Trian Fund Management Raises Its $WEN Stake to 16.09%

Every day, we sift through the filings to spot where the real conviction lies – cutting through the noise to highlight the most meaningful insider moves.

Here's what stood out today:

📌 Wendy’s $WEN – Trian Fund Management bumped its 13D stake from 15.18% to 16.09%.

Nelson Peltz’s shop is already the defining force here, but they’re still buying. When an activist keeps leaning in, you have to wonder what’s next.

The stock has been underperforming the market by a wide margin for the past five years. 

📌 Bunge Global $BG – Canada Pension Plan Investment Board filed a new 13D at 13.10%.

That’s a big initial disclosure from one of the most disciplined institutional allocators around.

Agriculture and commodity exposure is still on their shopping list right as the complex starts to get going. 

Here’s The Hot Corner, with data from July 8 2025:

Click the table to enlarge it.

📌 AMC Entertainment $AMC – Discovery Capital Management filed an initial 13G at 6.80%, establishing a fresh position in the meme-stock legend.

When the big funds start showing up again, you know speculative sentiment is heating up.

📌 Permian Basin Royalty Trust $PBT – SoftVest Advisors lifted its 13G stake from 9.50% to 13.30%.

That’s meaningful size in a classic yield play. The firm is leaning hard just as the trend is starting to reverse.