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 |
Sysco
SYY
|
+$1.19B |
| 2 |
GE Aerospace
GE
|
+$1.05B |
| 3 |
Chemours
CC
|
+$51.1M |
| 4 |
BNY
Bank of New York Mellon
BNY
|
+$127K |
| 5 |
Mondelez International
MDLZ
|
+$1.47K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Trane Technologies
TT
|
+$266M |
| 2 |
Wendy's
WEN
|
+$128M |
| 3 |
DD
Du Pont De Nemours E I
DD
|
+$3.36M |
| 4 |
FDO
FAMILY DOLLAR STORES
FDO
|
+$290K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 45.68% |
| 2 | Industrials | 20.72% |
| 3 | Financials | 14.02% |
| 4 | Materials | 10.88% |
| 5 | Consumer Discretionary | 3.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
GE Aerospace
GE
$361B
| $2.28B | 19.5% |
18,897,598
+8,543,286
| +83% | +$1.05B |
|
|
2
Mondelez International
MDLZ
$82.3B
| $2.01B | 17.16% |
48,028,087
+34
| +0% | +$1.47K |
|
3
PepsiCo
PEP
$196B
| $1.73B | 14.74% |
18,316,211
| – | – |
|
|
4
Sysco
SYY
$40.2B
| $1.61B | 13.78% |
41,412,900
+31,194,482
| +305% | +$1.19B |
|
|
DD
5
DELISTED
Du Pont De Nemours E I
DD
| $1.24B | 10.62% |
25,801,884
-63,043
| -0.2% | -$3.36M |
|
|
BNY
6
Bank of New York Mellon
BNY
$108B
| $1.18B | 10.1% |
30,228,703
+3,064
| +0% | +$127K |
|
|
LM
7
DELISTED
Legg Mason, Inc.
LM
| $459M | 3.92% |
11,039,896
| – | – |
|
|
8
Wendy's
WEN
$1.72B
| $353M | 3.01% |
40,792,537
-13,232,044
| -24% | -$128M |
|
|
9
Trane Technologies
TT
$99.8B
| $144M | 1.23% |
2,835,302
-4,453,828
| -61% | -$266M |
|
|
10
Chemours
CC
$2.4B
| $31.6M | 0.27% |
+4,879,376
| New | +$51.1M |
|
|
TIF
11
DELISTED
Tiffany & Co.
TIF
| $1.1M | 0.01% |
14,260
| – | – |
|
|
FDO
12
DELISTED
FAMILY DOLLAR STORES
FDO
| – | – |
-3,679
| Closed | -$290K |
|
Similar funds
Nelson Peltz's Q3 2015 Portfolio in Review
As of Q3 2015, Nelson Peltz held 13 positions worth $11.7B, up 13% from $10.4B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Nelson Peltz deployed $2.21B of net new capital in Q3 2015, opening 1 new position and adding to 5 existing holdings. Its largest new stake was Chemours: 4,879,376 shares worth $31.6M.
By sector, the portfolio is most concentrated in Consumer Staples at 46% of assets, up from 39% a quarter earlier, followed by Industrials and Financials.
On the sell side, the largest reduction was Trane Technologies, an estimated $266M trimmed.
- Nelson Peltz's largest Q3 2015 buy was Chemours: 4,879,376 shares worth $31.6M.
- Nelson Peltz added most to Sysco in Q3 2015, an estimated $1.19B increase.
- Nelson Peltz's biggest Q3 2015 reduction was Trane Technologies, cutting an estimated $266M.
- Nelson Peltz fully exited FAMILY DOLLAR STORES in Q3 2015, selling an estimated $290K.
- Nelson Peltz's ten largest holdings make up 100% of its $11.7B portfolio in Q3 2015.
- Nelson Peltz opened 1 new position and closed 1 in Q3 2015.
- Nelson Peltz's portfolio value rose 13% quarter-over-quarter to $11.7B.
Based on Trian Fund Management's 13F filing for Q3 2015, filed 13 Nov 2015.