TRIAN FUND MANAGEMENT, L.P.

Est. AUM

$3.76B

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	Janus Henderson Group plc	ORD SHS	$1.64B	31867800	43.59%	DFND
2	GE Aerospace	COM NEW	$1.14B	4030765	30.45%	DFND
3	Solventum Corporation	COM SHS	$537.9M	8236753	14.32%	DFND
4	Ferguson Plc New	SHS	$253.4M	1086357	6.75%	OTR
5	Wendys Co.	COM	$107.7M	15502556	2.87%	OTR
6	Invesco Ltd.	SHS	$72.2M	2970944	1.92%	DFND
7	Magnum Ice Cream Co NV	ORD SHS	$3.6M	241042	0.10%	DFND
8	GE HealthCare Technologies Inc.	COM	$288K	4044	0.01%	DFND

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.