We are live on ! Find out more
CI

Carl Icahn Icahn Carl

AUM $8.26B
1-Year Est. Return 15.11%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+1.58%
1 Year Est. Return
+15.11%
3 Year Est. Return
-36.88%
5 Year Est. Return
-51.16%
10 Year Est. Return
-0.48%
AUM
$7.49B
AUM Growth
+$72.3M
Cap. Flow
+$7.01M
Cap. Flow %
0.09%
Top 10 Hldgs %
97.81%
Holding
14
New
–
Increased
4
Reduced
1
Closed
–

Top Buys

Rank Stock Value
1
JBLU icon
JetBlue
JBLU
+$104M
2
CVI icon
CVR Energy
CVI
+$36M
3
ILMN icon
Illumina
ILMN
+$19.5M
4
UAN icon
CVR Partners
UAN
+$2.58M

Top Sells

Rank Stock Value
1
SWX icon
Southwest Gas
SWX
+$155M

Sector Composition

Rank Sector Weight
1 Energy 73.04%
2 Utilities 9.53%
3 Materials 8%
4 Healthcare 3.91%
5 Consumer Discretionary 3.36%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IEP icon
1
Icahn Enterprises
IEP
$4.83B
$4.08B 54.55%
450,788,170
– –
CVI icon
2
CVR Energy
CVI
$3.97B
$1.33B 17.76%
68,534,270
+1,841,889
+3% +$36M
SWX icon
3
Southwest Gas
SWX
$6.44B
$541M 7.22%
7,532,604
-2,100,000
-22% -$155M
UAN icon
4
CVR Partners
UAN
$1.33B
$308M 4.12%
4,099,155
+32,963
+0.8% +$2.58M
IFF icon
5
International Flavors & Fragrances
IFF
$21.5B
$291M 3.89%
3,750,000
– –
BHC icon
6
Bausch Health
BHC
$2.41B
$225M 3%
34,721,118
– –
DAN icon
7
Dana Inc
DAN
$3.41B
$190M 2.54%
14,286,505
– –
JBLU icon
8
JetBlue
JBLU
$1.85B
$162M 2.16%
33,621,735
+15,894,706
+90% +$104M
AEP icon
9
American Electric Power
AEP
$65.8B
$132M 1.76%
1,205,300
– –
CZR icon
10
Caesars Entertainment
CZR
$6.06B
$61M 0.81%
2,440,109
– –
SD icon
11
SandRidge Energy
SD
$532M
$55M 0.74%
4,818,832
– –
BLCO icon
12
Bausch + Lomb
BLCO
$6.16B
$50.8M 0.68%
3,500,000
– –
CTRI icon
13
Centuri Holdings
CTRI
$2.16B
$40.8M 0.54%
2,486,495
– –
ILMN icon
14
Illumina
ILMN
$33.1B
$17.5M 0.23%
220,000
+180,000
+450% +$19.5M

Similar funds

KWM
Kingsview Wealth Management Grants Pass, Oregon $8.25B AUM 24.8% 1-Year Est. Return
AWM
Apollon Wealth Management Mount Pleasant, South Carolina $8.23B AUM 30.88% 1-Year Est. Return
WF
Welch & Forbes Boston, Massachusetts $8.23B AUM 17.62% 1-Year Est. Return
CFG
Citizens Financial Group Providence, Rhode Island $8.3B AUM 27.66% 1-Year Est. Return
PS
Principal Securities Des Moines, Iowa $8.31B AUM 21.94% 1-Year Est. Return
BIM
Bridges Investment Management Omaha, Nebraska $8.22B AUM 21.38% 1-Year Est. Return
SC
Saturna Capital Bellingham, Washington $8.19B AUM 42.01% 1-Year Est. Return
FWCM
Ferguson Wellman Capital Management Portland, Oregon $8.19B AUM 30.56% 1-Year Est. Return

Carl Icahn's Q1 2025 Portfolio in Review

As of Q1 2025, Carl Icahn held 14 positions worth $7.49B, up 0.98% from $7.42B the previous quarter. Its ten largest holdings account for 98% of the portfolio.

Trading was light in Q1 2025: portfolio turnover was 0%. Carl Icahn opened no new positions and made no exits, leaving the 14-position portfolio largely intact.

By sector, the portfolio is most concentrated in Energy at 73% of assets, up from 70% a quarter earlier, followed by Utilities and Materials.

  • Carl Icahn added most to JetBlue in Q1 2025, an estimated $104M increase.
  • Carl Icahn's biggest Q1 2025 reduction was Southwest Gas, cutting an estimated $155M.
  • Carl Icahn's ten largest holdings make up 98% of its $7.49B portfolio in Q1 2025.
  • Carl Icahn opened 0 new positions and closed 0 in Q1 2025.
  • Carl Icahn's portfolio value rose 0.98% quarter-over-quarter to $7.49B.

Based on Icahn Carl's 13F filing for Q1 2025, filed 15 May 2025.