Trian Fund Management

Nelson Peltz

$4.1B Portfolio Value
7 Stocks
+0.02% YTD Return
Nov 14, 2025 Last Updated
Portfolio Value Over Time

Current Holdings for Trian Fund Management

Stock Click to search
Shares Value % of Portfolio Change Est. Return
JHG|Janus Henderson Group plc
31.9M $1.4B
34.53%
+9.44%
GE|GE Aerospace
4.0M $1.2B
29.52%
+404.94%
SOLV|Solventum Corporation
8.5M $617.8M
15.04%
+26.97%
IVZ|Invesco Ltd.
14.6M $335.6M
8.17%
+98.63%
WEN|Wendys Co.
30.4M $278.8M
6.79%
ADD +0.0%
FERG|Ferguson Plc New
1.1M $244.0M
5.94%
+105.79%
GEHC|GE HealthCare Technologies Inc.
4.0K $302.6K
0.01%
+14.69%

Trading Activity for Trian Fund Management

Stock Click to search
Action Change Shares After Value Est. Return
2025-Q3
WEN|Wendys Co.
BUY +0.01% 30.4M $279M
UHAL|U-Haul Holding Company
SELL EXIT -14.2%
ALL|The Allstate Corporation
SELL EXIT +84.9%
UHAL-B|U-Haul Holding Company - B
SELL EXIT
2025-Q2
WEN|Wendys Co.
BUY +0.04% 30.4M $348M
IVZ|Invesco Ltd.
SELL -36.87% 14.6M $231M -2.4%
FERG|Ferguson Plc New
BUY +7.69% 1.1M $237M
UHAL-B|U-Haul Holding Company - B
SELL -69.94% 338.0K $18M
ALL|The Allstate Corporation
SELL -68.53% 100.0K $20M +82.0%
UHAL|U-Haul Holding Company
SELL -45.81% 353.3K $21M -7.7%
2025-Q1
WEN|Wendys Co.
SELL -0.33% 30.4M $445M
FERG|Ferguson Plc New
SELL -18.47% 1.0M $162M +45.1%
ALL|The Allstate Corporation
BUY +3.56% 317.6K $66M
2024-Q4
SOLV|Solventum Corporation
BUY +18.76% 8.5M $559M
WEN|Wendys Co.
BUY +0.04% 30.5M $498M
FERG|Ferguson Plc New
SELL -2.64% 1.2M $215M +64.6%
ALL|The Allstate Corporation
SELL -50.00% 306.7K $59M +77.2%
UHAL-B|U-Haul Holding Company - B
BUY +7.21% 1.1M $72M
UHAL|U-Haul Holding Company
BUY +45.02% 652.0K $45M
2024-Q3
WEN|Wendys Co.
SELL -3.16% 30.5M $535M
SOLV|Solventum Corporation
BUY +32.94% 7.1M $497M
IVZ|Invesco Ltd.
SELL -14.88% 23.2M $407M +11.2%
FERG|Ferguson Plc New
SELL -34.96% 1.3M $252M +68.5%
ALL|The Allstate Corporation
SELL -69.53% 613.4K $116M +63.0%
DIS|The Walt Disney Company
SELL EXIT +2.8%
GEHC|GE HealthCare Technologies Inc.
SELL -99.70% 4.0K $378122 +16.7%
UHAL-B|U-Haul Holding Company - B
BUY +15.37% 1.0M $76M
UHAL|U-Haul Holding Company
BUY +15.37% 449.6K $35M
RTO|Rentokil Initial plc
SELL EXIT +11.7%
2024-Q2
DIS|The Walt Disney Company
SELL -91.82% 2.6M $263M +19.2%
WEN|Wendys Co.
BUY +0.13% 31.5M $534M
IVZ|Invesco Ltd.
