Carl Icahn

Carl Icahn

Last Update: 04-14-2016

Number of Stocks: 26
Number of New Stocks: 2

Total Value: $29,438 Mil
Q/Q Turnover: 14%

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

Carl Icahn Watch

  • Carl Icahn Interview With CNBC

    Billionaire activist investor Carl Icahn (Trades, Portfolio) did an interview with CNBC Thursday in which he continued to warn about the coming day of reckoning for the market. During the interview Icahn discussed some of his investments and why he believes the market is overvalued – as well as other topics.


    Part 1

      


  • Why Icahn Sold Apple


    Carl Icahn (Trades, Portfolio) has been pushing Apple (NASDAQ:AAPL) for about 2½ to three years to buy back stock in a very public manner. Less than a year ago, Icahn described Apple as strongly undervalued and one of the greatest growth stories in corporate history:

      


  • Apple Is Facing a Big Problem

    Apple (NASDAQ:AAPL) reported its worst-ever quarter earlier this week, missing estimates on both revenue and earnings. Not only were the misses the biggest in Apple’s history, the company’s guidance was also terrible. The high end of Apple’s revenue guidance for the next quarter came in 10% lower than the analysts’ estimate of $47 billion.


    Although Apple is trading at a conservative earnings multiple, Mr. Market’s obsession with growth has pushed Apple’s stock down more than 10% since the earnings release. Moreover, Carl Icahn selling his position in the stock recently put further downward pressure on the stock. It was only a few months ago that Icahn said Apple was worth more than $200 and that buying the stock was a “no-brainer.”

      


  • American Railcar and HCI Group May Be Undiscovered Gems

    Attention, lovers of small stocks. Here are five small-capitalization stocks that I think qualify as undiscovered gems.

    America Railcar Industries Inc. (ARII), a railcar manufacturer based in St. Charles, Missouri, leads off the list. Financier Carl Icahn (Trades, Portfolio) owns a significant stake here, which is interesting to me since he often prefers larger companies.  


  • Carl Icahn Continues to Reduce Tegna Stake

    Carl Icahn (Trades, Portfolio) decided to cut ties with 1,658,488 shares of Tegna Inc. (NYSE:TGNA) during the first quarter at an average price of $24.74. Since the fourth quarter of 2015, Icahn has sold 4,255,774 shares of Tegna from his portfolio.


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  • Carl Icahn Increases Position in Icahn Enterprises

    Carl Icahn (Trades, Portfolio), the leading guru shareholder and board chairman of Icahn Enterprises (NASDAQ:IEP), increased his position in the conglomerate by more than 2% on April 14.


    That may not sound like a sizable percentage, and it wouldn’t be for garden-variety investors, but 2% means a lot more when the stake is the size of Icahn’s. The guru acquired 2,771,575 shares, which is fewer than 1 million shares shy of the entire stake held by Icahn Enterprise’s second-leading shareholder among the gurus, Murray Stahl (Trades, Portfolio). Stahl’s stake is 3,507,276 shares.

      


  • Carl Icahn Buys Pep Boys, Xerox

    Carl Icahn (Trades, Portfolio) is an activist investor. He takes minority stakes in public companies and typically pushes for change. He 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. The real-time picks of the first quarter of the year, according to GuruFocus' Real Time updates, are the following:


    He raised his stake in Rentech Nitrogen Partners LP (RNF) by 1.72%. The deal had an impact of 0.01% on the portfolio.

      


  • Carl Icahn Continues to Reduce Position in Hologic

    Guru Carl Icahn (Trades, Portfolio) reduced his position in Hologic Inc. (NASDAQ:HOLX), slashing 3,346,767 shares from his portfolio Monday.


    Hologic was incorporated in Massachusetts in October 1985 and reincorporated in March 1990. Hologic is a leading global health care and diagnostics company. It is a developer, manufacturer and supplier of medical imaging systems and diagnostic and surgical products focused on the health care needs of women. Hologic's core business segments are focused on breast health, GYN surgical and skeletal health.

      


  • Carl Icahn Trims Stake in Nuance Communications

    In two transactions in March, Carl Icahn (Trades, Portfolio) sold more than half of his stake in Nuance Communications Inc. (NASDAQ:NUAN), a computer software company headquartered in Burlington, Massachusetts. It provides speech and imaging applications.


    In Icahn’s first transaction, on March 9, he sold more than 26.3 million shares for $20.21 per share. The transaction lowered his stake by 43.29%. A week later, on March 16, Icahn sold another 4.4 million shares for $20 per share, further reducing the stake by 12.77%.

      


  • Carl Icahn Buys More Pep Boys in 1st Quarter

    Guru Carl Icahn (Trades, Portfolio) is an American business magnate, investor, activist shareholder and philanthropist. He is the founder and majority shareholder of Icahn Enterprises, a diversified conglomerate holding company based in New York City. Icahn is currently ranked as the 43rd richest person in the world according to Forbes.com with an estimated net worth of $17.7 billion.


    In the first quarter of 2016, Icahn added 39,347,282 shares of Pep Boys - Manny Moe & Jack (NYSE:PBY).

      


  • David Einhorn's Top 3 Positions Include Apple, General Motors and Time Warner

    David Einhorn (Trades, Portfolio)'s Greenlight Capital disclosed an equity portfolio valued at some $5.47 billion as of the end of the fourth quarter of 2015. The equity portfolio is mainly invested in Consumer Discretionary (33%), Technology (20%) and Industrials (18%) stocks.


