TRIAN FUND MANAGEMENT, L.P. Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$3.8T

Holdings

10

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (10 positions)

#StockSharesValue% PortfolioType
1
JHGJanus Henderson Group plc
31,867,800$1.2T32.64%
2
GEGE Aerospace
4,030,213$1.0T27.36%
3
SOLVSolventum Corporation
8,462,819$641.8B16.93%
4
WENWendys Co.
30,434,794$347.6B9.17%
5
FERGFerguson Plc New
1,086,357$236.6B6.24%
6
IVZInvesco Ltd.
14,628,455$230.7B6.08%
7
UHALU-Haul Holding Company
353,335$21.4B0.56%
8
ALLThe Allstate Corporation
99,955$20.1B0.53%
9
UHAL/BU-Haul Holding Company - B
338,031$18.4B0.48%
10
GEHCGE HealthCare Technologies Inc.
4,029$298.4M0.01%