13F filing recap · Q2 2018

What did Trian Fund Management buy in Q2 2018?

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

Stock value

$10.30B

Positions

Estimated turnover

9.7%

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

NVTNvent Electric Plc$440.83Mreported value+17.56M shares PPGPpg Industries Inc$269.03Mreported value+2.59M shares

Increased positions

GEGeneral Electric Company$964.42Mreported value+7.3K shares+0.0%BNYThe Bank of New York Mellon Corporation$870.37Mreported value+2.3K shares+0.0%MDLZMondelez International, Inc.$771.81Mreported value+4.6K shares+0.0%

Reduced positions

SYYSysco Corporation$2.91Breported value-2.28M shares-5.1%PNRPentair Plc$578.16Mreported value-1.67M shares-10.8%WENWendy'S Co$543.41Mreported value-2.41M shares-7.1%