13F filing recap · Q4 2019

What did Trian Fund Management buy in Q4 2019?

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

Stock value

$9.48B

Positions

Estimated turnover

5.9%

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.

Increased positions

SYYSysco Corporation$2.03Breported value+4.5K shares+0.0%MDLZMondelez International, Inc.$1.04Breported value+47 shares+0.0%GEGeneral Electric Company$716.77Mreported value+35 shares+0.0%

Reduced positions

PGProcter & Gamble Co$4.02Breported value-4.48M shares-12.2%