Nelson Peltz’s Trian Fund Management disclosed in an SEC filing its holdings as of June 30, 2019. Trian made one new buy during the second quarter, namely Legg Mason (LM). The fund increased its stake in two holdings, including by size of previous position Sysco (SYY) and Mondelez (MDLZ). Trian reduced its stake in five holdings, including by size of previous position PPG (PPG), Bank of New York Mellon (BK), and Procter & Gamble (PG). The fund’s top holdings as of June 30, 2019, in order of size, where P&G, Sysco, Mondelez, Wendy’s (WEN), and Bank of New York Mellon.