Nelson Peltz – Trian Fund Management Portfolio Activity & Recent Trades (Sep 30, 2025)
As of Sep 30, 2025, the Trian Fund Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q3 2025, the filing reported:
New Buys –
None reported
Increases – Wendy's Company (The)
Reductions –
None reported
Complete Exits – Allstate, U-Haul Holding Company, U-Haul Holding Company Series N
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
Q3 2025 | ALL Allstate | Sell - Position Exit | -99,955 |
Q3 2025 | UHAL U-Haul Holding Company | Sell - Position Exit | -353,335 |
Q3 2025 | UHAL-B U-Haul Holding Company Series N | Sell - Position Exit | -338,031 |
Q3 2025 | WEN Wendy's Company (The) | Buy | +2,229 |
Q2 2025 | ALL Allstate | Sell | -217,695 |
Q2 2025 | FERG Ferguson | Buy | +77,592 |
Q2 2025 | IVZ Invesco | Sell | -8,544,987 |
Q2 2025 | UHAL U-Haul Holding Company | Sell | -298,665 |
Q2 2025 | UHAL-B U-Haul Holding Company Series N | Sell | -786,669 |
Q2 2025 | WEN Wendy's Company (The) | Buy | +11,111 |
Q1 2025 | ALL Allstate | Buy | +10,928 |
Q1 2025 | FERG Ferguson | Sell | -228,509 |
Q1 2025 | WEN Wendy's Company (The) | Sell | -101,346 |
Q4 2024 | ALL Allstate | Sell | -306,725 |
Q4 2024 | FERG Ferguson | Sell | -33,536 |
Q4 2024 | SOLV Solventum Corporation | Buy | +1,336,564 |
Q4 2024 | UHAL U-Haul Holding Company | Buy | +202,405 |
Q4 2024 | UHAL-B U-Haul Holding Company Series N | Buy | +75,645 |
Q4 2024 | WEN Wendy's Company (The) | Buy | +12,434 |
Q3 2024 | ALL Allstate | Sell | -1,400,061 |
Q3 2024 | DIS Walt Disney Company (The) | Sell - Position Exit | -2,645,583 |
Q3 2024 | FERG Ferguson | Sell | -683,053 |
Q3 2024 | GEHC GE HealthCare Technologies Inc. | Sell | -1,338,804 |
Q3 2024 | IVZ Invesco | Sell | -4,050,292 |
Q3 2024 | RTO Rentokil Initial plc | Sell - Position Exit | -470,000 |
Q3 2024 | SOLV Solventum Corporation | Buy | +1,765,676 |
Q3 2024 | UHAL U-Haul Holding Company | Buy | +59,895 |
Q3 2024 | UHAL-B U-Haul Holding Company Series N | Buy | +139,755 |
Q3 2024 | WEN Wendy's Company (The) | Sell | -995,273 |
Q2 2024 | ALL Allstate | Sell | -223,761 |