SELL -19.79% 27.2M $407M +3.0%
FERG|Ferguson Plc New
SELL -21.65% 2.0M $378M +74.6%
ALL|The Allstate Corporation
SELL -10.00% 2.0M $321M +53.3%
SOLV|Solventum Corporation
BUY NEW 5.4M $283M
SYY|Sysco Corporation
SELL EXIT +5.2%
UHAL-B|U-Haul Holding Company - B
BUY NEW 909.3K $55M
UHAL|U-Haul Holding Company
BUY NEW 389.7K $24M
RTO|Rentokil Initial plc
BUY NEW 470.0K $14M
2024-Q1
FERG|Ferguson Plc New
SELL -40.49% 2.5M $545M +64.4%
ALL|The Allstate Corporation
SELL -19.90% 2.2M $387M +45.1%
2023-Q4
DIS|The Walt Disney Company
SELL -1.61% 32.3M $2.9B +2.2%
FERG|Ferguson Plc New
SELL -22.62% 4.2M $809M +38.1%
WEN|Wendys Co.
SELL -5.65% 31.5M $613M
GE|General Electric Co.
BUY +0.01% 4.0M $514M
ALL|The Allstate Corporation
SELL -23.34% 2.8M $391M +20.5%
GEHC|GE HealthCare Technologies Inc.
BUY +0.00% 1.3M $104M
2023-Q3
DIS|The Walt Disney Company
BUY +411.56% 32.9M $2.7B
FERG|Ferguson Plc New
SELL -1.45% 5.4M $891M +31.1%
WEN|Wendys Co.
BUY +60.86% 33.4M $681M
GE|General Electric Co.
BUY +0.02% 4.0M $445M
ALL|The Allstate Corporation
BUY NEW 3.6M $406M
SYY|Sysco Corporation
BUY NEW 1.2M $81M
MDLZ|Mondelez Intl Inc.
SELL EXIT
2023-Q2
FERG|Ferguson Plc New
SELL -6.30% 5.5M $864M +19.9%
DIS|The Walt Disney Company
BUY +8.59% 6.4M $574M
WEN|Wendys Co.
SELL -4.48% 20.7M $451M
2023-Q1
FERG|Ferguson Plc New
SELL -47.73% 5.9M $784M +15.2%
IVZ|Invesco Ltd.
SELL -39.13% 33.9M $557M +22.9%
DIS|The Walt Disney Company
SELL -34.48% 5.9M $592M +4.1%
WEN|Wendys Co.
SELL -14.32% 21.7M $473M
GE|General Electric Co.
BUY +0.01% 4.0M $385M
GEHC|GE HealthCare Technologies Inc.
BUY NEW 1.3M $110M
MDLZ|Mondelez Intl Inc.
BUY +1.79% 16.5K $1M
SYY|Sysco Corp.
SELL EXIT
2022-Q4
DIS|The Walt Disney Company
BUY NEW 9.0M $785M
SYY|Sysco Corp.
SELL -99.94% 4.5K $347000
GE|General Electric Co.
BUY +0.03% 4.0M $338M
PG|Procter and Gamble Co.
SELL EXIT
2022-Q3
FERG|Ferguson Plc New
SELL -12.54% 11.2M $1.2B -3.7%
SYY|Sysco Corp.
SELL -18.37% 7.2M $508M +31.6%
GE|General Electric Co.
BUY +0.02% 4.0M $249M
PG|Procter and Gamble Co.
BUY +2.42% 5.6K $706000
2022-Q2
FERG|Ferguson Plc New
BUY +12.49% 12.8M $1.4B
IVZ|Invesco Ltd.
BUY +3.19% 55.8M $899M
SYY|Sysco Corp.
SELL -23.56% 8.8M $745M +30.3%
GE|General Electric Co.
BUY +0.01% 4.0M $256M
MDLZ|Mondelez Intl Inc.
SELL -96.39% 16.2K $1M
2022-Q1
FERG|Ferguson Plc New
BUY +0.09% 11.4M $1.6B
IVZ|Invesco Ltd.
