13F Insight
DOSSIER · 13F-HR · Q2 2026

Wendel SE

$519M in tracked AUM across 1 positions as of Q2 2026.

WS
CIK 0001721938 · last filed Jun 30, 2026
Total AUM
$519M
as of Q2 2026
Holdings
1
—
positions
Whale Score
73
73
strong
Activity
—
no data
changes this Q
AI Analysis · Q2 2026

Portfolio Overview

The SEC 13F filing for Wendel SE (CIK: 0001721938) as of September 30, 2025, reveals a highly concentrated portfolio with a total valuation of $429.49 million. This represents a significant increase in portfolio value of +22.7% compared to the previous quarter's value of $350.14 million. The portfolio consists of a single holding, indicating an investment strategy characterized by extreme concentration rather than diversification. With only one security in the portfolio, ...

Key Holdings

The portfolio is entirely composed of IHS Holding Limited, which accounts for 100% of the total assets. Wendel SE holds 62.98 million shares of IHS Holding, valued at $429.49 million. IHS Holding is a major player in the telecommunications infrastructure sector, specifically focused on the deployment and operation of shared telecommunications infrastructure across Africa, the Middle East, and Latin America. Given that this is the sole position, it represents the firm's conviction play, indicating a long-term strategic view on the company's growth prospects and operational performance.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
G4701H109
IHS HOLDING LIMITED
$519M63.0M100.0%

Filing history

2026Q2Jun 30
$519M▲ 0.1%
1 positionsView →2026Q1Mar 31
$518M▲ 10.3%
1 positionsView →2025Q4Dec 31
$470M▲ 9.4%
1 positionsView →2025Q3Sep 30
$429M▲ 22.7%
1 positionsView →2025Q2Jun 30
$350M▲ 6.5%
1 positionsLocked2025Q1Mar 31
$329M—
1 positionsLocked