Carl Icahn

Carl Icahn

Last Update: 05-15-2015

Number of Stocks: 21
Number of New Stocks: 0

Total Value: $32,052 Mil
Q/Q Turnover: 1%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Carl Icahn' s Profile & Performance

Profile

Carl Icahn is an activist investor. He takes minority stakes in public companies and typically pushes for change. He invests with three investment vehicles: the 7 billion hedge fund, Icahn Partners, American Real Estate Partners (AREP), a public traded private equity firm, and ICAHN MANAGEMENT LP, a $2 billion hedge fund. GuruFocus tracks the third portfolio, which covers all the stocks owned by Icahn Partners. Mr. Icahn has a personal wealth of $17 billion.

Web Page:http://www.icahnenterprises.com/

Investing Philosophy

Mr. Icahn buys beaten-down assets that nobody else wants, usually out of bankruptcy, then fixes them up and sells them when they are back in favor. Regarding to his style, explains Icahn: The consensus thinking is generally wrong. If you go with a trend, the momentum always falls apart on you. So I buy companies that are not glamorous and usually out of favor. It is even better if the whole industry is out of favor.

Total Holding History

Performance of Icahn Capital

YearReturn (%)S&P500 (%)Excess Gain (%)
20133132.39-1.4
201220.2164.2
201134.52.1132.4
3-Year Cumulative111.8 (28.4%/year)56.8 (16.2%/year)55 (12.2%/year)
201015.215.060.1
200933.326.466.8
5-Year Cumulative225.2 (26.6%/year)128.2 (17.9%/year)97 (8.7%/year)
2008-35.6-371.4
200712.35.496.8
200637.815.7922.0
200517.94.9113.0

Top Ranked Articles

Activist Investor Carl Icahn on Genzyme Deal
Carl Icahn is famous for being an activist investor, where he buys a big stake in a corporation that enables him to influence the board. He has said, “I make all these billions because there are so many companies with problems that can be easily fixed.” So he is one kind of investor who involves himself in the decision making process of the company. He comes in and restructures/fixes the company's problems to drive its share price much higher. Read more...
Guinness Peat - Value Contest
Guinness Peat Group (GPG) dominates its industry, is managed in the interest of shareholders, is financially strong and most importantly, it can be bought at a huge discount to its fair value. Read more...
Talks of Carl Icahn Getting a Piece of Herbalife, Joining Loeb in Long Position
After fellow activist investor, Daniel Loeb set off the media earlier this week with his declaration to obtain a long position in Herbalife (HLF), a company that Pershing Square’s Bill Ackman just shorted weeks ago, corporate raiding Guru Carl Icahn has been reported yesterday afternoon of joining Loeb in taking a piece of the action. Read more...
Carl Icahn Publishes Letter to Investors and Comments on CIT Group Inc., Motorola Inc., Biogen Idec Inc., Trump Entertainment Resorts Inc. Carl Icahn Publishes Letter to Investors and Comments on Holdings
Carl Icahn is known for his activist investing. Thanks to Zerohedge who made a copy of Icahn 4Q09 Letter to Icahn Partners LP Investors available at www.scribd.com. One can get a glimpse of what’s happened with his investments and what goes on in his mind. GuruFocus tracks Icahn Capital Management’s long equity position. As of December 31, 2009, we record 2.87 $billion allocated among 18 stocks. We know Icahn manages far more money than this amount. As disclosed in his letter (Page 3), long equity position is only 15.4% of the total portfolio. The rest is long credit (34.6%), short equity and short credit. His investment performance has been good: since inception of 2004, the partnership returned a total of 41.3%, beating S&P500’s 5.9%. In 2009, the partnership returned 31.9%, also beating S&P 500. Read more...
Activist Investor Carl Icahn Bought Into Chesapeake Energy
Activist billionaire investor Carl Icahn just reported that his funds have bought an aggregate amount of 50 million shares of Chesapeake Energy (CHK), which is about 7.56% of total shares outstanding. Carl Icahn started to buy the shares on April 19 at $18 a share and has added to the positions as the stock prices collapsed to around $14. His last purchase was on yesterday, May 24. His average cost is about $15.7 a share. Today Chesapeake stock closed at $15.99. Read more...
» More Carl Icahn Articles

Commentaries and Stories

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7 Quirky Dividend Stocks
With bond yields in the gutter for these past six years, investors have grown accustomed to looking in… shall we say… “nonconventional” places for yield. Whether in odd corners of the stock market or in dodgy-looking private placements, anything offering a respectable current income is bound to get at least a little attention. More...

