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 ($16.8m this quarter). Holder counts are more reliable. Shares outstanding: 27.2m as of 2026-04-28, 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 ≈ $155.04. Options: 19 managers hold calls ($130.7m notional), 23 hold puts ($161.1m).
Trends to Q1 2026
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 |
| Q4 2025 | 449 |
| Q1 2026 | 402 |
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 2024 | 245 | 212 |
| Q3 2024 | 259 | 220 |
| Q4 2024 | 211 | 272 |
| Q1 2025 | 231 | 232 |
| Q2 2025 | 254 | 228 |
| Q3 2025 | 179 | 266 |
| Q4 2025 | 216 | 219 |
| Q1 2026 | 194 | 269 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $244.9m | $337.8m | 1.38 |
| Q3 2025 | $299.3m | $324.0m | 1.08 |
| Q4 2025 | $189.8m | $221.8m | 1.17 |
| Q1 2026 | $130.7m | $161.1m | 1.23 |
Biggest buyers
| FMR LLC | Added | +768.8k |
| Alyeska Investment Group, L.P. | New | +652.4k |
| Point72 Asset Management, L.P. | Added | +595.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +285.6k |
| CITIGROUP INC | Added | +284.8k |
| Darsana Capital Partners LP | Added | +250.0k |
| WASATCH ADVISORS LP | Added | +212.7k |
| JANUS HENDERSON GROUP PLC | Added | +123.3k |
| JANE STREET GROUP, LLC | New | +121.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +117.5k |
Biggest sellers
| LONE PINE CAPITAL LLC | Sold out | -1.6m |
| STEADFAST CAPITAL MANAGEMENT LP | Sold out | -951.1k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -541.8k |
| T. Rowe Price Investment Management, Inc. | Reduced | -474.9k |
| Artisan Partners Limited Partnership | Reduced | -357.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -302.0k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -291.3k |
| CITADEL ADVISORS LLC | Sold out | -281.9k |
| FRANKLIN RESOURCES INC | Reduced | -247.1k |
| Fiera Capital Corp | Sold out | -228.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $36.9m238.3k shares |
| Squarepoint Ops LLC | Added | $19.3m124.7k shares |
| IMC-Chicago, LLC | Added | $18.8m121.6k shares |
| CITADEL ADVISORS LLC | Reduced | $16.8m108.5k shares |
| D. E. Shaw & Co., Inc. | Added | $12.6m81.3k shares |
| JANE STREET GROUP, LLC | Added | $7.4m47.8k shares |
| Walleye Trading LLC | Added | $3.6m23.2k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $3.5m22.5k shares |
| Twin Tree Management, LP | New | $1.9m12.5k shares |
| Qube Research & Technologies Ltd | Added | $1.9m12.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $63.6m410.4k shares |
| JANE STREET GROUP, LLC | Added | $28.0m180.4k shares |
| CITADEL ADVISORS LLC | Reduced | $16.9m108.8k shares |
| IMC-Chicago, LLC | Reduced | $13.1m84.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $10.7m69.1k shares |
| D. E. Shaw & Co., Inc. | Reduced | $5.3m33.9k shares |
| Jain Global LLC | New | $3.9m25.0k shares |
| Squarepoint Ops LLC | Added | $3.7m23.8k shares |
| Walleye Trading LLC | Added | $3.4m21.7k shares |
| GROUP ONE TRADING LLC | Added | $2.7m17.2k 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 2026
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 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 | — |
| Q4 2025 | 0 | — | 1 | $69.9k | — |
| Q1 2026 | 0 | — | 3 | $884.5k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-10 | Fallon Christopher SVP, Chief Information Officer | Sold | $39.1k177 shares |
| 2026-02-25 | Madati Kilandigalu Director | Sold | $704.0k2.7k shares |
| 2026-02-23 | MCDONALD WESLEY S Director | Sold | $141.5k566 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 3.1m $484.5m | Reduced -11.6k |
| FMR LLC 0.02% of their portfolio | 2.1m $332.6m | Added +768.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 1.8m $280.4m | Reduced -302.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 1.3m $200.8m | Reduced -110.3k |
| T. Rowe Price Investment Management, Inc. 0.14% of their portfolio | 1.3m $198.8m | Reduced -474.9k |
