TRIAN FUND MANAGEMENT, L.P.

Q3 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
9/30/2025
Date filed
11/14/2025
Form type
13F-HR
Num holdings
7
Total value ($000)
$4,107,247
Net value change ($000)
+315,338 (8.3%)
New positions
0
Sold out positions
3
Turnover %
1.5%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
JANUS HENDERSON GROUP PLC 180,691 14.6%
GE 175,032 16.9%
IVZ 104,886 45.5%
Ferguson (Jersey) Ltd 7,420 3.1%
GEHC 5 1.7%
Top Reduces (Value $000, Stocks/ETFs)
WEN -68,762 -19.8%
SOLV -24,034 -3.7%
UHAL -21,398 -100.0%
The Allstate Corporation -20,122 -100.0%
UHAL -18,379 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type