Trian boosts stake in nVent, General Electric, cuts P&G position - InvestingChannel

Trian boosts stake in nVent, General Electric, cuts P&G position

Nelson Peltz’s Trian Fund Management disclosed in an SEC filing its holdings as of March 31, 2020. Trian increased its stake in two holdings during the first quarter, including by size of previous position, nVent Electric (NVT) and General Electric (GE). Trian reduced its stake in three holdings, including by size of previous position, Procter & Gamble (PG), Bank of New York Mellon Corp (BK), and Mondelez (MDLZ). Trian’s top holdings as of March 31, in order of size, were Procter & Gamble, Sysco (SYY), Mondelez, General Electric, and Wendy’s (WEN).