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The Activist Investor Insider
The Activist Investor Insider logo: a bull walking above a city skyline

Updated every two weeks: 1st & 15th · 7:00 a.m. ET

The Activist Investor Insider

Your Source for the Latest Activist Investor Stock Purchases

Every two weeks we rank the ten activist investors who disclosed the most buying in SEC filings, and show exactly where the money went: company, ticker, shares, value and date, each linked to its filing.

Subscriptions open soon.

Until then, email activistinvestorinsider@gmail.com and we'll add you by hand.

Latest edition: November 1, 2026 · Next: November 15, 2026

Activists tracked
24
Active this edition
7
New 13D campaigns
3
Top-5 buying (premium)
~$17M

Edition of November 1, 2026

The Top 10 activist investors

Ranked by disclosed buying in SEC filings dated October 15–31, 2026.
Open the full edition

7 of the 24 activists we track disclosed moves in SEC filings dated October 15–31, 2026, including 3 new 13D campaigns. Ranks 1–5 are for Premium Subscribers until December 1, 2026.

Ranks 1–5 · November 1, 2026

Premium Subscribers

Top-5 buying
~$17M

Top-5 total rounded to the nearest $1M.

Unlock the top 5 for $20/month

Or read them free when this edition unlocks on December 1, 2026.

6Previous rank not shown

James Pappas

JCP Investment Management

Filing updates, no valued trades

  • Red Robin Gourmet Burgers Inc

    RRGB
    UpdateStake update
    Shares
    —
    Value
    —
    Date invested
    Oct 23, 2026
7Previous rank not shown

Nelson Peltz

Trian Fund Management

Filing updates, no valued trades

  • The Wendy's Company

    WEN
    UpdateStake update
    Take-private proposal
    Shares
    —
    Value
    —
    Date invested
    Oct 28, 2026

Ranks 8–10 appear when this edition unlocks on December 1, 2026.

How to read values: plain figures are Form 4 transaction prices; est. = shares × the market close on the 13D event date; 13F = the fund's own quarterly 13F valuation, dated to the quarter. “Context” rows are shown but not counted, so the same purchase is never ranked twice. A dash means the filing gives no figure to show. Every row links to its filing on SEC EDGAR. Full methodology.

Inside the newsletter

What lands in your inbox on the 1st and 15th

The same Top 10 as the site, in one short email at 7:00 a.m. ET. This is the latest edition as free readers get it.
  • Ranks 6–10 of the new Top 10, free: who bought, what, how much and when. In a quiet window, the lower ranks unlock with the rest of the edition.
  • The size of the premium top five, and the date it unlocks for everyone
  • A link to the SEC filing behind every number

Subscriptions open soon.

Until then, email activistinvestorinsider@gmail.com and we'll add you by hand.

The Activist Investor Insider

activistinvestorinsider.com

Edition of November 1, 2026 · Filings dated October 15–31, 2026

The Top 10 activist investors of October 15–31, 2026

7 of the 24 activists we track disclosed moves in SEC filings dated October 15–31, 2026, including 3 new 13D campaigns. Ranks 1–5 are for Premium Subscribers until December 1, 2026.

Tracked
24
Active
7
New 13Ds
3

Premium Subscribers · Ranks 1–5

The five biggest buyers of the period: ~$17M of disclosed buying. Free for everyone on December 1, 2026.

Unlock ranks 1–5 · $20/month

Ranks 8–10 appear when this edition unlocks on December 1, 2026.

— The Activist Investor Insider

Every number links to its SEC filing · All editions

How it works

Three SEC filings, read so you don't have to

Activist investors must tell the SEC when they buy big. We read those filings for the activists we track and turn them into one ranked table.

Schedule 13D

Within 5 business days of crossing 5%

Anyone who buys more than 5% of a public company and may try to influence it must file a 13D, including why they bought. Amendments (13D/A) report every material change in the stake. This is where activist campaigns begin.

Form 4

Within 2 business days of a trade

Once an investor owns more than 10% of a company or sits on its board, every purchase and sale is reported on Form 4 with the exact share count and price. These are the most precise numbers we publish.

Form 13F

Within 45 days of each quarter end

Every investment manager with $100 million or more in U.S.-listed stocks discloses its long holdings each quarter. Comparing one 13F with the last shows new positions, additions, trims and exits.

We read every filing for the activists we track, turn each one into a dated move with shares and value, and rank investors by how much they disclosed buying in the two-week window. Read the methodology →

Crowded trades

Stocks several activists own

All crowded trades
  1. Amazon Com Inc (AMZN)

    From the latest 13F filings

    6 activists$3.72B
  2. Meta Platforms Inc (META)

    From the latest 13F filings

    6 activists$2.7B
  3. Sotera Health Co (SHC)

    From the latest 13F filings

    4 activists$488M
  4. Microsoft Corp (MSFT)

    From the latest 13F filings

    3 activists$2.46B
  5. Visa Inc (V)

    From the latest 13F filings

    3 activists$1.93B

Track record

How the disclosed buys have done

Full track record
Average return
−4.9%
S&P 500 (SPY), same dates
−4.8%
Hit rate
39%
Buys tracked
91

Each buy is measured from the close on the day its filing became public, the first day a reader could act. Hit rate is the share of tracked buys trading above their entry price. Past performance is not indicative of future results.

Premium Subscribers

See the whole Top 10 the morning it publishes.

Free readers get ranks 6–10. In a quiet window, the lower ranks unlock with the rest of the edition. Premium readers get ranks 1–5 as well: the activists who disclosed the most buying, what they bought, and the filings behind it.

$20/ month

  • All 10 ranks, including the top 5, the morning each edition publishes
  • Highlights: the biggest buys and crowded trades across the full Top 10
  • Holdings snapshots from each ranked investor's latest 13F, in your inbox
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Every edition becomes free in full 30 days after it publishes.

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