Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM), US Bancorp (NYSE:USB) Dumped by Nelson Peltz

Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM) and US Bancorp(NYSE:USB) were all dropped Nelson Peltz's Trian Partners, as he again targets his favorite sector: food stocks, according to a filing with the Securities and Exchange Commission.

The favorite holding added by Peltz's Trian Partners in the food sector for the fourth quarter is Kellogg (NYSE:K). Peltz added close to 1.5 million shares of the food giant for the quarter.

Kellogg, along with its competitors, recently announced they're going to have to raise food prices in order to maintain margins over the long term.

Kellogg was trading at $53.70, gaining $0.61, or 1.15 percent, as of 1:40 PM EST.