Carl Icahn

Carl Icahn

Last Update: 01-09-2017

Number of Stocks: 19
Number of New Stocks: 0

Total Value: $19,805 Mil
Q/Q Turnover: 2%

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

Carl Icahn Watch

  • How to Build a Peter Lynch-Style Growth Strategy

    Next to investment legends such as Warren Buffett (Trades, Portfolio) and Carl Icahn (Trades, Portfolio), Peter Lynch falls by the wayside, but his influence on the investment world has inspired more change than possibly Buffett and Icahn put together.

    Lynch is considered to be the greatest mutual fund manager of all time. The fund he managed, Fidelity Investment's Magellan Fund, produced an average annual return of 29.2% from 1977 until 1990, almost doubling the Standard & Poor's 500’s annual yearly return of 15.8%. During this period, Lynch pioneered the growth-at-a-reasonable-price style of investing. Lynch believed that the faster a company was growing, the more investors should be willing to pay for it, which makes a lot of sense today, but before Lynch’s success, the market tended to overlook growth and value together.


  • Back to the Future

    Conduent (NYSE:CNDT) span off from Xerox (NYSE:XRX) on Jan. 3. It was the business process outsourcing (BPO) business within the services segment of Xerox. It has $6.6 billion revenue, $630 million EBITDA and 94,000 employees in a market growing at 5% to 6% a year. According to Xerox, its BPO business, or Conduent, has No. 2 market share. This is confirmed by the leading IT research and advisory firm Gartner Inc.


  • Carl Icahn Discloses 10 Percent Stake in Xerox Spinoff Conduent

    Carl Icahn (Trades, Portfolio), an investor known for effecting change at companies he invests in, today reported the product of his recent division of hardware company Xerox (NYSE:XRX) – a haul of 19,806,00 shares of the new services company, Conduent (NYSE:CNDT).

    Icahn had begun amassing his stake totaling 99,030,026 shares of Xerox in the fourth quarter of 2015. By Nov. 8, the company announced its decision to divide into two entities and issue to shareholders one share of Conduent for every five shares of Xerox. Icahn received his stake in Conduent, which is one-fifth of his stake in Xerox, in the distribution and effectively owns 9.77% of the new company.


  • Gurus and Insiders Invest in Industrial and Medical Companies

    Among U.S. companies, industrial and medical companies have high guru and insider buys during 2016. Such companies include Hertz Global Holdings Inc. (NYSE:HTZ), Jazz Pharmaceuticals PLC (NASDAQ:JAZZ) and Myriad Genetics Inc. (NASDAQ:MYGN). These double buys have good value potential in early 2017.

    What is a double buy?


  • The Danger on Which Gurus Agree

    Intrinsically ETFs are a tremendous innovation and a great positive. Unfortunately at this stage if you want to raise a lot of money as an asset manager you need to play into fear and greed. Customers want more, and they don’t want to lose. Ever.

    ETFs get investors more. They are much cheaper to run compared to an actively managed fund. With active managers, in the aggregate, failing to deliver returns in excess of their expenses ETFs win out. So far, so good.


  • Buy Refiners After Carl Icahn's Appointment

    Carl Icahn (Trades, Portfolio) has long been a vocal critic of the substantial regulatory burden placed on businesses by the U.S. government, and it now looks as if this jawboning has paid off. President-elect Donald Trump appointed him special adviser on regulatory reform Wednesday.

    It is unclear which sectors will benefit the most from Icahn’s appointment, but one industry that stands to benefit more than most is refiners.


  • Technology Companies Among Strong Guru Ownership Stocks

    While all investment gurus seek long-term capital appreciation, not all gurus think identically. Some gurus invest in companies with a fundamental, value-oriented approach while other gurus, like Bill Ackman (Trades, Portfolio) and Carl Icahn (Trades, Portfolio), actively invest in distressed companies and generate value through company reforms. However, regardless of their investing approach, gurus usually invest in companies that offer high value potential to their fund and shareholders.

    In Part 1, we analyzed the Aggregated Portfolio of Gurus, which lists the 50 companies with the highest combined weighting among the gurus selected through the “Personalized List” feature.


  • Gurus Shop in Robust Consumer Cyclical and Technology Sectors

    During the third quarter, gurus invested primarily in consumer cyclical and technology companies. Such companies have strong financial strength and high profitability. Several of these companies, including Alphabet Inc. (GOOG) (NASDAQ:GOOGL), Apple Inc. (NASDAQ:AAPL), Alibaba Group Holding Ltd. (NYSE:BABA), The Priceline Group Inc. (NASDAQ:PCLN), Inc. (NASDAQ:AMZN) and The Walt Disney Co. (NYSE:DIS), have a predictability rank of at least three stars. High guru ownership and number of guru buys suggest good value potential in the consumer cyclical and technology sectors.

    Tracking “favorite” gurus with Personalized Guru Lists


  • Is Icahn Enterprises Better Than Berkshire?

    Of all the world’s great investors, Carl Icahn (Trades, Portfolio) is perhaps the most feared and respected at the same time. Icahn started his life on Wall Street as a stockbroker and worked his is way up to become the Street’s most respected activist investor and most feared corporate raider.

    From 1968 through 2011, Icahn compounded the initial $100,000 he invested in his Wall Street firm at a 31% annual rate. Over the same period, the book value of Warren Buffett (Trades, Portfolio)’s Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) grew only 20% annualized.


  • Carl Icahn Takes 15% Stake in Enzon Pharmaceuticals

    After selling out in the second quarter, Carl Icahn (Trades, Portfolio) acquired an even larger position in Enzon Pharmaceuticals (ENZN) on Nov. 28.

    He bought 6,598,886 shares for an average cost of 41 cents per share. This represents nearly 15% of the company’s outstanding shares but only accounts for 0.01% of his total assets managed.


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