Investment adviser · CRD 154172
TRIAN FUND MANAGEMENT, L.P.
NEW YORK, NY, United States · Form ADV filed Apr 1, 2026
- Regulatory AUM
- $6.71B Form ADV · Item 5.F
- Client accounts
- 22 Accounts, not individual clients
- Employees
- 30 Reported in this filing
- Advisory professionals
- 13 Investment advisory functions
How this adviser has changed
Annual filingsRegulatory assets under management
Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.
| Fiscal year | Regulatory AUM | Employees | Filed |
|---|---|---|---|
| 2021 | $7,635,972,701 | 37 | Mar 31, 2022 |
| 2022 | $7,149,855,842 | 32 | Mar 31, 2023 |
| 2023 | $9,049,708,986 | 31 | Mar 29, 2024 |
| 2024 | $6,299,771,882 | 33 | Mar 31, 2025 |
| 2025 | $6,714,407,007 | 30 | Mar 31, 2026 |
Who they report serving
Form ADV · Item 5.DClient types and their share of reported regulatory assets.
| Client type | Clients | Regulatory assets | Share of AUM |
|---|---|---|---|
| Pooled investment vehicles | 20 | $6,343,444,750 | 94.5% |
| High-net-worth individuals | Fewer than 5 | $370,962,257 | 5.5% |
Filing source
Form ADV 2091037 · Apr 1, 2026 · Item 5.D
Reported by TRIAN FUND MANAGEMENT, L.P. (CRD 154172).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
Private funds & service providers
1 selected fund recordsLargest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.
TRIAN SPV (SUB) X, L.P.Hedge Fund · Master$1.24BGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
DELOITTE & TOUCHE LLP
PCAOB 34
STATE STREET BANK AND TRUST COMPANY
LEI 571474TGEMMWANRLN572
THE BANK OF NEW YORK MELLON CORPORATION
LEI WFLLPEPC7FZXENRZV188
GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129
Fund details & source
- Fund ID
- 805-2843848627
- Reported beneficial owners
- 2
- Minimum commitment
- $50M
Form ADV 2091037 · Apr 1, 2026 · Schedule D 7.B.(1)
Reported by TRIAN FUND MANAGEMENT, L.P. (CRD 154172).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
Services & filing details
Showing values from the selected filing. Latest observed filing does not establish current registration status.
What changed?
Since Mar 31, 2026 · previous imported filing
No comparable changes in the displayed metrics.
Filing source
Form ADV 2091037 · Apr 1, 2026 · Items 1 & 5
Reported by TRIAN FUND MANAGEMENT, L.P. (CRD 154172).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
Management of assets
- Discretionary
- $6.34B
- Non-discretionary
- $371M
Reported services
Pooled investment vehicle management
Compensation
Percentage of assets · Performance-based
Principal office
280 PARK AVENUENEW YORK, NY, 10017-1217, United States
CRD 154172
Filing source
Form ADV 2091037 · Apr 1, 2026 · Items 1 & 5
Reported by TRIAN FUND MANAGEMENT, L.P. (CRD 154172).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.