13F filing recap · Q3 2018

What did Trian Fund Management buy in Q3 2018?

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

Stock value

$10.34B

Positions

Estimated turnover

5.8%

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.$808.71Mreported value+93 shares+0.0%GEGeneral Electric Company$800.07Mreported value+4.1K shares+0.0%PPGPpg Industries Inc$452.15Mreported value+1.55M shares+59.8%

Reduced positions

SYYSysco Corporation$2.76Breported value-4.91M shares-11.5%PNRPentair Plc$521.79Mreported value-1.70M shares-12.4%