| Darsana Capital Partners LP 4.12% of their portfolio | 1.2m $193.7m | Added +250.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.2m $191.5m | First filing |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 1.2m $179.0m | First filing |
| AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio | 1.1m $172.0m | Reduced -16.6k |
| STATE STREET CORP 0.00% of their portfolio | 847.0k $131.3m | Added +16.1k |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 798.6k $123.8m | Added +123.3k |
| Point72 Asset Management, L.P. 0.19% of their portfolio | 720.4k $111.6m | Added +595.7k |
| Alyeska Investment Group, L.P. 0.29% of their portfolio | 652.4k $101.1m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 581.4k $90.1m | Added +17.4k |
| WASATCH ADVISORS LP 0.59% of their portfolio | 572.1k $88.7m | Added +212.7k |
| Champlain Investment Partners, LLC 1.07% of their portfolio | 544.4k $84.4m | Reduced -133.8k |
| Clearbridge Investments, LLC 0.07% of their portfolio | 502.0k $77.8m | Reduced -51.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 488.2k $75.7m | Added +49.3k |
| TREMBLANT CAPITAL GROUP 2.38% of their portfolio | 477.1k $73.9m | Reduced -16.0k |
| Artisan Partners Limited Partnership 0.12% of their portfolio | 470.5k $72.9m | Reduced -357.8k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 421.4k $65.2m | Added +9.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 417.1k $64.5m | Reduced -14.3k |
| Capital International Investors 0.01% of their portfolio | 390.7k $60.5m | Added +17.2k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 356.3k $55.2m | Added +51.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 343.3k $53.2m | Added +55.5k |
| Capital World Investors 0.01% of their portfolio | 334.2k $51.8m | Reduced -23.1k |
| CITIGROUP INC 0.03% of their portfolio | 327.5k $50.7m | Added +284.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 319.2k $49.5m | Reduced -247.1k |
| FEDERATED HERMES, INC. 0.08% of their portfolio | 317.1k $49.1m | Reduced -61.8k |
| MORGAN STANLEY 0.00% of their portfolio | 313.1k $48.5m | Added +5.7k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 288.9k $44.8m | Added +285.6k |
| Atreides Management, LP 1.02% of their portfolio | 270.3k $41.9m | Reduced -119.7k |
| Copeland Capital Management, LLC 0.91% of their portfolio | 263.1k $40.8m | Reduced -8.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 255.7k $39.6m | Added +89.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 252.8k $39.2m | Reduced -4.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 244.7k $37.9m | Reduced -100.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 237.7k $36.8m | Added +18.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 235.6k $36.5m | Added +14.9k |
| UBS Group AG 0.01% of their portfolio | 232.6k $36.0m | Reduced -76.0k |
| BAMCO INC /NY/ 0.10% of their portfolio | 208.0k $32.2m | Reduced -7.2k |
| Thrivent Financial for Lutherans 0.06% of their portfolio | 204.0k $31.6m | Reduced -33.5k |
| Stephens Investment Management Group LLC 0.42% of their portfolio | 196.9k $30.5m | Reduced -108.4k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 176.8k $27.4m | First filing |
| Nuveen, LLC 0.01% of their portfolio | 174.8k $27.1m | Reduced -73.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 173.9k $27.0m | Reduced -25.8k |
| Two Creeks Capital Management, LP 2.83% of their portfolio | 172.8k $26.8m | Added +1.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 142.4k $22.1m | Added +117.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 135.9k $21.1m | Added +85.5k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 122.4k $19.0m | Reduced -19.7k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 121.9k $18.9m | New |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 0.44% of their portfolio | 99.9k $15.5m | Reduced -29.2k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 98.5k $15.3m | New |
