Trian Fund Management 13F holdings, Q2 2019
Holdings as of June 30, 2019 · filings on SEC EDGAR · latest filing →
Trian Fund Management disclosed 9 US equity positions worth $9.5bn in its Q2 2019 13F filing. The largest position was PG at 42.4% of the reported book, followed by SYY and MDLZ. Against the Q1 2019 filing, it opened 1 new position, added to 1 and reduced 4 among the top 9 holdings.
What did Trian Fund Management own in Q2 2019? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2019 |
|---|---|---|---|---|---|---|---|
| 1 | PG Procter and Gamble Co. | Consumer Defensive | 42.4% | $4.0bn | 36,630,543 | -0% | held |
| 2 | SYY Sysco Corp. | Consumer Defensive | 17.7% | $1.7bn | 23,671,603 | 2% | added |
| 3 | MDLZ Mondelez Intl Inc. | Consumer Defensive | 10.7% | $1.0bn | 18,828,276 | 0% | held |
| 4 | GE General Electric Co. | Industrials | 7.1% | $674.3m | 64,217,283 | -9% | reduced |
| 5 | WEN Wendys Co. | Consumer Cyclical | 5.9% | $560.6m | 28,630,629 | 0% | held |
| 6 | BNY Bank New York Mellon Corp. | Financial Services | 5.9% | $557.2m | 12,621,581 | -5% | reduced |
| 7 | PPG PPG Inds Inc. | Basic Materials | 5.2% | $493.1m | 4,224,826 | -29% | reduced |
| 8 | NVT nVent Electric Plc | Industrials | 3.5% | $336.0m | 13,551,961 | -23% | reduced |
| 9 | Legg Mason Inc. | 1.6% | $148.4m | 3,877,774 | – | new |
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.