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Peltz's Trian raises Cheesecake Factory stake

Thu May 15, 2008 5:06pm EDT
 
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WASHINGTON, May 15 (Reuters) - Activist investor Nelson Peltz on Thursday disclosed that his Trian Partners fund had increased its stake in restaurant chain Cheesecake Factory Inc (CAKE.O: Quote, Profile, Research, Stock Buzz) to 3.2 million shares.

Trian reported its portfolio holdings as of March 31 in a filing with the U.S. Securities and Exchange Commission. The fund had previously reported that it had 138,588 shares in Cheesecake Factory as of Dec. 31.

The fund also said it holds 4.2 million shares in Wendy's International Inc (WEN.N: Quote, Profile, Research, Stock Buzz), 12.5 million shares in H.J. Heinz Co (HNZ.N: Quote, Profile, Research, Stock Buzz), 9 million shares in Chemtura Corp (CEM.N: Quote, Profile, Research, Stock Buzz), and 6.7 million shares in Tiffany & Co (TIF.N: Quote, Profile, Research, Stock Buzz). (Reporting by Karey Wutkowski, editing by Richard Chang)

 

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