Played a key role in Trian building a big position in Family Dollar in June 2010.
"Earlier in the year, we owned a big position in Newport Corp., which I still like, even though it's been getting beat up because it has fiber-optic exposure.
In addition, once a major fund company takes a big position in a stock, it becomes an all-but-permanent holder.
And finally, because the typical IPO hasn't grown in size in many years, allocations are usually small, and even in the aftermarket, it's hard to build a big position in newly public companies.
Taking such a big position in one company is a shift in strategy for the duo.
"Once we hold a big position in these segments, we will start looking at how to develop perfume as well".
A London-based trader with JPMorgan Chase has amassed a big position in credit default swaps that is disrupting that part of the derivatives market, according to reports.
"There's a big difference between exiting a position like that on your own terms versus being forced to exit a big position in a forced-exit situation," Todd Juenger, a media analyst at Sanford C. Bernstein & Company, said in an interview last month.
And to show seriousness of intent, after this month's European election the EU could also fill a big position in Brussels with a robust and competent east European (perhaps Mr Sikorski himself).