BUY +18.82% 54.0M $1.4B
JHG|Janus Henderson Group plc
BUY +12.72% 31.9M $1.1B
SYY|Sysco Corp.
SELL -10.50% 11.5M $939M +24.0%
CMCSA|Comcast Corp. New
SELL EXIT +0.8%
GE|General Electric Co.
BUY +0.00% 4.0M $368M
PG|Procter and Gamble Co.
SELL -97.70% 5.5K $893000
MDLZ|Mondelez Intl Inc.
BUY +0.02% 450.3K $28M
2021-Q4
FERG|Ferguson Plc New
SELL -10.50% 11.4M $2.0B +27.7%
JHG|Janus Henderson Group plc
BUY NEW 28.3M $1.2B
IVZ|Invesco Ltd.
BUY +23.72% 45.5M $1.2B
SYY|Sysco Corp.
SELL -3.95% 12.9M $1.0B +18.9%
JHG|Janus Henderson Group plc
SELL EXIT +71.2%
PG|Procter and Gamble Co.
SELL -95.50% 237.4K $39M
MDLZ|Mondelez Intl Inc.
SELL -94.37% 450.2K $30M
GE|General Electric Co.
BUY +0.01% 4.0M $380M
2021-Q3
FERG|Ferguson Plc New
SELL -2.96% 12.7M $1.8B +17.6%
SYY|Sysco Corp.
SELL -25.14% 13.4M $1.1B +18.2%
CMCSA|Comcast Corp. New
SELL -3.88% 20.0M $1.1B +23.1%
JHG|Janus Henderson Group plc
BUY +11.68% 23.7M $980M
PG|Procter and Gamble Co.
SELL -9.02% 5.3M $737M
WEN|Wendys Co.
SELL -4.87% 25.3M $549M
MDLZ|Mondelez Intl Inc.
SELL -7.41% 8.0M $465M
GE|General Electric Co.
SELL EXIT
GE|General Electric Co.
BUY NEW 4.0M $415M
2021-Q2
FERG|Ferguson Plc New
SELL -0.72% 13.1M $1.8B +9.2%
SYY|Sysco Corp.
SELL -13.24% 17.9M $1.4B +24.6%
PG|Procter and Gamble Co.
SELL -34.81% 5.8M $781M
CMCSA|Comcast Corp. New
BUY +4.73% 20.8M $1.2B
IVZ|Invesco Ltd.
BUY +0.04% 36.8M $956M
JHG|Janus Henderson Group plc
BUY +29.67% 21.2M $824M
MDLZ|Mondelez Intl Inc.
SELL -7.95% 8.6M $539M
GE|General Electric Co.
BUY +0.02% 32.2M $433M
2021-Q1
FERG|Ferguson Plc New
BUY NEW 13.2M $1.6B
PG|Procter and Gamble Co.
SELL -9.56% 8.9M $1.2B
IVZ|Invesco Ltd.
BUY +0.01% 36.7M $955M
MDLZ|Mondelez Intl Inc.
SELL -23.35% 9.4M $549M
GE|General Electric Co.
BUY +0.00% 32.2M $423M
2020-Q4
SYY|Sysco Corp.
SELL -15.49% 20.6M $1.5B +10.1%
PG|Procter and Gamble Co.
SELL -3.01% 9.8M $1.4B
CMCSA|Comcast Class A Ord
BUY +177.38% 19.9M $1.0B
JHG|Janus Henderson Group plc
SELL -7.36% 16.4M $532M +32.3%
GE|General Electric Co.
BUY +0.04% 32.2M $348M
JHG|Janus Henderson Group PLC
SELL EXIT +32.3%
NVT|nVent Electric Plc
SELL EXIT -19.0%
2020-Q3
PG|Procter and Gamble Co.
SELL -6.44% 10.1M $1.4B
MDLZ|Mondelez Intl Inc.
