Trian Fund Management 13F holdings, Q1 2020
Holdings as of March 31, 2020 · filings on SEC EDGAR · latest filing →
Trian Fund Management disclosed 8 US equity positions worth $6.9bn in its Q1 2020 13F filing. The largest position was PG at 49.2% of the reported book, followed by SYY and MDLZ. Against the Q4 2019 filing, it opened 0 new positions, added to 0 and reduced 3 among the top 8 holdings.
What did Trian Fund Management own in Q1 2020? Top 8 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2019 |
|---|---|---|---|---|---|---|---|
| 1 | PG Procter and Gamble Co. | Consumer Defensive | 49.2% | $3.4bn | 31,034,785 | -3% | reduced |
| 2 | SYY Sysco Corp. | Consumer Defensive | 15.6% | $1.1bn | 23,676,143 | 0% | held |
| 3 | MDLZ Mondelez Intl Inc. | Consumer Defensive | 11.4% | $793.5m | 15,845,340 | -16% | reduced |
| 4 | GE General Electric Co. | Industrials | 7.4% | $510.0m | 64,236,784 | 0% | held |
| 5 | WEN Wendys Co. | Consumer Cyclical | 5.7% | $396.3m | 26,630,629 | 0% | held |
| 6 | BNY Bank New York Mellon Corp. | Financial Services | 4.7% | $326.7m | 9,701,088 | -20% | reduced |
| 7 | NVT nVent Electric Plc | Industrials | 3.3% | $228.7m | 13,555,821 | 0% | held |
| 8 | Legg Mason Inc. | 2.7% | $189.6m | 3,881,704 | 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.