Carl Icahn Icahn Carl
Carl Icahn is one of the most famous activist investors in U.S. markets, with decades of campaigns to change corporate strategy, capital allocation, and leadership. Through Icahn-related entities he has taken large stakes in companies he views as undervalued or poorly run. His approach combines financial engineering, board engagement, and public pressure to unlock shareholder value.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Icahn Enterprises
IEP
|
+$299M |
| 2 |
eBay
EBAY
|
+$155M |
| 3 |
TGNA
TEGNA Inc
TGNA
|
+$76.6M |
| 4 |
NAV
Navistar International
NAV
|
+$36.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FRX
FOREST LABORATORIES INC
FRX
|
+$2.83B |
| 2 |
Netflix
NFLX
|
+$182M |
| 3 |
CVRR
CVR Refining, LP
CVRR
|
+$140M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 46.25% |
| 2 | Healthcare | 17.82% |
| 3 | Technology | 16.59% |
| 4 | Consumer Discretionary | 11.76% |
| 5 | Consumer Staples | 2.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Icahn Enterprises
IEP
$4.83B
| $10.6B | 27.39% |
105,842,442
+2,984,791
| +3% | +$299M |
|
|
HOLX
2
DELISTED
Hologic
HOLX
| $6.87B | 17.82% |
34,154,879
| – | – |
|
3
Apple
AAPL
$4.51T
| $4.9B | 12.72% |
211,043,392
| – | – |
|
4
CVR Energy
CVI
$3.97B
| $3.43B | 8.9% |
71,198,718
| – | – |
|
|
FDML
5
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $2.45B | 6.36% |
121,111,976
| – | – |
|
|
CHK
6
DELISTED
Chesapeake Energy Corporation
CHK
| $2.07B | 5.36% |
351,188
| – | – |
|
|
7
eBay
EBAY
$46.3B
| $1.54B | 4% |
73,187,964
+7,128,000
| +11% | +$155M |
|
|
NUAN
8
DELISTED
Nuance Communications, Inc.
NUAN
| $1.14B | 2.96% |
70,206,240
| – | – |
|
9
Herbalife
HLF
$1.33B
| $1.1B | 2.85% |
34,000,000
| – | – |
|
10
Transocean
RIG
$6.61B
| $967M | 2.51% |
21,477,900
| – | – |
|
|
TLM
11
DELISTED
TALISMAN ENERGY INC
TLM
| $806M | 2.09% |
76,060,078
| – | – |
|
|
ARII
12
DELISTED
American Railcar Industries, Inc.
ARII
| $805M | 2.09% |
11,871,268
| – | – |
|
|
13
Netflix
NFLX
$331B
| $778M | 2.02% |
123,543,490
-33,578,440
| -21% | -$182M |
|
|
NAV
14
DELISTED
Navistar International
NAV
| $537M | 1.39% |
14,337,524
+1,027,789
| +8% | +$36.5M |
|
|
MENT
15
DELISTED
Mentor Graphics Corp
MENT
| $348M | 0.9% |
16,120,289
| – | – |
|
|
TGNA
16
DELISTED
TEGNA Inc
TGNA
| $85.6M | 0.22% |
+5,227,872
| New | +$76.6M |
|
|
ENZN
17
DELISTED
ENZON PHARMACEUTICALS INC
ENZN
| $6.14M | 0.02% |
5,904,863
| – | – |
|
|
VLTC
18
DELISTED
Voltari Corporation
VLTC
| $1.34M | ﹤0.01% |
678,203
| – | – |
|
|
CVRR
19
DELISTED
CVR Refining, LP
CVRR
| – | – |
-6,000,000
| Closed | -$140M |
|
|
FRX
20
DELISTED
FOREST LABORATORIES INC
FRX
| – | – |
-30,662,005
| Closed | -$2.83B |
|
Similar funds
Carl Icahn's Q2 2014 Portfolio in Review
As of Q2 2014, Carl Icahn held 21 positions worth $38.5B, up 17% from $32.9B the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Carl Icahn withdrew a net $2.43B in Q2 2014, closing 2 positions and reducing 1 holding. Its most notable exit was FOREST LABORATORIES INC, an estimated $2.83B position sold in full.
By sector, the portfolio is most concentrated in Energy at 46% of assets, down from 52% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Carl Icahn opened a new position in TEGNA Inc worth $85.6M.
- Carl Icahn's largest Q2 2014 buy was TEGNA Inc: 5,227,872 shares worth $85.6M.
- Carl Icahn added most to Icahn Enterprises in Q2 2014, an estimated $299M increase.
- Carl Icahn's biggest Q2 2014 reduction was Netflix, cutting an estimated $182M.
- Carl Icahn fully exited FOREST LABORATORIES INC in Q2 2014, selling an estimated $2.83B.
- Carl Icahn's ten largest holdings make up 91% of its $38.5B portfolio in Q2 2014.
- Carl Icahn opened 2 new positions and closed 2 in Q2 2014.
- Carl Icahn's portfolio value rose 17% quarter-over-quarter to $38.5B.
Based on Icahn Carl's 13F filing for Q2 2014, filed 14 Aug 2014.