Trian Fund Management, L.P.
Trian Fund Management, L.P., known as Trian Partners, is a multi-billion dollar alternative investment management firm headquartered in New York City. Founded in 2005 by Nelson Peltz, Peter May, and Ed Garden, Trian specializes in activist investing, focusing on public companies in consumer, industrial, and financial sectors. The firm leverages decades of operating experience to enhance value by working constructively with company management and boards, aiming to improve long-term earnings through strategic redirection, operational improvements, and efficient capital allocation. Trian employs approximately 50–65 professionals and serves institutional and large-scale investors globally.
Investment Strategy
Trian Partners employs an activist investment strategy, targeting high-quality but undervalued and underperforming public companies primarily within the consumer, industrial, and financial sectors. The firm seeks to unlock shareholder value by collaborating with company management and boards to initiate operational improvements, strategic realignment, and capital allocation changes. Trian often takes significant ownership stakes and seeks board representation to drive change, emphasizing long-term earnings growth and value enhancement through disciplined, hands-on engagement.
Top Holdings
Equity Positions (8)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
J JHG | Janus Henderson Group plc | 32.64% | $1.24B | 31,867,800 | $41.16 | $38.84 | +$85.7M |
G GE | GE Aerospace | 27.36% | $1.04B | 4,030,213 | $64.12 | $257.39 | +$230.7M |
S SOLV | Solventum Corporation | 16.93% | $641.8M | 8,462,819 | $57.57 | $75.84 | -$1.7M |
W WEN | Wendys Co. | 9.17% | $347.6M | 30,434,794 | $11.69 | $11.42 | -$97.5M |
I IVZ | Invesco Ltd. | 6.08% | $230.7M | 14,628,455 | $14.91 | $15.77 | -$120.9M |