Trian Fund Management, L.P.

Nelson Peltz

Added to Wendys and trimmed Janus Henderson in Q2 2026.

$4.2B in this filing8 positionstop 10 = 100%

Holdings are from Jun 30, 2026, not today. Filed Aug 12, 2026. Next filing due ~Nov 14, 2026 - a fund that has since had a bad quarter will not show it here until then.

Spot holdings8 positions - $4.2B

1GEGe Aerospace35.61%
$1.5B - 4.0M shares-
2Janus Henderson Group PLC31.53%
$1.3B - 25.7M shares-6.2M
3SOLVSolventum Corporation15.02%
$635.5M - 8.2M shares-

#	Stock					At filing	Now	Market cap	P/E
1	GEGe Aerospace	35.61%	$1.5B	4.0M	-	$373.73	$368.38 -1.4%	$382.2B	43.5
2	Janus Henderson Group PLC	31.53%	$1.3B	25.7M	-6.2M	$52.00	-	-	-
3	SOLVSolventum Corporation	15.02%	$635.5M	8.2M	-	$77.15	$88.59 +14.8%	$15.1B	10.8

5 more on a paid plan

Free shows three. Paid plans unlock the full portfolio, every quarter, and what changed.

Unlock all 5 holdings

What is missing

This filing does not include cash, short positions, private investments, bonds, or many overseas holdings.