Trian Fund Management 13F holdings, Q3 2023
Holdings as of September 30, 2023 · filings on SEC EDGAR · latest filing →
Trian Fund Management disclosed 9 US equity positions worth $5.6bn in its Q3 2023 13F filing. The largest position was Ferguson Plc New at 24.6% of the reported book, followed by DIS and Janus Henderson Group plc. Against the Q2 2023 filing, it opened 2 new positions, added to 2 and reduced 1 among the top 9 holdings.
What did Trian Fund Management own in Q3 2023? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2023 |
|---|---|---|---|---|---|---|---|
| 1 | Ferguson Plc New | 24.6% | $1.4bn | 5,415,218 | -1% | reduced | |
| 2 | DIS The Walt Disney Company | Communication Services | 21.0% | $1.2bn | 32,868,307 | 412% | added |
| 3 | Janus Henderson Group plc | 14.6% | $822.8m | 31,867,800 | 0% | held | |
| 4 | WEN Wendys Co. | Consumer Cyclical | 12.9% | $727.7m | 33,350,743 | 61% | added |
| 5 | IVZ Invesco Ltd. | Financial Services | 8.7% | $492.8m | 33,940,096 | 0% | held |
| 6 | GE General Electric Co. | Industrials | 7.9% | $445.5m | 4,029,840 | 0% | held |
| 7 | The Allstate Corporation | 7.2% | $405.9m | 3,643,618 | – | new | |
| 8 | GEHC GE HealthCare Technologies Inc. | Healthcare | 1.6% | $91.4m | 1,342,830 | 0% | held |
| 9 | SYY Sysco Corporation | Consumer Defensive | 1.4% | $80.8m | 1,223,500 | – | 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.