2023-05-15 18:34:21 ET
- Nelson Peltz's Trian Fund Management slashed its stakes in Invesco ( NYSE: IVZ ) to 33.9M shares from ~55.6M shares, Disney ( NYSE: DIS ) to 5.9M from over 9M, and Wendy's ( WEN ) to 21.7M from 25.3M during Q1, its latest 13F filing noted.
- The firm exited its Sysco ( NYSE: SYY ) holdings and added GE HealthCare Technologies ( GEHC ).
- Trian Fund boosted its stakes in General Electric ( GE ) marginally to over 4M shares, and Mondelez ( MDLZ ) to 16.5K from 16.2K, the filing showed .
- Earlier, CNBC's Jim Cramer said Nelson Peltz is not involved in Estee Lauder.
For further details see:
Peltz's Trian Fund slashes stakes in Invesco, Disney; exits Sysco