Nelson Peltz (Trian Fund Management) portfolio: Q2 2026 13F
Every US-listed position Trian Fund Management reported in its 13F for Q2 2026, the quarter ended Jun 30, 2026, filed with the SEC on Aug 12, 2026. 8 positions at the quarter end, with none opened or closed during it.
Holdings at Q2 2026
| Ticker | Company | Allocation | Value | Shares | Change |
|---|---|---|---|---|---|
| GE | General Electric Co | 35.61% | $1.51B | 4,030,765 | Unchanged |
| JHG | Janus Henderson Group plc | 31.53% | $1.33B | 25,654,382 | Trimmed |
| SOLV | Solventum Corp | 15.02% | $635.47M | 8,236,753 | Unchanged |
| FERG | Ferguson Enterprises Inc. | 6.09% | $257.83M | 1,086,357 | Unchanged |
| WEN | Wendy's Co | 5.97% | $252.58M | 30,468,434 | Added |
| GEHC | GE HealthCare Technologies Inc. | 4.67% | $197.49M | 3,085,344 | Added |
| IVZ | Invesco Ltd. | 1.01% | $42.90M | 1,625,472 | Trimmed |
| MICC | Magnum Ice Cream Co N.V. | 0.10% | $4.20M | 241,042 | Unchanged |
What changed in Q2 2026
| Action | Ticker | Company | Share change | Value |
|---|---|---|---|---|
| Trimmed | JHG | Janus Henderson Group plc | -6,213,418 | $1.33B |
| Added | WEN | Wendy's Co | +22,412 | $252.58M |
| Added | GEHC | GE HealthCare Technologies Inc. | +3,081,300 | $197.49M |
| Trimmed | IVZ | Invesco Ltd. | -1,345,472 | $42.90M |
About these holdings
The 13F on record for Nelson Peltz (Trian Fund Management), filed on Aug 12, 2026, reports 8 positions as of Jun 30, 2026. The largest is General Electric Co (GE) at 35.6% of the reported portfolio, followed by Janus Henderson Group plc (JHG, 31.5%) and Solventum Corp (SOLV, 15.0%). The three largest make up 82.2% of it. Against the previous quarter, it added to 2 and trimmed 2. The largest position it added to is Wendy's Co (WEN), now 6.0%.
General Electric Co (GE), the largest position, is also held by 9 other investors tracked here. Of those, Chris Hohn, AKO Capital, Polen Capital Mgmt and Christopher Bloomstran hold the most of it as a share of their own portfolios. It is also the largest position of Chris Hohn.
Other investors
Guy SpierLi LuValley Forge CapitalJohn PaulsonClifford SosinAltaRock PartnersGreg AlexanderGlenn Welling