13F HOLDINGS REPORT
TRIAN FUND MANAGEMENT, L.P.
Quarter ended Q2 2025 · Filed August 14, 2025 · Accession 0001345471-25-000028
Total Value
$3.79B
Positions
11
Other Managers
3
Confidential Omitted
No
Holdings (11)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Janus Henderson Group plc | JHG | 31,867,800 | $1.24B | 32.64% |
| 2 | GE Aerospace | 369604301 | 4,030,213 | $1.04B | 27.36% |
| 3 | Solventum Corporation | SOLV | 8,462,819 | $641.8M | 16.93% |
| 4 | Ferguson Plc New | G3421J106 | 1,086,357 | $236.6M | 6.24% |
| 5 | Invesco Ltd. | IVZ | 14,628,455 | $230.7M | 6.08% |
| 6 | Wendys Co. | 95058W100 | 15,491,328 | $176.9M | 4.67% |
| 7 | Wendys Co. | 95058W100 | 14,943,466 | $170.7M | 4.50% |
| 8 | U-Haul Holding Company | UHAL-B | 353,335 | $21.4M | 0.56% |
| 9 | The Allstate Corporation | 200021014 | 99,955 | $20.1M | 0.53% |
| 10 | U-Haul Holding Company - B | UHAL-B | 338,031 | $18.4M | 0.48% |
| 11 | GE HealthCare Technologies Inc. | GEHC | 4,029 | $298,428 | 0.01% |