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
|
+$1.07B |
| 2 |
Southwest Gas
SWX
|
+$195M |
| 3 |
Bausch + Lomb
BLCO
|
+$56.7M |
| 4 |
Xerox
XRX
|
+$37.8M |
| 5 |
Occidental Petroleum Corp Warrants
OXY.WS
|
+$8.34M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cheniere Energy
LNG
|
+$560M |
| 2 |
Delek US
DK
|
+$28.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 79.43% |
| 2 | Utilities | 5.62% |
| 3 | Industrials | 5.45% |
| 4 | Consumer Staples | 3.02% |
| 5 | Healthcare | 1.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Icahn Enterprises
IEP
$4.83B
| $13.4B | 64.06% |
277,653,658
+20,606,398
| +8% | +$1.07B |
|
2
CVR Energy
CVI
$3.97B
| $2.39B | 11.44% |
71,198,718
| – | – |
|
|
3
Cheniere Energy
LNG
$57.3B
| $747M | 3.58% |
5,611,613
-4,110,979
| -42% | -$560M |
|
4
FirstEnergy
FE
$26.6B
| $728M | 3.49% |
18,967,757
| – | – |
|
5
Newell Brands
NWL
$2.59B
| $630M | 3.02% |
33,070,432
| – | – |
|
|
6
Occidental Petroleum Corp Warrants
OXY.WS
$37.1B
| $565M | 2.71% |
15,272,431
+210,015
| +1% | +$8.34M |
|
|
7
Xerox
XRX
$381M
| $509M | 2.44% |
34,245,314
+2,130,423
| +7% | +$37.8M |
|
|
8
Southwest Gas
SWX
$6.44B
| $444M | 2.13% |
5,103,121
+2,204,445
| +76% | +$195M |
|
9
Herc Holdings
HRI
$5.41B
| $363M | 1.74% |
4,022,841
| – | – |
|
10
Bausch Health
BHC
$2.41B
| $290M | 1.39% |
34,721,118
| – | – |
|
|
WBT
11
DELISTED
Welbilt, Inc.
WBT
| $265M | 1.27% |
11,150,368
| – | – |
|
12
Dana Inc
DAN
$3.41B
| $201M | 0.96% |
14,286,505
| – | – |
|
13
Conduent
CNDT
$250M
| $165M | 0.79% |
38,149,336
| – | – |
|
14
International Flavors & Fragrances
IFF
$21.5B
| $76.8M | 0.37% |
644,510
| – | – |
|
15
SandRidge Energy
SD
$532M
| $75.5M | 0.36% |
4,818,832
| – | – |
|
|
16
Bausch + Lomb
BLCO
$6.16B
| $53.3M | 0.26% |
+3,500,000
| New | +$56.7M |
|
|
17
Delek US
DK
$4.38B
| – | – |
-1,339,093
| Closed | -$28.4M |
|
Similar funds
Carl Icahn's Q2 2022 Portfolio in Review
As of Q2 2022, Carl Icahn held 17 positions worth $20.9B, down 4.6% from $21.9B the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Carl Icahn deployed $779M of net new capital in Q2 2022, opening 1 new position and adding to 4 existing holdings. Its largest new stake was Bausch + Lomb: 3,500,000 shares worth $53.3M.
By sector, the portfolio is most concentrated in Energy at 79% of assets, up from 76% a quarter earlier, followed by Utilities and Industrials.
On the sell side, the largest reduction was Cheniere Energy, an estimated $560M trimmed.
- Carl Icahn's largest Q2 2022 buy was Bausch + Lomb: 3,500,000 shares worth $53.3M.
- Carl Icahn added most to Icahn Enterprises in Q2 2022, an estimated $1.07B increase.
- Carl Icahn's biggest Q2 2022 reduction was Cheniere Energy, cutting an estimated $560M.
- Carl Icahn fully exited Delek US in Q2 2022, selling an estimated $28.4M.
- Carl Icahn's ten largest holdings make up 96% of its $20.9B portfolio in Q2 2022.
- Carl Icahn opened 1 new position and closed 1 in Q2 2022.
- Carl Icahn's portfolio value fell 4.6% quarter-over-quarter to $20.9B.
Based on Icahn Carl's 13F filing for Q2 2022, filed 15 Aug 2022.