Nelson Peltz - Trian Fund Management 13F Activity & Position Changes (Q1 2023)

As of Mar 31, 2023, the Trian Fund Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2023. 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 2023, the filing reported:

New Buys - GE HealthCare Technologies Inc.

Increases - GE Aerospace, Mondelez International, Inc.

Reductions - Walt Disney Company (The), Ferguson, Invesco, Wendy's Company (The)

Complete Exits - Sysco Corporation

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 2023	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-3,113,116	-34.5%	$592.44M	5,916,684
Q1 2023	FERG Ferguson	Ferguson	Sell	-5,354,181	-47.7%	$784.31M	5,864,000
Q1 2023	GE GE Aerospace	GE Aerospace	Buy	+507	+0.0%	$385.17M	4,028,998
Q1 2023	GEHC GE HealthCare Technologies Inc.	GE HealthCare Technologies Inc.	Buy - Position Entry	+1,342,830	-	$110.15M	1,342,830
Q1 2023	IVZ Invesco	Invesco	Sell	-21,818,538	-39.1%	$556.62M	33,940,096
Q1 2023	MDLZ Mondelez International, Inc.	Mondelez International, Inc.	Buy	+291	+1.8%	$1.15M	16,530
Q1 2023	SYY Sysco Corporation	Sysco Corporation	Sell - Position Exit	-4,540	-100.0%	$0.00	-
Q1 2023	WEN Wendy's Company (The)	Wendy's Company (The)	Sell	-3,627,569	-14.3%	$472.75M	21,705,770