WINGSTOP INC WING
COM · Common Stock · CUSIP 974155103 · ISIN US9741551033
American fast food chain
- SectorConsumer discretionary
- IndustryRetail-Eating Places
- HeadquartersDallas, TX
- Founded1994
- Websitewingstop.com.mx
- 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 ($26.1m this quarter). Holder counts are more reliable. Shares outstanding: 27.9m as of 2025-04-29, 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 ≈ $225.66. Options: 20 managers hold calls ($121.0m notional), 25 hold puts ($235.2m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 294 |
| Q4 2022 | 325 |
| Q1 2023 | 346 |
| Q2 2023 | 361 |
| Q3 2023 | 334 |
| Q4 2023 | 382 |
| Q1 2024 | 426 |
| Q2 2024 | 460 |
| Q3 2024 | 490 |
| Q4 2024 | 452 |
| Q1 2025 | 436 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 180 | 186 |
| Q3 2023 | 156 | 207 |
| Q4 2023 | 179 | 173 |
| Q1 2024 | 216 | 203 |
| Q2 2024 | 245 | 212 |
| Q3 2024 | 259 | 220 |
| Q4 2024 | 211 | 272 |
| Q1 2025 | 231 | 232 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $421.4m | $820.4m | 1.95 |
| Q3 2024 | $284.4m | $511.9m | 1.80 |
| Q4 2024 | $214.2m | $373.4m | 1.74 |
| Q1 2025 | $121.0m | $235.2m | 1.94 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | New | +942.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +496.7k |
| LONE PINE CAPITAL LLC | New | +449.1k |
| STEADFAST CAPITAL MANAGEMENT LP | New | +425.5k |
| Champlain Investment Partners, LLC | Added | +358.0k |
| Two Creeks Capital Management, LP | New | +271.9k |
| JANUS HENDERSON GROUP PLC | Added | +235.7k |
| AQR CAPITAL MANAGEMENT LLC | Added | +215.8k |
| Capital World Investors | New | +178.2k |
| Stephens Investment Management Group LLC | Added | +178.0k |
Biggest sellers
| MARSHALL WACE, LLP | Reduced | -529.3k |
| FEDERATED HERMES, INC. | Reduced | -498.8k |
| Invesco Ltd. | Reduced | -420.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -364.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -291.0k |
| BlackRock, Inc. | Reduced | -266.8k |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Sold out | -225.4k |
| GOLDMAN SACHS GROUP INC | Reduced | -223.8k |
| Squarepoint Ops LLC | Reduced | -199.8k |
| BARCLAYS PLC | Reduced | -186.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $21.0m93.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $18.7m83.0k shares |
| IMC-Chicago, LLC | Reduced | $16.9m75.0k shares |
| Squarepoint Ops LLC | Added | $15.1m67.0k shares |
| JANE STREET GROUP, LLC | Reduced | $12.3m54.5k shares |
| WOLVERINE TRADING, LLC | Reduced | $8.9m39.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $7.6m33.9k shares |
| Cubist Systematic Strategies, LLC | Added | $3.5m15.4k shares |
| Walleye Capital LLC | Added | $2.5m11.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.4m10.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $48.5m215.1k shares |
| CITADEL ADVISORS LLC | Added | $47.6m211.1k shares |
| Squarepoint Ops LLC | Added | $19.9m88.3k shares |
| Balyasny Asset Management L.P. | New | $19.2m85.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $13.4m59.5k shares |
| D. E. Shaw & Co., Inc. | Reduced | $13.0m57.8k shares |
| IMC-Chicago, LLC | Reduced | $12.6m55.8k shares |
| SIMPLEX TRADING, LLC | Added | $10.7m47.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $10.6m47.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $7.4m33.0k 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 |
|---|---|
| FMR LLC 13G · institution +6.4 pts · filed 2026-05-07 | 14.2% |
| BlackRock, Inc. 13G · institution -2.6 pts · filed 2025-04-17 | 9.6% |
| Darsana Capital Partners LP 13G · passive investor new · filed 2026-05-12 | 5.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: PRICE T ROWE ASSOCIATES INC /MD/ (0.5%, 2026-08-14), LONE PINE CAPITAL LLC (0.0%, 2026-05-15), MASSACHUSETTS FINANCIAL SERVICES CO /MA/ (4.8%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), AMERICAN CENTURY INVESTMENT MANAGEMENT INC (4.1%, 2026-02-13)
Insider purchases and sales in Q1 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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 2 | $1.3m | — |
| Q3 2023 | 0 | — | 1 | $1.1m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 4 | $5.4m | — |
