Trian Fund Management, L.P.

Nelson Peltz

Added to WEN and trimmed Janus Henderson in Q2 2026.

$4.2B in this filing8 positions

Holdings as of Jun 30, 2026. Filed Aug 12, 2026.

1GEGe Aerospace35.61%
$1.5B - 4.0M shares-
2Janus Henderson Group PLC31.53%
$1.3B - 25.7M shares-19.5%
3SOLVSolventum Corporation15.02%
$635.5M - 8.2M shares-

#	Stock				At Jun 30	Now
1	GEGe Aerospace	35.61%	$1.5B	-	$373.73	$319.78 -14.4%
2	Janus Henderson Group PLC	31.53%	$1.3B	-19.5%	$52.00	-
3	SOLVSolventum Corporation	15.02%	$635.5M	-	$77.15	$89.50 +16.0%

5 more on a paid plan

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What is missing

Top 10 concentration: 100%. This filing does not include cash, short positions, private investments, bonds, or many overseas holdings. Next filing due ~Nov 14, 2026.

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