13F filing recap · Q3 2022

What did Trian Fund Management buy in Q3 2022?

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

Stock value

$3.80B

Positions

Estimated turnover

6.7%

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.

Increased positions

GEGeneral Electric Company$249.33Mreported value+659 shares+0.0%PGProcter & Gamble Co$706.0Kreported value+132 shares+2.4%

Reduced positions

FERGFerguson Enterprises Inc.$1.15Breported value-1.61M shares-12.5%SYYSysco Corporation$507.52Mreported value-1.62M shares-18.4%