Carl Icahn

Carl Icahn

Last Update: 2014-08-20

Number of Stocks: 19
Number of New Stocks: 1

Total Value: $32,532 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 (%)
20133131.55-0.5
201220.215.44.8
201134.52.0832.4
3-Year Cumulative111.8 (28.4%/year)55 (15.7%/year)56.8 (12.7%/year)
201015.215.060.1
200933.326.466.8
5-Year Cumulative225.2 (26.6%/year)125.5 (17.7%/year)99.7 (8.9%/year)
2008-35.6-371.4
200712.35.616.7
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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Book Review: Deep Value
I really enjoyed Toby Carlisle's latest, Deep Value. There are a lot of books that offer compelling stories, but to my mind the plural of anecdote is not statistic. On the other hand, books heavy on the stats tend to bore their readers to sleep. For me, Deep Value was the perfect blend of real-life investing stories combined with the stats necessary to make for a convincing argument. More...

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Rating: 3.7/5 (3 votes)

At 78 Years Old, Carl Icahn Shows No Sign Of Slowing Down Carl Icahn - At 78 Years Old, Carl Icahn Shows No Sign Of Slowing Down
Carl Icahn (Trades, Portfolio) Chairman of Icahn Enterprices (IEP) has bee on a roll as of late when it comes to his activist campaigns. He coming off his recent successful campaign to get Family Dollar (FDO) management to put the company up for sale.He recently sold his stake for a $200 million profit. Now he has set his sights onto Hertz (HTZ) and Gannett Co. Inc (GCI) where he quickly got involved with Hertz and still hasn't said what he wants or why he has taken a stake in Gannett. It is clear that, at 78, Carl Icahn (Trades, Portfolio) isn't slowing down his campaign against bad corporate governance or his public relations campaign for reforms in corporate governance. More...

CARL ICAHN,ACTIVIST,INVESTING,VALUE INVESTING,HERTZ,GANNETT,LONG-TERM


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Guru Held Stocks Near 52-Week Lows Brian Rogers,Carl Icahn - Guru Held Stocks Near 52-Week Lows
As the market reaches new highs, I searched for stocks that have yet to participate in this year’s gains. Below are some of the most widely held stocks by the investing gurus that are trading near their 52-week lows. More...

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TPCA: Assets for 35 Cents on the Dollar
"Value investing is at its core the marriage of a contrarian streak and a calculator."~ Seth Klarman (Trades, Portfolio) More...

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Carl Icahn Latest Pick Carl Icahn - Carl Icahn Latest Pick
In this article let's take a look at Carl Icahn (Trades, Portfolio), the well-recognized billionaire, who yesterday disclosed in a regulatory filing that he had accumulated a 8.48% stake in Hertz Global Holdings (HTZ), a $13.56 billion market cap, which engages in both car and equipment rental businesses primarily in the U.S. and internationally. More...

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Carl Icahn Takes Stake in Hertz Calling Stock 'Undervalued' Carl Icahn - Carl Icahn Takes Stake In Hertz Calling Stock 'Undervalued'
Carl Icahn (Trades, Portfolio) purchased 38.8 million shares, representing an 8.48% stake, of Hertz Global Holdings Inc. (HTZ) throughout June, July and August, according to GuruFocus Real Time Picks. More...

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The Fact that Icahn is Long on Nuance Makes Me Feel Bullish
In this article, let's take a look at Nuance Communications, Inc. (NUAN), a $5.48 billion market cap company, which provides speech, imaging and keypad solutions for businesses, organizations and consumers worldwide. More...

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Carl Icahn Bets on Hologic; Should You?
In this article, let's take a look at Hologic Inc. (HOLX), a $7.06 billion market cap company, which is a company that develops, manufactures and markets x-ray systems. It operates through four segments: Diagnostics, Breast Health, GYN Surgical and Skeletal Health. More...

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Carl Icahn's Statement Concerning Dollar General’s Bid for Family Dollar
August 18, 2014 More...

CARL ICAHN


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Billionaire Carl Icahn Acquired 6.6 Percent of Gannett’s Shares
According to Guru Focus Real Time Picks, on Aug. 4, activist investor Carl Icahn (Trades, Portfolio) bought shares of Gannett Co., Inc. (GCI) at an average price of $34.32 and holds 14,967,373 shares, worth more than $500 million. The investor Icahn acquired about 6.6 percent of Gannett’s shares and options during the second quarter. More...

