Nelson Peltz's Portfolio Dominated by Healthcare and Aerospace Stocks

Trian Fund Management's Portfolio Highlights

As of September 30, 2025, Trian Fund Management's portfolio is predominantly invested in a few key sectors. The largest allocation, at 34.53%, comes from Janus Henderson Group plc (JHG), a global leader in asset management and investment services.

GE Aerospace (GE) follows with a 29.52% share, emphasizing the Industrials sector. This sector continues to be a significant component of the portfolio, reflecting Trian's strategic focus on high-growth industries.

Solventum Corporation (SOLV), operating in the Healthcare sector, holds the third largest position at 15.04%. This allocation underscores the portfolio's emphasis on sectors with strong growth potential and stability.

Notable Holdings and Sector Concentrations

The portfolio also includes Wendys Co. (WEN) in the Consumer Cyclical sector, contributing an additional 6.79% to the total investment. This reflects a balanced approach that integrates multiple sectors for diversification.

While Janus Henderson Group and GE Aerospace form the core of the portfolio, other investments like Ferguson Plc New (FERG) and GE HealthCare Technologies Inc. (GEHC) provide exposure to different industries, ensuring a diversified investment strategy.

Investment Strategy Overview

Trian Fund Management's strategy appears to be centered around high-growth sectors with significant market presence. The portfolio's concentration in the Healthcare and Aerospace sectors highlights a focus on established and rapidly expanding markets.

By maintaining a balanced allocation across multiple industries, Trian minimizes risk while capitalizing on diverse growth opportunities. This approach allows for sustained returns without overexposure to any single sector.

The presence of notable holdings like Janus Henderson Group and GE Aerospace further supports this strategy, ensuring that the portfolio remains aligned with long-term market trends and investor objectives.