Nelson Peltz’s Trian buys Disney, cuts Sysco in Q4

Nelson Peltz’s Trian Fund Management disclosed in an SEC filing its holdings as of December 31, 2022. The fund’s one new buy during the fourth quarter was Disney (DIS). Trian exited its position in one holding, P&G (PG), increased its stake in one holding, General Electric (GE), and reduced its stake in one holding, Sysco (SYY). The fund’s top holdings as of December 31, in order of size, were Invesco (IVZ), Disney, Janus Henderson (JHG), Wendy’s (WEN), and GE.