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
|
+$298M |
| 2 |
American Electric Power
AEP
|
+$93.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FirstEnergy
FE
|
+$297M |
| 2 |
Crown Holdings
CCK
|
+$92M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 77.06% |
| 2 | Utilities | 9.27% |
| 3 | Healthcare | 3.65% |
| 4 | Consumer Discretionary | 1.91% |
| 5 | Technology | 1.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Icahn Enterprises
IEP
$4.83B
| $6.32B | 57.94% |
367,879,902
+17,060,798
| +5% | +$298M |
|
2
CVR Energy
CVI
$3.97B
| $2.02B | 18.52% |
66,692,381
| – | – |
|
3
Southwest Gas
SWX
$6.44B
| $698M | 6.4% |
11,022,604
| – | – |
|
4
Occidental Petroleum Corp Warrants
OXY.WS
$37.1B
| $642M | 5.88% |
16,485,432
| – | – |
|
5
Bausch Health
BHC
$2.41B
| $278M | 2.55% |
34,721,118
| – | – |
|
|
6
FirstEnergy
FE
$26.6B
| $216M | 1.98% |
5,887,171
-8,203,607
| -58% | -$297M |
|
7
Dana Inc
DAN
$3.41B
| $209M | 1.91% |
14,286,505
| – | – |
|
8
Conduent
CNDT
$250M
| $139M | 1.28% |
38,149,336
| – | – |
|
|
9
American Electric Power
AEP
$65.8B
| $97.9M | 0.9% |
+1,205,300
| New | +$93.6M |
|
10
SandRidge Energy
SD
$532M
| $65.9M | 0.6% |
4,818,832
| – | – |
|
11
Illumina
ILMN
$33.1B
| $59.9M | 0.55% |
442,040
| – | – |
|
12
Bausch + Lomb
BLCO
$6.16B
| $59.7M | 0.55% |
3,500,000
| – | – |
|
13
International Flavors & Fragrances
IFF
$21.5B
| $52.2M | 0.48% |
644,510
| – | – |
|
14
Newell Brands
NWL
$2.59B
| $51.6M | 0.47% |
5,940,744
| – | – |
|
|
15
Crown Holdings
CCK
$13B
| – | – |
-1,040,100
| Closed | -$92M |
|
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Carl Icahn's Q4 2023 Portfolio in Review
As of Q4 2023, Carl Icahn held 15 positions worth $10.9B, down 9.7% from $12.1B the previous quarter. Its ten largest holdings account for 98% of the portfolio.
Carl Icahn's Q4 2023 filing shows 1 new, 1 increased, 1 reduced and 1 closed positions. Its largest new stake was American Electric Power: 1,205,300 shares worth $97.9M. The largest sale was FirstEnergy, an estimated $297M.
By sector, the portfolio is most concentrated in Energy at 77% of assets, up from 77% a quarter earlier, followed by Utilities and Healthcare.
- Carl Icahn's largest Q4 2023 buy was American Electric Power: 1,205,300 shares worth $97.9M.
- Carl Icahn added most to Icahn Enterprises in Q4 2023, an estimated $298M increase.
- Carl Icahn's biggest Q4 2023 reduction was FirstEnergy, cutting an estimated $297M.
- Carl Icahn fully exited Crown Holdings in Q4 2023, selling an estimated $92M.
- Carl Icahn's ten largest holdings make up 98% of its $10.9B portfolio in Q4 2023.
- Carl Icahn opened 1 new position and closed 1 in Q4 2023.
- Carl Icahn's portfolio value fell 9.7% quarter-over-quarter to $10.9B.
Based on Icahn Carl's 13F filing for Q4 2023, filed 14 Feb 2024.