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 ($24.3m this quarter). Holder counts are more reliable. Shares outstanding: 27.8m as of 2025-11-03, 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 ≈ $251.86. Options: 21 managers hold calls ($299.3m notional), 22 hold puts ($324.0m).
Trends to Q3 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 |
| Q3 2025 | 420 |
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 | 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 |
| Q3 2025 | 179 | 266 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $214.2m | $373.4m | 1.74 |
| Q1 2025 | $121.0m | $235.2m | 1.94 |
| Q2 2025 | $244.9m | $337.8m | 1.38 |
| Q3 2025 | $299.3m | $324.0m | 1.08 |
Biggest buyers
| LONE PINE CAPITAL LLC | New | +1.5m |
| JPMORGAN CHASE & CO | Added | +933.8k |
| Darsana Capital Partners LP | New | +750.0k |
| STEADFAST CAPITAL MANAGEMENT LP | Added | +710.6k |
| D1 Capital Partners L.P. | New | +472.1k |
| Capital World Investors | Added | +456.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +316.3k |
| AMERIPRISE FINANCIAL INC | Added | +271.2k |
| SAMLYN CAPITAL, LLC | Added | +268.2k |
| Thrivent Financial for Lutherans | Added | +194.6k |
Biggest sellers
| BlackRock, Inc. | Reduced | -424.1k |
| CITADEL ADVISORS LLC | Reduced | -341.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Reduced | -301.5k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -252.2k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -189.5k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -177.7k |
| Alyeska Investment Group, L.P. | Sold out | -163.6k |
| ROYAL BANK OF CANADA | Reduced | -161.3k |
| Holocene Advisors, LP | Sold out | -139.2k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -128.5k |
Biggest calls
| SAMLYN CAPITAL, LLC | New | $82.2m326.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $49.9m198.3k shares |
| CITADEL ADVISORS LLC | Added | $36.1m143.6k shares |
| IMC-Chicago, LLC | Added | $32.7m129.8k shares |
| Squarepoint Ops LLC | Added | $25.6m101.6k shares |
| D. E. Shaw & Co., Inc. | Added | $18.4m73.1k shares |
| WOLVERINE TRADING, LLC | Added | $15.3m60.7k shares |
| JANE STREET GROUP, LLC | Reduced | $7.8m31.1k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $7.4m29.4k shares |
| Qube Research & Technologies Ltd | Reduced | $3.6m14.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $106.8m424.4k shares |
| CITADEL ADVISORS LLC | Added | $54.2m215.4k shares |
| D. E. Shaw & Co., Inc. | Added | $29.4m116.9k shares |
| IMC-Chicago, LLC | Added | $25.1m99.6k shares |
| NOMURA HOLDINGS INC | New | $17.6m70.0k shares |
| Squarepoint Ops LLC | Reduced | $12.8m50.7k shares |
| OAKTREE CAPITAL MANAGEMENT LP | New | $12.6m50.0k shares |
| WOLVERINE TRADING, LLC | Added | $11.5m45.8k shares |
| Twin Tree Management, LP | Reduced | $10.1m40.2k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $10.1m40.0k 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 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 | 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 | — |
| Q3 2025 | 0 | — | 3 | $8.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-08-01 | Carona Marisa SVP & Chief US Fran & Dev Ops | Sold | $4.4m11.9k shares |
| 2025-08-01 | Kaleida Alex SVP, Chief Financial Officer | Sold | $2.0m5.4k shares |
| 2025-08-01 | Skipworth Michael President and CEO, director | Sold | $1.7m4.5k 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. 0.01% of their portfolio | 2.7m $691.8m | Reduced -424.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 2.6m $659.5m | Reduced -66.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 2.1m $516.6m | Reduced -100.6k |
| LONE PINE CAPITAL LLC 2.73% of their portfolio | 1.5m $375.3m | New |
| AMERICAN CENTURY COMPANIES INC 0.18% of their portfolio | 1.4m $359.6m | Reduced -128.5k |
| T. Rowe Price Investment Management, Inc. 0.17% of their portfolio | 1.1m $277.7m | Added +111.1k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.0m $253.3m | Added +933.8k |
