13F filing recap · Q3 2021

What did Trian Fund Management buy in Q3 2021?

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

Stock value

$8.04B

Positions

Estimated turnover

18.6%

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

GEGeneral Electric Company$414.76Mreported value+4.03M shares

Increased positions

JHGJanus Henderson Group Plc$979.62Mreported value+2.48M shares+11.7%

Reduced positions

FERGFerguson Enterprises Inc.$1.77Breported value-388.4K shares-3.0%CMCSAComcast Corporation$1.12Breported value-806.0K shares-3.9%SYYSysco Corporation$1.05Breported value-4.49M shares-25.1%PGProcter & Gamble Co$736.68Mreported value-522.3K shares

Exited positions

GEGeneral Electric Company$433.43Mprior reported value-32.20M shares-100.0%