WEN
Wendy's Co/the
4 super-investors hold WEN worth a combined $289M. The largest position: Nelson Peltz at 5.5% of their portfolio. This quarter the cohort logged 1 buy and 0 sells on the name. Cohort Conviction Score: 36 — ranked #191 of 724 scored stocks. Conviction rising: 1 more super-investor hold it than in 2025Q4.
Why super-investors own WEN
Nelson Peltz is the dominant force here, holding WEN at 5.5% of his portfolio — a $212M position that reflects his long-running, board-level involvement with the company rather than a purely passive bet. For seven consecutive quarters the cohort sat at just one owner, but 2026Q1 brought the first expansion in that stretch: Prem Watsa initiated a new position now valued at $23M, representing 1.2% of his portfolio. Bill Nygren and Joel Greenblatt each hold token-sized stakes. At four owners and $289M in combined exposure, interest is technically rising but remains narrowly concentrated — Peltz accounts for roughly 73% of the cohort's total position value, making this effectively a one-conviction story with modest peripheral interest.
AI-synthesized from 13F filings. Not investment advice.
Cohort owners over time
2016Q2 → 2026Q1How many of the cohort members held this stock each quarter.
Owners (4) · click any column to sort
| #↑ | Manager | % Port. | History | Value | Shares |
|---|---|---|---|---|---|
| 1 | Nelson Peltz | 5.5% | 40q | $212M | 30,446,022 |
| 2 | Bill Nygren | 0.1% | 18q | $41M | 5,929,801 |
| 3 | Prem Watsa | 1.2% | — 1q | $23M | 3,268,902 |
| 4 | Joel Greenblatt | <0.1% | 36q | $14M | 1,967,845 |
Owners of WEN also hold
Recent activity (1)
| Manager | Move | % Port. | Δ Shares | Value | Filed |
|---|---|---|---|---|---|
| Prem Watsa | NEW | 1.2% | +100% | $23M | May 15, 2026 |
Long US equity 13F-HR filings only. CUSIP 95058W100. Not investment advice.