SELL -22.76% 12.2M $703M
IVZ|Invesco Ltd.
BUY NEW 36.7M $419M
GE|General Electric Co.
SELL -45.76% 32.2M $201M
JHG|Janus Henderson Group plc
BUY NEW 17.7M $384M
CMCSA|Comcast Corp New
BUY NEW 7.2M $279M
NVT|nVent Electric Plc
SELL -52.97% 5.8M $103M -26.6%
JHG|Janus Henderson Group PLC
BUY NEW 8.9M $189M
BK|Bank New York Mellon Corp.
SELL EXIT
2020-Q2
PG|Procter and Gamble Co.
SELL -65.12% 10.8M $1.3B
SYY|Sysco Corp.
BUY +2.97% 24.4M $1.3B
MDLZ|Mondelez Intl Inc.
BUY +0.02% 15.8M $810M
GE|General Electric Co.
SELL -7.63% 59.3M $405M
BK|Bank New York Mellon Corp.
SELL -54.82% 4.4M $169M
NVT|nVent Electric Plc
SELL -8.59% 12.4M $232M -28.6%
LMEUR|Legg Mason Inc.
SELL EXIT
2020-Q1
PG|Procter and Gamble Co.
SELL -3.48% 31.0M $3.4B
MDLZ|Mondelez Intl Inc.
SELL -15.84% 15.8M $794M
GE|General Electric Co.
BUY +0.02% 64.2M $510M
BK|Bank New York Mellon Corp.
SELL -20.18% 9.7M $327M
NVT|nVent Electric Plc
BUY +0.03% 13.6M $229M
2019-Q4
PG|Procter and Gamble Co.
SELL -12.22% 32.2M $4.0B
SYY|Sysco Corp.
BUY +0.02% 23.7M $2.0B
MDLZ|Mondelez Intl Inc.
BUY +0.00% 18.8M $1.0B
GE|General Electric Co.
BUY +0.00% 64.2M $717M
2019-Q3
PG|Procter and Gamble Co.
BUY +0.00% 36.6M $4.6B
MDLZ|Mondelez Intl Inc.
BUY +0.00% 18.8M $1.0B
GE|General Electric Co.
BUY +0.01% 64.2M $574M
WEN|Wendys Co.
SELL -6.99% 26.6M $532M
BK|Bank New York Mellon Corp.
SELL -3.70% 12.2M $549M
PPG|PPG Inds Inc.
SELL EXIT +9.6%
LMEUR|Legg Mason Inc.
BUY +0.10% 3.9M $148M
2019-Q2
PG|Procter and Gamble Co.
SELL -0.19% 36.6M $4.0B
SYY|Sysco Corp.
BUY +2.11% 23.7M $1.7B
MDLZ|Mondelez Intl Inc.
BUY +0.02% 18.8M $1.0B
GE|General Electric Co.
SELL -9.39% 64.2M $674M
PPG|PPG Inds Inc.
SELL -29.38% 4.2M $493M +8.1%
BK|Bank New York Mellon Corp.
SELL -4.67% 12.6M $557M
NVT|nVent Electric Plc
SELL -22.86% 13.6M $336M -2.0%
LMEUR|Legg Mason Inc.
BUY NEW 3.9M $148M
2019-Q1
PG|Procter and Gamble Co.
SELL -3.19% 36.7M $3.8B
SYY|Sysco Corp.
SELL -18.10% 23.2M $1.5B +1.9%
MDLZ|Mondelez Intl Inc.
BUY +0.00% 18.8M $940M
BK|Bank New York Mellon Corp.
SELL -17.96% 13.2M $668M
PPG|PPG Inds Inc.
SELL -14.65% 6.0M $675M +1.0%
GE|General Electric Co.
BUY +0.01% 70.9M $708M
WEN|Wendys Co.
SELL -9.48% 28.6M $512M
NVT|nVent Electric Plc
BUY +0.03% 17.6M $474M
PNR|Pentair PLC
SELL EXIT
2018-Q4
PG|Procter and Gamble Co.
