Q2 2026 · SEC CIK 0001345471
Nelson Peltz portfolio
SuperinvestorHedge fundTrian Fund Management, L.P. filed on 2026-08-12. Open SEC filings ↗
- Reported 13F value
- $4.2B
- Reported positions
- 8
- Eligible equities
- 6
- Holdings vs S&P 500, 3 years
- -2.2 pts
Average holding period of the top positions: 5.0 yrs. Holdings vs the S&P 500 over 1 and 5 years: +3.5 pts, -3.6 pts.
In its Q2 2026 13F, filed 2026-08-12, Trian Fund Management, L.P. reported 8 positions worth $4.2B. Its largest holdings were GE Aerospace (GE, 35.6%), Solventum Corporation (SOLV, 15.0%), Wendys Co. (WEN, 6.0%). Over the last 3 years its top holdings ran 2.2 points a year behind the S&P 500.
Reported holdings in the Q2 2026 13F.
The portfolio weight uses the full reported share-portfolio denominator. Weight changes compare this 13F with the one before it; price moves also change weights, so these are not trade labels. “New” means the position was not in the previous 13F at all; “—” marks a small position the earlier filing data does not cover.
| Stock | % of reported portfolio | Weight change | Reported value |
|---|---|---|---|
| GEGE Aerospace | 35.6% | +5.97 pp | $1.5B |
| SOLVSolventum Corporation | 15.0% | +1.08 pp | $635.5M |
| WENWendys Co. | 6.0% | +0.49 pp | $252.6M |
| GEHCGE HealthCare Technologies Inc. | 4.7% | +4.66 pp | $197.5M |
| IVZInvesco Ltd. | 1.0% | -0.86 pp | $42.9M |
| MICCMagnum Ice Cream Co NV | 0.1% | +0.01 pp | $4.2M |
What Nelson Peltz bought and sold in Q2 2026, against Q1 2026.
New positions
No new positions among the largest holdings.
Added to
- GEHC Ge Healthcare Technologies I+76194.4% shares
Reduced
- IVZ Invesco Ltd Ord Shs-45.3% shares
- JHG Janus Henderson Group PLC-19.5% shares
Sold out
Nothing sold out.
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +23.5% /yr
- S&P 500 +20.1%
- 3 years
- +16.9% /yr
- S&P 500 +20.4%
- 5 years
- +7.0% /yr
- S&P 500 +11.6%
A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.
Questions about Nelson Peltz's portfolio
What stocks does Nelson Peltz own?
Trian Fund Management, L.P.'s latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 8 positions worth $4.2B. The largest are Ge Aerospace (GE) at 35.6%, Janus Henderson Group PLC (JHG) at 31.5%, Solventum Corp (SOLV) at 15.0%, Ferguson Plc New (FERG) at 6.1% and Wendys Company Com (WEN) at 6.0%.
What did Nelson Peltz buy last quarter?
In Q2 2026, Trian Fund Management, L.P. added Ge Healthcare Technologies I (GEHC) (+76194.4% shares), compared with its Q1 2026 filing.
What did Nelson Peltz sell last quarter?
In Q2 2026, Trian Fund Management, L.P. Invesco Ltd Ord Shs (IVZ) (-45.3% shares) and Janus Henderson Group PLC (JHG) (-19.5% shares), compared with its Q1 2026 filing.
How has Nelson Peltz's portfolio performed?
A portfolio copying Trian Fund Management, L.P.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +16.9% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +23.5% against +20.1%. Over 5 years: +7.0% a year against +11.6%.
When is Trian Fund Management, L.P.'s next 13F filing due?
13F filings are due 45 days after each quarter ends. Trian Fund Management, L.P.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.
How much money does Trian Fund Management, L.P. manage?
Trian Fund Management, L.P. reported $10.4B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $4.2B.