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Guru of the Year – Carl Icahn’s Top Five Holdings Carl Icahn,Jim Simons - Guru Of The Year – Carl Icahn’s Top Five Holdings
GuruFocus’ Guru of the Year for 2013 reported his first quarter portfolio holdings this week which highlighted 19 stocks valued at over $38.53 billion. This is a notable jump up from the company’s first quarter stocks which were valued at $32.3 billion. Over the past quarter the guru bought into one new company, Gannett Co (GCI) and sold out of Forest Laboratories (FRX). More...

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Carl Icahn Buys Gannett Co, eBay, Sells Forest Laboratories, Netflix, Family Dollar, Holds Herbalife Carl Icahn - Carl Icahn Buys Gannett Co, EBay, Sells Forest Laboratories, Netflix, Family Dollar, Holds Herbalife
Carl Icahn (Trades, Portfolio) Buys Gannett Co, eBay, Sells Forest Laboratories, Netflix, Family Dollar More...

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Carl Icahn's Recipe For Activist Investing Success - IEP Presentation
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Herbalife Insiders Buy $1.7 Million In Company Stock Bill Ackman,Carl Icahn - Herbalife Insiders Buy $1.7 Million In Company Stock
On Thursday, July 31, the CFO, COO, and President of Herbalife bought a total of $1.7 million worth of their company’s stock to affirm their confidence in its business model. The purchases were detected on the Insiders page of GuruFocus. More...

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Carl Icahn and Nelson Peltz Became More Millionaires
In this article let's take a look at the much anticipated merger between Family Dollar (FDO) and Dollar Tree (DLTR) that was announced yesterdar morning. More...

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Carl Icahn Reduces Stake in CVR Refining He Increased in June Carl Icahn - Carl Icahn Reduces Stake In CVR Refining He Increased In June
Carl Icahn (Trades, Portfolio) sold 975,000 shares of CVR Refining LP (CVRR) on July 24, according to Real Time Picks. He had just increased the position by 1,638% to 104,290,764 shares on June 30. More...

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Giant Hedge Fund Managers: Bill Ackman Against Carl Icahn Bill Ackman,Carl Icahn - Giant Hedge Fund Managers: Bill Ackman Against Carl Icahn
Giant Hedge Fund Managers: Bill Ackman (Trades, Portfolio) Against Carl Icahn (Trades, Portfolio) More...

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Guru Held Stocks Trading At Deep Discounts To Cash Flows Carl Icahn,Chris Shumway - Guru Held Stocks Trading At Deep Discounts To Cash Flows
Using the GuruFocus All-In-One Screener, I scanned for stocks that are trading for less than 80 percent of their discounted fee cash flow value (FCF). For confirmation, I selected the stocks that were held by at least five of the investing gurus we follow. While further refining the list, I rejected the stocks that had decreasing cash flow figures for the last quarter. I used the GuruFocus DCF Calculator to determine the rate at which FCF would have to grow in order to justify the current prices of the stocks. The calculator uses a default discount rate of 12 percent to determine the value. More...

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Seventy Seven Energy's High Debt Load Makes It An "Avoid" Carl Icahn - Seventy Seven Energy's High Debt Load Makes It An
Seventy Seven Energy was up yesterday in a down market with the news that Carl Icahn (Trades, Portfolio) has a 9.97 percent stake in the company. He merely received the shares as a spin-off and did not actively purchase the shares. Many spin-offs have had great performances over the years, so I wanted to see if Seventy Seven’s stock fit the characteristics of a successful spinoff. More...

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Investing Gurus To Follow For The Next 30 Years David Einhorn,Carl Icahn - Investing Gurus To Follow For The Next 30 Years
At GuruFocus we follow many of the top investment managers around the globe. I like to follow the investing gurus that are in control of a publicly traded company that I can buy. The gurus I follow include Warren Buffett (Berkshire Hathaway, BRK.A), Carl Icahn (Icahn Enterprises, IEP) and Prem Watsa (Fairfax Financial, TSX:FFH, FRFHF). All of their stocks have performed well over the years. We can still make money with these gurus, but for how long? Warren Buffett (Trades, Portfolio) is 83 years old and Carl More...

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User Comments

Bashe
ReplyBashe - 2 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 - 9 months ago
Icahn is known for acquiring large stakes in companies with the intent of changing their corporate strategies.http://bit.ly/19cSEv3
Tnguye48
ReplyTnguye48 - 10 months ago
Is APPLE missing in this portfolio?

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