Icahn Enterprises
76 hedge funds and large institutions have $11.9B invested in Icahn Enterprises in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 12 closing their positions.
125% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 12
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32% more capital invested
Capital invested by funds: $9B → $11.9B (+$2.88B)
23% more funds holding
Funds holding: 62 → 76 (+14)
0.62% more ownership
Funds ownership: 126.25% → 126.87% (+0.62%)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
79% less call options, than puts
Call options by funds: $9.3M | Put options by funds: $43.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$156M |
| 2 |
Morgan Stanley
New York
|
+$30.4M |
| 3 |
SCM
SAB Capital Management
New York
|
+$15M |
| 4 |
HK
Horizon Kinetics
New York
|
+$9.64M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$159M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.72M |
| 3 |
GAM
Goldentree Asset Management
New York
|
-$4.66M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.34M |
| 5 |
OC
Oppenheimer & Co
New York
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
76
Goldentree Asset Management
New York
| – | -$4.66M | -55,905 | Closed |
|
|
RP
77
Raiff Partners
New York
| – | -$833K | -10,000 | Closed |
|
|
CCA
78
Catalyst Capital Advisors
Huntington,
New York
| – | -$615K | -7,378 | Closed |
|
79
William Blair & Company
Chicago,
Illinois
| – | -$403K | -4,840 | Closed |
|
|
CWM
80
Concert Wealth Management
San Jose,
California
| – | -$399K | -4,828 | Closed |
|
|
ZCM
81
Zebra Capital Management
Stamford,
Connecticut
| – | -$352K | -4,223 | Closed |
|
|
PAA
82
Peregrine Asset Advisers
Portland,
Oregon
| – | -$333K | -4,000 | Closed |
|
|
UR
83
USCA RIA
Houston,
Texas
| – | -$333K | -4,000 | Closed |
|
|
ST
84
Spot Trading
Chicago,
Illinois
| – | -$424K | -3,903 | Closed |
|
|
MAA
85
Mraz Amerine & Associates
Modesto,
California
| – | -$251K | -3,009 | Closed |
|
|
PCM
86
Prelude Capital Management
New York
| – | -$37K | -450 | Closed |
|
87
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$11K | -130 | Closed |
|
IEP Hedge Fund Activity: Q4 2013 in Review
76 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Icahn Enterprises (IEP) for Q4 2013, worth a combined $11.9B — up 32% from $9B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new IEP positions and 12 closed out — a net gain of 15 holders — while 20 added to existing stakes and 21 trimmed.
The largest buyer was Icahn Carl, adding an estimated $156M. The largest seller was Citigroup, cutting an estimated $159M.
- 76 institutional investors held Icahn Enterprises (IEP) as of Q4 2013, up from 62 in Q3 2013.
- Funds reported $11.9B of Icahn Enterprises stock for Q4 2013, up 32% quarter-over-quarter.
- 27 funds opened new Icahn Enterprises positions in Q4 2013 and 12 closed out, a net change of +15 holders.
- The largest Icahn Enterprises buyer in Q4 2013 was Icahn Carl, an estimated $156M added.
- The largest Icahn Enterprises seller in Q4 2013 was Citigroup, an estimated $159M sold.
Based on aggregated 13F filings for Q4 2013.