Trian Fund Management’s Legg Mason, Inc. LM Stock Holding History

Trian Fund Management’s Portfolio LM Stock Details LM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q2	–	Sell	-3,881,704	Closed	-$190M	–	11
2020 Q1	$190M	Hold	3,881,704	–	–	2.73%	8
2019 Q4	$139M	Hold	3,881,704	–	–	1.47%	8
2019 Q3	$148M	Buy	3,881,704 +3,930	+0.1%	+$149K	1.55%	8
2019 Q2	$148M	Buy	+3,877,774	New	+$134M	1.57%	9
2016 Q2	–	Sell	-11,039,896	Closed	-$383M	–	9
2016 Q1	$383M	Hold	11,039,896	–	–	3.69%	8
2015 Q4	$433M	Hold	11,039,896	–	–	3.51%	9
2015 Q3	$459M	Hold	11,039,896	–	–	3.92%	8
2015 Q2	$569M	Sell	11,039,896 -1,848,068	-14%	-$99.5M	5.5%	7
2015 Q1	$711M	Hold	12,887,964	–	–	8.31%	5
2014 Q4	$688M	Hold	12,887,964	–	–	7.29%	6
2014 Q3	$659M	Buy	12,887,964 +1,471	+0%	+$73K	8.67%	5
2014 Q2	$661M	Hold	12,886,493	–	–	9.73%	5
2014 Q1	$632M	Hold	12,886,493	–	–	10.37%	4
2013 Q4	$560M	Hold	12,886,493	–	–	9.45%	5
2013 Q3	$431M	Buy	12,886,493 +2,156	+0%	+$72.2K	7.89%	6
2013 Q2	$400M	Buy	+12,884,337	New	+$421M	7.87%	6

Other funds holding LM

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

HBK Investments Dallas, Texas $9.85B AUM 55.6% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Bank of Nova Scotia Toronto, Ontario, Canada $57.2B AUM 35.3% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

UOC

UBS O'Connor Chicago, Illinois $3.38B AUM 63.08% 1-Year Est. Return

PCM

Pentwater Capital Management Naples, Florida $19.3B AUM 58.13% 1-Year Est. Return

Carlson Capital Dallas, Texas $318M AUM 27.64% 1-Year Est. Return

Trian Fund Management's LM Position: Q2 2020 in Review

Trian Fund Management sold out of Legg Mason, Inc. (LM) in Q2 2020, closing a stake of 3,881,704 shares — an estimated $190M sold.

Trian Fund Management first reported a position in LM in Q2 2013 and held it in 16 quarters. The position peaked at $711M in Q1 2015. 303 funds tracked by Wall St. Rank hold LM as of Q2 2020.

Trian Fund Management reported no remaining Legg Mason, Inc. position as of Q2 2020 after selling out during the quarter.
Trian Fund Management sold 3,881,704 Legg Mason, Inc. shares in Q2 2020, an estimated $190M.
Trian Fund Management first reported a position in Legg Mason, Inc. in Q2 2013 and held it in 16 quarters.
Trian Fund Management's Legg Mason, Inc. position peaked at $711M in Q1 2015.
303 funds tracked by Wall St. Rank held Legg Mason, Inc. as of Q2 2020.

Based on Trian Fund Management's 13F filing for Q2 2020, filed 14 Aug 2020.