Nelson Peltz’s Boards Outperform S&P 500 Index

0

Activist Insight performs independent analysis of stock performance for boards with Nelson Peltz as a director.

Among the many things Procter & Gamble and Trian Partners have failed to agree on, a fundamental question: does Nelson Peltz add value?

Get Our Activist Investing Case Study!

Get the entire 10-part series on our in-depth study on activist investing in PDF. Save it to your desktop, read it on your tablet, or print it out to read anywhere! Sign up below!

Trident Fund LP June 2020 Performance Update: “Don’t Fade the Fed

Trident Fund LPTrident Fund LP performance update for the month ended June 30, 2020. Q2 2020 hedge fund letters, conferences and more The Trident Fund LP returned +1.1 percent in June, and the fund is +8.3 percent net year to date. The motto “Don’t Fade the Fed” dominated global macro events in June and led the Trident Read More


With the consumer products company questioning the activist’s experience and results, Activist Insight performed its own analysis for an overview of the campaign published in its flagship publication, Activist Insight Monthly, finding that Trian investments with Peltz as a director outperformed the S&P 500 Index.

According to Trian, its consumer products investments where Peltz had joined the board had outperformed the S&P 500 Index by 880 basis points from the date of initiation to June 20, 2017 or the last day traded. Only Sysco, Heinz, Wendy’s and Mondelez were included. According to Procter & Gamble, companies with Peltz serving on their boards had returned 4% between November 1, 2015, and September 6, 2017. The analysis was based on a weighted average of Madison Square Garden, Mondelez, Sysco and Wendy’s.

Activist Insight sought a simpler model. Taking the six Trian investments on whose boards Peltz sat or sits (Sysco, Mondelez, Wendy’s, Heinz, Ingersoll Rand and Legg Mason), the data provider analyzed total follower returns from the date Peltz was seated to the date he left the board (or September 29 for boards he still sits on). Madison Square Garden was excluded as a non-portfolio company.

The average annualized Total Follower Return* of those investments was 13.5%, compared to 9.7% for the S&P 500 Index over comparable periods. Five of the six companies outperformed the index.

Kind regards,

Josh Black

Editor-in-Chief, Activist Insight

Previous articleLow-Risk Investment Returns With 2x Return Of Treasury Bonds? [UPDATED]
Next articleHave Hurricanes Changed Our Outlook?
Since 2012, Activist Insight has provided its diverse range of clients with the most comprehensive information on activist investing worldwide. Founded by Nick Arnott and Kerry Pogue with the objective of providing unmatched intelligence to professionals in the global activist investment space, Activist Insight made its entry into the market with online information product, Activist Insight Online. Activist Insight Monthly, the world’s only monthly magazine dedicated to shareholder activism, soon followed, granting its readership access to the thoughts and opinions of key industry professionals, while providing an editorial vehicle for the data trends uniquely aggregated from Activist Insight Online. In 2013, Activist Insight’s sister business, Proxy Insight, was co-founded by Nick Dawson and Nick Arnott.