TRIAN FUND MANAGEMENT, L.P. Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$4.0B

Holdings

7

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (7 positions)

#StockSharesValue% PortfolioType
1
JHGJanus Henderson Group plc
31,867,800$1.5B38.05%
2
GEGE Aerospace
4,030,765$1.2B31.16%
3
SOLVSolventum Corporation
8,236,753$652.7M16.38%
4
WENWendys Co.
30,440,318$253.6M6.36%
5
FERGFerguson Plc New
1,086,357$241.9M6.07%
6
IVZInvesco Ltd.
2,970,944$78.0M1.96%
7
GEHCGE HealthCare Technologies Inc.
4,044$331K0.01%