Icahn Carl Portfolio holdings
The Icahn Carl 13F filing belongs to Carl Icahn, one of the first activist investors, who takes large stakes in companies and presses management for changes. In 1968 he bought a seat on the New York Stock Exchange and set up Icahn & Co., which traded in risk arbitrage and options. His takeover of Trans World Airlines, which he later sold off in pieces, earned him a reputation as a 1980s corporate raider. Icahn founded Icahn Enterprises and controls it. This public conglomerate owns businesses in energy, automotive, metals, real estate and other sectors, and took its name in 2007 when American Real Estate Partners, another Icahn-controlled entity, merged into it. Icahn started the hedge fund Icahn Partners in 2004, and has not managed money for outside clients since 2011.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Icahn Enterprises
IEP
|
+$438M |
| 2 |
Freeport-McMoran
FCX
|
+$4.27M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PayPal
PYPL
|
+$1.06B |
| 2 |
American International
AIG
|
+$164M |
| 3 |
Xerox
XRX
|
+$141 |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 55.78% |
| 2 | Financials | 16.49% |
| 3 | Industrials | 9.9% |
| 4 | Consumer Staples | 8.34% |
| 5 | Materials | 5.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Icahn Enterprises
IEP
$3.73B
| $7.71B | 39.44% |
149,276,054
+8,751,899
| +6% | +$438M |
2013 Q2
16 quarters
|
|
|
2
American International
AIG
$42.8B
| $2.69B | 13.75% |
43,000,000
-2,644,982
| -6% | -$164M |
2015 Q3
7 quarters
|
|
3
Herbalife
HLF
$1.6B
| $1.63B | 8.34% |
45,744,648
| – | – |
2013 Q2
16 quarters
|
|
4
Cheniere Energy
LNG
$63.6B
| $1.59B | 8.14% |
32,680,490
| – | – |
2015 Q2
8 quarters
|
|
5
CVR Energy
CVI
$4.59B
| $1.55B | 7.92% |
71,198,718
| – | – |
2013 Q2
16 quarters
|
|
|
6
Freeport-McMoran
FCX
$88.4B
| $1.1B | 5.63% |
91,587,940
+351,644
| +0.4% | +$4.27M |
2015 Q3
7 quarters
|
|
|
7
Xerox
XRX
$143M
| $711M | 3.64% |
24,757,502
-5
| -0% | -$141 |
2015 Q4
6 quarters
|
|
|
8
PayPal
PYPL
$49B
| $537M | 2.74% |
10,000,000
-21,574,653
| -68% | -$1.06B |
2015 Q3
7 quarters
|
|
|
ARII
9
DELISTED
American Railcar Industries, Inc.
ARII
| $455M | 2.33% |
11,871,268
| – | – |
2013 Q2
16 quarters
|
|
|
NAV
10
DELISTED
Navistar International
NAV
| $439M | 2.24% |
16,729,960
| – | – |
2013 Q2
16 quarters
|
|
11
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $337M | 1.72% |
33,682,713
| – | – |
2016 Q2
4 quarters
|
|
12
Conduent
CNDT
$198M
| $316M | 1.61% |
19,806,000
| – | – |
2017 Q1
1 quarter
|
|
|
WBT
13
DELISTED
Welbilt, Inc.
WBT
| $199M | 1.02% |
10,582,660
| – | – |
2016 Q1
5 quarters
|
|
14
Herc Holdings
HRI
$5.69B
| $170M | 0.87% |
4,312,860
| – | – |
2014 Q3
11 quarters
|
|
15
Manitowoc
MTW
$890M
| $63.6M | 0.33% |
2,645,665
| – | – |
2014 Q4
10 quarters
|
|
|
CVRR
16
DELISTED
CVR Refining, LP
CVRR
| $54.6M | 0.28% |
5,750,000
| – | – |
2015 Q3
7 quarters
|
|
Similar funds
Icahn Carl's Q2 2017 Portfolio in Review
As of Q2 2017, Icahn Carl held 16 positions worth $19.6B, down 1.9% from $19.9B the previous quarter. Its ten largest holdings account for 94% of the portfolio.
Icahn Carl withdrew a net $783M in Q2 2017, reducing 3 holdings. Its largest reduction was PayPal, cutting an estimated $1.06B.
By sector, the portfolio is most concentrated in Energy at 56% of assets, up from 51% a quarter earlier, followed by Financials and Industrials.
Against the trend, Icahn Carl added an estimated $438M to Icahn Enterprises.
- Icahn Carl added most to Icahn Enterprises in Q2 2017, an estimated $438M increase.
- Icahn Carl's biggest Q2 2017 reduction was PayPal, cutting an estimated $1.06B.
- Icahn Carl's ten largest holdings make up 94% of its $19.6B portfolio in Q2 2017.
- Icahn Carl opened 0 new positions and closed 0 in Q2 2017.
- Icahn Carl's portfolio value fell 1.9% quarter-over-quarter to $19.6B.
Based on Icahn Carl's 13F filing for Q2 2017, filed 14 Aug 2017.