Trian Fund Management 13F holdings, Q3 2018
Holdings as of September 30, 2018 · filings on SEC EDGAR · latest filing →
Trian Fund Management disclosed 9 US equity positions worth $10.3bn in its Q3 2018 13F filing. The largest position was PG at 30.5% of the reported book, followed by SYY and BNY. Against the Q2 2018 filing, it opened 0 new positions, added to 1 and reduced 2 among the top 9 holdings.
What did Trian Fund Management own in Q3 2018? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2018 |
|---|---|---|---|---|---|---|---|
| 1 | PG Procter and Gamble Co. | Consumer Defensive | 30.5% | $3.2bn | 37,908,621 | 0% | held |
| 2 | SYY Sysco Corp. | Consumer Defensive | 26.7% | $2.8bn | 37,656,693 | -12% | reduced |
| 3 | BNY Bank New York Mellon Corp. | Financial Services | 8.0% | $822.9m | 16,138,942 | 0% | held |
| 4 | MDLZ Mondelez Intl Inc. | Consumer Defensive | 7.8% | $808.7m | 18,824,773 | 0% | held |
| 5 | GE General Electric Co. | Industrials | 7.7% | $800.1m | 70,865,214 | 0% | held |
| 6 | WEN Wendys Co. | Consumer Cyclical | 5.2% | $542.1m | 31,630,629 | 0% | held |
| 7 | PNR Pentair PLC | Industrials | 5.0% | $521.8m | 12,036,582 | -12% | reduced |
| 8 | NVT nVent Electric Plc | Industrials | 4.6% | $477.0m | 17,562,998 | 0% | held |
| 9 | PPG PPG Inds Inc. | Basic Materials | 4.4% | $452.2m | 4,143,262 | 60% | 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.