13F Filings/Trian Fund Management, L.P.

Trian Fund Management, L.P.

Hedge FundCIK0001345471LocationNEW YORK, NY 10017, United States

Long U.S. equity positions disclosed to the SEC on Form 13F-HR.

Latest filingQ1 2026Quarter ended31 Mar 2026Filed15 May 2026
Firm profile · Form ADV
SEC adviser registration
CRD
154172 · 801-71968
Portfolio Turnover
0%
Of book traded, QoQ
Positions
9
Long U.S. equities
Top 10 Concentration
100%
Of reported value
QoQ Change
$-124.3M
Value change
Assets under management
Form ADV RAUM · client mix · 13F over time
Regulatory AUM
$9.0B
Form ADV, as of Jul 2024
● 69% discretionary ($6.2B)
● 31% non-discretionary ($2.8B)
By client type
Pooled investment vehicles: $6.2B (68.5%) · 21 clients
Pooled investment vehicles
$6.2B · 69%
High-net-worth individuals: $1.6B (17.1%) · 5 clients
High-net-worth individuals
$1.6B · 17%
Corporations: $1.2B (13.6%) · 2 clients
Corporations
$1.2B · 14%
Charitable organizations: $63M (0.7%) · 1 clients
13F AUM over time
$3.9B
Q1 ’26 · 13F AUM
▼ 24%
52 quarters
Sector Breakdown
Latest filing
Unclassified50.9% · $2.0B
Industrials29.6% · $1.1B
Health Care13.9% · $538.1M
Consumer Discretionary5.5% · $211.6M
Reported Holdings
Q1 2026 · sign up free for past quarters
↗
★ Position spotlightGEGE Aerospace · 29.6% of book
🔒
See how this position changed across every quarter
Multi-quarter 13F position history — shares held, buys & sells, and price over time — is a Pro feature. The latest snapshot below stays free.
Security⇅Shares⇅Market Value▼Est. Cost⇅Last Px⇅Est. Return⇅% Portfolio⇅Δ Shares⇅Action⇅
Janus Henderson Group plc
31.87MSH$1.6B~$51.37——42.4%—Unchanged
GE Aerospace
GE· Industrials
4.03MSH$1.1B~$283.77$369.00▲30.0%29.6%—Unchanged
Solventum Corporation
SOLV· Health Care
8.24MSH$537.9M~$65.30$79.53▲21.8%13.9%—Unchanged
Ferguson Plc New
1.09MSH$253.4M~$233.26——6.6%—Unchanged
Wendys Co.
WEN· Consumer Discretionary
15.50MSH$107.7M~$6.95$7.80▲12.2%2.8%▲ 0.0%Added
Wendys Co.
WEN· Consumer Discretionary
14.94MSH$103.9M~$6.95$7.80▲12.2%2.7%▼ 3.6%Reduced
Invesco Ltd.
2.97MSH$72.2M~$24.29——1.9%—Unchanged
Magnum Ice Cream Co NV
241KSH$3.6M~$14.95——0.1%NewNew
GE HealthCare Technologies Inc.
GEHC· Health Care
4KSH$288K~$71.18$65.76▼7.6%0.0%—Unchanged
Janus Henderson Group plcUnchanged
$1.6B· 42.4%· 31.87M SH· —· cost $51.37
ORD SHS · DFND
GEGE AerospaceUnchanged
$1.1B· 29.6%· 4.03M SH· —· cost $283.77· last $369.00· ▲30.0%
Industrials · COM NEW · DFND
SOLVSolventum CorporationUnchanged
$537.9M· 13.9%· 8.24M SH· —· cost $65.30· last $79.53· ▲21.8%
Health Care · COM SHS · DFND
Ferguson Plc NewUnchanged
$253.4M· 6.6%· 1.09M SH· —· cost $233.26
SHS · OTR
WENWendys Co.Added
$107.7M· 2.8%· 15.50M SH· ▲ 0.0%· cost $6.95· last $7.80· ▲12.2%
Consumer Discretionary · COM · OTR
WENWendys Co.Reduced
$103.9M· 2.7%· 14.94M SH· ▼ 3.6%· cost $6.95· last $7.80· ▲12.2%
Consumer Discretionary · COM · DFND
Invesco Ltd.Unchanged
$72.2M· 1.9%· 2.97M SH· —· cost $24.29
SHS · DFND
Magnum Ice Cream Co NVNew
$3.6M· 0.1%· 241K SH· New· cost $14.95
ORD SHS · DFND
GEHCGE HealthCare Technologies Inc.Unchanged
$288K· 0.0%· 4K SH· —· cost $71.18· last $65.76· ▼7.6%
Health Care · COM · DFND
← All 13F filings