Nelson Peltz - Trian Fund Management 13F Activity & Position Changes (Q1 2014)

According to the SEC 13F filed on Aug 12, 2026, the Trian Fund Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2014. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2014, the filing reported:

New Buys - None reported

Increases - Mondelez International, Inc., Pepsico, Inc.

Reductions - Allegion, Wendy's Company (The)

Complete Exits - None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2014	G0176J109 Allegion	Allegion	Sell	-1,035,667	-25.9%	$154.26K	2,956,888
Q1 2014	MDLZ Mondelez International, Inc.	Mondelez International, Inc.	Buy	+264,915	+0.6%	$1.44M	41,737,993
Q1 2014	PEP Pepsico, Inc.	Pepsico, Inc.	Buy	+73,000	+0.6%	$1.04M	12,421,546
Q1 2014	WEN Wendy's Company (The)	Wendy's Company (The)	Sell	-18,200,000	-21.9%	$590.98K	64,800,245