Trian Fund Management
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Nelson Peltz's Trian Fund Management reported 8 stock positions worth $4.2 billion. Its top holding was General Electric (GE) at 35.6% of the portfolio, followed by Janus Henderson (JHG, 31.5%) and Solventum (SOLV, 15.0%). Compared with Q1 2026, it added to 2 and reduced 2. The biggest buy was GE Healthcare Technology (GEHC, shares +76194%) and the biggest sale Janus Henderson (JHG, shares −20%).
- Most Recent 13F
- Q2 2026
- Notable People
- Nelson Peltz
- Location
- NEW YORK, NY
- CIK
- 0001345471
- Portfolio Value
- $4.2B (Q2 2026)
- SEC Filing
- 0001345471-26-000035 ↗ filed Aug 12, 2026
Holdings Value
Holdings 8 stocks · $4.2B
| GE General Electric filed as GE AEROSPACE | 35.61% | 4,030,765 | $1.5B | No change |
| JHG Janus Henderson Group PLC | 31.53% | 25,654,382 | $1.3B | Reduce -19.5% |
| SOLV Solventum Corp. | 15.02% | 8,236,753 | $635.5M | No change |
| FERG Ferguson Jersey Ltd. | 6.09% | 1,086,357 | $257.8M | No change |
| WEN The Wendy's Co. | 5.97% | 30,468,434 | $252.6M | Add +0.1% |
| GEHC GE Healthcare Technology | 4.67% | 3,085,344 | $197.5M | Add +76194.4% |
| IVZ Invesco Ltd. | 1.01% | 1,625,472 | $42.9M | Reduce -45.3% |
| MICC The Magnum Ice Cream Co. NV | 0.10% | 241,042 | $4.2M | No change |
Portfolio Sells Q1 2026 → Q2 2026
Portfolio Buys Q1 2026 → Q2 2026
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 8 | $4.2B | GE, JHG, SOLV, FERG, WEN |
| Q1 2026 | 8 | $3.9B | JHG, GE, SOLV, FERG, WEN |
| Q4 2025 | 7 | $4.0B | JHG, GE, SOLV, WEN, FERG |
| Q3 2025 | 7 | $4.1B | JHG, GE, SOLV, IVZ, WEN |
| Q2 2025 | 10 | $3.8B | JHG, GE, SOLV, WEN, FERG |
| Q1 2025 | 10 | $3.7B | JHG, GE, SOLV, WEN, IVZ |
| Q4 2024 | 10 | $3.9B | JHG, GE, SOLV, WEN, IVZ |
| Q3 2024 | 10 | $3.9B | JHG, GE, WEN, SOLV, IVZ |
| Q2 2024 | 12 | $4.1B | JHG, GE, WEN, IVZ, FERG |
| Q1 2024 | 9 | $8.0B | DIS, JHG, GE, WEN, IVZ |