We are live on ! Find out more
IC

Icahn Carl Portfolio holdings

AUM $8.55B
1-Year Est. Return 29.29%
This Fund
S&P 500
This Quarter Est. Return
+1.58%
1 Year Est. Return
+29.29%
3 Year Est. Return
-52.41%
5 Year Est. Return
-44.99%
10 Year Est. Return
-2.67%
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
$5.23B
$4.08B 54.55%
450,788,170
– –
CVI icon
2
CVR Energy
CVI
$3.46B
$1.33B 17.76%
68,534,270
+1,841,889
+3% +$36M
SWX icon
3
Southwest Gas
SWX
$6.67B
$541M 7.22%
7,532,604
-2,100,000
-22% -$155M
UAN icon
4
CVR Partners
UAN
$1.29B
$308M 4.12%
4,099,155
+32,963
+0.8% +$2.58M
IFF icon
5
International Flavors & Fragrances
IFF
$20B
$291M 3.89%
3,750,000
– –
BHC icon
6
Bausch Health
BHC
$1.68B
$225M 3%
34,721,118
– –
DAN icon
7
Dana Inc
DAN
$2.9B
$190M 2.54%
14,286,505
– –
JBLU icon
8
JetBlue
JBLU
$2.17B
$162M 2.16%
33,621,735
+15,894,706
+90% +$104M
AEP icon
9
American Electric Power
AEP
$71.2B
$132M 1.76%
1,205,300
– –
CZR icon
10
Caesars Entertainment
CZR
$6.05B
$61M 0.81%
2,440,109
– –
SD icon
11
SandRidge Energy
SD
$501M
$55M 0.74%
4,818,832
– –
BLCO icon
12
Bausch + Lomb
BLCO
$5.9B
$50.8M 0.68%
3,500,000
– –
CTRI icon
13
Centuri Holdings
CTRI
$2.5B
$40.8M 0.54%
2,486,495
– –
ILMN icon
14
Illumina
ILMN
$29.3B
$17.5M 0.23%
220,000
+180,000
+450% +$19.5M

Similar funds

NB
Norinchukin Bank Tokyo, Japan $8.57B AUM 20.17% 1-Year Est. Return
ACM
Advisors Capital Management Ridgewood, New Jersey $8.58B AUM 23.43% 1-Year Est. Return
PCM
Penserra Capital Management Orinda, California $8.52B AUM 37.76% 1-Year Est. Return
GRQ
Gardner Russo & Quinn Lancaster, Pennsylvania $8.5B AUM 9.79% 1-Year Est. Return
DM
Deerfield Management New York $8.48B AUM 99.04% 1-Year Est. Return
PCIA
Prime Capital Investment Advisors Overland Park, Kansas $8.65B AUM 19.52% 1-Year Est. Return
FT
Fiduciary Trust Boston, Massachusetts $8.46B AUM 21.38% 1-Year Est. Return
MC
Maverick Capital Dallas, Texas $8.67B AUM 48.76% 1-Year Est. Return

Icahn Carl's Q1 2025 Portfolio in Review

As of Q1 2025, Icahn Carl 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%. Icahn Carl 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.

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