Trian Fund Management 13F holdings, Q2 2014
Holdings as of June 30, 2014 · filings on SEC EDGAR · latest filing →
Trian Fund Management disclosed 11 US equity positions worth $7.5bn in its Q2 2014 13F filing. The largest position was MDLZ at 21.0% of the reported book, followed by IR and PEP. Against the Q1 2014 filing, it opened 0 new positions, added to 3 and reduced 1 among the top 11 holdings.
What did Trian Fund Management own in Q2 2014? Top 11 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2014 |
|---|---|---|---|---|---|---|---|
| 1 | MDLZ Mondelez Intl Inc. | Consumer Defensive | 21.0% | $1.6bn | 41,741,854 | 0% | held |
| 2 | IR Ingersoll-Rand PLC | Industrials | 18.2% | $1.4bn | 11,978,914 | -0% | held |
| 3 | PEP PepsiCo Inc. | Consumer Defensive | 15.4% | $1.2bn | 12,938,653 | 4% | added |
| 4 | BNY Bank New York Mellon Corp. | Financial Services | 9.6% | $716.3m | 19,110,843 | 105% | added |
| 5 | Legg Mason Inc. | 8.8% | $661.2m | 12,886,493 | 0% | held | |
| 6 | Family Dlr Stores Inc. | 7.4% | $553.4m | 8,366,386 | 0% | held | |
| 7 | WEN Wendys Co. | Consumer Cyclical | 7.4% | $552.7m | 64,800,245 | 0% | held |
| 8 | Du Pont E I De Nemours & Co. | 5.4% | $401.9m | 6,141,364 | 0% | held | |
| 9 | LAZ Lazard Ltd | 4.5% | $340.6m | 6,606,540 | 0% | held | |
| 10 | ALLE Allegion Pub Ltd Co | Industrials | 2.3% | $173.0m | 1,655,388 | -44% | reduced |
| 11 | Tiffany & Co. NEW | 0.0% | $1.3m | 13,412 | 6% | 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.