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 |
GE Aerospace
GE
|
+$1.34B |
| 2 |
Sysco
SYY
|
+$382M |
| 3 |
Mondelez International
MDLZ
|
+$154K |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$75.9K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wendy's
WEN
|
+$119M |
| 2 |
Allegion
ALLE
|
+$101M |
| 3 |
LM
Legg Mason, Inc.
LM
|
+$99.5M |
| 4 |
Trane Technologies
TT
|
+$87.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 39.17% |
| 2 | Financials | 17.75% |
| 3 | Industrials | 17.49% |
| 4 | Materials | 15.18% |
| 5 | Consumer Discretionary | 5.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Mondelez International
MDLZ
$82.3B
| $1.98B | 19.09% |
48,028,053
+3,936
| +0% | +$154K |
|
2
PepsiCo
PEP
$196B
| $1.71B | 16.52% |
18,316,211
| – | – |
|
|
DD
3
DELISTED
Du Pont De Nemours E I
DD
| $1.57B | 15.18% |
25,864,927
| – | – |
|
|
4
GE Aerospace
GE
$361B
| $1.32B | 12.74% |
+10,354,312
| New | +$1.34B |
|
|
BNY
5
Bank of New York Mellon
BNY
$108B
| $1.27B | 12.26% |
30,225,639
| – | – |
|
|
6
Wendy's
WEN
$1.72B
| $609M | 5.89% |
54,024,581
-10,775,664
| -17% | -$119M |
|
|
LM
7
DELISTED
Legg Mason, Inc.
LM
| $569M | 5.5% |
11,039,896
-1,848,068
| -14% | -$99.5M |
|
|
8
Trane Technologies
TT
$99.8B
| $491M | 4.75% |
7,289,130
-1,281,163
| -15% | -$87.7M |
|
|
9
Sysco
SYY
$40.2B
| $369M | 3.56% |
+10,218,418
| New | +$382M |
|
|
TIF
10
DELISTED
Tiffany & Co.
TIF
| $1.31M | 0.01% |
14,260
+848
| +6% | +$75.9K |
|
|
FDO
11
DELISTED
FAMILY DOLLAR STORES
FDO
| $290K | ﹤0.01% |
3,679
| – | – |
|
|
12
Allegion
ALLE
$13.8B
| – | – |
-1,655,388
| Closed | -$101M |
|
Similar funds
Nelson Peltz's Q2 2015 Portfolio in Review
As of Q2 2015, Nelson Peltz held 13 positions worth $10.4B, up 21% from $8.56B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Nelson Peltz deployed $1.78B of net new capital in Q2 2015, opening 3 new positions and adding to 2 existing holdings. Its largest new stake was GE Aerospace: 10,354,312 shares worth $1.32B.
By sector, the portfolio is most concentrated in Consumer Staples at 39% of assets, down from 41% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Wendy's, an estimated $119M trimmed.
- Nelson Peltz's largest Q2 2015 buy was GE Aerospace: 10,354,312 shares worth $1.32B.
- Nelson Peltz added most to Mondelez International in Q2 2015, an estimated $154K increase.
- Nelson Peltz's biggest Q2 2015 reduction was Wendy's, cutting an estimated $119M.
- Nelson Peltz fully exited Allegion in Q2 2015, selling an estimated $101M.
- Nelson Peltz's ten largest holdings make up 100% of its $10.4B portfolio in Q2 2015.
- Nelson Peltz opened 3 new positions and closed 1 in Q2 2015.
- Nelson Peltz's portfolio value rose 21% quarter-over-quarter to $10.4B.
Based on Trian Fund Management's 13F filing for Q2 2015, filed 14 Aug 2015.