KETCHUP AND DIAMONDS TYPICALLY don’t mix, but they’ve both found places in the portfolio of star investor Nelson Peltz. But recently Peltz’s Trian Fund Management, which holds positions in H.J. Heinz (ticker: HNZ) and Tiffany & Co. (TIF), has been cashing in on runs at both companies, selling shares worth a respective $30 million and $9.6 million.
Trian sold 700,000 Heinz shares on Jan. 14, at an average price of $42.92 each. After the sale, it held about 4.9 million shares, a 1.5% stake, down from 5.6 million shares, a 1.8% stake.
Also on Jan. 14, …
http://online.barrons.com/article/SB126402581829232227.html
http://www.form4oracle.com/company/heinz-h-j-co-hnz?id=1291
http://www.form4oracle.com/company/tiffany-co-tif?id=3752
Form 4 Oracle Blog 