# Wabtec (WAB): value investors who own it | moatshark

3 value investors held Wabtec in their Q3 2026 13F, led by Muhlenkamp & Company, First Pacific Advisors (FPA), Mairs & Power.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Muhlenkamp & Company | 4.9% | $17.0m | Added 0.0% | 28 |
| First Pacific Advisors (FPA) | 0.6% | $51.0m | Trimmed -27% | 26 |
| Mairs & Power | 0.0% | $1.4m | Unchanged | 5 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-10-06 | Santana Rafael | President and CEO | Sold | 345 | $101k |
| 2026-10-06 | Santana Rafael | President and CEO | Sold | 261 | $77k |
| 2026-10-06 | Santana Rafael | President and CEO | Sold | 259 | $75k |
| 2026-10-06 | Santana Rafael | President and CEO | Sold | 222 | $65k |
| 2026-10-05 | Santana Rafael | President and CEO | Sold | 614 | $180k |
| 2026-10-05 | Santana Rafael | President and CEO | Sold | 278 | $81k |
| 2026-10-05 | Santana Rafael | President and CEO | Sold | 84 | $25k |
| 2026-10-05 | Santana Rafael | President and CEO | Sold | 42 | $12k |
| 2026-10-05 | Santana Rafael | President and CEO | Sold | 36 | $10k |
| 2026-10-05 | Santana Rafael | President and CEO | Sold | 33 | $10k |
| 2026-09-02 | Santana Rafael | President and CEO | Sold | 370 | $103k |
| 2026-09-02 | Santana Rafael | President and CEO | Sold | 323 | $91k |
| 2026-09-02 | Santana Rafael | President and CEO | Sold | 268 | $75k |
| 2026-09-02 | Santana Rafael | President and CEO | Sold | 126 | $36k |
| 2026-09-01 | Santana Rafael | President and CEO | Sold | 590 | $165k |
| 2026-09-01 | Santana Rafael | President and CEO | Sold | 194 | $54k |
| 2026-09-01 | Santana Rafael | President and CEO | Sold | 194 | $54k |
| 2026-09-01 | Santana Rafael | President and CEO | Sold | 118 | $33k |
| 2026-08-21 | Mendonca Rogerio | President, Equipment Group | Sold | 2910 | $864k |
| 2026-08-21 | Mendonca Rogerio | President, Equipment Group | Sold | 9 | $3k |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Muhlenkamp Fund | Muhlenkamp & Company | 3.9% | $10.1m | 2026-06-30 |
| FPA Crescent Fund | First Pacific Advisors (FPA) | 0.3% | $31.1m | 2026-06-30 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/wab). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.