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Icahn Enterprises

115 hedge funds and large institutions have $4.03B invested in Icahn Enterprises in 2025 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 27 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 27

36% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 14

4.58% more ownership

Funds ownership: 87.06%91.64% (+4.6%)

5% more funds holding

Funds holding: 110115 (+5)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less capital invested

Capital invested by funds: $4.12B → $4.03B (-$96.6M)

47% less call options, than puts

Call options by funds: $13.4M | Put options by funds: $25.4M

Holders
115
Holders Change
+5
Holders Change %
+4.55%
% of All Funds
1.51%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
19
Increased
45
Reduced
27
Closed
14
Calls
$13.4M
Puts
$25.4M
Net Calls
-$11.9M
Net Calls Change
-$16.8M
Name Holding Trade Value Shares
Change
Change in
Stake
KCFA
26
Key Client Fiduciary Advisors
New Jersey
$276K +$16.8K +1,961 +6%
Commonwealth Equity Services
27
Commonwealth Equity Services
Massachusetts
$274K -$457K -53,462 -61%
LIA
28
Limestone Investment Advisors
New York
$248K
PNC Financial Services Group
29
PNC Financial Services Group
Pennsylvania
$247K +$20.1K +2,350 +8%
ASN
30
Advisory Services Network
Georgia
$246K -$25.9K -3,023 -10%
National Bank of Canada
31
National Bank of Canada
Quebec, Canada
$241K
UAG
32
United Advisor Group
Ohio
$240K +$12.7K +1,483 +5%
Stifel Financial
33
Stifel Financial
Missouri
$236K -$1.53K -179 -0.6%
SG Americas Securities
34
SG Americas Securities
New York
$228K +$17.8K +2,077 +8%
SP
35
Stablepoint Partners
Massachusetts
$220K +$13.8K +1,612 +6%
JF
36
Jump Financial
Illinois
$216K +$229K +26,821 New
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$201K -$12.6K -1,472 -6%
GCP
38
GSA Capital Partners
United Kingdom
$196K -$242K -28,314 -54%
MWM
39
Meridian Wealth Management
Kentucky
$192K +$23.2K +2,717 +13%
Barclays
40
Barclays
United Kingdom
$192K -$118K -13,754 -37%
Corient Private Wealth
41
Corient Private Wealth
Florida
$187K -$2.8K -327 -1%
CCA
42
Corps Capital Advisors
Texas
$184K
BCM
43
Brookstone Capital Management
Illinois
$165K -$1.71K -200 -1%
AWM
44
Arista Wealth Management
Nevada
$161K +$171K +20,000 New
PA
45
PSI Advisors
Florida
$161K -$15.9K -1,864 -9%
OC
46
Oppenheimer & Co
New York
$159K +$10.9K +1,278 +7%
VF
47
Virtu Financial
New York
$158K -$296K -34,545 -64%
PCMC
48
Paragon Capital Management (Colorado)
Colorado
$156K +$18.5K +2,163 +13%
Cetera Investment Advisers
49
Cetera Investment Advisers
Illinois
$155K +$8.41K +983 +5%
TCM
50
Triumph Capital Management
Colorado
$153K -$36.7K -4,285 -18%

IEP Hedge Fund Activity: Q2 2025 in Review

115 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Icahn Enterprises (IEP) for Q2 2025, worth a combined $4.03B — down 2.3% from $4.12B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new IEP positions and 14 closed out — a net gain of 5 holders — while 45 added to existing stakes and 27 trimmed.

The largest buyer was Icahn Carl, adding an estimated $376M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $463K sold.

  • 115 institutional investors held Icahn Enterprises (IEP) as of Q2 2025, up from 110 in Q1 2025.
  • Funds reported $4.03B of Icahn Enterprises stock for Q2 2025, down 2.3% quarter-over-quarter.
  • 19 funds opened new Icahn Enterprises positions in Q2 2025 and 14 closed out, a net change of +5 holders.
  • The largest Icahn Enterprises buyer in Q2 2025 was Icahn Carl, an estimated $376M added.
  • The largest Icahn Enterprises seller in Q2 2025 was BNP Paribas Financial Markets, an estimated $463K sold.

Based on aggregated 13F filings for Q2 2025.