Trian Partners Portfolio: Top 5 Stocks

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1. Ferguson plc (NYSE:FERG)

Trian Partners’ Stake Value: $1.8 billion
Percentage of Trian Partners’ 13F Portfolio: 21.29%
Number of Hedge Fund Holders: 11

Based in Wokingham, United Kingdom, Ferguson plc (NYSE:FERG) is a multinational plumbing, heating and fabrication products distributor. Ranked first on our list of the top 9 stocks in Trian Partners’ portfolio, Ferguson plc (NYSE:FERG) has a market capitalization of $23.64 billion.

Trian Partners holds over 13.1 million shares in Ferguson plc (NYSE:FERG) as of the end of the second quarter, according to the data tracked by Insider Monkey. These shares amount to more than $1.8 billion, accounting for 21.29% of the fund’s investment portfolio. Overall, 11 funds were bullish in the company by the end of the June quarter, compared to 5 in the previous quarter.

On October 5, RBC Capital analyst Andrew Brooke raised price target on Ferguson plc (NYSE:FERG) to 10,300 GBp from 9,600 GBp, and kept a Sector Perform rating on the shares of the company.

See also 15 Best Medical Stocks to Invest In and 10 Best Cryptocurrencies to Invest in According to Reddit.

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