Trian Fund Management 13F holdings, Q4 2014
Holdings as of December 31, 2014 · filings on SEC EDGAR · latest filing →
Trian Fund Management disclosed 11 US equity positions worth $10.2bn in its Q4 2014 13F filing. The largest position was Du Pont E I De Nemours & Co. at 17.6% of the reported book, followed by PEP and MDLZ. Against the Q3 2014 filing, it opened 0 new positions, added to 2 and reduced 0 among the top 11 holdings.
What did Trian Fund Management own in Q4 2014? Top 11 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2014 |
|---|---|---|---|---|---|---|---|
| 1 | Du Pont E I De Nemours & Co. | 17.6% | $1.8bn | 24,313,084 | 249% | added | |
| 2 | PEP PepsiCo Inc. | Consumer Defensive | 16.6% | $1.7bn | 17,865,831 | 0% | held |
| 3 | MDLZ Mondelez Intl Inc. | Consumer Defensive | 16.5% | $1.7bn | 46,299,025 | 11% | added |
| 4 | IR Ingersoll-Rand PLC | Industrials | 14.6% | $1.5bn | 12,821,051 | 0% | held |
| 5 | BNY Bank New York Mellon Corp. | Financial Services | 11.5% | $1.2bn | 28,897,639 | 0% | held |
| 6 | Legg Mason Inc. | 6.8% | $687.8m | 12,887,964 | 0% | held | |
| 7 | Family Dlr Stores Inc. | 6.5% | $662.7m | 8,366,386 | 0% | held | |
| 8 | WEN Wendys Co. | Consumer Cyclical | 5.7% | $585.1m | 64,800,245 | 0% | held |
| 9 | LAZ Lazard Ltd | 2.4% | $248.8m | 4,973,851 | 0% | held | |
| 10 | ALLE Allegion Pub Ltd Co | Industrials | 1.7% | $169.3m | 1,655,388 | 0% | held |
| 11 | Tiffany & Co. NEW | 0.0% | $1.4m | 13,412 | 0% | held |
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.