Trian Fund Management 13F holdings, Q1 2012
Holdings as of March 31, 2012 · filings on SEC EDGAR · latest filing →
Trian Fund Management disclosed 12 US equity positions worth $3.9bn in its Q1 2012 13F filing. The largest position was SPY at 18.5% of the reported book, followed by Family Dlr Stores Inc and Kraft Foods Inc. Against the Q4 2011 filing, it opened 4 new positions, added to 1 and reduced 3 among the top 12 holdings.
What did Trian Fund Management own in Q1 2012? Top 12 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2011 |
|---|---|---|---|---|---|---|---|
| 1 | SPY SPDR S&P 500 ETF TR TR Unit | 18.5% | $725.9m | 5,155,000 | – | new | |
| 2 | Family Dlr Stores Inc | 16.0% | $630.7m | 9,966,201 | 0% | held | |
| 3 | Kraft Foods Inc | 12.0% | $471.4m | 12,401,319 | -10% | reduced | |
| 4 | STT State Str Corp | Financial Services | 11.4% | $447.9m | 9,843,416 | 0% | held |
| 5 | WEN Wendys Co | Consumer Cyclical | 10.6% | $415.8m | 83,000,245 | 8% | added |
| 6 | Legg Mason Inc | 10.4% | $410.6m | 14,702,269 | 0% | held | |
| 7 | IR Ingersoll-Rand PLC | Industrials | 6.3% | $247.5m | 5,986,407 | – | new |
| 8 | Tiffany & Co. NEW | 4.9% | $191.2m | 2,765,311 | -38% | reduced | |
| 9 | LAZ Lazard Ltd | 4.1% | $159.9m | 5,598,980 | – | new | |
| 10 | DPZ Dominos Pizza Inc | Consumer Cyclical | 3.8% | $150.6m | 4,150,000 | 0% | held |
| 11 | USO United States Oil Fund LP UNITS | 1.3% | $49.2m | 1,255,000 | – | new | |
| 12 | Heinz HJ Co | 0.8% | $32.3m | 603,250 | -43% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.