Trian Fund Management’s Trane Technologies TT Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-2,835,302	Closed	-$144M	–	12
2015 Q3	$144M	Sell	2,835,302 -4,453,828	-61%	-$266M	1.23%	10
2015 Q2	$491M	Sell	7,289,130 -1,281,163	-15%	-$87.7M	4.75%	8
2015 Q1	$583M	Sell	8,570,293 -4,250,758	-33%	-$281M	6.82%	7
2014 Q4	$813M	Hold	12,821,051	–	–	8.62%	5
2014 Q3	$723M	Buy	12,821,051 +842,137	+7%	+$51M	9.5%	4
2014 Q2	$749M	Sell	11,978,914 -1,144	-0%	-$68K	11.02%	3
2014 Q1	$686M	Buy	11,980,058 +2,382	+0%	+$142K	11.25%	3
2013 Q4	$738M	Sell	11,977,676 -4,178,124	-26%	-$230M	12.44%	3
2013 Q3	$838M	Sell	16,155,800 -709,476	-4%	-$34.8M	15.35%	3
2013 Q2	$748M	Buy	+16,865,276	New	+$750M	14.73%	3

Other funds holding TT

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

GIM

Generation Investment Management London, United Kingdom $11.2B AUM 0.58% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

Trian Fund Management's TT Position: Q4 2015 in Review

Trian Fund Management sold out of Trane Technologies (TT) in Q4 2015, closing a stake of 2,835,302 shares — an estimated $144M sold.

Trian Fund Management first reported a position in TT in Q2 2013 and held it in 10 quarters. The position peaked at $838M in Q3 2013. 553 funds tracked by Wall St. Rank hold TT as of Q4 2015.

Trian Fund Management reported no remaining Trane Technologies position as of Q4 2015 after selling out during the quarter.
Trian Fund Management sold 2,835,302 Trane Technologies shares in Q4 2015, an estimated $144M.
Trian Fund Management first reported a position in Trane Technologies in Q2 2013 and held it in 10 quarters.
Trian Fund Management's Trane Technologies position peaked at $838M in Q3 2013.
553 funds tracked by Wall St. Rank held Trane Technologies as of Q4 2015.

Based on Trian Fund Management's 13F filing for Q4 2015, filed 16 Feb 2016.