Peltz's P&G haul: $180M so far

Nelson Peltz's Trian Fund Management hedge fund has so far made roughly $180 million off its investment in Procter & Gamble.

Government filings show Peltz began building a stake in the Cincinnati-based consumer products giant in November, buying both shares and derivatives in scores of transactions as the stock bounced between $80 and $89 per share.

Peltz paid about $84.33 per share for his stake based on the transactions described in proxy filings. That translates into a 5.7 percent return on his investment as of Tuesday when P&G's stock closed at $89.14. 

Peltz is likely not satisfied. The overall stock market is up more than 10 percent so far this year, led by tech, health care and consumer discretionary sectors.

Trian is trying to leverage its 1.5 percent stake in P&G to put Peltz on the company's board of directors, which oversees top executives and overall strategy. His firm controls 37.6 million shares in P&G.

The stock has risen 2.3 percent since Trian took its case public to shareholders after being turned down by the 11-member board.

Investors appear increasingly confident Peltz may spur P&G officials to find a way to jump-start growth at the company, which has struggled to increase profits and sales in this decade.

P&G is slated to release its 2017 fiscal year results Thursday. At that time, CEO David Taylor and executives are expected to speak at length about Peltz's bid and the company's turnaround progress.

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