13F filing recap · Q4 2012

What did Trian Fund Management buy in Q4 2012?

Reported stock-position changes between this filing and the previous one.

Stock value

$3.13B

Positions

Estimated turnover

47.9%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

MDLZMondelez International, Inc.$494.18Mreported value+19.42M shares PEPPepsico, Inc.$269.11Mreported value+3.93M shares MWVMeadwestvaco Corp$50.84Mreported value+1.60M shares

Reduced positions

STTState Street Corporation$148.19Mreported value-5.99M shares-65.5%

Exited positions

KFTKraft Foods Inc$336.25Mprior reported value-8.13M shares-100.0%