TRIAN FUND MANAGEMENT, L.P.
CIK: 0001345471Latest portfolio: $4.0B · Q4 2025
Holdings
7
Total Value
$4.0B
New Positions
0
Closed Positions
0
Top Holdings
| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | JHGJanus Henderson Group plc | 31,867,800 | $1.5B | 38.05% | — | |
| 2 | GEGE Aerospace | 4,030,765 | $1.2B | 31.16% | +552 | |
| 3 | SOLVSolventum Corporation | 8,236,753 | $652.7M | 16.38% | -226,066 | |
| 4 | WENWendys Co. | 30,440,318 | $253.6M | 6.36% | +3K | |
| 5 | FERGFerguson Plc New | 1,086,357 | $241.9M | 6.07% | — | |
| 6 | IVZInvesco Ltd. | 2,970,944 | $78.0M | 1.96% | -11,657,511 | |
| 7 | GEHCGE HealthCare Technologies Inc. | 4,044 | $331K | 0.01% | +15 |
Sector Breakdown
Industrials0.0% ($1241.6T)
Financial Services0.0% ($151.6T)
Healthcare0.0% ($652.7B)
Consumer Cyclical0.0% ($253.6M)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 17, 2026 | $4.0B | 8 |
| Q3 2025 | Nov 14, 2025 | $4.1T | 8 |
| Q2 2025 | Aug 14, 2025 | $3.8T | 11 |
| Q1 2025 | May 15, 2025 | $3.7T | 11 |
| Q4 2024 | Feb 14, 2025 | $3.9T | 11 |
| Q3 2024 | Nov 13, 2024 | $3891.0T | 11 |
| Q2 2024 | Aug 14, 2024 | $4099.8T | 14 |
| Q1 2024 | May 15, 2024 | $8021.5T | 12 |
| Q4 2023 | Feb 14, 2024 | $7006.7T | 12 |
| Q3 2023 | Nov 14, 2023 | $6574.6T | 12 |
| Q2 2023 | Aug 14, 2023 | $3880.7T | 8 |
| Q1 2023 | May 15, 2023 | $3751.6T | 8 |
| Q4 2022 | Feb 14, 2023 | $3.9T | 9 |
| Q3 2022 | Nov 14, 2022 | $3.8T | 9 |
| Q2 2022 | Aug 12, 2022 | $4.5T | 9 |
| Q1 2022 | May 13, 2022 | $6.0T | 9 |
| Q4 2021 | Feb 11, 2022 | $7.5T | 10 |
| Q3 2021 | Nov 12, 2021 | $8.0T | 10 |
| Q2 2021 | Aug 13, 2021 | $8.6T | 10 |
| Q1 2021 | May 14, 2021 | $8.5T | 10 |
| Q4 2020 | Feb 12, 2021 | $6.8T | 8 |
| Q3 2020 | Nov 16, 2020 | $6.1T | 9 |
| Q2 2020 | Aug 14, 2020 | $4.8T | 7 |
| Q1 2020 | May 15, 2020 | $6.9T | 8 |
| Q4 2019 | Feb 14, 2020 | $9.5T | 8 |
| Q3 2019 | Nov 14, 2019 | $9.6T | 8 |
| Q2 2019 | Aug 14, 2019 | $9.5T | 9 |
| Q1 2019 | May 15, 2019 | $9.3T | 8 |
| Q4 2018 | Feb 14, 2019 | $9.2T | 9 |
| Q3 2018 | Nov 14, 2018 | $10.3T | 9 |
| Q2 2018 | Aug 14, 2018 | $10.0T | 8 |
| Q1 2018 | May 15, 2018 | $9.9T | 7 |
| Q4 2017 | Feb 14, 2018 | $11.8T | 7 |
| Q3 2017 | Nov 14, 2017 | $13.0T | 8 |
| Q2 2017 | Aug 11, 2017 | $13.3T | 8 |
| Q1 2017 | May 12, 2017 | $13.3T | 8 |
| Q4 2016 | Feb 14, 2017 | $11.1T | 8 |
| Q3 2016 | Nov 14, 2016 | $10.2T | 7 |
| Q2 2016 | Aug 12, 2016 | $10.5T | 7 |
| Q1 2016 | May 13, 2016 | $10.4T | 9 |
Fund Information
TRIAN FUND MANAGEMENT, L.P. is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $4.0B across 7 holdings. The largest position is Janus Henderson Group plc (JHG), representing 38.1% of the portfolio. Compared to the previous quarter, the fund opened 0 new positions and closed 0 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.