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 |
HP
HPQ
|
+$1.24B |
| 2 |
Icahn Enterprises
IEP
|
+$392M |
| 3 |
CLDR
Cloudera, Inc.
CLDR
|
+$380M |
| 4 |
HTZ
Hertz Global Holdings, Inc.
HTZ
|
+$248M |
| 5 |
CZR
Caesars Entertainment Corporation
CZR
|
+$176M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Occidental Petroleum
OXY
|
+$327M |
| 2 |
Cheniere Energy
LNG
|
+$128M |
| 3 |
Freeport-McMoran
FCX
|
+$103M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 69.34% |
| 2 | Consumer Staples | 8.19% |
| 3 | Technology | 7.45% |
| 4 | Consumer Discretionary | 7.29% |
| 5 | Industrials | 6.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Icahn Enterprises
IEP
$4.83B
| $12.3B | 47.69% |
190,847,599
+5,513,979
| +3% | +$392M |
|
2
CVR Energy
CVI
$3.97B
| $3.13B | 12.2% |
71,198,718
| – | – |
|
3
Herbalife
HLF
$1.33B
| $1.33B | 5.19% |
35,227,904
| – | – |
|
|
CZR
4
DELISTED
Caesars Entertainment Corporation
CZR
| $1.33B | 5.18% |
114,250,942
+15,000,000
| +15% | +$176M |
|
|
5
Cheniere Energy
LNG
$57.3B
| $1.24B | 4.81% |
19,585,094
-2,000,000
| -9% | -$128M |
|
|
6
HP
HPQ
$27.2B
| $1.19B | 4.63% |
+62,902,970
| New | +$1.24B |
|
|
7
Occidental Petroleum
OXY
$61.3B
| $1.17B | 4.56% |
26,332,388
-6,912,041
| -21% | -$327M |
|
8
Newell Brands
NWL
$2.59B
| $770M | 3% |
41,119,415
| – | – |
|
9
Xerox
XRX
$381M
| $702M | 2.73% |
23,456,087
| – | – |
|
|
HTZ
10
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $580M | 2.26% |
41,895,315
+17,631,446
| +73% | +$248M |
|
|
CLDR
11
DELISTED
Cloudera, Inc.
CLDR
| $485M | 1.89% |
+54,795,218
| New | +$380M |
|
|
NAV
12
DELISTED
Navistar International
NAV
| $470M | 1.83% |
16,729,960
| – | – |
|
|
13
Freeport-McMoran
FCX
$110B
| $327M | 1.27% |
34,181,075
-10,000,000
| -23% | -$103M |
|
14
Conduent
CNDT
$250M
| $237M | 0.92% |
38,149,336
+6,513,622
| +21% | +$50.3M |
|
15
Herc Holdings
HRI
$5.41B
| $209M | 0.81% |
4,494,789
| – | – |
|
|
WBT
16
DELISTED
Welbilt, Inc.
WBT
| $170M | 0.66% |
10,082,660
| – | – |
|
|
TEN
17
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $70.8M | 0.28% |
5,651,177
| – | – |
|
18
SandRidge Energy
SD
$532M
| $22.6M | 0.09% |
4,818,832
| – | – |
|
Similar funds
Carl Icahn's Q3 2019 Portfolio in Review
As of Q3 2019, Carl Icahn held 18 positions worth $25.7B, down 3.1% from $26.5B the previous quarter. Its ten largest holdings account for 92% of the portfolio.
Carl Icahn deployed $1.93B of net new capital in Q3 2019, opening 2 new positions and adding to 4 existing holdings. Its largest new stake was HP: 62,902,970 shares worth $1.19B.
By sector, the portfolio is most concentrated in Energy at 69% of assets, down from 76% a quarter earlier, followed by Consumer Staples and Technology.
On the sell side, the largest reduction was Occidental Petroleum, an estimated $327M trimmed.
- Carl Icahn's largest Q3 2019 buy was HP: 62,902,970 shares worth $1.19B.
- Carl Icahn added most to Icahn Enterprises in Q3 2019, an estimated $392M increase.
- Carl Icahn's biggest Q3 2019 reduction was Occidental Petroleum, cutting an estimated $327M.
- Carl Icahn's ten largest holdings make up 92% of its $25.7B portfolio in Q3 2019.
- Carl Icahn opened 2 new positions and closed 0 in Q3 2019.
- Carl Icahn's portfolio value fell 3.1% quarter-over-quarter to $25.7B.
Based on Icahn Carl's 13F filing for Q3 2019, filed 14 Nov 2019.