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 ($38.1m this quarter). Holder counts are more reliable. Shares outstanding: 27.9m as of 2025-07-29, 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 ≈ $336.75. Options: 19 managers hold calls ($244.9m notional), 24 hold puts ($337.8m).
Trends to Q2 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 |
| Q2 2025 | 474 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 254 | 228 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $284.4m | $511.9m | 1.80 |
| Q4 2024 | $214.2m | $373.4m | 1.74 |
| Q1 2025 | $121.0m | $235.2m | 1.94 |
| Q2 2025 | $244.9m | $337.8m | 1.38 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +668.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +506.3k |
| CITADEL ADVISORS LLC | New | +356.5k |
| WASATCH ADVISORS LP | New | +340.8k |
| Artisan Partners Limited Partnership | Added | +334.6k |
| Capital International Investors | New | +315.7k |
| AMERICAN CENTURY COMPANIES INC | Added | +294.8k |
| FMR LLC | Added | +216.1k |
| ROYAL BANK OF CANADA | Added | +207.5k |
| JANUS HENDERSON GROUP PLC | Added | +201.2k |
Biggest sellers
| Alyeska Investment Group, L.P. | Reduced | -529.5k |
| LONE PINE CAPITAL LLC | Sold out | -449.1k |
| TWO SIGMA ADVISERS, LP | Reduced | -321.0k |
| Squarepoint Ops LLC | Reduced | -311.0k |
| Man Group plc | Reduced | -302.8k |
| Qube Research & Technologies Ltd | Sold out | -259.8k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -220.9k |
| TWO SIGMA INVESTMENTS, LP | Sold out | -210.8k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -187.7k |
| STEADFAST CAPITAL MANAGEMENT LP | Reduced | -185.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $74.1m220.1k shares |
| CITADEL ADVISORS LLC | Added | $37.4m111.0k shares |
| IMC-Chicago, LLC | Added | $29.9m88.8k shares |
| Squarepoint Ops LLC | Added | $28.9m85.7k shares |
| WOLVERINE TRADING, LLC | Added | $17.3m49.9k shares |
| JANE STREET GROUP, LLC | Reduced | $15.2m45.1k shares |
| D. E. Shaw & Co., Inc. | Added | $9.7m28.8k shares |
| Qube Research & Technologies Ltd | Added | $7.3m21.8k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $5.6m16.7k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $4.5m13.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $73.2m217.5k shares |
| CITADEL ADVISORS LLC | Reduced | $63.6m188.8k shares |
| D. E. Shaw & Co., Inc. | Added | $34.0m101.0k shares |
| IMC-Chicago, LLC | Added | $27.2m80.8k shares |
| Squarepoint Ops LLC | Reduced | $25.4m75.4k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $14.7m43.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $14.4m41.5k shares |
| Twin Tree Management, LP | New | $14.1m42.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $12.9m38.3k shares |
| MARSHALL WACE, LLP | New | $9.7m28.9k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 3 | $3.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-02 | Caine Lynn Crump Director | Sold | $172.5k499 shares |
| 2025-05-27 | Skipworth Michael President and CEO, director | Sold | $3.4m10.0k shares |
| 2025-05-05 | Kapoor Raj SVP, Pres. of International | Sold | $173.9k637 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, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 3.2m $1.1bn | Reduced -119.3k |
| VANGUARD GROUP INC 0.01% of their portfolio | 2.7m $904.7m | Reduced -85.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio | 2.2m $725.1m | Added +506.3k |
| AMERICAN CENTURY COMPANIES INC 0.28% of their portfolio | 1.6m $524.4m | Added +294.8k |
| T. Rowe Price Investment Management, Inc. 0.21% of their portfolio | 992.3k $334.1m | Added +49.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 848.9k $285.9m | Added +668.1k |
| STATE STREET CORP 0.01% of their portfolio | 841.2k $283.3m | Reduced -67.2k |
| Champlain Investment Partners, LLC 1.74% of their portfolio | 741.1k $249.6m | Added +109.1k |