| STEADFAST CAPITAL MANAGEMENT LP 4.32% of their portfolio | 950.5k $239.2m | Added +710.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 949.0k $238.9m | Added +316.3k |
| Artisan Partners Limited Partnership 0.32% of their portfolio | 890.5k $224.1m | Added +153.1k |
| STATE STREET CORP 0.01% of their portfolio | 836.1k $210.4m | Reduced -5.1k |
| Champlain Investment Partners, LLC 1.46% of their portfolio | 767.2k $193.1m | Added +26.1k |
| Darsana Capital Partners LP 4.45% of their portfolio | 750.0k $188.8m | New |
| Capital World Investors 0.03% of their portfolio | 740.9k $186.5m | Added +456.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 671.2k $168.9m | Reduced -177.7k |
| JANUS HENDERSON GROUP PLC 0.07% of their portfolio | 643.7k $162.0m | Added +188.9k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 576.0k $145.0m | Reduced -112.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 555.4k $139.8m | Reduced -60.6k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 499.1k $125.6m | Added +271.2k |
| FMR LLC 0.01% of their portfolio | 488.3k $122.9m | Added +11.3k |
| Clearbridge Investments, LLC 0.09% of their portfolio | 472.8k $119.0m | Reduced -1.1k |
| D1 Capital Partners L.P. 1.36% of their portfolio | 472.1k $118.8m | New |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 464.1k $116.8m | Reduced -58.3k |
| FEDERATED HERMES, INC. 0.20% of their portfolio | 440.8k $110.9m | Reduced -29.0k |
| Stephens Investment Management Group LLC 1.36% of their portfolio | 415.5k $104.6m | Added +12.8k |
| WASATCH ADVISORS LP 0.51% of their portfolio | 374.7k $94.3m | Added +33.9k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 354.3k $89.2m | Reduced -17.0k |
| SAMLYN CAPITAL, LLC 1.13% of their portfolio | 317.3k $79.9m | Added +268.2k |
| Capital International Investors 0.01% of their portfolio | 315.7k $79.5m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.10% of their portfolio | 305.7k $77.0m | Reduced -252.2k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 302.3k $76.1m | Added +29.6k |
| Copeland Capital Management, LLC 1.51% of their portfolio | 287.5k $72.4m | Added +44.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 275.2k $69.3m | Reduced -25.9k |
| MORGAN STANLEY 0.00% of their portfolio | 268.4k $67.6m | Reduced -7.9k |
| Invesco Ltd. 0.01% of their portfolio | 258.3k $65.0m | Added +134.7k |
| Thrivent Financial for Lutherans 0.12% of their portfolio | 250.9k $63.1m | Added +194.6k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 242.5k $61.0m | Reduced -189.5k |
| Nuveen, LLC 0.02% of their portfolio | 237.1k $59.7m | Added +15.5k |
| FRED ALGER MANAGEMENT, LLC 0.21% of their portfolio | 219.3k $55.2m | Reduced -94.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 218.4k $55.0m | Added +9.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 208.6k $52.5m | Reduced -12.6k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 203.5k $51.2m | Reduced -30.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 197.2k $49.6m | Reduced -12.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 178.3k $44.9m | Added +8.7k |
| SEI INVESTMENTS CO 0.05% of their portfolio | 176.1k $44.3m | Reduced -11.0k |
| Fiera Capital Corp 0.14% of their portfolio | 172.0k $43.3m | Reduced -4.1k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 162.4k $42.6m | Reduced -117.5k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 160.3k $40.3m | Reduced -161.3k |
| BAMCO INC /NY/ 0.11% of their portfolio | 159.8k $40.2m | Added +2.7k |
| Two Creeks Capital Management, LP 2.87% of their portfolio | 158.5k $39.9m | Reduced -28.3k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 0.74% of their portfolio | 151.5k $38.1m | Reduced -13.7k |
| FIL Ltd 0.03% of their portfolio | 151.2k $38.1m | Added +146.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 144.0k $36.2m | Reduced -8.0k |
