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 |
International Flavors & Fragrances
IFF
|
+$85.6M |
| 2 |
Occidental Petroleum Corp Warrants
OXY.WS
|
+$1.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Occidental Petroleum
OXY
|
+$1.3B |
| 2 |
Cheniere Energy
LNG
|
+$783M |
| 3 |
Newell Brands
NWL
|
+$246M |
| 4 |
Delek US
DK
|
+$102M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 76.01% |
| 2 | Industrials | 7.25% |
| 3 | Utilities | 5.02% |
| 4 | Healthcare | 3.63% |
| 5 | Consumer Staples | 3.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Icahn Enterprises
IEP
$4.83B
| $13.3B | 61.04% |
257,047,260
| – | – |
|
2
CVR Energy
CVI
$3.97B
| $1.82B | 8.32% |
71,198,718
| – | – |
|
|
3
Cheniere Energy
LNG
$57.3B
| $1.35B | 6.16% |
9,722,592
-6,446,014
| -40% | -$783M |
|
4
FirstEnergy
FE
$26.6B
| $870M | 3.98% |
18,967,757
| – | – |
|
5
Bausch Health
BHC
$2.41B
| $793M | 3.63% |
34,721,118
| – | – |
|
|
6
Newell Brands
NWL
$2.59B
| $708M | 3.24% |
33,070,432
-10,634,184
| -24% | -$246M |
|
7
Herc Holdings
HRI
$5.41B
| $672M | 3.07% |
4,022,841
| – | – |
|
8
Xerox
XRX
$381M
| $648M | 2.96% |
32,114,891
| – | – |
|
|
9
Occidental Petroleum Corp Warrants
OXY.WS
$37.1B
| $531M | 2.43% |
15,062,416
+58,090
| +0.4% | +$1.4M |
|
|
WBT
10
DELISTED
Welbilt, Inc.
WBT
| $265M | 1.21% |
11,150,368
| – | – |
|
11
Dana Inc
DAN
$3.41B
| $251M | 1.15% |
14,286,505
| – | – |
|
12
Southwest Gas
SWX
$6.44B
| $227M | 1.04% |
2,898,676
| – | – |
|
13
Conduent
CNDT
$250M
| $197M | 0.9% |
38,149,336
| – | – |
|
|
14
International Flavors & Fragrances
IFF
$21.5B
| $84.6M | 0.39% |
+644,510
| New | +$85.6M |
|
15
SandRidge Energy
SD
$532M
| $77.2M | 0.35% |
4,818,832
| – | – |
|
|
16
Delek US
DK
$4.38B
| $28.4M | 0.13% |
1,339,093
-5,642,707
| -81% | -$102M |
|
|
17
Occidental Petroleum
OXY
$61.3B
| – | – |
-45,000,346
| Closed | -$1.3B |
|
Similar funds
Carl Icahn's Q1 2022 Portfolio in Review
As of Q1 2022, Carl Icahn held 17 positions worth $21.9B, down 1.9% from $22.3B the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Carl Icahn withdrew a net $2.35B in Q1 2022, closing 1 position and reducing 3 holdings. Its most notable exit was Occidental Petroleum, an estimated $1.3B position sold in full.
By sector, the portfolio is most concentrated in Energy at 76% of assets, down from 76% a quarter earlier, followed by Industrials and Utilities.
Against the trend, Carl Icahn opened a new position in International Flavors & Fragrances worth $84.6M.
- Carl Icahn's largest Q1 2022 buy was International Flavors & Fragrances: 644,510 shares worth $84.6M.
- Carl Icahn added most to Occidental Petroleum Corp Warrants in Q1 2022, an estimated $1.4M increase.
- Carl Icahn's biggest Q1 2022 reduction was Cheniere Energy, cutting an estimated $783M.
- Carl Icahn fully exited Occidental Petroleum in Q1 2022, selling an estimated $1.3B.
- Carl Icahn's ten largest holdings make up 96% of its $21.9B portfolio in Q1 2022.
- Carl Icahn opened 1 new position and closed 1 in Q1 2022.
- Carl Icahn's portfolio value fell 1.9% quarter-over-quarter to $21.9B.
Based on Icahn Carl's 13F filing for Q1 2022, filed 13 May 2022.