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Larry Robbins keeps on buying Manitowoc Co Inc.
After his latest buys of Q1 2015, Guru Larry Robbins (Trades, Portfolio) keeps on increasing his stake in Manitowoc Co Inc (MTW) even in June (Q2), according to GuruFocus real time picks. More...

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Carl Icahn Reflects On His Long Career Of Corporate Raiding
In 1962 Carl Icahn (Trades, Portfolio) learned a critical lesson. More...

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Carl Icahn: Part Of His Interview With Wall Street Week
Carl Icahn did a two-part interview with Wall Street Week. and the second part is out. He discuss his early career on Wall Street, and the option brokerage firm that he started. Icahn also discuss losing all of his money and the lessons he learned from that massive loss. He talked about the casino mentality that runs through the market and how dangerous it is. It's a great interview and anyone wanting to know more about Icahn's early career should watch and also get the book "King Icahn: The Biography of a Renegade Capitalist." The book really tells you how Icahn started is activism and how he won his activist campaigns. More...

BILLIONAIRE,ACTIVIST INVESTING,WALL STREET WEEK,CARL ICAHN,APPLE,OPTION TRADING,


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Apple, SunEdison and Biogen: Hellman, Jordan Management's Top 3 Stocks Outperform the Rise in the S&P 500 Index
Hedge fund Hellman, Jordan Management Company, Inc disclosed an equity portfolio valued at some $548.6 million as of the end of the first quarter of 2015. The equity portfolio is mainly invested in Technology (32%), Consumer Discretionary (24%) and Health Care (17%) stocks. The fund’s last 13F filing showed that the fund raised its exposure towards consumer discretionary and tech stocks but reduced its holdings in the health care and industrials sector. More...

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Carl Icahn's Biggest Portfolio Changes Carl Icahn - Carl Icahn's Biggest Portfolio Changes
Activist investor Carl Icahn (Trades, Portfolio) did not buy new stocks in the first quarter but made several other notable moves. More...

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Should You Invest Like Carl Icahn?
Brian Rosenblatt of Rosenblatt Securities and Mark Hale of Hale Capital Management were both at CNBC where they debated the pros and cons of investing like Carl Icahn (Trades, Portfolio). More...

LEON BLACK,BRIAN BLAIR,ROSENBLATT,AND MARK HALE,HALE CAPITAL MANAGEMENT,CARL ICAHN,ACTIVIST INVESTOR,BILLIONAIRE,


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Apple Wins The Age-Old Legal Bout Against Samsung In The U.S.
The balance in the high profile smartphone proprietorship litigation case between Apple Inc. (AAPL) and Samsung Electronics Co. Ltd. (SSNLF) tilted in the former’s favor with the Washington, D.C., Federal Appeals court, the specialized U.S. establishment for reviewing patent appeals, upholding a majority of the 2012 federal ruling that awarded Apple $930 million in damages. Samsung’s appeal against the excessive monetary fine for using the "basic" design of rectangular with rounded corners flat and touch screen phone and asked for reduction by $382 million was accepted in principle by the court and up to 40% of the unprecedented damage will now be reconsidered. More...

APPLE, SAMSUNG, LITIGATION, WASHINGTON D.C FEDERAL APPEALS COURT, EXCESSIVE MONETARY FINE, OF RECTANGULAR WITH ROUNDED CORNERS FLAT AND TOUCH SCREEN PHONE, SMARTPHONES, TECHNOLOGY, BUSINESS IMPACT


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Activist Investing Guru Carl Icahn – Apple Is A No-Brainer Carl Icahn - Activist Investing Guru Carl Icahn – Apple Is A No-Brainer
Carl Icahn (Trades, Portfolio) believes that Apple (AAPL) shares are worth $240 a piece, a healthy premium to the current share price. More...

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Hertz To Improve Rental Prices To Boost Bottom Line
As if the raise in airfares wasn’t giving tough times to consumers, the announcement by Hertz Global Holdings Inc. to increase car rental rates has come as a blow though its good news for the investors of the company. An important thing noted here is the clashing of the price hike by Hertz with the recent announcement of Carl Icahn (Trades, Portfolio)’s $100 million investment in the car sharing company Lyft Inc. More...

HERTZ GLOBAL HOLDINGS, CAR RENTALS, UBER, LYFT INC., CARL ICAHN, PRICE IMPROVEMENT, BOTTOM LINE


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Carl Icahn Thinks Apple Is Worth $1 Trillion Carl Icahn - Carl Icahn Thinks Apple Is Worth $1 Trillion
Carl Icahn (Trades, Portfolio)'s Letter to Tim Cook More...