| Q2 2024 | 0 | — | 4 | $2.4m | — |
| Q3 2024 | 0 | — | 1 | $1.2m | — |
| Q4 2024 | 0 | — | 1 | $86.3k | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 3.3m $742.6m | Reduced -266.8k |
| VANGUARD GROUP INC 0.01% of their portfolio | 2.8m $625.3m | Reduced -101.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 1.6m $371.5m | Added +496.7k |
| AMERICAN CENTURY COMPANIES INC 0.17% of their portfolio | 1.3m $284.8m | Added +56.5k |
| T. Rowe Price Investment Management, Inc. 0.14% of their portfolio | 942.8k $212.7m | New |
| STATE STREET CORP 0.01% of their portfolio | 908.4k $204.9m | Added +18.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.25% of their portfolio | 745.6k $168.2m | Added +51.4k |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 723.2k $163.1m | Added +9.8k |
| Alyeska Investment Group, L.P. 0.63% of their portfolio | 693.1k $156.4m | Added +159.0k |
| Champlain Investment Partners, LLC 1.03% of their portfolio | 632.0k $142.6m | Added +358.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 626.2k $144.4m | Added +95.8k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 550.9k $123.3m | Added +215.8k |
| FEDERATED HERMES, INC. 0.25% of their portfolio | 516.8k $116.6m | Reduced -498.8k |
| Clearbridge Investments, LLC 0.10% of their portfolio | 495.8k $111.8m | Reduced -44.2k |
| LONE PINE CAPITAL LLC 0.89% of their portfolio | 449.1k $101.3m | New |
| Stephens Investment Management Group LLC 1.45% of their portfolio | 446.6k $100.7m | Added +178.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 437.7k $98.7m | Reduced -364.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.39% of their portfolio | 432.4k $97.5m | Added +73.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 430.5k $97.1m | Added +144.8k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 428.5k $96.7m | Reduced -145.5k |
| STEADFAST CAPITAL MANAGEMENT LP 2.72% of their portfolio | 425.5k $96.0m | New |
| Artisan Partners Limited Partnership 0.15% of their portfolio | 402.8k $90.9m | Added +134.1k |
| Man Group plc 0.26% of their portfolio | 391.7k $88.4m | Added +3.8k |
| TWO SIGMA ADVISERS, LP 0.16% of their portfolio | 322.6k $72.8m | Added +2.7k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 320.2k $72.2m | Reduced -61.5k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 315.4k $71.1m | Reduced -90.3k |
| Squarepoint Ops LLC 0.17% of their portfolio | 314.9k $71.0m | Reduced -199.8k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 310.2k $70.0m | Added +24.4k |
| NORGES BANK 0.01% of their portfolio | 298.5k $67.3m | Reduced -74.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 297.8k $67.2m | Added +8.3k |
| MORGAN STANLEY 0.00% of their portfolio | 292.0k $65.9m | Added +71.4k |
| Two Creeks Capital Management, LP 3.92% of their portfolio | 271.9k $61.3m | New |
| Copeland Capital Management, LLC 1.18% of their portfolio | 262.3k $59.2m | Reduced -7.3k |
| FMR LLC 0.00% of their portfolio | 260.9k $58.8m | Reduced -36.1k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 259.8k $58.6m | Reduced -172.9k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 253.6k $56.8m | Added +235.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 237.8k $53.6m | Reduced -4.8k |
| Fiera Capital Corp 0.19% of their portfolio | 235.1k $53.0m | Reduced -1.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 211.6k $47.7m | Added +7.3k |
| TWO SIGMA INVESTMENTS, LP 0.10% of their portfolio | 210.8k $47.6m | Reduced -4.1k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 185.0k $41.7m | Added +45.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 181.6k $41.0m | Added +1.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 180.8k $40.8m | Reduced -58.1k |
| Capital World Investors 0.01% of their portfolio | 178.2k $40.2m | New |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 0.94% of their portfolio | 170.3k $38.4m | Reduced -3.3k |
| UBS Group AG 0.01% of their portfolio | 165.2k $37.3m | Added +67.1k |
| Nuveen, LLC 0.01% of their portfolio | 161.3k $36.4m | First filing |
| FRED ALGER MANAGEMENT, LLC 0.20% of their portfolio | 156.1k $35.2m | Reduced -78.4k |