BUY +0.01% 37.9M $3.5B
SYY|Sysco Corp.
SELL -24.84% 28.3M $1.8B +3.3%
BK|Bank New York Mellon Corp.
BUY +0.00% 16.1M $760M
MDLZ|Mondelez Intl Inc.
BUY +0.00% 18.8M $754M
GE|General Electric Co.
BUY +0.00% 70.9M $536M
PPG|PPG Inds Inc.
BUY +170.27% 7.0M $717M
PNR|Pentair PLC
SELL -28.71% 8.6M $324M
2018-Q3
SYY|Sysco Corp.
SELL -11.53% 37.7M $2.8B +12.7%
GE|General Electric Co.
BUY +0.01% 70.9M $800M
MDLZ|Mondelez Intl Inc.
BUY +0.00% 18.8M $809M
PNR|Pentair PLC
SELL -12.39% 12.0M $522M
PPG|PPG Inds Inc.
BUY NEW 2.6M $269M
2018-Q2
SYY|Sysco Corp.
SELL -5.08% 42.6M $2.9B -1.9%
PNR|Pentair PLC
SELL -10.85% 13.7M $578M
GE|General Electric Co.
BUY +0.01% 70.9M $964M
BK|Bank New York Mellon Corp.
BUY +0.01% 16.1M $870M
MDLZ|Mondelez Intl Inc.
BUY +0.02% 18.8M $772M
WEN|Wendys Co.
SELL -7.07% 31.6M $543M
NVT|nVent Electric Plc
BUY NEW 17.6M $441M
2018-Q1
SYY|Sysco Corp.
BUY +0.77% 44.8M $2.7B
MDLZ|Mondelez Intl Inc.
SELL -55.72% 18.8M $785M
GE|General Electric Co.
BUY +0.00% 70.9M $955M
PNR|Pentair PLC
SELL +0.00% 15.4M $1.0B
BK|Bank New York Mellon Corp.
BUY +2.28% 16.1M $832M
WEN|Wendys Co.
SELL -12.81% 34.0M $597M

Closed Positions for Trian Fund Management

Stock Click to search
Held Period Cost Basis Sale Proceeds Realized Gain Return CAGR
ALL|The Allstate Corporation
2023-Q3 → 2025-Q3 (2.0y) $400.2M $610.0M $+209.8M +52.4% +23.6%
UHAL|U-Haul Holding Company
2024-Q2 → 2025-Q3 (1.2y) $44.0M $39.1M $-4.9M -11.2% -9.1%
DIS|The Walt Disney Company
2022-Q4 → 2024-Q3 (1.7y) $3.2B $3.7B $+545.6M +17.1% +9.5%
RTO|Rentokil Initial plc
2024-Q2 → 2024-Q3 (0.2y) $12.8M $14.3M $+1.5M +11.7% +11.7%
SYY|Sysco Corporation
2023-Q3 → 2024-Q2 (0.7y) $87.4M $91.9M $+4.5M +5.2% +7.0%
CMCSA|Comcast Corp. New
2020-Q3 → 2022-Q1 (1.5y) $924.0M $939.3M $+15.3M +1.6% +1.1%
JHG|Janus Henderson Group plc
2020-Q3 → 2021-Q4 (1.2y) $653.1M $1.1B $+443.0M +67.8% +51.5%
NVT|nVent Electric Plc
2018-Q2 → 2020-Q4 (2.5y) $450.8M $366.9M $-84.0M -18.6% -7.9%
JHG|Janus Henderson Group PLC
2020-Q3 → 2020-Q4 (0.2y) $186.7M $247.0M $+60.3M +32.3% +32.3%
PPG|PPG Inds Inc.
2018-Q3 → 2019-Q3 (1.0y) $745.0M $804.4M $+59.4M +8.0% +8.0%