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Trian Fund Shows No Stake in MeadWestvaco , Cuts State Street Holding

Nelson Peltz's Trian Fund Management LP reported no position in MeadWestvaco Corp. (MWV) after last quarter disclosing it had accumulated nearly 1.6 million shares of the packaging company.The most recent filing also shows that Trian cut its stake in custody bank State Street Corp. (STT) by nearly a quarter, to 2.4 million shares.The update to Trian's holdings were reported in a securities filing late Wednesday, showing a snapshot of the firm's portfolio as of March 31.Trian's previous 13F filing, a form that disclosed the holdings of investors that manage over $100 million at the end of each quarter, showed that it had taken a new position in MeadWestvaco, which makes packaging for health-care, beauty and tobacco industries, among others, toward the end of 2012.The most recent filing also showed Trian with significantly higher stakes in two food companies, Mondelez International Inc. (MDLZ) and PepsiCo Inc. (PEP), than in the prior quarter. The firm reported owning 40.3 million shares...

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