| Artisan Partners Limited Partnership 0.37% of their portfolio | 737.4k $248.3m | Added +334.6k |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 688.2k $231.7m | Reduced -35.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 632.7k $213.1m | Added +195.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 616.1k $212.0m | Reduced -10.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.25% of their portfolio | 557.9k $187.9m | Reduced -187.7k |
| ALLIANCEBERNSTEIN L.P. 0.06% of their portfolio | 522.4k $175.9m | Added +93.9k |
| FMR LLC 0.01% of their portfolio | 476.9k $160.6m | Added +216.1k |
| Clearbridge Investments, LLC 0.13% of their portfolio | 473.9k $159.6m | Reduced -21.9k |
| FEDERATED HERMES, INC. 0.30% of their portfolio | 469.8k $158.2m | Reduced -47.0k |
| JANUS HENDERSON GROUP PLC 0.08% of their portfolio | 454.8k $153.1m | Added +201.2k |
| AQR CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 432.0k $145.5m | Reduced -118.9k |
| Stephens Investment Management Group LLC 1.79% of their portfolio | 402.7k $135.6m | Reduced -43.9k |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 371.3k $125.0m | Added +55.9k |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 356.5k $120.0m | New |
| NORGES BANK 0.01% of their portfolio | 351.0k $118.2m | Added +52.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.46% of their portfolio | 345.4k $116.3m | Reduced -87.0k |
| WASATCH ADVISORS LP 0.60% of their portfolio | 340.8k $114.8m | New |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 321.6k $108.3m | Added +207.5k |
| Capital International Investors 0.02% of their portfolio | 315.7k $106.3m | New |
| FRED ALGER MANAGEMENT, LLC 0.47% of their portfolio | 314.2k $105.8m | Added +158.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 301.2k $101.4m | Added +3.3k |
| Capital World Investors 0.01% of their portfolio | 284.3k $95.7m | Added +106.1k |
| Allspring Global Investments Holdings, LLC 0.16% of their portfolio | 279.9k $93.9m | Added +146.3k |
| MORGAN STANLEY 0.01% of their portfolio | 276.3k $93.0m | Reduced -15.7k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 272.7k $91.8m | Reduced -37.5k |
| Copeland Capital Management, LLC 1.68% of their portfolio | 242.7k $81.7m | Reduced -19.6k |
| STEADFAST CAPITAL MANAGEMENT LP 1.50% of their portfolio | 239.9k $80.8m | Reduced -185.6k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 233.5k $78.6m | Added +48.6k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 227.9k $76.7m | Reduced -92.3k |
| Nuveen, LLC 0.02% of their portfolio | 221.5k $74.6m | Added +60.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 221.2k $74.5m | Reduced -16.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 211.0k $71.1m | Added +92.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.07% of their portfolio | 209.5k $70.5m | Reduced -220.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 209.4k $70.5m | Reduced -2.2k |
| SEI INVESTMENTS CO 0.07% of their portfolio | 187.1k $63.0m | Added +58.6k |
| Two Creeks Capital Management, LP 4.18% of their portfolio | 186.8k $62.9m | Reduced -85.1k |
| Fiera Capital Corp 0.20% of their portfolio | 176.1k $59.3m | Reduced -59.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 169.6k $57.1m | Added +25.0k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 1.09% of their portfolio | 165.2k $55.6m | Reduced -5.1k |
| Alyeska Investment Group, L.P. 0.20% of their portfolio | 163.6k $55.1m | Reduced -529.5k |
| BAMCO INC /NY/ 0.14% of their portfolio | 157.0k $52.9m | Added +6.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 152.0k $51.2m | Reduced -29.6k |
| UBS Group AG 0.01% of their portfolio | 149.1k $50.2m | Reduced -16.2k |
| Holocene Advisors, LP 0.12% of their portfolio | 139.2k $46.9m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 133.4k $44.9m | Added +54.2k |
