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
|
+$2.17B |
| 2 |
Delek US
DK
|
+$250M |
| 3 |
HTZ
Hertz Global Holdings, Inc.
HTZ
|
+$154M |
| 4 |
Newell Brands
NWL
|
+$44.5M |
| 5 |
Cheniere Energy
LNG
|
+$29.2M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 69.93% |
| 2 | Technology | 8.98% |
| 3 | Consumer Staples | 8.93% |
| 4 | Consumer Discretionary | 5.94% |
| 5 | Industrials | 5.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Icahn Enterprises
IEP
$4.83B
| $9.54B | 53% |
197,049,652
| – | – |
|
2
CVR Energy
CVI
$3.97B
| $1.18B | 6.54% |
71,198,718
| – | – |
|
3
HP
HPQ
$27.2B
| $1.09B | 6.07% |
62,902,970
| – | – |
|
4
Herbalife
HLF
$1.33B
| $1.03B | 5.71% |
35,227,904
| – | – |
|
|
5
Occidental Petroleum
OXY
$61.3B
| $1.03B | 5.7% |
88,627,271
+66,055,417
| +293% | +$2.17B |
|
|
CZR
6
DELISTED
Caesars Entertainment Corporation
CZR
| $772M | 4.29% |
114,250,942
| – | – |
|
|
7
Cheniere Energy
LNG
$57.3B
| $675M | 3.75% |
20,155,756
+570,662
| +3% | +$29.2M |
|
|
8
Newell Brands
NWL
$2.59B
| $580M | 3.22% |
43,704,616
+2,585,201
| +6% | +$44.5M |
|
9
Xerox
XRX
$381M
| $444M | 2.47% |
23,456,087
| – | – |
|
|
CLDR
10
DELISTED
Cloudera, Inc.
CLDR
| $431M | 2.4% |
54,795,218
| – | – |
|
|
HTZ
11
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $342M | 1.9% |
55,342,109
+11,416,257
| +26% | +$154M |
|
|
NAV
12
DELISTED
Navistar International
NAV
| $276M | 1.53% |
16,729,960
| – | – |
|
13
Freeport-McMoran
FCX
$110B
| $181M | 1% |
26,770,875
| – | – |
|
|
14
Delek US
DK
$4.38B
| $166M | 0.92% |
+10,539,880
| New | +$250M |
|
15
Conduent
CNDT
$250M
| $93.5M | 0.52% |
38,149,336
| – | – |
|
16
Herc Holdings
HRI
$5.41B
| $92M | 0.51% |
4,494,789
| – | – |
|
|
WBT
17
DELISTED
Welbilt, Inc.
WBT
| $61.3M | 0.34% |
11,942,238
+1,859,578
| +18% | +$22.4M |
|
|
TEN
18
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $20.3M | 0.11% |
5,651,177
| – | – |
|
19
SandRidge Energy
SD
$532M
| $4.33M | 0.02% |
4,818,832
| – | – |
|
Similar funds
Carl Icahn's Q1 2020 Portfolio in Review
As of Q1 2020, Carl Icahn held 19 positions worth $18B, down 31% from $26.2B the previous quarter. Its ten largest holdings account for 93% of the portfolio.
Carl Icahn deployed $2.67B of net new capital in Q1 2020, opening 1 new position and adding to 5 existing holdings. Its largest new stake was Delek US: 10,539,880 shares worth $166M.
By sector, the portfolio is most concentrated in Energy at 70% of assets, up from 65% a quarter earlier, followed by Technology and Consumer Staples.
- Carl Icahn's largest Q1 2020 buy was Delek US: 10,539,880 shares worth $166M.
- Carl Icahn added most to Occidental Petroleum in Q1 2020, an estimated $2.17B increase.
- Carl Icahn's ten largest holdings make up 93% of its $18B portfolio in Q1 2020.
- Carl Icahn opened 1 new position and closed 0 in Q1 2020.
- Carl Icahn's portfolio value fell 31% quarter-over-quarter to $18B.
Based on Icahn Carl's 13F filing for Q1 2020, filed 15 May 2020.