Skip to content
berrytrail

Search

Search managers or tickers

Trian Partners

Q4 2015 13F · by Nelson Peltz, CEO

As of
Dec 31, 2015
Filed
Feb 16, 2016
US stock
$12.3B · prev $11.7B
Positions
10 · prev 12
Options notional
$0
Documents
1· no amendments

Picture94.5% US stock

Full picture · of what this 13F reports is US stock

  • US stock listed on a US exchange 94.5%
  • Foreign stock not listed in the US 5.5%
  • Notes debt, at principal 0.0%
  • Puts at notional value 0.0%
  • Calls at notional value 0.0%

Moves8 since the prior filing

The book

Very concentrated · behaves like 7 equal-sized positions

  1. Very concentrated
  2. Concentrated
  3. Focused
  4. Diversified

Low turnover · 3.7% a year, about 26.8 years per position

  1. Low
  2. Moderate
  3. High

Top 5 positions77% of US stock

  1. unresolved General Electric Co trimmed+0.15 pp trimmed+0.1519.6%
  2. MDLZ Mondelez International, Inc. Class A added+0.31 pp added+0.3117.5%
  3. PEP PepsiCo, Inc. held held14.8%
  4. SYY Sysco Corporation added+0.41 pp added+0.4114.2%
  5. unresolved Du Pont E I De Nemours & Co trimmed+0.30 pp trimmed+0.3010.9%

Positions10 in this filing · 2 exited

unresolvedGeneral Electric Co19.65%77,781,541$2.4Btrimmed−14%+0.15 pp3 q
MDLZMondelez International, Inc. Class A17.47%48,028,124$2.2Badded0%+0.31 pp11 q
PEPPepsiCo, Inc.14.84%18,316,211$1.8Bheld—11 q
SYYSysco Corporation14.19%42,685,607$1.8Badded+3%+0.41 pp3 q
unresolvedDu Pont E I De Nemours & Co10.92%20,224,075$1.3Btrimmed−22%+0.30 pp11 q
BNYBank of New York Mellon Corporation10.34%30,935,516$1.3Badded+2%+0.24 pp8 q
unresolvedPentair PLC5.50%13,681,877$678Madded+5%−0.17 pp3 q
WENThe Wendy's Company3.56%40,792,537$439Mheld—11 q
LMLegg Mason, Inc.3.51%11,039,896$433Mheld—11 q
TIFTiffany & Co.0.01%14,260$1Mheld—11 q
unresolvedIngersoll-Rand Plc—−2,835,302—exited−1.23 pp—
CCThe Chemours Company—−4,879,376—exited−0.27 pp—

Source

Form
13F-HR
Reading
2 defects · 3 unresolved
Accession
0001345471-16-000099
Options
none in this filing
Notes
none in this filing
SEC cross-check
SEC data set not published yet
  • A row was set aside — invalid CUSIP G7500T104
  • A security outside the official 13F list — CUSIP G7500T104 not on the Official 13(f) List for 2015-12-31