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
|
+$296M |
| 2 |
Icahn Enterprises
IEP
|
+$162M |
| 3 |
Manitowoc
MTW
|
+$90M |
| 4 |
NAV
Navistar International
NAV
|
+$66.7M |
| 5 |
eBay
EBAY
|
+$24M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$5.32B |
| 2 |
CVRR
CVR Refining, LP
CVRR
|
+$140M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 47.45% |
| 2 | Consumer Discretionary | 15.96% |
| 3 | Industrials | 6.29% |
| 4 | Technology | 3.83% |
| 5 | Communication Services | 3.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Icahn Enterprises
IEP
$4.83B
| $10.1B | 31.55% |
108,810,845
+1,598,191
| +1% | +$162M |
|
2
CVR Energy
CVI
$3.97B
| $2.76B | 8.64% |
71,198,718
| – | – |
|
|
3
eBay
EBAY
$46.3B
| $2.6B | 8.14% |
109,940,775
+1,058,950
| +1% | +$24M |
|
|
FDML
4
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $1.95B | 6.11% |
121,111,976
| – | – |
|
|
CHK
5
DELISTED
Chesapeake Energy Corporation
CHK
| $1.3B | 4.08% |
332,250
| – | – |
|
|
6
Herc Holdings
HRI
$5.41B
| $1.29B | 4.06% |
17,307,468
+4,374,135
| +34% | +$296M |
|
|
HOLX
7
DELISTED
Hologic
HOLX
| $913M | 2.86% |
34,154,879
| – | – |
|
|
NUAN
8
DELISTED
Nuance Communications, Inc.
NUAN
| $867M | 2.72% |
70,206,240
| – | – |
|
9
Herbalife
HLF
$1.33B
| $641M | 2.01% |
34,000,000
| – | – |
|
|
ARII
10
DELISTED
American Railcar Industries, Inc.
ARII
| $611M | 1.92% |
11,871,268
| – | – |
|
|
TLM
11
DELISTED
TALISMAN ENERGY INC
TLM
| $596M | 1.87% |
76,060,078
| – | – |
|
|
NAV
12
DELISTED
Navistar International
NAV
| $545M | 1.71% |
16,272,524
+1,935,000
| +13% | +$66.7M |
|
13
Netflix
NFLX
$331B
| $482M | 1.51% |
98,834,820
| – | – |
|
|
TGNA
14
DELISTED
TEGNA Inc
TGNA
| $478M | 1.5% |
28,610,864
| – | – |
|
15
Transocean
RIG
$6.61B
| $394M | 1.23% |
21,477,900
| – | – |
|
|
MENT
16
DELISTED
Mentor Graphics Corp
MENT
| $353M | 1.11% |
16,120,289
| – | – |
|
|
17
Manitowoc
MTW
$710M
| $99.3M | 0.31% |
+4,959,685
| New | +$90M |
|
|
SSE
18
DELISTED
SEVENTY SEVEN ENERGY INC COM
SSE
| $25.7M | 0.08% |
4,746,421
| – | – |
|
|
ENZN
19
DELISTED
ENZON PHARMACEUTICALS INC
ENZN
| $6.44M | 0.02% |
5,904,863
| – | – |
|
|
VLTC
20
DELISTED
Voltari Corporation
VLTC
| $468K | ﹤0.01% |
678,203
| – | – |
|
|
21
Apple
AAPL
$4.51T
| – | – |
-211,043,392
| Closed | -$5.32B |
|
|
CVRR
22
DELISTED
CVR Refining, LP
CVRR
| – | – |
-6,000,000
| Closed | -$140M |
|
Similar funds
Carl Icahn's Q4 2014 Portfolio in Review
As of Q4 2014, Carl Icahn held 24 positions worth $31.9B, down 5.2% from $33.6B the previous quarter. Its ten largest holdings account for 88% of the portfolio.
Carl Icahn deployed $1.11B of net new capital in Q4 2014, opening 3 new positions and adding to 4 existing holdings. Its largest new stake was Manitowoc: 4,959,685 shares worth $99.3M.
By sector, the portfolio is most concentrated in Energy at 47% of assets, down from 52% a quarter earlier, followed by Consumer Discretionary and Industrials.
On the sell side, the most notable exit was Apple, an estimated $5.32B sold.
- Carl Icahn's largest Q4 2014 buy was Manitowoc: 4,959,685 shares worth $99.3M.
- Carl Icahn added most to Herc Holdings in Q4 2014, an estimated $296M increase.
- Carl Icahn fully exited Apple in Q4 2014, selling an estimated $5.32B.
- Carl Icahn's ten largest holdings make up 88% of its $31.9B portfolio in Q4 2014.
- Carl Icahn opened 3 new positions and closed 2 in Q4 2014.
- Carl Icahn's portfolio value fell 5.2% quarter-over-quarter to $31.9B.
Based on Icahn Carl's 13F filing for Q4 2014, filed 17 Feb 2015.