Carl Icahn

Carl Icahn

Last Update: 08-26-2016

Number of Stocks: 21
Number of New Stocks: 1

Total Value: $20,276 Mil
Q/Q Turnover: 7%

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

Carl Icahn Watch

  • Carl Icahn Buys Allergan

    During the second quarter, Carl Icahn (Trades, Portfolio) of Icahn Capital Management acquired a new holding in Allergan PLC (NYSE:AGN).


    Icahn is an activist investor, meaning he takes a position in a company and pressures management for change. Typically, he buys companies with low favorability, usually right out of bankruptcy, fixes them up and sells them when the stock is more favorable.

      


  • Dead Companies Walking: An Interesting Book on Short Selling

    I recently started a routine of writing summaries on books I have read. The goal is to further my understanding as well as to improve retention rate.


    There have been discussions in terms of the best way to summarize a book – by chapter, by ideas, by index, etc. In summarizing "Dead Companies Walking" by Scott Fearon, I used the big ideas plus case studies approach supplemented by interesting ideas and stories. Below are my summary notes (please bear with the format as I couldn't fix the formatting issues somehow).

      


  • Carl Icahn's Stakes with Positive Return

    Carl Icahn (Trades, Portfolio) is an activist investor. He takes minority stakes in public companies and pushes for change. During the second quarter of 2016, the guru increased several stakes. The following are the ones with the highest performance since being purchased.


    Hertz Global Holdings Inc. (HTZ)

      


  • Value Screeners Identify Opportunities

    Several companies made multiple GuruFocus value screeners as of Aug. 2.


    In addition to identifying the best stocks in which to invest, the value screeners provide insight in which sectors have high value potential in the short term. Based on the stocks that made the screeners, retail and industrial companies offer good investing opportunities.

      


  • Carl Icahn Sells Seventy Seven Energy

    Activist investor Carl Icahn (Trades, Portfolio) of Icahn Capital Management LP sold out of Seventy Seven Energy Inc. (SSEIQ) on Aug. 1.


    Seventy Seven Energy is an oilfield services company based in Oklahoma City that provides well site services and equipment to U.S. land-based exploration and production companies. Its services include drilling, pressure pumping and renting oilfield tools.

      


  • The Battle of the Billionaire Gurus – and the Future of Herbalife

    Two of the great investing names of our times, Carl Icahn (Trades, Portfolio) of Icahn Capital Management LP and Bill Ackman (Trades, Portfolio) of Pershing Square Capital Management, L.P. are both friends and bitter rivals. That rivalry arises out of their diametrically opposed views about Herbalife, the nutritional supplements company. And more specifically, about the compensation of independent distributors who sell those products to consumers.


    Bill Ackman and Carl Icahn

      


  • Bill Ackman Comments on Herbalife in 2nd Quarter Conference Call

    During his conference call this morning, Bill Ackman (Trades, Portfolio) presented on Herbalife’s settlement with the Federal Trade Commission. After summarizing background information of the case, Ackman discussed the implications of the settlement based on three complaint categories.


    On July 15, the FTC filed a complaint for a permanent injunction and relief against Herbalife Ltd. (NYSE:HLF), a company in which Ackman has a large short position, charging the company with several illegal business operations. The FTC categorized these complaints into three groups: unfair practices to customers, income misrepresentation and false or unsubstantiated claims from retail sales. According to the presentation, Ackman believes the company promoted an unrealistic compensation structure: Several “distributors” claimed in their testimonials that by working at Herbalife, their monthly salaries allowed them to live an extraordinary lifestyle.

      


  • Carl Icahn's Largest Trades of the 2nd Quarter

    Carl Icahn (Trades, Portfolio) is an activist investor. He takes minority stakes in public companies and typically pushes for change. There are his most heavily weighted trades of the second quarter:


    The guru bought 287,525 shares in Herc Holdings Inc. (HRI) with an impact of 0.05% on the portfolio.

      


  • Herbalife Increases Carl Icahn's Ownership Limit

    As part of Herbalife's announcement regarding its settlement with the FTC, it said its board had allowed Carl Icahn (Trades, Portfolio) to own 34.99% of the company, an increase from his previous 25% limit. In response, Icahn made the following statement:   


  • Top Gurus Pour Heavy Capital in Major Technology Stocks

    Among all stocks listed on the Standard & Poor’s 500 index, technology stocks have high ownership among gurus, according to the S&P 500 Guru Grid. With a combined rating of 169%, Microsoft Corp. (NASDAQ:MSFT) has the highest combined weighting of all gurus among S&P 500 stocks. Alphabet Inc. (GOOGL) and Apple Inc. (NASDAQ:AAPL) have the second- and third-highest combined weightings. Although these technology companies are heavily owned by gurus, the top two technology stocks featured major sellouts during the first half of the year.


