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 |
Occidental Petroleum
OXY
|
+$1.87B |
| 2 |
Icahn Enterprises
IEP
|
+$718M |
| 3 |
Conduent
CNDT
|
+$128M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Diamondback Energy
FANG
|
+$527M |
| 2 |
HTZ
Hertz Global Holdings, Inc.
HTZ
|
+$55.2M |
| 3 |
Cheniere Energy
LNG
|
+$26.2M |
| 4 |
Freeport-McMoran
FCX
|
+$867K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 76.02% |
| 2 | Consumer Staples | 8.07% |
| 3 | Consumer Discretionary | 6.83% |
| 4 | Industrials | 6% |
| 5 | Materials | 1.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Icahn Enterprises
IEP
$4.83B
| $13.4B | 50.6% |
185,333,620
+9,892,032
| +6% | +$718M |
|
2
CVR Energy
CVI
$3.97B
| $3.56B | 13.42% |
71,198,718
| – | – |
|
|
3
Occidental Petroleum
OXY
$61.3B
| $1.67B | 6.3% |
+33,244,429
| New | +$1.87B |
|
4
Herbalife
HLF
$1.33B
| $1.51B | 5.68% |
35,227,904
| – | – |
|
|
5
Cheniere Energy
LNG
$57.3B
| $1.48B | 5.57% |
21,585,094
-395,396
| -2% | -$26.2M |
|
|
CZR
6
DELISTED
Caesars Entertainment Corporation
CZR
| $1.17B | 4.42% |
99,250,942
| – | – |
|
7
Xerox
XRX
$381M
| $831M | 3.13% |
23,456,087
| – | – |
|
8
Newell Brands
NWL
$2.59B
| $634M | 2.39% |
41,119,415
| – | – |
|
|
NAV
9
DELISTED
Navistar International
NAV
| $576M | 2.17% |
16,729,960
| – | – |
|
|
10
Freeport-McMoran
FCX
$110B
| $513M | 1.93% |
44,181,075
-74,510
| -0.2% | -$867K |
|
|
HTZ
11
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $387M | 1.46% |
24,263,869
-3,663,844
| -13% | -$55.2M |
|
|
12
Conduent
CNDT
$250M
| $303M | 1.14% |
31,635,714
+11,829,714
| +60% | +$128M |
|
13
Herc Holdings
HRI
$5.41B
| $206M | 0.78% |
4,494,789
| – | – |
|
|
WBT
14
DELISTED
Welbilt, Inc.
WBT
| $168M | 0.63% |
10,082,660
| – | – |
|
|
TEN
15
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $62.7M | 0.24% |
5,651,177
| – | – |
|
16
SandRidge Energy
SD
$532M
| $33.3M | 0.13% |
4,818,832
| – | – |
|
|
17
Diamondback Energy
FANG
$59B
| – | – |
-5,187,236
| Closed | -$527M |
|
Similar funds
Carl Icahn's Q2 2019 Portfolio in Review
As of Q2 2019, Carl Icahn held 17 positions worth $26.5B, up 10% from $24.1B the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Carl Icahn deployed $2.11B of net new capital in Q2 2019, opening 1 new position and adding to 2 existing holdings. Its largest new stake was Occidental Petroleum: 33,244,429 shares worth $1.67B.
By sector, the portfolio is most concentrated in Energy at 76% of assets, up from 74% a quarter earlier, followed by Consumer Staples and Consumer Discretionary.
On the sell side, the largest reduction was Hertz Global Holdings, Inc., an estimated $55.2M trimmed.
- Carl Icahn's largest Q2 2019 buy was Occidental Petroleum: 33,244,429 shares worth $1.67B.
- Carl Icahn added most to Icahn Enterprises in Q2 2019, an estimated $718M increase.
- Carl Icahn's biggest Q2 2019 reduction was Hertz Global Holdings, Inc., cutting an estimated $55.2M.
- Carl Icahn fully exited Diamondback Energy in Q2 2019, selling an estimated $527M.
- Carl Icahn's ten largest holdings make up 96% of its $26.5B portfolio in Q2 2019.
- Carl Icahn opened 1 new position and closed 1 in Q2 2019.
- Carl Icahn's portfolio value rose 10% quarter-over-quarter to $26.5B.
Based on Icahn Carl's 13F filing for Q2 2019, filed 14 Aug 2019.