Peltz's Trian Partners Likes UltraShort Financials (SKF), Sells Out of Hansen (HANS) and PF Changs (PFCB)

November 14, 2008 9:28 AM EST

Nelson Peltz's Trian Partners General Partner, LLC issued their lastest 13F for the quarter ended September 30, 2008. Here is a summary:

New:
UltraShort Financials ProShares (AMEX: SKF) 376,230 shares

Raised:
Chemtura Corp. (NYSE: CEM) from 8,995,842 to 9,385,112 shares
Orient-Express (NYSE: OEH) from 983,269 to 1,701,561 shares
Dr. Pepper Snapple (NYSE: DPS) from 4,662,758 to 4,952,153 shares

Lowered:
H.J. Heinz (NYSE: HNZ) from 8,928,018 to 7,968,835 shares
Cheesecake Factory (Nasdaq: CAKE) from 3,228,424 to 3,047,869 shares
Kraft Foods (NYSE: KFT) from 31,094,639 to 30,763,199
Philip Morris Intl (NYSE: PM) from 350,903 to 283,625
Target (NYSE: TGT) from 937,172 to 0
Cintas (Nasdaq: CTAS) from 800,975 to 0
Hansen Natl (Nasdaq: HANS) from 1,292,166 to 0
First Amer Bank (OTC: FAHI) from 681,596 to 0
UST (NYSE: UST) from 269,766 to 0
P F Changs Chinese (Nasdaq: PFCB) from 1,060,875 to 0

Maintained:
Tiffany & Co. (NYSE: TIF) 10,067,240 shares
Wyeth (NYSE: WYE) 1,535,633 shares
Lorillard Inc. (NYSE: LOR) 327,517 shares
Wendy's/Arby's (NYSE: WEN) 26,520,284 shares


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Stocks Mentioned

CAKE 18.86

+0.49 +2.67%
Volume: 1,077,528
Track CAKE

CEM 0.12

+0.00 +0.00%
Volume: 44,000
Track CEM

CTAS 29.32

+0.55 +1.91%
Volume: 893,626
Track CTAS

DPS 26.67

+0.05 +0.19%
Volume: 2,466,975
Track DPS

FAHI 0.00

-330.00 -100.00%
Volume: 0
Track FAHI

HANS 34.39

-0.07 -0.20%
Volume: 1,479,509
Track HANS

HNZ 41.92

+0.92 +2.24%
Volume: 3,035,437
Track HNZ

KFT 26.53

-0.25 -0.93%
Volume: 17,051,297
Track KFT

LOR 10.71

+0.23 +2.19%
Volume: 7,127
Track LOR

OEH 8.88

+0.27 +3.14%
Volume: 429,871
Track OEH

PFCB 31.82

+0.38 +1.21%
Volume: 376,762
Track PFCB

PM 49.87

+1.04 +2.13%
Volume: 6,461,666
Track PM

SKF 24.21

-1.81 -6.96%
Volume: 17,609,271
Track SKF

TGT 50.45

+0.75 +1.51%
Volume: 8,447,064
Track TGT

TIF 42.76

+1.41 +3.41%
Volume: 2,498,960
Track TIF

UST 69.46

+0.00 +0.00%
Volume: 8,120,006
Track UST

WEN 4.42

-0.03 -0.67%
Volume: 6,969,627
Track WEN

WYE 50.39

+0.00 +0.00%
Volume: 50,253,011
Track WYE


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