    More than just a grid of stocks

      


  • Carl Icahn Buying Profitable Auto Holdings as Energy, Returns Struggle

    Activist investor Carl Icahn (Trades, Portfolio) made his second bid to acquire the remaining shares of long-time investment Federal-Mogul last week as he seeks to add a third company to his auto segment, one of the most profitable in his fleet, as his oil holdings and returns decline.


    Federal-Mogul (NASDAQ:FDML) represents one of Icahn’s many distressed investments. In 1998, Federal-Mogul had acquired Fel-Pro and Turner & Newall, two of the leading companies whose use of asbestos caused a wave of asbestos-related claims from workers and those exposed to its products.

      


  • Carl Icahn Sells Apple, Tegna, Paypal

    Carl Icahn (Trades, Portfolio) is an activist investor. He takes minority stakes in public companies and typically pushes for change. The following were his heavily weighted trades in the first quarter:


    The guru closed his stake in Apple Inc. (AAPL) with an impact of -16.36% on the portfolio.

      


  • Carl Icahn's Interview With CNBC

    Carl Icahn (Trades, Portfolio) appeared on CNBC on Thursday to discuss the market being overvalued and how he has his portfolio 100% hedged.


    He also talked about why he sold out of his Apple (NASDAQ:AAPL) stake.

      


  • Carl Icahn Boosts Stake in Hertz as Stock Price Declines Sharply

    On June 3, Carl Icahn (Trades, Portfolio) of Icahn Enterprises added 1.54% to his Hertz Global Holdings Inc. (NYSE:HTZ) position at an average price of $9.90 per share. The chairman of the limited partnership holding company currently has 64,693,012 shares of the stock.


    One likely reason why Icahn increased his Hertz position is because the company’s stock price decreased sharply throughout the past two years and is near 52-week lows.

      


  • 4 Things Billionaire Investors Have in Common, Part 1

    (This is part one of a four-part series. Each article explains an important trait that billionaire investors have in common. The goal is to explain simple concepts that the best investors in the world use and you can implement today. Success leaves clues, and one of the best ways to learn is to deconstruct and reverse engineer what the best in the world do. So let’s get to it.)


    These articles were inspired by Tony Robbins’ book "Money: Master The Game." The funny thing is I actually haven’t read the book myself.

      


  • What’s Really Driving Apple?

    Narratives are a fundamental part of our human existence. They’re the key to how we process information. Just as the mind instinctively searches for visual patterns in nature, it also seeks to derive patterns and meaning from information flow. We create stories to help us understand.


    We see this in financial markets all the time, though it’s not always a good thing. You’ve heard the talking heads on CNBC. They hop on camera and try to attribute every little market gyration to one news story or another. This type of narrative creation doesn’t make much sense. Most of the day-to-day movement in the markets is just noise.

      


  • Top 10 Investing Apps

    There are a lot of investing and other financial tools available to the individual investor in today's world. Apps shouldn't be ignored. Conveniently sitting at your fingertips ready to provide analysis, ideas, money management and other data, apps are part of today's technology that investors should cherish and utilize.


    In this list I've gathered my 10 favorite apps that I use for investing and other financial aspects of my life every day. As always, please share your thoughts and comments below!

      


  • Is Seasonal Investing the Best Way to Approach the Market?

    What happens when the markets stop making sense? How do you even begin to analyze which stocks to invest in?


    Over the last two years, markets have defied conventional theories, rallied even when the global economies appeared to be struggling and in the process managed to sway several investors into believing that everything was on a roll.

      


  • Doom, Gloom and Champagne

    There were several key conferences this week where business leaders, investors and big thinkers shared their ideas and thoughts on the world today. The one getting the most coverage is the Ira Sohn conference in New York, where major investors give talks to raise money to fight children’s cancer. The big news out of there is that Stanley Druckenmiller (Trades, Portfolio) said flatly that investors should get out of the market.


    He said the Fed has no end game and their policies are preventing the very growth they had helped to engineer. 

      


  • Large Discount to Intrinsic Value

    Loral’s share price has dropped more than 50% since the beginning of 2015 while its major assets have been performing well. The stock is currently at 30% to 50% discount to a conservatively estimated fair value. Removing such a discount would result in more than 40% shareholder return.


    Loral’s controlling shareholder has tried several times to remove the discount in the past and is still trying hard. The chances are that it will succeed sooner or later.

      


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