{
 "company": "Wendy’s",
 "ticker": "WEN",
 "page": "https://www.moatshark.com/s/wen",
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holders": [
  {
   "manager": "Trian Fund Management",
   "moatshark_slug": "trian-fund-management",
   "period": "2026-06-30",
   "portfolio_pct": 5.97,
   "value_usd": 252583318,
   "change": "ADD",
   "share_change_pct": 0.1,
   "quarters_held": 53
  },
  {
   "manager": "Fairfax Financial Holdings",
   "moatshark_slug": "fairfax-financial-holdings",
   "period": "2026-06-30",
   "portfolio_pct": 2.51,
   "value_usd": 66286592,
   "change": "ADD",
   "share_change_pct": 144.9,
   "quarters_held": 2
  },
  {
   "manager": "Harris Associates (Oakmark)",
   "moatshark_slug": "harris-associates-oakmark",
   "period": "2026-06-30",
   "portfolio_pct": 0.06,
   "value_usd": 46317366,
   "change": "REDUCE",
   "share_change_pct": -5.8,
   "quarters_held": 19
  },
  {
   "manager": "Horizon Kinetics",
   "moatshark_slug": "horizon-kinetics",
   "period": "2026-06-30",
   "portfolio_pct": 0.01,
   "value_usd": 901977,
   "change": "REDUCE",
   "share_change_pct": -59.6,
   "quarters_held": 30
  },
  {
   "manager": "First Eagle Investment Management",
   "moatshark_slug": "first-eagle-investment-management",
   "period": "2026-06-30",
   "portfolio_pct": 0,
   "value_usd": 2926561,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  }
 ]
}