TRIAN FUND MANAGEMENT, L.P. Long-Term Concentrated

Location: New York, NY

CIK: 0001345471 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 14, 2025

Total Value: $3.881B (100.0% shares, 0.0% debt)

Holdings (10)

JHG Janus Henderson Group plc 34.9%

Value $1.355B Shares 31,867,800 Est. Cost $43.24 Unrealized -2.0%

GE General Electric Co. 17.3%

Value $672M Shares 4,030,213 Est. Cost $62.95 Unrealized +181.4%

SOLV Solventum Corporation 14.4%

Value $559M Shares 8,462,819 Est. Cost $62.06 Unrealized +12.8%

WEN Wendys Co. 12.8%

Value $498M Shares 30,525,029 Est. Cost $11.83 Unrealized +54.3%

IVZ Invesco Ltd. 10.4%

Value $405M Shares 23,173,442 Est. Cost $11.52 Unrealized +47.1%

FERG1GBX Ferguson Plc New 5.5%

Value $215M Shares 1,237,274 Est. Cost $118.60 Unrealized —

UHAL/B U-Haul Holding Company - B 1.9%

Value $72.04M Shares 1,124,700 Est. Cost $63.36 Unrealized +3.8%

— The Allstate Corporation 1.5%

Value $59.13M Shares 306,722 Est. Cost $111.41 Unrealized —

UHAL U-Haul Holding Company 1.2%

Value $45.05M Shares 652,000 Est. Cost $67.69 Unrealized +7.1%

GEHC GE HealthCare Technologies Inc. 0.0%

Value $315K Shares 4,029 Est. Cost $71.08 Unrealized +19.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JHG	Janus Henderson Group plc	31,867,800	$1.355B	34.9%	$43.24	-2.0%	ORD SHS	G4474Y214
GE	General Electric Co.	4,030,213	$672M	17.3%	$62.95	+181.4%	COM NEW	369604301
SOLV	Solventum Corporation	8,462,819	$559M	14.4%	$62.06	+12.8%	COM SHS	83444M101
WEN	Wendys Co.	30,525,029	$498M	12.8%	$11.83	+54.3%	COM	95058W100
IVZ	Invesco Ltd.	23,173,442	$405M	10.4%	$11.52	+47.1%	SHS	G491BT108
FERG1GBX	Ferguson Plc New	1,237,274	$215M	5.5%	$118.60	—	SHS	G3421J106
UHAL/B	U-Haul Holding Company - B	1,124,700	$72.04M	1.9%	$63.36	+3.8%	COM SER N	023586506
—	The Allstate Corporation	306,722	$59.13M	1.5%	$111.41	—	COM	200021014
UHAL	U-Haul Holding Company	652,000	$45.05M	1.2%	$67.69	+7.1%	COM	023586100
GEHC	GE HealthCare Technologies Inc.	4,029	$315K	0.0%	$71.08	+19.4%	COM	36266G107