| TREMBLANT CAPITAL GROUP 3.16% of their portfolio | 121.7k $30.6m | Reduced -8.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.27% of their portfolio | 120.1k $30.2m | Added +8.7k |
| UBS Group AG 0.01% of their portfolio | 118.7k $29.9m | Reduced -30.4k |
| 12 West Capital Management LP 2.98% of their portfolio | 114.0k $28.7m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 109.5k $27.6m | Reduced -101.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 109.0k $27.4m | Added +4.0k |
| WCM INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 102.7k $25.9m | Added +56.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 102.6k $25.8m | Reduced -19.6k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 94.9k $23.9m | Added +20.1k |
| LORD, ABBETT & CO. LLC 0.07% of their portfolio | 92.0k $23.2m | Added +1.1k |
| Baird Financial Group, Inc. 0.03% of their portfolio | 83.5k $21.0m | Added +82.6k |
| Ranger Investment Management, L.P. 1.45% of their portfolio | 82.8k $20.8m | Added +20.9k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 77.5k $19.5m | Reduced -1.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 77.3k $19.5m | Added +7.2k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 75.3k $23.2m | Added +25.9k |
| NICHOLAS COMPANY, INC. 0.31% of their portfolio | 73.5k $18.5m | Added +2.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 72.9k $18.3m | Reduced -37.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 72.0k $18.1m | Added +28.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 71.6k $18.0m | Reduced -5.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 71.1k $17.9m | Added +22.3k |
| Candlestick Capital Management LP 0.67% of their portfolio | 68.3k $17.2m | New |
| BESSEMER GROUP INC 0.03% of their portfolio | 65.9k $16.6m | Added +2.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 61.8k $15.6m | Reduced -71.6k |
| TD Asset Management Inc 0.01% of their portfolio | 57.6k $14.5m | Added +8.4k |
| Swiss National Bank 0.01% of their portfolio | 54.1k $13.6m | Added +800 |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 52.2k $13.1m | Reduced -69.7k |
| STRS OHIO 0.04% of their portfolio | 46.0k $11.6m | Reduced -25.7k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 45.9k $11.5m | Added +28.1k |
| Y-Intercept (Hong Kong) Ltd 0.27% of their portfolio | 44.8k $11.3m | Added +39.7k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.04% of their portfolio | 43.9k $11.0m | Reduced -301.5k |
| Legal & General Group Plc 0.00% of their portfolio | 43.6k $11.0m | Reduced -2.2k |
| CIBC Private Wealth Group LLC 0.02% of their portfolio | 42.3k $10.6m | Reduced -744 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 39.8k $10.0m | Added +2.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 39.1k $9.8m | Added +1.7k |
| Carnegie Investment Counsel 0.18% of their portfolio | 38.7k $9.8m | Reduced -12.7k |
| Retirement Systems of Alabama 0.03% of their portfolio | 33.8k $8.5m | Reduced -340 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 30.8k $7.7m | Added +914 |
| Savoir Faire Capital Management, L.P. 2.71% of their portfolio | 30.0k $7.6m | Added +2.7k |
| ALGERT GLOBAL LLC 0.12% of their portfolio | 28.3k $7.1m | Added +5.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 27.3k $6.9m | Reduced -2.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 27.0k $6.8m | Added +2 |
| BARCLAYS PLC 0.00% of their portfolio | 26.8k $6.8m | Reduced -7.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 25.8k $6.5m | Added +21.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.02% of their portfolio | 22.9k $5.8m | Added +27 |
| WHITTIER TRUST CO 0.06% of their portfolio | 22.6k $5.7m | Added +343 |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 22.3k $5.6m | Added +7.1k |
| Silvant Capital Management LLC 0.10% of their portfolio | 21.8k $5.5m | Added +9.9k |