13F filing recap · Q1 2013

What did Trian Fund Management buy in Q1 2013?

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

Stock value

$4.68B

Positions

Estimated turnover

37.1%

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.

Increased positions

MDLZMondelez International, Inc.$1.23Breported value+20.89M shares+107.6%PEPPepsico, Inc.$951.76Mreported value+8.10M shares+205.9%FDOFamily Dollar Stores Inc$529.61Mreported value+1.3K shares+0.0%

Reduced positions

STTState Street Corporation$139.19Mreported value-796.7K shares-25.3%TIFTiffany & Co.$741.0Kreported value-993.5K shares-98.9%

Exited positions

MWVMeadwestvaco Corp$50.84Mprior reported value-1.60M shares-100.0%