| WCM INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 93.5k $14.5m | Reduced -3.4k |
| FRED ALGER MANAGEMENT, LLC 0.06% of their portfolio | 85.7k $13.3m | Reduced -159.8k |
| Rivermont Capital Management LP 2.68% of their portfolio | 82.0k $12.7m | Added +20.0k |
| Ranger Investment Management, L.P. 0.92% of their portfolio | 81.9k $12.7m | Reduced -600 |
| Baird Financial Group, Inc. 0.02% of their portfolio | 80.8k $12.5m | Reduced -16.1k |
| M&G PLC 0.06% of their portfolio | 80.0k $12.4m | New |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 76.4k $11.8m | Added +2.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 74.8k $11.6m | Reduced -6.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 69.4k $10.8m | Reduced -17 |
| Trexquant Investment LP 0.08% of their portfolio | 68.5k $10.6m | New |
| Carnegie Investment Counsel 0.21% of their portfolio | 68.5k $10.6m | Added +16.8k |
| TimesSquare Capital Management, LLC 0.18% of their portfolio | 67.6k $10.5m | Reduced -16.7k |
| Y-Intercept (Hong Kong) Ltd 0.19% of their portfolio | 65.9k $10.2m | New |
| BESSEMER GROUP INC 0.02% of their portfolio | 64.9k $10.1m | Added +60 |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.10% of their portfolio | 63.2k $9.8m | Reduced -51.0k |
| TD Asset Management Inc 0.01% of their portfolio | 63.1k $9.8m | Added +2.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 62.5k $9.7m | Added +3.0k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.04% of their portfolio | 60.7k $9.4m | Added +5.1k |
| CIBC Bancorp USA Inc. 0.01% of their portfolio | 60.1k $9.3m | First filing |
| MONTANOVA CAPITAL, LLC 0.25% of their portfolio | 59.5k $9.2m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 59.2k $9.2m | Reduced -61.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 57.5k $8.9m | Reduced -21.4k |
| Susquehanna Portfolio Strategies, LLC 0.13% of their portfolio | 55.7k $8.6m | New |
| Swiss National Bank 0.00% of their portfolio | 55.0k $8.5m | Reduced -120 |
| Ceredex Value Advisors LLC 0.26% of their portfolio | 53.7k $8.3m | New |
| Invesco Ltd. 0.00% of their portfolio | 50.4k $7.8m | Reduced -1.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 47.9k $7.4m | Reduced -291.3k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 44.8k $6.9m | Reduced -9.8k |
| NICHOLAS COMPANY, INC. 0.13% of their portfolio | 42.0k $6.5m | Reduced -31.5k |
| Cinctive Capital Management LP 0.42% of their portfolio | 40.9k $6.3m | Added +39.5k |
| California Public Employees Retirement System 0.00% of their portfolio | 38.8k $6.0m | Reduced -9.9k |
| XTX Topco Ltd 0.10% of their portfolio | 38.1k $5.9m | Added +36.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 37.9k $9.0m | Reduced -541.8k |
| Legal & General Group Plc 0.00% of their portfolio | 37.4k $5.8m | Reduced -4.6k |
| Jump Financial, LLC 0.08% of their portfolio | 35.2k $5.5m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 34.8k $5.4m | Reduced -50.9k |
| Retirement Systems of Alabama 0.02% of their portfolio | 34.1k $5.3m | Added +716 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 33.6k $5.2m | Added +542 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 32.4k $5.0m | Added +5.9k |
| Savoir Faire Capital Management, L.P. 2.96% of their portfolio | 31.6k $4.9m | Added +17.9k |
| Engineers Gate Manager LP 0.06% of their portfolio | 31.5k $4.9m | New |
| Ravenswood Partners LP 1.77% of their portfolio | 30.9k $4.8m | Added +7.7k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.01% of their portfolio | 30.7k $4.8m | Added +13.9k |
| Jain Global LLC 0.06% of their portfolio | 30.7k $4.8m | New |
| TWINBEECH CAPITAL LP 0.48% of their portfolio | 30.1k $4.7m | New |
| Gotham Asset Management, LLC 0.01% of their portfolio | 28.4k $4.4m | Added +11.3k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 28.3k $4.4m | Reduced -35.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 28.3k $4.4m | Reduced -791 |