Nelson Peltz's Trian Reports Allstate and Sysco Stakes
By Josh Beckerman
Nelson Peltz's Trian Fund Management reported a new Allstate position of 3.64 million shares in its quarterly 13F filing. Last month, Reuters reported that Trian had an Allstate stake.
Trian also reported a new stake in food distributor Sysco, with 1.22 million shares.
During the third quarter, Trian increased its Walt Disney stake to 32.9 million shares from 6.4 million. The Wall Street Journal previously reported that Trian had about 30 million shares and is seeking board seats.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
November 14, 2023 18:58 ET (23:58 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
5 Undervalued Stocks to Buy to Play a Little Defense
-
Markets Brief: AI Leaders Excel In Earnings Season So Far
-
What History Tells Us About the Fed’s Next Move
-
What’s Happening In the Markets This Week
-
Alphabet’s New Dividend: What Investors Need to Know
-
Going Into Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
Going Into Earnings, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?
-
What’s the Difference Between the CPI and PCE Indexes?
-
After Earnings, Is Tesla Stock a Buy, a Sell, or Fairly Valued?
-
After Earnings, Is GE Aerospace Stock a Buy, a Sell, or Fairly Valued?
-
3 Good Stocks to Buy with Your Tax Refund in 2024 (Or with Any Extra Money)
-
SoFi Earnings: Revenue Growth Slows on Lower Loan Growth and Higher Credit Costs
-
Tesla: Full Self-Driving Approval In China Supports Our View for Deliveries Growth In 2024
-
Philips Earnings: Firm Reaches $1.1 Billion Settlement Agreement
-
AbbVie Earnings: Next-Generation Immunology Drugs Help Offset Humira Biosimilar Pressure
-
Exxon Earnings: Ignore Earnings Shortfall as Long-Term Growth and Improvement on Track