Trian Fund Management (Nelson Peltz) latest 13F portfolio: 8 holdings worth $3.9B as of Q1 2026.
Backtested since 2020: mirroring Trian Fund Management's reported 13F equity holdings each quarter would have returned +140.8% versus +185.2%for the S&P 500 (+15.2% annualized). See the Performance tab for the full equity curve.
Investor: Nelson Peltz
Number of Assets: 8
Reporting Period: Q1 - 2026
Holdings at Report: $3,859,778,188
Return $ Since Report: +$652,055,692
Return % Since Report: +16.89%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Janus Henderson Group PLC (JHG) | Equity | 0% | 31,867,800 | 42.41% | $51.37 | $51.95 | $1,637,048,886 | $1,655,532,210 | +$18,483,324 | +1.13% |
| Invesco Ltd. (IVZ) | Equity | 0% | 2,970,944 | 1.87% | $24.29 | $31.84 | $72,164,230 | $94,594,857 | +$22,430,627 | +31.08% |
| Magnum Ice Cream Co (MICC) | Equity | +100% | 241,042 | 0.09% | $14.95 | $18.91 | $3,603,578 | $4,556,899 | +$953,321 | +26.45% |
| Solventum Corp. (SOLV) | Equity | 0% | 8,236,753 | 13.93% | $65.30 | $85.49 | $537,859,971 | $704,160,014 | +$166,300,043 | +30.92% |
| GE Aerospace (GE) | Equity | 0% | 4,030,765 | 29.63% | $283.77 | $381.99 | $1,143,810,184 | $1,539,711,922 | +$395,901,738 | +34.61% |
| GE Healthcare Technologies Inc. (GEHC) | Equity | 0% | 4,044 | 0.01% | $71.18 | $69.91 | $287,852 | $282,716 | -$5,136 | -1.78% |
| The Wendy'S Company (WEN) | Equity | +0.02% | 30,446,022 | 5.48% | $6.95 | $7.80 | $211,599,853 | $237,326,741 | +$25,726,888 | +12.16% |
| Ferguson Enterprises Inc. (FERG) | Equity | 0% | 1,086,357 | 6.57% | $233.26 | $253.76 | $253,403,634 | $275,668,521 | +$22,264,887 | +8.79% |