WERNER ENTERPRISES INC WERN
COM · Common Stock · CUSIP 950755108
American freight carrier and transportation and logistics company
- SectorIndustrials
- IndustryTrucking (No Local)
- HeadquartersOmaha, NE
- Founded1956
- Websitewerner.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.9m this quarter). Holder counts are more reliable. Shares outstanding: 59.8m as of 2025-10-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $26.31. Options: 2 managers hold calls ($239.2k notional), 2 hold puts ($294.5k).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 268 |
| Q4 2022 | 276 |
| Q1 2023 | 274 |
| Q2 2023 | 266 |
| Q3 2023 | 255 |
| Q4 2023 | 248 |
| Q1 2024 | 252 |
| Q2 2024 | 242 |
| Q3 2024 | 257 |
| Q4 2024 | 258 |
| Q1 2025 | 257 |
| Q2 2025 | 240 |
| Q3 2025 | 226 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 127 | 122 |
| Q1 2024 | 131 | 114 |
| Q2 2024 | 131 | 130 |
| Q3 2024 | 128 | 117 |
| Q4 2024 | 131 | 109 |
| Q1 2025 | 127 | 130 |
| Q2 2025 | 128 | 133 |
| Q3 2025 | 101 | 134 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $276.6k | $219.1k | 0.79 |
| Q1 2025 | $44.0k | $1.1m | 25.40 |
| Q2 2025 | $0 | $1.2m | — |
| Q3 2025 | $239.2k | $294.5k | 1.23 |
Biggest buyers
| FMR LLC | Added | +1.2m |
| TWO SIGMA INVESTMENTS, LP | Added | +234.4k |
| Allianz Asset Management GmbH | Added | +197.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +170.0k |
| FIRST TRUST ADVISORS LP | Added | +165.2k |
| WINTON GROUP Ltd | New | +154.3k |
| Vestcor Inc | Added | +152.3k |
| AMERICAN CENTURY COMPANIES INC | Added | +123.5k |
| JPMORGAN CHASE & CO | Added | +122.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +85.8k |
Biggest sellers
| NUANCE INVESTMENTS, LLC | Reduced | -632.0k |
| MACQUARIE GROUP LTD | Reduced | -551.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Sold out | -526.0k |
| BARCLAYS PLC | Reduced | -412.9k |
| BlackRock, Inc. | Reduced | -402.7k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -390.6k |
| VANGUARD GROUP INC | Reduced | -380.5k |
| Balyasny Asset Management L.P. | Reduced | -281.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -118.6k |
| Squarepoint Ops LLC | Reduced | -116.9k |
Biggest calls
| Walleye Capital LLC | New | $234.2k8.9k shares |
| SIMPLEX TRADING, LLC | New | $5.0k200 shares |
Biggest puts
| CITADEL ADVISORS LLC | New | $289.5k11.0k shares |
| SIMPLEX TRADING, LLC | New | $5.0k200 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-17 | 14.4% |
| FMR LLC 13G · institution -1.7 pts · filed 2026-08-06 | 6.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.9% |
| AMERICAN CENTURY INVESTMENT MANAGEMENT INC 13G · institution new · filed 2026-08-14 | 5.1% |
| DEPRINCE RACE & ZOLLO INC 13G · institution new · filed 2026-04-28 | 5.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), VICTORY CAPITAL MANAGEMENT INC (4.7%, 2026-02-11), FIRST TRUST PORTFOLIOS LP (0.3%, 2026-01-30)
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $3.8k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 6 | $12.7k | 0 | — | — |
| Q2 2025 | 6 | $11.1k | 0 | — | — |
| Q3 2025 | 6 | $10.4k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-07-24 | SCHELBLE JIM S Exec VP & Chief Admin Officer | Bought | $1.9k66 shares |
| 2025-07-24 | MEISGEIER NATHAN J President and CLO | Bought | $1.4k49 shares |
| 2025-07-24 | DOWNING ERIC J Exec VP and COO | Bought | $88731 shares |
| 2025-07-24 | CALLAHAN CRAIG T Exec VP-Chief Commercial Offcr | Bought | $71425 shares |
| 2025-07-24 | Mahon Daragh P Executive Vice President & CIO | Bought | $36413 shares |
| 2025-07-24 | JOHNSON JAMES LYNN Exec VP - Chief Acctg Officer | Bought | $532 shares |
| 2025-07-07 | CALLAHAN CRAIG T Exec VP-Chief Commercial Offcr | Bought | $5.1k176 shares |
| 2025-07-07 | Mahon Daragh P Executive Vice President & CIO | Bought | $5.1k176 shares |
| 2025-07-07 | MEISGEIER NATHAN J President and CLO | Bought | $5.1k176 shares |
| 2025-07-07 | JOHNSON JAMES LYNN Exec VP - Chief Acctg Officer | Bought | $5.1k176 shares |
| 2025-07-07 | DOWNING ERIC J Exec VP and COO | Bought | $5.1k176 shares |
