Trian Fund Management, L.P. Nelson Peltz
New York, NY 23 processed 13Fs on this site, 2021 Q3 to 2026 Q2
- $4.2B
- 8 holdings
- 2026 Q2
- +9.6% QoQ
- Top 5 94.2%
AUM over time
Book
| JHG, Janus Henderson Group | Hold | 31,867,800 | $33.71 | $1.1B | — | — | |
| GE, GE Aerospace | Hold | 4,030,213 | $158.97 | $641M | — | — | |
| WEN, Wendys | Add +0.1% | 31,507,868 | $16.96 | $534M | +40,718 | −$58M | |
| IVZ, Invesco | Reduce −19.8% | 27,223,734 | $14.96 | $407M | −6,716,362 | −$156M | |
| FERG, Ferguson | Reduce −21.6% | 1,953,863 | $193.65 | $378M | −539,824 | −$166M | |
| ALL, Allstate | Reduce −10.0% | 2,013,508 | $159.66 | $321M | −223,761 | −$66M | |
| SOLV, Solventum | New | 5,360,579 | $52.88 | $283M | +5,360,579 | +$283M | |
| DIS, Disney | Reduce −91.8% | 2,645,583 | $99.29 | $263M | −29,692,273 | −$3.7B | |
| GEHC, GE HealthCare | Hold | 1,342,833 | $77.92 | $105M | — | — | |
| UHAL.B, U-Haul Holding Company - | New | 909,300 | $60.02 | $55M | +909,300 | +$55M | |
| UHAL, U-Haul | New | 389,700 | $61.73 | $24M | +389,700 | +$24M | |
| Rentokil Initial | New | 470,000 | $29.65 | $14M | +470,000 | +$14M |
Exits / last held
Gone since 2024 Q1, shown at their last reported size.
| Stock | % of portfolio | Recent activity | Shares | Reported price* | Value | Share change | $ change |
|---|---|---|---|---|---|---|---|
| SYY, Sysco | Exit | 0 | $81.18 | $99M | −1,223,500 | −$99M |
Filings history
20 periods, with AUM normalized
| Period | Holds | AUM | QoQ | Form | Filed | Filing ID |
|---|---|---|---|---|---|---|
| 2026 Q2 | 8 | $4.2B | +9.6% | 13F-HR | 8/12/2026 | 000134547126000035 |
| 2026 Q1 | 8 | $3.9B | −3.1% | 13F-HR | 5/15/2026 | 000134547126000026 |
| 2025 Q4 | 7 | $4B | −3.0% | 13F-HR | 2/17/2026 | 000134547126000015 |
| 2025 Q3 | 7 | $4.1B | +8.3% | 13F-HR | 11/14/2025 | 000134547125000051 |
| 2025 Q2 | 10 | $3.8B | +1.5% | 13F-HR | 8/14/2025 | 000134547125000028 |
| 2025 Q1 | 10 | $3.7B | −3.7% | 13F-HR | 5/15/2025 | 000134547125000018 |
| 2024 Q4 | 10 | $3.9B | −0.3% | 13F-HR | 2/14/2025 | 000134547125000009 |
| 2024 Q3 | 10 | $3.9B | −5.1% | 13F-HR | 11/13/2024 | 000134547124000040 |
| 2024 Q2 | 12 | $4.1B | −48.9% | 13F-HR | 8/14/2024 | 000134547124000032 |
| 2024 Q1 | 9 | $8B | +14.5% | 13F-HR | 5/15/2024 | 000134547124000018 |
| 2023 Q4 | 9 | $7B | +6.6% | 13F-HR | 2/14/2024 | 000134547124000011 |
| 2023 Q3 | 9 | $6.6B | +69.4% | 13F-HR | 11/14/2023 | 000134547123000146 |
| 2023 Q2 | 8 | $3.9B | — | RESTATEMENT | 8/15/2023 | 000134547123000123 |
| 2023 Q2 | 8 | $3.9B | +3.4% | 13F-HR | 8/14/2023 | 000134547123000121 |
| 2023 Q1 | 8 | $3.8B | −3.1% | 13F-HR | 5/15/2023 | 000134547123000084 |
| 2022 Q4 | 8 | $4.9B | — | RESTATEMENT | 2/15/2023 | 000134547123000057 |
| 2022 Q4 | 8 | $4.9B | — | RESTATEMENT | 2/15/2023 | 000134547123000051 |
| 2022 Q4 | 8 | $3.9B | +1.9% | 13F-HR | 2/14/2023 | 000134547123000042 |
| 2022 Q3 | 8 | $3.8B | −16.5% | 13F-HR | 11/14/2022 | 000134547122000089 |
| 2022 Q2 | 8 | $4.5B | −23.8% | 13F-HR | 8/12/2022 | 000134547122000075 |
| 2022 Q1 | 8 | $6B | −19.9% | 13F-HR | 5/13/2022 | 000134547122000057 |
| 2021 Q4 | 9 | $7.5B | −7.3% | 13F-HR | 2/11/2022 | 000134547122000026 |
| 2021 Q3 | 9 | $8B | — | 13F-HR | 11/12/2021 | 000134547121000059 |
About
Trian Fund Management, L.P.
23 processed 13Fs on this site, 2021 Q3 to 2026 Q2