Trian Fund Management 13F holdings, Q4 2013
Holdings as of December 31, 2013 · filings on SEC EDGAR · latest filing →
Trian Fund Management disclosed 11 US equity positions worth $6.7bn in its Q4 2013 13F filing. The largest position was MDLZ at 21.9% of the reported book, followed by IR and PEP. Against the Q3 2013 filing, it opened 1 new position, added to 3 and reduced 2 among the top 11 holdings.
What did Trian Fund Management own in Q4 2013? Top 11 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2013 |
|---|---|---|---|---|---|---|---|
| 1 | MDLZ Mondelez Intl Inc. | Consumer Defensive | 21.9% | $1.5bn | 41,473,078 | 1% | added |
| 2 | IR Ingersoll-Rand PLC | Industrials | 20.1% | $1.3bn | 11,977,676 | -7% | reduced |
| 3 | PEP PepsiCo Inc. | Consumer Defensive | 15.3% | $1.0bn | 12,348,546 | 1% | added |
| 4 | WEN Wendys Co. | Consumer Cyclical | 10.8% | $723.8m | 83,000,245 | 0% | held |
| 5 | Legg Mason Inc. | 8.4% | $560.3m | 12,886,493 | 0% | held | |
| 6 | Family Dlr Stores Inc. | 8.1% | $543.5m | 8,364,997 | 0% | held | |
| 7 | Du Pont E I De Nemours & Co. | 5.6% | $375.4m | 5,778,403 | 0% | held | |
| 8 | ALLE Allegion Pub Ltd Co | Industrials | 4.8% | $321.6m | 3,992,555 | – | new |
| 9 | LAZ Lazard Ltd | 4.5% | $303.8m | 6,702,380 | 0% | held | |
| 10 | GNCIQ GNC Hldgs Inc. | 0.3% | $21.0m | 359,654 | -54% | reduced | |
| 11 | Tiffany & Co. NEW | 0.0% | $1.2m | 12,632 | 19% | added |
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.