whalepapers
Investors/ Trian Fund Management, L.P./ Q3 2025

Trian Fund Management, L.P.

Nelson Peltz · As of Q3 2025 · filed Nov 14, 2025

Janus Henderson Group plc
34.5%
Held 31,867,800 $1.42B
GE GENERAL ELECTRIC
29.5%
Held 4,030,213 $1.21B
SOLV SOLVENTUM CORP
15.0%
Held 8,462,819 $617.8M
IVZ INVESCO LTD
8.2%
Held 14,628,455 $335.6M
WEN WENDY'S CO
6.8%
Added +0.0% 30,437,023 $278.8M
FERG1GBX FERGUSON PLC
5.9%
Held 1,086,357 $244.0M
GEHC GE HEALTHCARE TECHNOLOGY
0.0%
Held 4,029 $303K

Sold positions

3 closed in Q3 2025 · shares & value as of prior filing
Holding Shares sold Prior value
UHAL U-HAUL HOLDING CO
353,335 $21.4M
The Allstate Corporation
99,955 $20.1M
UHAL/B U-HAUL HOLDING CO-NON VOTING
338,031 $18.4M

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.