| 2025-07-07 | SCHELBLE JIM S Exec VP & Chief Admin Officer | Bought | $5.1k176 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 8.6m $226.6m | Reduced -402.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 6.4m $169.1m | Reduced -380.5k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 3.8m $99.8m | Added +24.2k |
| FMR LLC 0.00% of their portfolio | 3.4m $89.6m | Added +1.2m |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 3.1m $80.5m | Added +165.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 3.1m $80.4m | Reduced -390.6k |
| DEPRINCE RACE & ZOLLO INC 1.39% of their portfolio | 2.6m $69.2m | Reduced -23.0k |
| STATE STREET CORP 0.00% of their portfolio | 2.5m $65.0m | Reduced -79.3k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 2.4m $63.3m | Added +123.5k |
| MACQUARIE GROUP LTD 0.07% of their portfolio | 2.2m $58.0m | Reduced -551.1k |
| NUANCE INVESTMENTS, LLC 5.25% of their portfolio | 2.0m $51.5m | Reduced -632.0k |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 1.9m $49.1m | Reduced -74.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.5m $38.4m | Reduced -28.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $31.4m | Added +170.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 736.8k $19.4m | Added +14.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 663.1k $17.5m | Reduced -82.0k |
| MORGAN STANLEY 0.00% of their portfolio | 636.6k $16.8m | Added +7.9k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 632.4k $16.6m | Reduced -72.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 605.5k $15.9m | Reduced -19.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 577.3k $15.2m | Reduced -40.5k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 573.9k $15.1m | Added +197.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.04% of their portfolio | 390.0k $10.3m | Reduced -84.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 356.0k $9.4m | Reduced -63.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 355.9k $9.4m | Added +5.7k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 339.6k $8.9m | Added +234.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 288.8k $7.6m | Reduced -17.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 287.6k $7.6m | Reduced -1.6k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 278.4k $7.3m | Added +52.3k |
| Invesco Ltd. 0.00% of their portfolio | 261.2k $6.9m | Reduced -61.1k |
| NFJ INVESTMENT GROUP, LLC 0.23% of their portfolio | 252.3k $6.6m | Reduced -2.6k |
| PINNACLE ASSOCIATES LTD 0.09% of their portfolio | 248.4k $6.5m | Reduced -8.9k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 233.4k $6.1m | Added +22.7k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.04% of their portfolio | 207.6k $5.5m | Reduced -5.9k |
| UBS Group AG 0.00% of their portfolio | 206.1k $5.4m | Added +43.5k |
| Empowered Funds, LLC 0.05% of their portfolio | 204.8k $5.4m | Reduced -65.8k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 203.9k $5.4m | Added +26.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 199.1k $5.2m | Added +122.3k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 195.1k $5.1m | Added +56.2k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 192.9k $5.1m | Reduced -281.2k |
| Vestcor Inc 0.15% of their portfolio | 191.9k $5.0m | Added +152.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 185.3k $4.9m | Added +31.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 180.9k $4.8m | Reduced -2.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 179.9k $4.7m | Reduced -19.2k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 174.8k $4.6m | Added +27.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 169.5k $4.5m | Reduced -286 |
| Legal & General Group Plc 0.00% of their portfolio | 166.4k $4.4m | Reduced -9.8k |
| WINTON GROUP Ltd 0.15% of their portfolio | 154.3k $4.1m | New |
| Clearline Capital LP 0.33% of their portfolio | 146.4k $3.9m | Unchanged |
| CONGRESS ASSET MANAGEMENT CO 0.02% of their portfolio | 138.7k $3.7m | Reduced -3.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 136.2k $3.6m | Added +73.6k |
