Trian Fund Management 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Trian Fund Management disclosed 8 US equity positions worth $3.8bn in its Q1 2023 13F filing. The largest position was Janus Henderson Group plc at 22.6% of the reported book, followed by Ferguson Plc New and DIS. Against the Q4 2022 filing, it opened 1 new position, added to 1 and reduced 4 among the top 8 holdings.
What did Trian Fund Management own in Q1 2023? Top 8 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | Janus Henderson Group plc | 22.6% | $849.0m | 31,867,800 | 0% | held | |
| 2 | Ferguson Plc New | 20.9% | $784.3m | 5,864,000 | -48% | reduced | |
| 3 | DIS The Walt Disney Company | Communication Services | 15.8% | $592.4m | 5,916,684 | -34% | reduced |
| 4 | IVZ Invesco Ltd. | Financial Services | 14.8% | $556.6m | 33,940,096 | -39% | reduced |
| 5 | WEN Wendys Co. | Consumer Cyclical | 12.6% | $472.8m | 21,705,770 | -14% | reduced |
| 6 | GE General Electric Co. | Industrials | 10.3% | $385.2m | 4,028,998 | 0% | held |
| 7 | GEHC GE HealthCare Technologies Inc. | Healthcare | 2.9% | $110.2m | 1,342,830 | – | new |
| 8 | MDLZ Mondelez Intl Inc. | Consumer Defensive | 0.0% | $1.2m | 16,530 | 2% | 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.