| TREMBLANT CAPITAL GROUP 4.22% of their portfolio | 129.7k $43.7m | Added +41.3k |
| Invesco Ltd. 0.01% of their portfolio | 123.6k $41.6m | Added +23.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 122.1k $41.1m | Added +98.3k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 121.9k $41.1m | Reduced -15.7k |
| 12 West Capital Management LP 4.06% of their portfolio | 114.0k $38.4m | Unchanged |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.35% of their portfolio | 111.3k $37.5m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 110.5k $37.2m | Added +18.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.05% of their portfolio | 105.0k $35.4m | Added +25.3k |
| LORD, ABBETT & CO. LLC 0.10% of their portfolio | 90.9k $30.6m | New |
| Man Group plc 0.06% of their portfolio | 88.9k $29.9m | Reduced -302.8k |
| OFI INVEST ASSET MANAGEMENT 0.58% of their portfolio | 81.0k $23.2m | Reduced -11.7k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 79.2k $26.7m | Reduced -3.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 77.1k $26.0m | Added +63.8k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 74.7k $25.2m | Reduced -337 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 72.6k $24.4m | Reduced -27.3k |
| STRS OHIO 0.09% of their portfolio | 71.7k $24.1m | Added +21.7k |
| NICHOLAS COMPANY, INC. 0.40% of their portfolio | 70.6k $23.8m | Added +7.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 70.1k $23.6m | Reduced -4.6k |
| Granite Investment Partners, LLC 1.15% of their portfolio | 69.7k $23.5m | Added +56.5k |
| Benchstone Capital Management LP 2.02% of their portfolio | 67.8k $22.8m | Added +45.1k |
| BESSEMER GROUP INC 0.03% of their portfolio | 63.4k $21.3m | Added +4.0k |
| Ranger Investment Management, L.P. 1.45% of their portfolio | 61.8k $20.8m | Added +40.3k |
| Thrivent Financial for Lutherans 0.04% of their portfolio | 56.3k $19.0m | Reduced -8.5k |
| Swiss National Bank 0.01% of their portfolio | 53.3k $17.9m | Reduced -3.3k |
| Carnegie Investment Counsel 0.35% of their portfolio | 51.4k $17.3m | Added +4.2k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 49.4k $16.6m | Added +12.3k |
| TD Asset Management Inc 0.01% of their portfolio | 49.2k $16.6m | Reduced -1.4k |
| SAMLYN CAPITAL, LLC 0.24% of their portfolio | 49.1k $16.5m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 48.8k $16.4m | Reduced -7.3k |
| TWINBEECH CAPITAL LP 0.37% of their portfolio | 48.6k $16.3m | New |
| WCM INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 45.9k $15.9m | New |
| Legal & General Group Plc 0.00% of their portfolio | 45.8k $15.4m | Reduced -1.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 43.5k $14.6m | Reduced -11.3k |
| CIBC Private Wealth Group LLC 0.03% of their portfolio | 43.0k $14.5m | Added +43.0k |
| Stony Point Capital LLC 1.13% of their portfolio | 42.5k $14.3m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 37.9k $12.7m | Added +3.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 37.4k $12.6m | Added +13 |
| BARCLAYS PLC 0.00% of their portfolio | 34.7k $11.7m | Added +19.9k |
| Retirement Systems of Alabama 0.04% of their portfolio | 34.1k $11.5m | Reduced -1.5k |
| PEAK6 LLC 0.19% of their portfolio | 32.0k $10.8m | New |
| Twin Tree Management, LP 0.26% of their portfolio | 31.2k $10.5m | New |
| Shellback Capital, LP 0.67% of their portfolio | 30.0k $10.1m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 29.9k $10.1m | Reduced -324 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 29.2k $9.8m | Added +1.1k |
| Savoir Faire Capital Management, L.P. 4.44% of their portfolio | 27.3k $9.2m | Added +8.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 27.0k $9.1m | Reduced -102 |
| Verition Fund Management LLC 0.05% of their portfolio | 25.6k $8.6m | Reduced -29.4k |