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 |
Herc Holdings
HRI
|
+$1.11B |
| 2 |
eBay
EBAY
|
+$794M |
| 3 |
TGNA
TEGNA Inc
TGNA
|
+$401M |
| 4 |
CVRR
CVR Refining, LP
CVRR
|
+$147M |
| 5 |
Icahn Enterprises
IEP
|
+$146M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Netflix
NFLX
|
+$160M |
| 2 |
CHK
Chesapeake Energy Corporation
CHK
|
+$99.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 52.5% |
| 2 | Technology | 19.57% |
| 3 | Consumer Discretionary | 14.47% |
| 4 | Industrials | 5.54% |
| 5 | Communication Services | 3.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Icahn Enterprises
IEP
$4.83B
| $11.3B | 33.74% |
107,212,654
+1,370,212
| +1% | +$146M |
|
2
Apple
AAPL
$4.51T
| $5.32B | 15.8% |
211,043,392
| – | – |
|
3
CVR Energy
CVI
$3.97B
| $3.18B | 9.47% |
71,198,718
| – | – |
|
|
4
eBay
EBAY
$46.3B
| $2.6B | 7.72% |
108,881,825
+35,693,861
| +49% | +$794M |
|
|
FDML
5
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $1.8B | 5.35% |
121,111,976
| – | – |
|
|
CHK
6
DELISTED
Chesapeake Energy Corporation
CHK
| $1.53B | 4.54% |
332,250
-18,938
| -5% | -$99.8M |
|
|
7
Herc Holdings
HRI
$5.41B
| $985M | 2.93% |
+12,933,333
| New | +$1.11B |
|
|
NUAN
8
DELISTED
Nuance Communications, Inc.
NUAN
| $937M | 2.79% |
70,206,240
| – | – |
|
|
ARII
9
DELISTED
American Railcar Industries, Inc.
ARII
| $878M | 2.61% |
11,871,268
| – | – |
|
|
HOLX
10
DELISTED
Hologic
HOLX
| $831M | 2.47% |
34,154,879
| – | – |
|
11
Herbalife
HLF
$1.33B
| $744M | 2.21% |
34,000,000
| – | – |
|
12
Transocean
RIG
$6.61B
| $687M | 2.04% |
21,477,900
| – | – |
|
|
TLM
13
DELISTED
TALISMAN ENERGY INC
TLM
| $658M | 1.96% |
76,060,078
| – | – |
|
|
14
Netflix
NFLX
$331B
| $637M | 1.89% |
98,834,820
-24,708,670
| -20% | -$160M |
|
|
NAV
15
DELISTED
Navistar International
NAV
| $472M | 1.4% |
14,337,524
| – | – |
|
|
TGNA
16
DELISTED
TEGNA Inc
TGNA
| $444M | 1.32% |
28,610,864
+23,382,992
| +447% | +$401M |
|
|
MENT
17
DELISTED
Mentor Graphics Corp
MENT
| $330M | 0.98% |
16,120,289
| – | – |
|
|
CVRR
18
DELISTED
CVR Refining, LP
CVRR
| $140M | 0.42% |
+6,000,000
| New | +$147M |
|
|
SSE
19
DELISTED
SEVENTY SEVEN ENERGY INC COM
SSE
| $113M | 0.34% |
+4,746,421
| New | +$113M |
|
|
ENZN
20
DELISTED
ENZON PHARMACEUTICALS INC
ENZN
| $6.38M | 0.02% |
5,904,863
| – | – |
|
|
VLTC
21
DELISTED
Voltari Corporation
VLTC
| $1.02M | ﹤0.01% |
678,203
| – | – |
|
Similar funds
Carl Icahn's Q3 2014 Portfolio in Review
As of Q3 2014, Carl Icahn held 22 positions worth $33.6B, down 13% from $38.5B the previous quarter. Its ten largest holdings account for 87% of the portfolio.
Carl Icahn deployed $2.3B of net new capital in Q3 2014, opening 3 new positions and adding to 3 existing holdings. Its largest new stake was Herc Holdings: 12,933,333 shares worth $985M.
By sector, the portfolio is most concentrated in Energy at 52% of assets, up from 46% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Netflix, an estimated $160M trimmed.
- Carl Icahn's largest Q3 2014 buy was Herc Holdings: 12,933,333 shares worth $985M.
- Carl Icahn added most to eBay in Q3 2014, an estimated $794M increase.
- Carl Icahn's biggest Q3 2014 reduction was Netflix, cutting an estimated $160M.
- Carl Icahn's ten largest holdings make up 87% of its $33.6B portfolio in Q3 2014.
- Carl Icahn opened 3 new positions and closed 1 in Q3 2014.
- Carl Icahn's portfolio value fell 13% quarter-over-quarter to $33.6B.
Based on Icahn Carl's 13F filing for Q3 2014, filed 14 Nov 2014.