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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)

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