    Among the 10 largest holdings from Greenlight Capital’s equity portfolio (which amass 59.07% of the total portfolio value) at the end of December, the top three are: Apple Inc. (NASDAQ:AAPL), General Motors Co. (NYSE:GM) and Time Warner Inc. (NYSE:TWX).

      


  • Carl Icahn Bought Xerox and You Should Too

    Why did such an investment genius such as Carl Icahn buy a dead-end copier company that made multiple blunders, including basically giving away the GUI operating system that runs every computer on the planet?


    The company and Icahn have completed an agreement that paves the way for Xerox to split in two, giving Icahn the ability to select three directors for the Business Process Outsourcing segment. Icahn tweeted: 'We believe the separation will greatly enhance value for $XRX shareholders.” LIke his deal with eBay (NASDAQ:EBAY) and PayPal (NASDAQ:PYPL), when times are tough, let’s break up. 

      


  • Apple Computers: Time to be Greedy While Others Are Fearful

    It appears the market is afraid of a possible slowdown in Apple’s (AAPL) growth in its next earnings and has dropped the stock from the $130s in 2015 to below $94 in February, a drop of 20%. This is shortsighted speculating rather than investing. It is time for value investors to be greedy.


    Forward estimates are not a science as we see by Morgan Stanley’s (NYSE:MS) note in March that said that, per its iPhone tracker, demand for the iPhone for the March quarter is tracking well ahead of the Street consensus. This is after it had lowered its price expectation by 12% in December 2015. This is why a value investor looks at the past actuals rather than forward estimates, which are a form of speculation.

      


  • Carl Icahn Raises Stake in AIG by More Than 3,000%

    Carl Icahn (Trades, Portfolio), whose net worth is estimated by Bloomberg to be $20.8 billion, focused most of his fourth-quarter trading activity on additions to existing stakes. He didn’t limit himself to additions, however. He also made two new buys and trimmed three existing stakes.


    Icahn’s most noteworthy fourth-quarter transaction was the increase of more than 3,003% to his stake in American International Group Inc. (NYSE:AIG), a New York-based insurance and financial services company. Icahn purchased 40,882,745 shares for an average price of $61.09 per share. The deal had an 8.6% impact on Icahn’s portfolio.

      


  • Icahn Removes 2 Directors, Cuts Stake in Nuance Communications

    Activist investor Carl Icahn (Trades, Portfolio) reported Tuesday that he trimmed his position in Nuance Communications (NASDAQ:NUAN) by 12.77%, and now holds 30,068,833 shares, or 9.88% of the company.


    Icahn sold 4,400,000 shares of the company for $20 per share. Nuance provides voice and language solutions for businesses. The stock has appreciated 41% over the past year and traded at $19.63 as of Thursday afternoon.

      


  • Whole Foods Market Update: Did I Make a Mistake?

    I’ve been holding Whole Foods Market (NASDAQ:WFM) for close to two years now, and it’s one of my bigger losers.


    In fact, it’s glaring at me with its ugly blood shot eyes, flashing -32%.

      


  • Carl Icahn Gets 7.7% Stake in New Manitowoc Spin-Off

    Carl Icahn (Trades, Portfolio) has reported receipt of 10,582,660 shares of equipment company Manitowoc Foodservice Inc. (NYSE:MFC), a spin-off that he helped orchestrate from the former farm equipment-slash-foodservice company, Manitowoc Co. Inc. (NYSE:MTW).


    Icahn sprung his classic campaign on Manitowoc in December 2014, taking a 7.77% stake and making known his aim to divide the company in two. The company acquiesced to Icahn’s plan (Larry Robbins (Trades, Portfolio) of Glenview Capital joined him on the endeavor) on Feb. 11. Shareholders received one free share of the new company for each share of the crane company they owned, meaning Icahn has an equal amount of shares of both companies.

      


  • 5 Most Popular S&P 500 Stocks

    The following were five of the most popular Standard & Poor's 500 stocks among the gurus during the fourth quarter, according to results from GuruFocus’ All-in-One Screener.


    Apple (NASDAQ:AAPL)

      


  • Apple Still a Great Long-Term Play

    Apple Inc. (NASDAQ:AAPL) has seen over $25 billion in market cap value wiped away thanks to slow iPhone growth and Carl Icahn (Trades, Portfolio) trimming his position. Clearly the global economy is slowing down, which is resulting in a slow down in iPhone sales. But this doesn't mean there isn't value in Apple. The company has over $200 billion in cash and has repurchased over a $100 billion dollars of its shares over the last few years. Apple has continued to increase its share repurchase program, which now stands at $180 billion. This has resulted in the company increasing debt to 20% of its balance sheet; however, the company produces more than enough in operating cash flow to pay this down with five years.


    Business overview

      


  • Icahn Holding American Railcar Selling at Major Discount

    American Railcar Industries Inc. (NASDAQ:ARII) is a North American designer and manufacturer of hopper and tank railcars operating in three segments: Manufacturing, Railcar Leasing, and Railcar Services.


    American Railcar dates back to the 1800’s when the Milton Car Works and 12 other railcar builders led by William Keeny Bixby of Missouri Car and Foundry formed the predecessor, the American Car and Foundry Company. It remained private until 2006, when American Railcar began trading on the Nasdaq.

      


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