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Icahn Enterprises

93 hedge funds and large institutions have $8.4B invested in Icahn Enterprises in 2016 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 31 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

21% more capital invested

Capital invested by funds: $6.95B → $8.4B (+$1.45B)

4% more funds holding

Funds holding: 8993 (+4)

19% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 31

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

61.85% less ownership

Funds ownership: 160.84%98.99% (-62%)

68% less call options, than puts

Call options by funds: $6.02M | Put options by funds: $18.8M

Holders
93
Holders Change
+4
Holders Change %
+4.49%
% of All Funds
2.33%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
14
Increased
25
Reduced
31
Closed
7
Calls
$6.02M
Puts
$18.8M
Net Calls
-$12.7M
Net Calls Change
+$2.08M
Name Holding Trade Value Shares
Change
Change in
Stake
IC
1
Icahn Carl
Florida
$7.79B +$158M +2,926,203 +2%
Citigroup
2
Citigroup
New York
$333M +$7.02M +130,318 +2%
HK
3
Horizon Kinetics
New York
$178M -$17M -314,695 -10%
UBS Group
4
UBS Group
Switzerland
$8.69M +$1.06M +19,615 +16%
GXMC
5
Global X Management Company
New York
$8.61M +$346K +6,416 +5%
MRI
6
Mad River Investors
Massachusetts
$8.16M +$123K +2,291 +2%
JAFL
7
Jay A. Fishman Ltd
Michigan
$7.79M -$1.34M -24,828 -16%
Morgan Stanley
8
Morgan Stanley
New York
$6.66M +$701K +12,997 +13%
Wells Fargo
9
Wells Fargo
California
$6.07M -$826K -15,322 -13%
Deutsche Bank
10
Deutsche Bank
Germany
$5.9M -$506K -9,386 -9%
RJA
11
Raymond James & Associates
Florida
$4.1M +$1.55M +28,702 +72%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$3.87M +$390K +7,233 +13%
TCIM
13
TIAA CREF Investment Management
New York
$3.6M
TYCC
14
Texas Yale Capital Corp
Florida
$3.49M -$333K -6,182 -10%
SMH
15
Sanders Morris Harris
Texas
$3.33M +$58.1K +1,077 +1%
Rafferty Asset Management
16
Rafferty Asset Management
New York
$3.22M +$141K +2,621 +5%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$2.21M -$320K -5,934 -14%
GC
18
Guggenheim Capital
Illinois
$1.88M +$243K +4,501 +17%
RHAM
19
Round Hill Asset Management
California
$1.82M +$1.64M +30,436 New
VKH
20
Virtu KCG Holdings
New York
$1.7M +$1.29M +23,867 +525%
Millennium Management
21
Millennium Management
New York
$1.43M +$1.28M +23,817 New
JP Morgan Chase
22
JP Morgan Chase
New York
$1.39M -$116K -2,148 -8%
MCM
23
McKinley Capital Management
Alaska
$1.32M +$1.19M +22,105 New
Creative Planning
24
Creative Planning
Kansas
$1.32M -$145K -2,698 -11%
CA
25
CapWealth Advisors
Tennessee
$1.25M -$1.21M -22,371 -52%

IEP Hedge Fund Activity: Q4 2016 in Review

93 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Icahn Enterprises (IEP) for Q4 2016, worth a combined $8.4B — up 21% from $6.95B a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new IEP positions and 7 closed out — a net gain of 7 holders — while 25 added to existing stakes and 31 trimmed.

The largest buyer was Icahn Carl, adding an estimated $158M. The largest seller was Horizon Kinetics, cutting an estimated $17M.

  • 93 institutional investors held Icahn Enterprises (IEP) as of Q4 2016, up from 89 in Q3 2016.
  • Funds reported $8.4B of Icahn Enterprises stock for Q4 2016, up 21% quarter-over-quarter.
  • 14 funds opened new Icahn Enterprises positions in Q4 2016 and 7 closed out, a net change of +7 holders.
  • The largest Icahn Enterprises buyer in Q4 2016 was Icahn Carl, an estimated $158M added.
  • The largest Icahn Enterprises seller in Q4 2016 was Horizon Kinetics, an estimated $17M sold.

Based on aggregated 13F filings for Q4 2016.