TRIAN FUND MANAGEMENT, L.P.

NEW YORK, NY · CIK 0001345471

Portfolio Value: $7.01B

Positions: 9

Period: 2023-12-31

Filed: 2024-02-14

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024

New positions

Added to

Trimmed

Exited

TRIAN FUND MANAGEMENT, L.P. Q4 2023 13F Filing Summary

TRIAN FUND MANAGEMENT, L.P. (NEW YORK, NY) reported a portfolio value of $7.01B across 9 positions in their Q4 2023 SEC 13F filing (period ending 2023-12-31). The top 10 positions account for 100.0% of the portfolio.

Top holdings: DIS$2.92B·JHG$960.81M·Ferguson Plc New$809.01M·WEN$612.98M·IVZ$605.49M

Holdings Heatmap

DIS41.7% · $2.92B-1.6%JHG13.7%G3421J11.5%-22.6%WEN8.7%-5.6%IVZ8.6%GE7.3%+0.0%

2000215.6% · $390.98M-23.3%GEHC1.5% · $103.83M+0.0%SYY1.3% · $89.47M

Top 9 holdings by portfolio weight. Block width = holding percentage. Green = new/increased, red = reduced, gray = unchanged.

Largest Trades This Quarter

Largest Adds2

GE HealthCare Technologies Inc.

$103.83M

+0.0%

Largest Reductions4

200021

The Allstate Corporation

The Walt Disney Company

$2.92B

-1.6%

All Holdings

#	Stock	Value↓	Shares	Weight	Change
1	DISThe Walt Disney Company	$2.92B	32,337,856	41.67%	-1.6%
2	JHGJanus Henderson Group plc	$960.81M	31,867,800	13.71%	-
3	Ferguson Plc New	$809.01M	4,190,252	11.55%	-22.6%
4	WENWendys Co.	$612.98M	31,467,150	8.75%	-5.6%
5	IVZInvesco Ltd.	$605.49M	33,940,096	8.64%	-
6	GEGeneral Electric Co.	$514.38M	4,030,213	7.34%	+0.0%
7	The Allstate Corporation	$390.98M	2,793,098	5.58%	-23.3%
8	GEHCGE HealthCare Technologies Inc.	$103.83M	1,342,833	1.48%	+0.0%
9	SYYSysco Corporation	$89.47M	1,223,500	1.28%	-

Position Changes

Stock	Value	Shares	Share Chg	% Chg
GEGeneral Electric Co.	$514.38M	4,030,213	+373	+0.0%
GEHCGE HealthCare Technologies Inc.	$103.83M	1,342,833	+3	+0.0%

Get the weekly smart-money digest

One weekly email with notable insider buys, sells and congressional disclosures. Unsubscribe anytime.