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Trian Fund Management 13F holdings, Q4 2024

Holdings as of December 31, 2024 · filings on SEC EDGAR · latest filing →

Trian Fund Management disclosed 10 US equity positions worth $3.9bn in its Q4 2024 13F filing. The largest position was Janus Henderson Group plc at 35.0% of the reported book, followed by GE and SOLV. Against the Q3 2024 filing, it opened 0 new positions, added to 3 and reduced 2 among the top 10 holdings.

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What did Trian Fund Management own in Q4 2024? Top 10 positions

#StockSectorWeightValueSharesΔ sharesvs Q3 2024
1 Janus Henderson Group plc 35.0%$1.4bn31,867,800 0% held
2 GE General Electric Co. Industrials 17.4%$672.2m4,030,213 0% held
3 SOLV Solventum Corporation Healthcare 14.4%$559.1m8,462,819 19% added
4 WEN Wendys Co. Consumer Cyclical 12.6%$487.2m30,525,029 0% held
5 IVZ Invesco Ltd. Financial Services 10.5%$405.1m23,173,442 0% held
6 Ferguson Plc New 5.5%$214.8m1,237,274 -3% reduced
7 U-Haul Holding Company - B 1.9%$72.0m1,124,700 7% added
8 The Allstate Corporation 1.5%$59.1m306,722 -50% reduced
9 UHAL U-Haul Holding Company Industrials 1.2%$45.0m652,000 45% added
10 GEHC GE HealthCare Technologies Inc. Healthcare 0.0%$315.0k4,029 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.