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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
EWA
76
EverSource Wealth Advisors
Alabama
$14.1K
FFA
77
Farther Finance Advisors
California
$13.2K +$385 +45 +3%
SPIA
78
Steward Partners Investment Advisory
New York
$13.2K +$6.62K +774 +89%
WSFS
79
Wilmington Savings Fund Society
Delaware
$11.2K -$6.75K -789 -36%
AAS
80
Ameritas Advisory Services
Nebraska
$10.8K +$11.5K +1,340 New
IA
81
IFP Advisors
Florida
$9.05K +$1.07K +125 +13%
HI
82
Harbour Investments
Wisconsin
$8.57K
Jones Financial Companies
83
Jones Financial Companies
Missouri
$8.39K +$6.17K +721 +237%
Fidelity Investments
84
Fidelity Investments
Massachusetts
$6.63K +$7.05K +824 New
BSB
85
Bangor Savings Bank
Maine
$4.83K
Northwestern Mutual Wealth Management
86
Northwestern Mutual Wealth Management
Wisconsin
$3.83K -$13.2K -1,547 -76%
HAP
87
Harbor Asset Planning
Massachusetts
$3.69K +$3.92K +458 New
CWM
88
Cedar Wealth Management
California
$3.38K
TCOT
89
Trust Company of Toledo
Ohio
$2.75K +$2.93K +342 New
BWL
90
Bogart Wealth LLC
Virginia
$2.16K +$257 +30 +13%
ITIM
91
Indiana Trust & Investment Management
Indiana
$2.07K +$128 +15 +6%
JP Morgan Chase
92
JP Morgan Chase
New York
$1.96K
AAP
93
Arax Advisory Partners
Colorado
$1.78K
NB
94
NBT Bank
New York
$1.61K
NL
95
NVWM LLC
Pennsylvania
$1.28K +$317 +37 +30%
T
96
Transce3nd
Texas
$1.21K
LI
97
LRI Investments
Florida
$1.09K +$120 +14 +11%
Carson Wealth (CWM LLC)
98
Carson Wealth (CWM LLC)
Nebraska
$1K
Fifth Third Bancorp
99
Fifth Third Bancorp
Ohio
$845 -$17K -1,987 -95%
CA
100
CoreCap Advisors
Michigan
$834 +$94 +11 +12%

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.