TRIAN FUND MANAGEMENT, L.P. — 13F Holdings & Portfolio
CIK 1345471 · latest 13F-HR filed 2026-05-15
TRIAN FUND MANAGEMENT, L.P. manages $3.86B in 13F-reported U.S. long-equity assets across 9 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are JHG (42.41%), GE (29.63%), SOLV (13.93%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 0, added to 1, and trimmed 5.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$3.86B
Long-equity book
9
Distinct positions
2026-03-31
Filed 2026-05-15
+1 / −0 / ↑1 / ↓5
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Trims
- Solventum Corporation-$114.8M -17.6%
- GE Aerospace-$97.8M -7.9%
- Wendys Co.-$42.0M -16.6%
- Invesco Ltd.-$5.9M -7.5%
- GE HealthCare Technologies Inc.-$43.8K -13.2%
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | Janus Henderson Group plc | JHG | G4474Y214 | $1.64B | 42.41% | 31,867,800 | SH |
| 2 | GE Aerospace | GE | 369604301 | $1.14B | 29.63% | 4,030,765 | SH |
| 3 | Solventum Corporation | SOLV | 83444M101 | $537.9M | 13.93% | 8,236,753 | SH |
| 4 | Ferguson Plc New | — | G3421J106 | $253.4M | 6.57% | 1,086,357 | SH |
| 5 | Wendys Co. | WEN | 95058W100 | $107.7M | 2.79% | 15,502,556 | SH |
| 6 | Wendys Co. | WEN | 95058W100 | $103.9M | 2.69% | 14,943,466 | SH |
| 7 | Invesco Ltd. | IVZ | G491BT108 | $72.2M | 1.87% | 2,970,944 | SH |
| 8 | Magnum Ice Cream Co NV | MICC | N5505D105 | $3.6M | 0.09% | 241,042 | SH |
| 9 | GE HealthCare Technologies Inc. | GEHC | 36266G107 | $287.9K | 0.01% | 4,044 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $3.86B | 9 | 0001345471-26-000026 |
| 2025-12-31 | 2026-02-17 | $3.98B | 8 | 0001345471-26-000015 |
| 2025-09-30 | 2025-11-14 | $4.11B | 8 | 0001345471-25-000051 |