Nelson Peltz - Trian Fund Management 13F Activity & Position Changes (Q4 2025)

According to the SEC 13F filed on Feb 17, 2026, the Trian Fund Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2025. 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 Q4 2025, the filing reported:

New Buys - None reported

Increases - GE Aerospace, GE HealthCare Technologies Inc., Wendy's Company (The)

Reductions - Invesco, Solventum Corporation

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
Q4 2025	GE GE Aerospace	GE Aerospace	Buy	+552	+0.0%	$1.24B	4,030,765
Q4 2025	GEHC GE HealthCare Technologies Inc.	GE HealthCare Technologies Inc.	Buy	+15	+0.4%	$331.69K	4,044
Q4 2025	IVZ Invesco	Invesco	Sell	-11,657,511	-79.7%	$78.05M	2,970,944
Q4 2025	SOLV Solventum Corporation	Solventum Corporation	Sell	-226,066	-2.7%	$652.68M	8,236,753
Q4 2025	WEN Wendy's Company (The)	Wendy's Company (The)	Buy	+3,295	+0.0%	$253.57M	30,440,318