Trian Fund Management, L.P.
Institutional investor · Portfolio as of Q1 2021
Top Holdings9 positions
 Sysco Corporation | 20.6M | $1.6B | 19.2% | $64.86 | +4.96% | 7 qtrssince 2019-Q3 | Unchanged 0 |
| 13.2M | $1.6B | 18.7% | — | — | 1 qtr | New 100 | |
 The Procter & Gamble Company | 8.9M | $1.2B | 14.2% | $103.43 | +12.96% | 7 qtrssince 2019-Q3 | Decreased 0 |
 Comcast Corporation | 19.9M | $1.1B | 12.7% | $34.64 | +21.41% | 4 qtrssince 2020-Q2 | Unchanged 0 |
 Invesco Ltd | 36.7M | $955.3M | 11.3% | $8.59 | +134.71% | 4 qtrssince 2020-Q2 | Increased 65 |
 Mondelez International, Inc. | 9.4M | $549.2M | 6.5% | $46.24 | +9.36% | 7 qtrssince 2019-Q3 | Decreased 0 |
 The Wendy's Company | 26.6M | $539.5M | 6.4% | $15.21 | +3.85% | 7 qtrssince 2019-Q3 | Unchanged 0 |
 Janus Henderson Group plc | 16.4M | $509.8M | 6.0% | $16.88 | +45.97% | 3 qtrssince 2020-Q3 | Unchanged 0 |
 GE Aerospace | 32.2M | $422.7M | 5.0% | $43.12 | +47.85% | 7 qtrssince 2019-Q3 | Increased 60 |
| Quarter | Reported value in US dollars | Reported value change |
|---|---|---|
| 2019-Q4 | $9,484,455,000 | -0.996428777216% |
| 2020-Q1 | $6,939,048,000 | -26.8376728025% |
| 2020-Q2 | $5,529,242,000 | -20.3169944926% |
| 2020-Q3 | $6,051,330,000 | 9.44230692019% |
| 2020-Q4 | $6,757,106,000 | 11.6631550419% |
| 2021-Q1 | $8,456,751,000 | 25.1534458687% |
Trian Fund Management, L.P. manages $8.5B across 9 positions as of Q1 2021. Top holdings: SYY (19.2%), FERGL (18.7%), PG (14.2%). Fund DNA: Concentrated Value. HoldingsIntel Score: 4/5.0.
Added FERGL; increased 2, led by IVZ (+2,196 shares); trimmed 2, led by MDLZ (−2.9M shares). Top move: FERGL (NEW, conviction 100). Portfolio: $8.5B across 9 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
Verify source filings on SEC EDGAR