Nelson Peltz’s Trian Hedge Fund Trims Heinz Holdings by Half
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Nelson Peltz’s hedge fund has cut its holdings of H.J. Heinz Co. in half over the past three months.
Trian Fund Management LP, Peltz’s New York-based activist fund, held about 1 million Heinz shares as of yesterday, according to a filing with the U.S. Securities and Exchange Commission. In June, Trian owned about 2 million shares, according to data compiled by Bloomberg.