The Trian investment vehicles run by Nelson Peltz had a concentrated portfolio at the end of the year, with most of the holdings in food-related names and financials.
However, his biggest position wasn't in either sector. The most valuable investment was jewelry seller Tiffany (TIF), which was worth more than $400 million as of Dec. 31, according to filings with the Securities and Exchange Commission.
Cereal maker Kellogg (K) was added to the portfolio, with more than 2.7 million shares being reported. The position was valued at around $140 million.
Peltz recently has made a bid to acquire discount retailer Family Dollar (FDO), which is one of his largest holdings, but thus far the company hasn't been receptive to his offers.
Here are Peltz's largest stock holdings as of Dec. 31, 2010:
*See the full SEC filing for Nelson Peltz's portfolio (*Trian Partners General Partner LLC).