Starbucks has disclosed that Nelson Peltz, the new owner of Wendy’s International, has acquired a 0.1% stake in the coffee company. In a filing with the Securities and Exchange Commission, Peltz’s Trian Fund was reported to have purchased 842,070 shares in the company. Peltz has made a name for himself as an activist investor, he bought Wendy’s after pushing it to spin off Tim Hortons, its coffee and doughnut chain, and making it cut corporate expenses. Starbucks shares rose at the end of last week following the announcement.