270	+$91,859,450	$2,306,000	$12,806,000	$10.9	250
2014 Q4	271,618,168	$2,453,089,583	+$84,347,350	$5,309,000	$32,060,000	$9.03	256
2014 Q3	270,419,058	$2,234,359,785	-$116,768,932	$8,991,000	$12,354,000	$8.26	248
2014 Q2	284,234,407	$2,424,130,602	-$59,844,977	$9,271,000	$14,109,000	$8.53	266
2014 Q1	290,586,609	$2,649,475,116	-$210,189,064	$8,506,000	$8,083,000	$9.12	270