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 |
HTZ
Hertz Global Holdings, Inc.
HTZ
|
+$470M |
| 2 |
Icahn Enterprises
IEP
|
+$158M |
| 3 |
Herbalife
HLF
|
+$158M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Freeport-McMoran
FCX
|
+$163M |
| 2 |
PayPal
PYPL
|
+$20.1M |
| 3 |
NUAN
Nuance Communications, Inc.
NUAN
|
+$19.3M |
| 4 |
VLTC
Voltari Corporation
VLTC
|
+$12.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 49.21% |
| 2 | Financials | 19.22% |
| 3 | Industrials | 11.06% |
| 4 | Consumer Discretionary | 8.67% |
| 5 | Materials | 5.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Icahn Enterprises
IEP
$4.83B
| $7.79B | 34.82% |
129,999,050
+2,926,203
| +2% | +$158M |
|
2
American International
AIG
$39.8B
| $2.98B | 13.32% |
45,644,982
| – | – |
|
3
CVR Energy
CVI
$3.97B
| $1.81B | 8.08% |
71,198,718
| – | – |
|
|
FDML
4
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $1.43B | 6.39% |
138,590,141
| – | – |
|
5
Cheniere Energy
LNG
$57.3B
| $1.35B | 6.05% |
32,680,490
| – | – |
|
|
6
PayPal
PYPL
$52.7B
| $1.32B | 5.89% |
33,397,153
-500,000
| -1% | -$20.1M |
|
|
7
Freeport-McMoran
FCX
$110B
| $1.2B | 5.38% |
91,236,296
-12,763,704
| -12% | -$163M |
|
|
8
Herbalife
HLF
$1.33B
| $1.08B | 4.84% |
45,000,000
+5,776,942
| +15% | +$158M |
|
9
Xerox
XRX
$381M
| $865M | 3.86% |
37,581,895
| – | – |
|
|
HTZ
10
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $631M | 2.82% |
33,682,713
+18,790,389
| +126% | +$470M |
|
|
ARII
11
DELISTED
American Railcar Industries, Inc.
ARII
| $538M | 2.4% |
11,871,268
| – | – |
|
|
NAV
12
DELISTED
Navistar International
NAV
| $510M | 2.28% |
16,272,524
| – | – |
|
|
NUAN
13
DELISTED
Nuance Communications, Inc.
NUAN
| $274M | 1.22% |
21,226,702
-1,500,335
| -7% | -$19.3M |
|
|
WBT
14
DELISTED
Welbilt, Inc.
WBT
| $205M | 0.91% |
10,582,660
| – | – |
|
15
Herc Holdings
HRI
$5.41B
| $173M | 0.77% |
4,312,860
| – | – |
|
|
AGN
16
DELISTED
Allergan plc
AGN
| $89.3M | 0.4% |
425,438
| – | – |
|
17
Manitowoc
MTW
$710M
| $63.3M | 0.28% |
2,645,665
| – | – |
|
|
CVRR
18
DELISTED
CVR Refining, LP
CVRR
| $59.8M | 0.27% |
5,750,000
| – | – |
|
|
VLTC
19
DELISTED
Voltari Corporation
VLTC
| – | – |
-4,739,620
| Closed | -$12.5M |
|
Similar funds
Carl Icahn's Q4 2016 Portfolio in Review
As of Q4 2016, Carl Icahn held 19 positions worth $22.4B, up 13% from $19.8B the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Carl Icahn's Q4 2016 filing shows 3 increased, 3 reduced and 1 closed positions. The largest sale was Freeport-McMoran, an estimated $163M.
By sector, the portfolio is most concentrated in Energy at 49% of assets, up from 45% a quarter earlier, followed by Financials and Industrials.
- Carl Icahn added most to Hertz Global Holdings, Inc. in Q4 2016, an estimated $470M increase.
- Carl Icahn's biggest Q4 2016 reduction was Freeport-McMoran, cutting an estimated $163M.
- Carl Icahn fully exited Voltari Corporation in Q4 2016, selling an estimated $12.5M.
- Carl Icahn's ten largest holdings make up 91% of its $22.4B portfolio in Q4 2016.
- Carl Icahn opened 0 new positions and closed 1 in Q4 2016.
- Carl Icahn's portfolio value rose 13% quarter-over-quarter to $22.4B.
Based on Icahn Carl's 13F filing for Q4 2016, filed 14 Feb 2017.