TRIAN FUND MANAGEMENT, L.P.tracked
Open in PORT →Compare →Tear sheet →← all managersCIK 1345471
Reported long US book (13F) · Δ vs 2025-Q4 · methodology
Implied return what this book implies methodology →
As filed = each book applied at quarter-end (what it did) · As copyable = applied at the 45-day filing deadline (what a follower could have earned).
Computing…
Exposures · what it owns, by sector & size (2026-Q1)
By sector
By market cap
By region
By industry group GICS — finer than sector
| Industry group | Weight | Names |
|---|---|---|
| Capital Markets | 44.28% | 2 |
| Electrical Equipment & Components | 29.63% | 1 |
| Health Care Equipment & Supplies | 13.94% | 2 |
| Unclassified | 6.66% | 2 |
| Hotels, Restaurants & Leisure | 5.48% | 1 |
Top holdings
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | JHG | JANUS HENDERSON GROUP PLC | Financials | 42.41% |
| 2 | GE | GENERAL ELECTRIC CO | Industrials | 29.63% |
| 3 | SOLV | Solventum Corp | Health Care | 13.93% |
| 4 | Ferguson Plc New | Unclassified | 6.57% | |
| 5 | WEN | Wendy's Co | Consumer Discretionary | 5.48% |
| 6 | IVZ | Invesco Ltd. | Financials | 1.87% |
| 7 | MICC | MAGNUM ICE CREAM CO NV | Unclassified | 0.09% |
| 8 | GEHC | GE HealthCare Technologies Inc. | Health Care | 0.01% |
6/8 classified; unclassified names are still shown.
Sector allocation over time · how the sector mix & top names shifted each quarter
Sector allocation over 52 reported quarters, 2013-Q2 to 2026-Q1, 27 bands (top holdings within each sector). Latest quarter 2026-Q1: JHG 42.4%, GE 29.6%, SOLV 13.9%, Ferguson Plc New 6.6%, WEN 5.5%. Use the arrow keys to read a quarter.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 93.3% of the book is classified (unclassified names are still shown).
Style box · size × value-growth placement (2026-Q1), classified on today's fundamentals (not point-in-time) — load into PORT to overlay your own book
Classified: 50.9% of book weight (5/8 names) · unclassified 49.1%.
Contribution holdings-based, any period
Attribution lands once this book has priced history across the window. Try a longer period.
Holdings· 8 positions (2026-Q1) · largest first · Δ vs 2025-Q4
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | JHGJANUS HENDERSON GROUP PLC | 31,867,800 | $1.6B | 42.4% | HOLD |
| 2 | GEGE AEROSPACE | 4,030,765 | $1.1B | 29.6% | HOLD |
| 3 | SOLVSOLVENTUM CORP | 8,236,753 | $538M | 13.9% | HOLD |
| 4 | Ferguson Plc New | 1,086,357 | $253M | 6.6% | HOLD |
| 5 | WENWENDYS CO | 30,446,022 | $212M | 5.5% | HOLD |
| 6 | IVZINVESCO LTD | 2,970,944 | $72M | 1.9% | HOLD |
| 7 | MICCMAGNUM ICE CREAM CO NV | 241,042 | $4M | 0.1% | NEW |
| 8 | GEHCGE HEALTHCARE TECHNOLOGIES I | 4,044 | $287,852 | 0.0% | HOLD |
Position trends· top 8 holdings · shares held over 6 quarters
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| JHGJANUS HENDERSON GROUP PLC | 31.9M | 31.9M | 31.9M | 31.9M | 31.9M | 31.9M | $1.6B |
| GEGE AEROSPACE | 4.0M | 4.0M | 4.0M | 4.0M | 4.0M | 4.0M | $1.1B |
| SOLVSOLVENTUM CORP | 8.5M | 8.5M | 8.5M | 8.5M | 8.2M | 8.2M | $538M |
| Ferguson Plc New | 1.2M | 1.0M | 1.1M | 1.1M | 1.1M | 1.1M | $253M |
| WENWENDYS CO | 30.5M | 30.4M | 30.4M | 30.4M | 30.4M | 30.4M | $212M |
| IVZINVESCO LTD | 23.2M | 23.2M | 14.6M | 14.6M | 3.0M | 3.0M | $72M |
| MICCMAGNUM ICE CREAM CO NV | — | — | — | — | — | 241K | $4M |
| GEHCGE HEALTHCARE TECHNOLOGIES I | 4K | 4K | 4K | 4K | 4K | 4K | $287,852 |
Green = added, red = trimmed, grey = held; a dash is a quarter with no 13F on file — a gap, not an exit.
Related· where to look next
Where this firm's principals came from, and what its alumni went on to found.
joins filed 13F data only — no style, strategy or performance similarity is claimed · 13F 2026-Q1
Also hold JHG — other Section 13(f) filers reporting a long position in this book's largest tickered holding for 2026-Q1. Lagged quarterly filings (up to 45 days after quarter-end); “% of shares out” is omitted where the reported share count can't carry it.
Filers outside the free window show locked, not hidden.