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

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By Douglas A. McIntyre Updated Published
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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

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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