Nelson Peltz: Bought Hansen, Dumped Starbucks (HANS, SBUX, PFCB, HNZ, WEN, TUX)

Retail

Published: August 14, 2008 11:41 am

Last Updated: March 26, 2020 1:20 pm

We just got to take a look at the JUNE 30 holdings of Nelson Peltz via an SEC filing of his TRIAN FUND MANAGEMENT GROUP. If you look throughout full filing you’ll see that he has other holdings other than food and restaurants, but Wall Street generally looks to Peltz for his interest and activities in restaurant and/or food companies as he’s been involved in. Below are the select stock holdings we have identified:

Hansen Natural (NASDAQ: HANS) 1.36M
Starbucks (NASDAQ: SBUX) stake cut entirely, he should have known better
P.F. Chang’s (NASDAQ: PFCB) 1.13M
Heinz (NYSE: HNZ) stake cut to 9.7M shares from 14.8M

He can’t get involved in all of these stocks, but historically tradershave followed him in his ventures whether they are active or not. Our ownSPECIAL SITUATION newsletter readers got to see a ride of about 20% from bottom to topin his Wendy’s International (NYSE: WEN) activities with Arby’s and Trian Acquisition 1 (AMEX: TUX). As ofthis filing date, Peltz’ TRIAN Funds also held 113.435 Million sharesof Wendy’s.

Jon C. Ogg
August 14, 2008

The Average American Has No Idea How Much Money You Can Make Today ^(Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

¹https://www.fdic.gov/national-rates-and-rate-caps