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

Location: NEW YORK, NY

CIK: 0001345471 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $3.86B (100.0% shares, 0.0% debt)

Holdings (8)

New Positions (1)

MICC Magnum Ice Cream Co NV 0.1%

Value $3.604M Shares 241,042 Est. Cost $16.81 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MICC	Magnum Ice Cream Co NV	241,042	$3.604M	0.1%	$16.81	0.0%	ORD SHS	N5505D105

Unchanged Positions (7)

JHG Janus Henderson Group plc 42.4%

Value $1.637B Shares 31,867,800 Est. Cost $43.24 Unrealized +12.1%

SOLV Solventum Corporation 13.9%

Value $538M Shares 8,236,753 Est. Cost $62.06 Unrealized +26.3%

GE GE Aerospace 29.6%

Value $1.144B Shares 4,030,765 Est. Cost $62.95 Unrealized +405.5%

WEN Wendys Co. 5.5%

Value $212M Shares 30,446,022 Est. Cost $11.83 Unrealized -32.1%

FERG1GBX Ferguson Plc New 6.6%

Value $253M Shares 1,086,357 Est. Cost $125.69 Unrealized —

IVZ Invesco Ltd. 1.9%

Value $72.16M Shares 2,970,944 Est. Cost $11.52 Unrealized +138.2%

GEHC GE HealthCare Technologies Inc. 0.0%

Value $288K Shares 4,044 Est. Cost $71.08 Unrealized +15.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JHG	Janus Henderson Group plc	31,867,800	$1.637B	42.4%	$43.24	+12.1%	ORD SHS	G4474Y214
SOLV	Solventum Corporation	8,236,753	$538M	13.9%	$62.06	+26.3%	COM SHS	83444M101
GE	GE Aerospace	4,030,765	$1.144B	29.6%	$62.95	+405.5%	COM NEW	369604301
WEN	Wendys Co.	30,446,022	$212M	5.5%	$11.83	-32.1%	COM	95058W100
FERG1GBX	Ferguson Plc New	1,086,357	$253M	6.6%	$125.69	—	SHS	G3421J106
IVZ	Invesco Ltd.	2,970,944	$72.16M	1.9%	$11.52	+138.2%	SHS	G491BT108
GEHC	GE HealthCare Technologies Inc.	4,044	$288K	0.0%	$71.08	+15.7%	COM	36266G107