BILLIONAIRE,CARL ICAHN,VALUE INVESTING,APPLE,IPHONE,IPAD,MAC BOOK PRO,


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In An Open Letter To CEO Tim Cook, Investor Carl Icahn Details His $240 Per Share Value Estimate For Apple Carl Icahn - In An Open Letter To CEO Tim Cook, Investor Carl Icahn Details His $240 Per Share Value Estimate For Apple
Dear Tim: More...

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Buy Manitowoc Cheaper Than Carl Icahn Did
The Manitowoc Company (MTW) is one of the recent activist target of legendary hedge fund manager Carl Icahn (Trades, Portfolio). Icahn initiated a position in the stock in Q4 2014 by buying 4,492,631 shares at an average price of $20.03. He added 6,090,029 more shares to his portfolio at an average price of $20.69 in Q1 2015. The following chart shows his holding history in the company. More...

LONG, Carl Icahn, Manitowoc


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Manitowoc: Buy Into The Weakness
Manitowoc Company (MTW) recently reported weak 1QFY2015 results, with issues like reduced CapEx spending by large restaurant chains and underperformance of KitchenCare business hurting the company's Foodservice equipment business. Management also lowered its guidance for Foodservice equipment business. The company is now expecting flat year-over-year revenues versus earlier expecations of mid single digit revenue growth. However, I believe investors should look beyond the current weakness and buy the company's shares as Manitowoc remains on track to separate its Cranes and Foodservice businesses which will act as a catalyst for the stock. More...

LONG


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Carl Icahn: New Interview
Legendary Activist investor Carl Ichan of Icahn Enterrpises (IEP) did a new interview with Wall Street Week. During the 28 min. interview Icahn talked about his investments, his childhood, how he is hedging for a market correction and his activist investing. During the interview he also talked about Apple (AAPL) and President Obama. The interview is very do and the best part is when Carl Icahn (Trades, Portfolio) talks about how he its hedging the market. More...

BILLIONAIRE,CARL ICAHN,HEDG FUND,FUND MANAGER,ACTIVIST INVESTOR,


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Activist Investing Legend Carl Icahn Reveals How He Is Hedging Stock Market Exposure Today
For sheer entertainment value, there aren't many billionaire investors more interesting to follow than the original corporate raider Carl Icahn (Trades, Portfolio). More...

Carl Icahn, Video


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7 High-Conviction Stock Picks Held By The Masters of the Universe Carl Icahn,George Soros - 7 High-Conviction Stock Picks Held By The Masters Of The Universe
People love heroes. We instinctively look up to professional athletes, rock stars, and — against our better judgment — even politicians at times. More...

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Analyzing Joel Greenblatt's Holdings
Joel Greenblatt (Trades, Portfolio) is founder and managing partner of Gotham Asset Management, LLC. He is known for the invention of Magic Formula Investing. He is the author of two investment books, including Joel Greenblatt: The Little Book that Beats the Market. He is also an adjunct professor with Columbia Business School. More...

LONG


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Risk and Reward in Carl Icahn's Bargain Stock Transocean Carl Icahn - Risk And Reward In Carl Icahn's Bargain Stock Transocean
I like Carl Icahn (Trades, Portfolio). I like him more than Warren Buffett even, because I don’t think he’s trying hard to impress you. And, let’s face it, he’s been an investor his whole life with no underlying profit generator to fall back on. Every decision he makes is binary - win or lose - and he’s been on the right side most of the time. That’s why he's worth $22 billion. More...

CARL ICAHN, JOEL GREENBLATT, GEORGE SOROS, OIL STOCKS, ENERGY STOCKS, Transocean


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Time To Call In The Shorts On Lumber Liquidators
Here’s an interesting company that some consider the Walmart of flooring, selling really low quality (and cheap) hardwood floors. The company has a network of around 318 Lumber Liquidators stores located throughout the United States and Canada. More...

LUMBER LIQUIDATORS, FORMALDEHYDE, ASBESTOS, LL, CHEAP STOCK


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User Comments

Bashe
ReplyBashe - 11 months ago
you got Icahn going from 6 million to 104 million you guys charge us for information you got to get the numbers right. does anyone there read the stuff you post?
Robertbradf@google
ReplyRobertbradf@google - 1 year ago
Icahn is known for acquiring large stakes in companies with the intent of changing their corporate strategies.http://bit.ly/19cSEv3
Tnguye48
ReplyTnguye48 - 1 year ago
Is APPLE missing in this portfolio?

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