Trian Fund Management (Nelson Peltz) latest 13F portfolio: 8 holdings worth $4.2B as of Q2 2026.
Backtested since 2020: mirroring Trian Fund Management's reported 13F equity holdings each quarter would have returned +121.2% versus +182.3%for the S&P 500 (+13.3% annualized). See the Performance tab for the full equity curve.
Investor: Nelson Peltz
Number of Assets: 8
Reporting Period: Q2 - 2026
Holdings at Report: $4,230,905,202
Return $ Since Report: -$209,289,879
Return % Since Report: -4.95%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Janus Henderson Group PLC (JHG) | Equity | -19.50% | 25,654,382 | 31.53% | $52.00 | $51.95 | $1,334,027,864 | $1,332,745,145 | -$1,282,719 | -0.10% |
| GE Aerospace (GE) | Equity | 0% | 4,030,765 | 35.61% | $373.73 | $314.27 | $1,506,417,803 | $1,266,748,517 | -$239,669,286 | -15.91% |
| Solventum Corp. (SOLV) | Equity | 0% | 8,236,753 | 15.02% | $77.15 | $88.84 | $635,465,494 | $731,753,137 | +$96,287,643 | +15.15% |
| Ferguson Enterprises Inc. (FERG) | Equity | +100% | 1,086,357 | 6.09% | $237.33 | $214.43 | $257,825,107 | $232,947,532 | -$24,877,575 | -9.65% |
| GE Healthcare Technologies Inc. (GEHC) | Equity | +76194.36% | 3,085,344 | 4.67% | $64.01 | $64.13 | $197,492,869 | $197,863,111 | +$370,242 | +0.19% |
| The Wendy'S Company (WEN) | Equity | +0.07% | 30,468,434 | 5.97% | $8.29 | $6.74 | $252,583,318 | $205,357,245 | -$47,226,073 | -18.70% |
| Invesco Ltd. (IVZ) | Equity | -45.29% | 1,625,472 | 1.01% | $26.39 | $30.53 | $42,896,206 | $49,625,660 | +$6,729,454 | +15.69% |
| Magnum Ice Cream Co (MICC) | Equity | 0% | 241,042 | 0.10% | $17.41 | $18.98 | $4,196,541 | $4,574,977 | +$378,436 | +9.02% |