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SPY5 Spdr S&p 500 $

545.195
2.50 (0.46%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Spdr S&p 500 $ LSE:SPY5 London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  2.50 0.46% 545.195 545.10 545.22 545.41 542.89 544.28 6,841 16:35:18

Trian Reports Value Of Holdings Rose 37% In Quarter Ended March 31

16/05/2012 12:45am

Dow Jones News


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Trian Fund Management L.P. reported Tuesday the value of its holdings rose 37% in the first quarter to roughly $3.8 billion.

The New York firm, which is run by Nelson Peltz, appeared to have increased its holdings in fast-food chain Wendy's Co. (WEN), while decreasing its holdings in H.J. Heinz Co. (HNZ). The firm also cut its holdings in jewelry maker Tiffany & Co. (TIF) by more than 38% to 2.76 million shares.

Trian also reported new holdings in Dublin's Ingersoll-Rand Co. (IR), which makes tools, air pumps and materials-handling products. Last week, Trian said it planned to press the company for changes that would improve value for shareholders.

The firm also reported new holdings in United States Oil Fund LP (USO), as well as SPDR S&P 500 exchange-traded funds.

-By Ian Sherr, Dow Jones Newswires; 415-439-6455; ian.sherr@dowjones.com

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