Trian Fund Management 13F holdings, Q4 2018
Holdings as of December 31, 2018 · filings on SEC EDGAR · latest filing →
Trian Fund Management disclosed 9 US equity positions worth $9.2bn in its Q4 2018 13F filing. The largest position was PG at 37.7% of the reported book, followed by SYY and BNY. Against the Q3 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 Q4 2018? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2018 |
|---|---|---|---|---|---|---|---|
| 1 | PG Procter and Gamble Co. | Consumer Defensive | 37.7% | $3.5bn | 37,910,766 | 0% | held |
| 2 | SYY Sysco Corp. | Consumer Defensive | 19.2% | $1.8bn | 28,303,910 | -25% | reduced |
| 3 | BNY Bank New York Mellon Corp. | Financial Services | 8.2% | $759.7m | 16,139,123 | 0% | held |
| 4 | MDLZ Mondelez Intl Inc. | Consumer Defensive | 8.2% | $753.6m | 18,824,836 | 0% | held |
| 5 | PPG PPG Inds Inc. | Basic Materials | 7.8% | $716.6m | 7,009,412 | 69% | added |
| 6 | GE General Electric Co. | Industrials | 5.8% | $536.5m | 70,865,317 | 0% | held |
| 7 | WEN Wendys Co. | Consumer Cyclical | 5.3% | $493.8m | 31,630,629 | 0% | held |
| 8 | NVT nVent Electric Plc | Industrials | 4.3% | $394.5m | 17,562,998 | 0% | held |
| 9 | PNR Pentair PLC | Industrials | 3.5% | $324.2m | 8,580,717 | -29% | 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.