| BAMCO INC /NY/ 0.10% of their portfolio | 150.4k $33.9m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 144.7k $32.6m | Reduced -291.0k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 137.7k $31.1m | Added +9.7k |
| Allspring Global Investments Holdings, LLC 0.05% of their portfolio | 133.7k $31.6m | Reduced -11.3k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 128.5k $29.0m | Added +25.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 118.7k $26.8m | Reduced -223.8k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 114.1k $25.7m | Added +22.6k |
| 12 West Capital Management LP 3.80% of their portfolio | 114.0k $25.7m | New |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 109.7k $24.7m | Reduced -16.5k |
| Invesco Ltd. 0.00% of their portfolio | 100.3k $22.6m | Reduced -420.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 99.9k $22.5m | Reduced -12.1k |
| OFI INVEST ASSET MANAGEMENT 0.51% of their portfolio | 92.6k $19.3m | Added +32.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 92.4k $20.9m | Added +4.9k |
| TREMBLANT CAPITAL GROUP 2.44% of their portfolio | 88.4k $19.9m | New |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 82.9k $18.7m | Reduced -544 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 79.7k $18.0m | Reduced -1.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 79.2k $17.9m | Added +11.3k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 75.1k $16.9m | Added +44.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 74.8k $16.9m | Added +556 |
| BWCP, LP 3.35% of their portfolio | 73.2k $16.5m | New |
| Thrivent Financial for Lutherans 0.03% of their portfolio | 64.8k $14.6m | Added +21.5k |
| NICHOLAS COMPANY, INC. 0.25% of their portfolio | 62.9k $14.2m | Added +25.7k |
| BESSEMER GROUP INC 0.02% of their portfolio | 59.4k $13.4m | Reduced -9.1k |
| Swiss National Bank 0.01% of their portfolio | 56.6k $12.8m | Reduced -1.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 56.1k $12.7m | Added +24.6k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 55.2k $12.4m | Reduced -64.3k |
| Verition Fund Management LLC 0.07% of their portfolio | 54.9k $12.4m | Added +43.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 54.8k $12.4m | Added +15.2k |
| TD Asset Management Inc 0.01% of their portfolio | 50.5k $11.4m | New |
| STRS OHIO 0.05% of their portfolio | 50.0k $11.3m | Reduced -9.5k |
| Carnegie Investment Counsel 0.25% of their portfolio | 47.2k $10.4m | Added +11.5k |
| Legal & General Group Plc 0.00% of their portfolio | 47.0k $10.6m | Reduced -4.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 37.4k $8.4m | Reduced -15.5k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 37.1k $8.4m | Reduced -996 |
| Retirement Systems of Alabama 0.03% of their portfolio | 35.6k $8.0m | Added +35 |
| CAPITAL FUND MANAGEMENT S.A. 0.10% of their portfolio | 34.9k $7.9m | Reduced -1.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 34.0k $7.7m | Added +3.9k |
| Freestone Grove Partners LP 0.08% of their portfolio | 33.6k $7.6m | Reduced -58.7k |
| Corebridge Financial, Inc. 0.04% of their portfolio | 32.6k $7.4m | Reduced -803 |
| Ensign Peak Advisors, Inc 0.01% of their portfolio | 31.1k $7.0m | Reduced -5.7k |
| ALGERT GLOBAL LLC 0.17% of their portfolio | 30.4k $6.9m | Added +2.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 30.2k $6.8m | Reduced -5.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 28.1k $6.3m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 27.1k $6.1m | Reduced -312 |
| ExodusPoint Capital Management, LP 0.08% of their portfolio | 27.0k $6.1m | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 26.6k $6.0m | Reduced -3.1k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 25.2k $5.7m | Reduced -31.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 23.8k $5.4m | Reduced -198 |
| Benchstone Capital Management LP 0.54% of their portfolio | 22.7k $5.1m | Reduced -30.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 22.5k $5.1m | Reduced -31.9k |
| WHITTIER TRUST CO 0.07% of their portfolio | 21.8k $4.9m | Added +331 |
| EULAV Asset Management 0.12% of their portfolio | 21.8k $4.9m | Unchanged |