Skip to content
berrytrail

Search

Search managers or tickers

Trian Partners

Q1 2016 13F · by Nelson Peltz, CEO

As of
Mar 31, 2016
Filed
May 13, 2016
US stock
$10.4B · prev $12.3B
Positions
9 · prev 10
Options notional
$0
Documents
1· no amendments

Picture92.5% US stock

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

  • US stock listed on a US exchange 92.5%
  • Foreign stock not listed in the US 7.5%
  • Notes debt, at principal 0.0%
  • Puts at notional value 0.0%
  • Calls at notional value 0.0%

Moves7 since the prior filing

The book

Very concentrated · behaves like 6 equal-sized positions

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

Low turnover · 4.3% a year, about 23.1 years per position

  1. Low
  2. Moderate
  3. High

Top 5 positions85% of US stock

  1. unresolved General Electric Co trimmed+3.08 pp trimmed+3.0822.7%
  2. SYY Sysco Corporation added+5.28 pp added+5.2819.5%
  3. MDLZ Mondelez International, Inc. Class A added+1.09 pp added+1.0918.6%
  4. unresolved Du Pont E I De Nemours & Co added+1.57 pp added+1.5712.5%
  5. BNY Bank of New York Mellon Corporation added+0.95 pp added+0.9511.3%

Positions9 in this filing · 1 exited

unresolvedGeneral Electric Co22.73%74,245,255$2.4Btrimmed−5%+3.08 pp4 q
SYYSysco Corporation19.47%43,271,951$2.0Badded+1%+5.28 pp4 q
MDLZMondelez International, Inc. Class A18.56%48,028,164$1.9Badded0%+1.09 pp12 q
unresolvedDu Pont E I De Nemours & Co12.49%20,485,262$1.3Badded+1%+1.57 pp12 q
BNYBank of New York Mellon Corporation11.29%31,826,733$1.2Badded+3%+0.95 pp9 q
unresolvedPentair PLC7.49%14,335,888$778Madded+5%+1.99 pp4 q
WENThe Wendy's Company4.28%40,792,537$444Mheld—12 q
LMLegg Mason, Inc.3.69%11,039,896$383Mheld—12 q
TIFTiffany & Co.0.01%14,260$1Mheld—12 q
PEPPepsiCo, Inc.—−18,316,211—exited−14.84 pp—

Source

Form
13F-HR
Reading
2 defects · 3 unresolved
Accession
0001345471-16-000115
Options
none in this filing
Notes
none in this filing
SEC cross-check
SEC data set not published yet
  • A security outside the official 13F list — CUSIP G7500T104 not on the Official 13(f) List for 2016-03-31
  • A row was set aside — invalid CUSIP G7500T104