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
|
+$523M |
| 2 |
Southwest Gas
SWX
|
+$88.6M |
| 3 |
Dana Inc
DAN
|
+$51.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NAV
Navistar International
NAV
|
+$744M |
| 2 |
Occidental Petroleum
OXY
|
+$110M |
| 3 |
Occidental Petroleum Corp Warrants
OXY.WS
|
+$44.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 73.87% |
| 2 | Industrials | 7.2% |
| 3 | Technology | 4.83% |
| 4 | Consumer Staples | 4.3% |
| 5 | Healthcare | 4.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Icahn Enterprises
IEP
$4.83B
| $12.3B | 54.81% |
247,122,106
+9,476,336
| +4% | +$523M |
|
2
Cheniere Energy
LNG
$57.3B
| $1.58B | 7.01% |
16,168,606
| – | – |
|
|
3
Occidental Petroleum
OXY
$61.3B
| $1.33B | 5.91% |
45,000,346
-4,125,000
| -8% | -$110M |
|
4
CVR Energy
CVI
$3.97B
| $1.19B | 5.27% |
71,198,718
| – | – |
|
5
Newell Brands
NWL
$2.59B
| $968M | 4.3% |
43,704,616
| – | – |
|
6
Bausch Health
BHC
$2.41B
| $950M | 4.22% |
34,109,152
| – | – |
|
|
CLDR
7
DELISTED
Cloudera, Inc.
CLDR
| $836M | 3.71% |
52,327,391
| – | – |
|
8
Herc Holdings
HRI
$5.41B
| $735M | 3.26% |
4,494,789
| – | – |
|
9
FirstEnergy
FE
$26.6B
| $676M | 3% |
18,967,757
| – | – |
|
10
Xerox
XRX
$381M
| $628M | 2.79% |
31,142,681
| – | – |
|
|
11
Dana Inc
DAN
$3.41B
| $318M | 1.41% |
14,286,505
+2,250,000
| +19% | +$51.7M |
|
|
WBT
12
DELISTED
Welbilt, Inc.
WBT
| $259M | 1.15% |
11,150,368
| – | – |
|
13
Conduent
CNDT
$250M
| $251M | 1.12% |
38,149,336
| – | – |
|
|
14
Occidental Petroleum Corp Warrants
OXY.WS
$37.1B
| $180M | 0.8% |
15,170,929
-4,133,984
| -21% | -$44.5M |
|
15
Delek US
DK
$4.38B
| $134M | 0.6% |
7,461,625
| – | – |
|
|
16
Southwest Gas
SWX
$6.44B
| $84.9M | 0.38% |
+1,269,350
| New | +$88.6M |
|
17
SandRidge Energy
SD
$532M
| $62.7M | 0.28% |
4,818,832
| – | – |
|
|
NAV
18
DELISTED
Navistar International
NAV
| – | – |
-16,729,960
| Closed | -$744M |
|
Similar funds
Carl Icahn's Q3 2021 Portfolio in Review
As of Q3 2021, Carl Icahn held 18 positions worth $22.5B, down 7.3% from $24.3B the previous quarter. Its ten largest holdings account for 94% of the portfolio.
Carl Icahn's Q3 2021 filing shows 1 new, 2 increased, 2 reduced and 1 closed positions. Its largest new stake was Southwest Gas: 1,269,350 shares worth $84.9M. The largest sale was Navistar International, an estimated $744M.
By sector, the portfolio is most concentrated in Energy at 74% of assets, up from 72% a quarter earlier, followed by Industrials and Technology.
- Carl Icahn's largest Q3 2021 buy was Southwest Gas: 1,269,350 shares worth $84.9M.
- Carl Icahn added most to Icahn Enterprises in Q3 2021, an estimated $523M increase.
- Carl Icahn's biggest Q3 2021 reduction was Occidental Petroleum, cutting an estimated $110M.
- Carl Icahn fully exited Navistar International in Q3 2021, selling an estimated $744M.
- Carl Icahn's ten largest holdings make up 94% of its $22.5B portfolio in Q3 2021.
- Carl Icahn opened 1 new position and closed 1 in Q3 2021.
- Carl Icahn's portfolio value fell 7.3% quarter-over-quarter to $22.5B.
Based on Icahn Carl's 13F filing for Q3 2021, filed 15 Nov 2021.