Nelson Peltz - Trian Fund Management Portfolio Balances (Sep 30, 2025)

As of Sep 30, 2025, the Trian Fund Management portfolio balances reported a total equity value of $4.11B across 7 publicly traded holdings. These balances reflect the most recent SEC 13F filing dated Nov 14, 2025, providing an updated snapshot of assets under management.

The portfolio balances highlight Janus Henderson Group plc (JHG) as the single largest position, accounting for 34.5% of total equity value, followed by GE Aerospace (GE), Solventum Corporation (SOLV), Invesco Ltd. (IVZ), and others. Collectively, the top five holdings represent 94.1% of the portfolio, showing how capital is distributed among core positions and long-term investments.