# Wendy’s (WEN): value investors who own it | moatshark

5 value investors held Wendy’s in their Q3 2026 13F, led by Trian Fund Management, Fairfax Financial Holdings, Harris Associates (Oakmark), Horizon…

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Trian Fund Management | 6.0% | $253m | Added +0.1% | 53 |
| Fairfax Financial Holdings | 2.5% | $66.3m | Added +145% | 2 |
| Harris Associates (Oakmark) | 0.1% | $46.3m | Trimmed -5.8% | 19 |
| Horizon Kinetics | 0.0% | $902k | Trimmed -60% | 30 |
| First Eagle Investment Management | 0.0% | $2.9m | New | 1 |

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