Filed: 11/14/2025ACC: 0001345471-25-000051
📋 What this filing means
TRIAN FUND MANAGEMENT, L.P. filed this quarterly 13F‑HR report disclosing 7 equity positions with a total reported market value of $4.11B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
7
Positions
$4.11B
Total AUM (reported)
90.52M
Total Shares
Allocation by class
ORD SHS$1.42B34.5%
COM NEW$1.21B29.5%
COM SHS$617.79M15.0%
SHS$579.55M14.1%
COM$279.11M6.8%
Portfolio Concentration
Top 3$3.25B79.1%
4–10$858.66M20.9%
Top 3 weight
79.1%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 90.52M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
90.52M
shares
% of voting shares100.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other7
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings7
Rows:
Janus Henderson Group plc
DFNDShares31.87M
TypeSH
Market value$1.42B
34.53%
Sole
0.00
Shared
31.87M
None
0.00
GE Aerospace
DFNDShares4.03M
TypeSH
Market value$1.21B
29.52%
Sole
0.00
Shared
4.03M
None
0.00
Solventum Corporation
DFNDShares8.46M
TypeSH
Market value$617.79M
15.04%
Sole
0.00
Shared
8.46M
None
0.00
Invesco Ltd.
DFNDShares14.63M
TypeSH
Market value$335.58M
8.17%
Sole
0.00
Shared
14.63M
None
0.00
Wendys Co.
DFNDShares30.44M
TypeSH
Market value$278.80M
6.79%
Sole
0.00
Shared
30.44M
None
0.00
Ferguson Plc New
OTRShares1.09M
TypeSH
Market value$243.97M
5.94%
Sole
0.00
Shared
1.09M
None
0.00
GE HealthCare Technologies Inc.
DFNDShares4.03K
TypeSH
Market value$302.6K
<0.01%
Sole
0.00
Shared
4.03K
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Janus Henderson Group plcDFND | ORD SHS | 31.87M | SH | $1.42B 34.53% | 0.00 | 31.87M | 0.00 |
GE AerospaceDFND | COM NEW | 4.03M | SH | $1.21B 29.52% | 0.00 | 4.03M | 0.00 |
Solventum CorporationDFND | COM SHS | 8.46M | SH | $617.79M 15.04% | 0.00 | 8.46M | 0.00 |
Invesco Ltd.DFND | SHS | 14.63M | SH | $335.58M 8.17% | 0.00 | 14.63M | 0.00 |
Wendys Co.DFND | COM | 30.44M | SH | $278.80M 6.79% | 0.00 | 30.44M | 0.00 |
Ferguson Plc NewOTR | SHS | 1.09M | SH | $243.97M 5.94% | 0.00 | 1.09M | 0.00 |
GE HealthCare Technologies Inc.DFND | COM | 4.03K | SH | $302.6K <0.01% | 0.00 | 4.03K | 0.00 |