Nelson Peltz - Trian Fund Management 13F Activity & Position Changes (Q3 2019)

As of Sep 30, 2019, the Trian Fund Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 15, 2026. 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 Q3 2019, the filing reported:

New Buys - None reported

Increases - Mondelez International, Inc., Procter & Gamble Company (The)

Reductions - The Bank of New York Mellon Cor, Wendy's Company (The)

Complete Exits - PPG Industries, Inc.

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
Q3 2019	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-467,215	-3.7%	$549.50K	12,154,366
Q3 2019	MDLZ Mondelez International, Inc.	Mondelez International, Inc.	Buy	+42	+0.0%	$1.04M	18,828,318
Q3 2019	PG Procter & Gamble Company (The)	Procter & Gamble Company (The)	Buy	+14	+0.0%	$4.56M	36,630,557
Q3 2019	PPG PPG Industries, Inc.	PPG Industries, Inc.	Sell - Position Exit	-4,224,826	-100.0%	$0.00	-
Q3 2019	WEN Wendy's Company (The)	Wendy's Company (The)	Sell	-2,000,000	-7.0%	$532.08K	26,630,629