| Nuveen, LLC 0.00% of their portfolio | 123.9k $3.3m | Reduced -6.2k |
| Swiss National Bank 0.00% of their portfolio | 119.7k $3.2m | Added +1.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 116.2k $3.1m | Added +85.8k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 115.3k $3.0m | Added +54 |
| Engineers Gate Manager LP 0.03% of their portfolio | 111.6k $2.9m | Added +70.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 111.2k $2.9m | Reduced -118.6k |
| Holocene Advisors, LP 0.01% of their portfolio | 102.3k $2.7m | Reduced -8.0k |
| ROWLANDMILLER & PARTNERS.ADV 0.48% of their portfolio | 91.9k $2.4m | Reduced -12.1k |
| Creative Planning 0.00% of their portfolio | 91.0k $2.4m | Added +14.6k |
| BARCLAYS PLC 0.00% of their portfolio | 88.5k $2.3m | Reduced -412.9k |
| Mariner, LLC 0.00% of their portfolio | 83.6k $2.2m | Reduced -1.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 80.2k $2.1m | Added +46.9k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 77.7k $2.0m | Added +3.8k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 75.7k $2.0m | Added +3.7k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 69.2k $1.8m | New |
| Verition Fund Management LLC 0.01% of their portfolio | 67.7k $1.8m | Added +6.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 64.0k $1.7m | Added +126 |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.01% of their portfolio | 63.9k $1.7m | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 62.4k $1.6m | Reduced -116.9k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 61.4k $1.6m | Reduced -2.8k |
| DEAN INVESTMENT ASSOCIATES, LLC 0.23% of their portfolio | 61.1k $1.6m | Reduced -70.7k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 60.8k $1.6m | Reduced -3.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 59.3k $1.6m | Reduced -387 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 58.9k $1.6m | Added +169 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 57.0k $1.5m | Added +2 |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 56.8k $1.5m | Added +9.0k |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 54.6k $1.4m | Reduced -2.7k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 53.0k $1.4m | Reduced -22.7k |
| SG Americas Securities, LLC 0.00% of their portfolio | 51.0k $1.3m | Added +34.6k |
| Dean Capital Management 0.52% of their portfolio | 50.4k $1.3m | Reduced -55.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 49.4k $1.3m | Added +6.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 47.4k $1.2m | Added +5.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 46.0k $1.2m | Added +16.1k |
| CWM, LLC 0.00% of their portfolio | 45.3k $1.2m | Added +2.8k |
| GSA CAPITAL PARTNERS LLP 0.09% of their portfolio | 38.9k $1.0m | New |
| Freestone Grove Partners LP 0.01% of their portfolio | 37.1k $977.5k | Reduced -38.8k |
| Trexquant Investment LP 0.01% of their portfolio | 36.6k $963.4k | New |
| Handelsbanken Fonder AB 0.00% of their portfolio | 33.9k $893.0k | Added +13.9k |
| Illinois Municipal Retirement Fund 0.01% of their portfolio | 33.6k $883.3k | Added +2.2k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 33.5k $883.0k | Reduced -3.2k |
| Legato Capital Management LLC 0.09% of their portfolio | 31.5k $829.7k | Reduced -34.9k |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 30.1k $792.0k | Reduced -6.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 28.6k $752.3k | Reduced -2.5k |
| SummerHaven Investment Management, LLC 0.44% of their portfolio | 28.4k $748.4k | Added +5.4k |
| CITIGROUP INC 0.00% of their portfolio | 28.1k $740.3k | Reduced -32.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 27.5k $724.5k | Reduced -645 |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 27.5k $723.8k | Reduced -1.4k |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 27.3k $718.3k | Added +3.6k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 26.9k $709.2k | Reduced -6.0k |
| Aquatic Capital Management LLC 0.01% of their portfolio | 26.8k $704.5k | First filing |