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Billionaire Peltz's fund reports P&G stake six times larger than before, filing shows

  • Nelson Peltz's Trian Fund Management significantly raised its stake in Procter & Gamble in the first quarter, a SEC filing showed Friday.
  • The hedge fund added incrementally to its position in General Electric.
  • Trian did not add or exit any positions last quarter, according to the filing.
Nelson Peltz
Patrick T. Fallon | Bloomberg | Getty Images
Nelson Peltz

Nelson Peltz's Trian Fund Management reported a first quarter stake of 36.17 million shares in Procter & Gamble, six times larger than the prior quarter, an SEC filing showed Friday.

Sources told CNBC in February that Trian had taken a $3.5 billion stake in the consumer goods giant.

The hedge fund added incrementally to its position in General Electric and reduced its position in DuPont in the first quarter, according to the filing. Trian did not add or exit any positions.