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 |
Icahn Enterprises
IEP
|
+$394M |
| 2 |
Cheniere Energy
LNG
|
+$29M |
| 3 |
TEN
Tenneco Inc. Class A Voting Common Stock
TEN
|
+$20.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HP
HPQ
|
+$1.09B |
| 2 |
HTZ
Hertz Global Holdings, Inc.
HTZ
|
+$342M |
| 3 |
Freeport-McMoran
FCX
|
+$181M |
| 4 |
CLDR
Cloudera, Inc.
CLDR
|
+$23.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 71.96% |
| 2 | Consumer Staples | 11.55% |
| 3 | Consumer Discretionary | 9.77% |
| 4 | Technology | 3.84% |
| 5 | Industrials | 2.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Icahn Enterprises
IEP
$4.83B
| $9.94B | 50.41% |
205,063,328
+8,013,676
| +4% | +$394M |
|
2
Occidental Petroleum
OXY
$61.3B
| $1.62B | 8.22% |
88,627,271
| – | – |
|
3
Herbalife
HLF
$1.33B
| $1.58B | 8.03% |
35,227,904
| – | – |
|
4
CVR Energy
CVI
$3.97B
| $1.43B | 7.26% |
71,198,718
| – | – |
|
|
CZR
5
DELISTED
Caesars Entertainment Corporation
CZR
| $1.39B | 7.03% |
114,250,942
| – | – |
|
|
6
Cheniere Energy
LNG
$57.3B
| $1.01B | 5.1% |
20,820,229
+664,473
| +3% | +$29M |
|
7
Newell Brands
NWL
$2.59B
| $694M | 3.52% |
43,704,616
| – | – |
|
|
CLDR
8
DELISTED
Cloudera, Inc.
CLDR
| $666M | 3.37% |
52,327,391
-2,467,827
| -5% | -$23.7M |
|
|
NAV
9
DELISTED
Navistar International
NAV
| $472M | 2.39% |
16,729,960
| – | – |
|
10
Xerox
XRX
$381M
| $359M | 1.82% |
23,456,087
| – | – |
|
11
Delek US
DK
$4.38B
| $183M | 0.93% |
10,539,880
| – | – |
|
12
Herc Holdings
HRI
$5.41B
| $138M | 0.7% |
4,494,789
| – | – |
|
13
Conduent
CNDT
$250M
| $91.2M | 0.46% |
38,149,336
| – | – |
|
|
WBT
14
DELISTED
Welbilt, Inc.
WBT
| $72.7M | 0.37% |
11,942,238
| – | – |
|
|
TEN
15
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $69.1M | 0.35% |
9,136,392
+3,485,215
| +62% | +$20.3M |
|
16
SandRidge Energy
SD
$532M
| $6.22M | 0.03% |
4,818,832
| – | – |
|
|
17
Freeport-McMoran
FCX
$110B
| – | – |
-26,770,875
| Closed | -$181M |
|
|
18
HP
HPQ
$27.2B
| – | – |
-62,902,970
| Closed | -$1.09B |
|
|
HTZ
19
DELISTED
Hertz Global Holdings, Inc.
HTZ
| – | – |
-55,342,109
| Closed | -$342M |
|
Similar funds
Carl Icahn's Q2 2020 Portfolio in Review
As of Q2 2020, Carl Icahn held 19 positions worth $19.7B, up 9.6% from $18B the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Carl Icahn withdrew a net $1.2B in Q2 2020, closing 3 positions and reducing 1 holding. Its most notable exit was HP, an estimated $1.09B position sold in full.
By sector, the portfolio is most concentrated in Energy at 72% of assets, up from 70% a quarter earlier, followed by Consumer Staples and Consumer Discretionary.
Against the trend, Carl Icahn added an estimated $394M to Icahn Enterprises.
- Carl Icahn added most to Icahn Enterprises in Q2 2020, an estimated $394M increase.
- Carl Icahn's biggest Q2 2020 reduction was Cloudera, Inc., cutting an estimated $23.7M.
- Carl Icahn fully exited HP in Q2 2020, selling an estimated $1.09B.
- Carl Icahn's ten largest holdings make up 97% of its $19.7B portfolio in Q2 2020.
- Carl Icahn opened 0 new positions and closed 3 in Q2 2020.
- Carl Icahn's portfolio value rose 9.6% quarter-over-quarter to $19.7B.
Based on Icahn Carl's 13F filing for Q2 2020, filed 14 Aug 2020.