Icahn Enterprises
107 hedge funds and large institutions have $10.2B invested in Icahn Enterprises in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 18 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
1.71% less ownership
Funds ownership: 99.76% → 98.04% (-1.7%)
9% less funds holding
Funds holding: 117 → 107 (-10)
20% less capital invested
Capital invested by funds: $12.7B → $10.2B (-$2.57B)
33% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 18
48% less call options, than puts
Call options by funds: $5.3M | Put options by funds: $10.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$192M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$767K |
| 3 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$698K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$686K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$666K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$8.48M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.78M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.81M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$778K |
| 5 |
AAM
American Asset Management
Boca Raton,
Florida
|
-$778K |
IEP Hedge Fund Activity: Q1 2020 in Review
107 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Icahn Enterprises (IEP) for Q1 2020, worth a combined $10.2B — down 20% from $12.7B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of IEP and 12 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 30 added.
The largest buyer was Citigroup, adding an estimated $192M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $8.48M.
- 107 institutional investors held Icahn Enterprises (IEP) as of Q1 2020, down from 117 in Q4 2019.
- Funds reported $10.2B of Icahn Enterprises stock for Q1 2020, down 20% quarter-over-quarter.
- 12 funds opened new Icahn Enterprises positions in Q1 2020 and 18 closed out, a net change of -6 holders.
- The largest Icahn Enterprises buyer in Q1 2020 was Citigroup, an estimated $192M added.
- The largest Icahn Enterprises seller in Q1 2020 was Horizon Kinetics Asset Management, an estimated $8.48M sold.
Based on aggregated 13F filings for Q1 2020.