13F filing recap · Q2 2019

What did Trian Fund Management buy in Q2 2019?

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

Stock value

$9.48B

Positions

Estimated turnover

6.3%

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

LMLegg Mason Inc$148.44Mreported value+3.88M shares

Increased positions

SYYSysco Corporation$1.67Breported value+489.6K shares+2.1%MDLZMondelez International, Inc.$1.01Breported value+3.4K shares+0.0%

Reduced positions

PGProcter & Gamble Co$4.02Breported value-71.5K shares-0.2%GEGeneral Electric Company$674.28Mreported value-6.65M shares-9.4%BNYThe Bank of New York Mellon Corporation$557.24Mreported value-618.6K shares-4.7%PPGPpg Industries Inc$493.08Mreported value-1.76M shares