Nelson Peltz - Trian Fund Management Portfolio (Q1 2026)

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Trian Fund Management, Nelson Peltz, has built a diversified portfolio of 7 publicly traded holdings with a total market value of $3.9B as of Mar 31, 2026. This comprehensive analysis examines the latest 13F filing data to understand the investment strategy and recent portfolio adjustments.

The portfolio demonstrates a concentrated approach to stock selection, with the top holding representing 42.4% of the total portfolio value. The top 5 holdings account for 98.0% of the overall portfolio allocation.

Recent portfolio activity shows 10 significant position adjustments, indicating active portfolio management and strategic repositioning. These changes reflect the investor's response to market conditions and evolving investment thesis.

Portfolio Statistics

7
Total Holdings
$3.9B
Portfolio Value
Mar 31, 2026
Latest Filing
42.4%
Largest Position

Top Holdings Analysis

The portfolio's top holdings reveal the investor's core investment thesis and sector preferences. The largest position in Janus Henderson Group plc (JHG) represents 42.4% of the total portfolio, valued at $1.6B.

Rank Symbol Company Value Portfolio % Change
1 JHG Janus Henderson Group plc $1.6B 42.4% -
2 GE GE Aerospace $1.1B 29.6% +0.0%
3 SOLV Solventum Corporation $537.9M 13.9% -2.7%
4 FERG Ferguson Plc New $253.4M 6.6% -
5 WEN Wendys Co. $211.6M 5.5% +0.0%

For a complete analysis of all holdings and detailed portfolio breakdown by sector and market cap, visit our comprehensive holdings page.

Recent Portfolio Activity

Recent portfolio adjustments provide insights into the investor's evolving strategy and market outlook. The following table shows the top 10 most significant position changes from recent reporting periods (out of 128 total transactions), sorted by the magnitude of change.

For a complete history of all portfolio transactions and detailed activity analysis, visit our comprehensive activity page.

Symbol Company Quantity Change Date Action
IVZ Invesco -11,657,511 Mar 31, 2026 SELL
SOLV Solventum Corporation -226,066 Mar 31, 2026 SELL
WEN Wendy's Company (The) +8,999 Mar 31, 2026 BUY
GE GE Aerospace +552 Mar 31, 2026 BUY
GEHC GE HealthCare Technologies Inc. +15 Mar 31, 2026 BUY
UHAL U-Haul Holding Company -353,335 Sep 30, 2025 SELL
UHAL-B U-Haul Holding Company Series N -338,031 Sep 30, 2025 SELL
ALL Allstate -99,955 Sep 30, 2025 SELL
WEN Wendy's Company (The) +2,229 Sep 30, 2025 BUY
IVZ Invesco -8,544,987 Jun 30, 2025 SELL

Investment Strategy Insights

Trian Fund Management's investment approach can be analyzed through several key metrics. The portfolio's concentration in top holdings suggests a high-conviction investment strategy, with significant positions in companies that align with the investor's long-term thesis.

The largest position in Janus Henderson Group plc (JHG) demonstrates strong conviction in this particular investment opportunity. indicating active portfolio management and strategic positioning.

Portfolio turnover can be assessed through recent activity patterns. The 10 most significant transactions shown here (out of 128 total transactions) suggest a highly active approach to portfolio management, with frequent strategic adjustments and position changes.

Additional Analysis

Complete Holdings

View all 7 holdings with detailed analysis

Trading Activity

Track all portfolio transactions and position changes

Performance Metrics

Analyze profit, winning trades, and investment returns

Sector Allocation

Analyze portfolio breakdown by sector and industry

Trian Fund Management's portfolio as of Mar 31, 2026 reflects a strategic approach to equity investing with 7 holdings valued at $3.9B. The concentrated position in Janus Henderson Group plc and other top holdings demonstrates the investor's confidence in specific investment themes and long-term value creation opportunities. Recent activity indicates ongoing portfolio optimization and strategic repositioning.

For the most current portfolio data and detailed analysis, refer to the latest SEC 13F filings and our comprehensive holdings and activity pages, which are updated regularly with the latest filing information.

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