Nelson Peltz Trian Fund Management
Nelson Peltz is a founding partner of Trian Fund Management and one of the best-known activist investors of the past two decades. Trian typically takes large stakes in established companies and pushes for operational improvement, portfolio focus, and capital-return discipline. Peltz’s campaigns at major consumer, industrial, and financial companies keep Trian firmly in the public spotlight.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
BNY
Bank of New York Mellon
BNY
|
+$308M |
| 2 |
DD
Du Pont De Nemours E I
DD
|
+$23.4M |
| 3 |
Mondelez International
MDLZ
|
+$9.05M |
| 4 |
PepsiCo
PEP
|
+$5.93M |
| 5 |
Trane Technologies
TT
|
+$142K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wendy's
WEN
|
+$167M |
| 2 |
Allegion
ALLE
|
+$52M |
| 3 |
Lazard
LAZ
|
+$4.31M |
| 4 |
GNC
GNC Holdings, Inc.
GNC
|
+$19.8K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 48.62% |
| 2 | Financials | 20.87% |
| 3 | Industrials | 14.04% |
| 4 | Consumer Discretionary | 9.71% |
| 5 | Materials | 6.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Mondelez International
MDLZ
$82.3B
| $1.44B | 23.65% |
41,737,993
+264,915
| +0.6% | +$9.05M |
|
|
2
PepsiCo
PEP
$196B
| $1.04B | 17.01% |
12,421,546
+73,000
| +0.6% | +$5.93M |
|
|
3
Trane Technologies
TT
$99.8B
| $686M | 11.25% |
11,980,058
+2,382
| +0% | +$142K |
|
|
LM
4
DELISTED
Legg Mason, Inc.
LM
| $632M | 10.37% |
12,886,493
| – | – |
|
|
5
Wendy's
WEN
$1.72B
| $591M | 9.69% |
64,800,245
-18,200,000
| -22% | -$167M |
|
|
FDO
6
DELISTED
FAMILY DOLLAR STORES
FDO
| $485M | 7.96% |
8,366,386
+1,389
| +0% | +$87.7K |
|
|
DD
7
DELISTED
Du Pont De Nemours E I
DD
| $412M | 6.76% |
6,466,856
+382,198
| +6% | +$23.4M |
|
|
BNY
8
Bank of New York Mellon
BNY
$108B
| $329M | 5.4% |
+9,330,230
| New | +$308M |
|
|
9
Lazard
LAZ
$4.3B
| $311M | 5.1% |
6,606,540
-95,840
| -1% | -$4.31M |
|
|
10
Allegion
ALLE
$13.8B
| $154M | 2.53% |
2,956,888
-1,035,667
| -26% | -$52M |
|
|
GNC
11
DELISTED
GNC Holdings, Inc.
GNC
| $15.8M | 0.26% |
359,254
-400
| -0.1% | -$19.8K |
|
|
TIF
12
DELISTED
Tiffany & Co.
TIF
| $1.09M | 0.02% |
12,632
| – | – |
|
Similar funds
Nelson Peltz's Q1 2014 Portfolio in Review
As of Q1 2014, Nelson Peltz held 12 positions worth $6.1B, up 2.8% from $5.93B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Nelson Peltz's Q1 2014 filing shows 1 new, 5 increased and 4 reduced positions. Its largest new stake was Bank of New York Mellon: 9,330,230 shares worth $329M. The largest sale was Wendy's, an estimated $167M.
By sector, the portfolio is most concentrated in Consumer Staples at 49% of assets, down from 51% a quarter earlier, followed by Financials and Industrials.
- Nelson Peltz's largest Q1 2014 buy was Bank of New York Mellon: 9,330,230 shares worth $329M.
- Nelson Peltz added most to Du Pont De Nemours E I in Q1 2014, an estimated $23.4M increase.
- Nelson Peltz's biggest Q1 2014 reduction was Wendy's, cutting an estimated $167M.
- Nelson Peltz's ten largest holdings make up 100% of its $6.1B portfolio in Q1 2014.
- Nelson Peltz opened 1 new position and closed 0 in Q1 2014.
- Nelson Peltz's portfolio value rose 2.8% quarter-over-quarter to $6.1B.
Based on Trian Fund Management's 13F filing for Q1 2014, filed 15 May 2014.