Trian Fund Management

06/30 holdings · reported 08/12

Portfolio value

$4.2B

Stocks

8

Quarters on file

3

Stock	Shares	Value	Weight	Since the quarter before
General Electric GE	4,030,765 sh	$1.5B35.6%	35.6%	No change
JGJanus Henderson GroupNot in the listed company registry	25,654,382 sh	$1.3B31.5%	31.5%	Trimmed −19.5%
Solventum SOLV	8,236,753 sh	$635.5M15.0%	15.0%	No change
FNFerguson Plc NewNot in the listed company registry	1,086,357 sh	$257.8M6.1%	6.1%	No change
Wendy's WEN	30,468,434 sh	$252.6M6.0%	6.0%	Added +0.1%
GE HealthCare Technologies GEHC	3,085,344 sh	$197.5M4.7%	4.7%	Added +76194.4%
INInvescoNot in the listed company registry	1,625,472 sh	$42.9M1.0%	1.0%	Trimmed −45.3%
MCMagnum Ice CreamNot in the listed company registry	241,042 sh	$4.2M0.1%	0.1%	No change

• 
  Trian Fund Management

  BuyGE HealthCare Technologies

  Buy
  

  GE HealthCare Technologies

  GEHC

  est. $197.2M

  3,081,300 sh

  est. $197.2M

  Reported 08/12

  06/30 holdings