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

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