Trian Fund Management 13F holdings, Q3 2020
Holdings as of September 30, 2020 · filings on SEC EDGAR · latest filing →
Trian Fund Management disclosed 9 US equity positions worth $6.1bn in its Q3 2020 13F filing. The largest position was SYY at 25.1% of the reported book, followed by PG and CMCSA. Against the Q2 2020 filing, it opened 1 new position, added to 2 and reduced 4 among the top 9 holdings.
What did Trian Fund Management own in Q3 2020? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2020 |
|---|---|---|---|---|---|---|---|
| 1 | SYY Sysco Corp. | Consumer Defensive | 25.1% | $1.5bn | 24,379,843 | 0% | held |
| 2 | PG Procter and Gamble Co. | Consumer Defensive | 23.3% | $1.4bn | 10,128,875 | -6% | reduced |
| 3 | CMCSA Comcast Class A Ord | Communication Services | 11.9% | $723.0m | 15,628,146 | 118% | added |
| 4 | MDLZ Mondelez Intl Inc. | Consumer Defensive | 11.6% | $703.3m | 12,241,559 | -23% | reduced |
| 5 | WEN Wendys Co. | Consumer Cyclical | 9.8% | $593.9m | 26,630,629 | 0% | held |
| 6 | IVZ Invesco Ltd. | Financial Services | 6.9% | $419.2m | 36,739,343 | 67% | added |
| 7 | Janus Henderson Group plc | 6.3% | $383.7m | 17,666,612 | – | new | |
| 8 | GE General Electric Co. | Industrials | 3.3% | $200.5m | 32,183,233 | -46% | reduced |
| 9 | NVT nVent Electric Plc | Industrials | 1.7% | $103.1m | 5,827,483 | -53% | 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.