Carl Icahn

Carl Icahn

Last Update: 10-02-2015

Number of Stocks: 23
Number of New Stocks: 2

Total Value: $31,201 Mil
Q/Q Turnover: 3%

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

Carl Icahn Watch

  • Five-year Lows: Suburban Propane Partners LP, South Jersey Industries Inc, Valhi Inc, Navistar International Corp.

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Suburban Propane Partners LP, South Jersey Industries Inc, Valhi Inc, Navistar International Corp.

    Suburban Propane Partners LP (NYSE:SPH) Reached $37.01


  • Carl Icahn Increasingly Banks on Energy With Cheniere Stake

    Though energy stocks plagued Carl Icahn (Trades, Portfolio)’s investment fund in 2014 with a half a billion-dollar loss, his bullish long-term stance on the sector continues with a headline-grabbing 8.18% stake in natural gas developer Cheniere Energy (LNG).

    Icahn expected the oil slump to persist as he hunted for more opportunities, saying in February:


  • Top insider buys of the week: Navistar and Fibrocell

    The All-In-One Guru Screener can be used to find insider buys over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying from “$500,000+” and Duration to "July 2015."

    According to the above filters, the following are the recent buys from company insiders over the past week:


  • Risk And Reward With Seadrill Ltd

    Seadrill Ltd (NYSE:SDRL) is an offshore, some would consider maverick, drilling contractor focused on unlocking oil and gas in the safest most efficient way. The company has the industry’s youngest and most advanced rig fleet to go along with 9,450 highly skilled employees.

    Offshore drilling (despite the dangers) is still very attractive for companies like Exxon (NYSE:XOM) and Shell (NYSE:RDS.A)(NYSE:RDS.B) who have zero access to most of the world’s reserves because of state-owned companies. Plus, with oil prices at cyclical lows right now, buying into this company could make a lot of sense.


  • Grantham, High Yield, and The Cyclical Bear In Gold – CMG Capital Management

    “If you’re young, take the whack [and] if you’re old, pray for the Fed to keep going.” – Jeremy Grantham (Trades, Portfolio)

    Grantham was the opening keynote at the Morningstar Investment Conference in late June. There were several notable insights I share with you this week. The intro quote above pretty well sums up his outlook. All about that (bass) Fed, about that (bass) Fed. The jingle continues to ring in my mind.


  • Carl Icahn Warns That It Is 2007 All Over Again

    Carl Icahn (Trades, Portfolio) thinks that there is a reckoning coming, and there are a lot of investors who have no idea how much risk they are exposed to.

    He singles out the high yield bond market where rising interest rates will be the catalyst to create the plunge.


  • Carl Icahn vs Larry Fink

    CNBC did its again at Delivering Alpha, putting Carl Icahn (Trades, Portfolio) and Larry Fink on the same stage at the same time together. These two titans of finance have been going at its the last year about various topics but mainly Activist Investing. Both men gave their views on the various topics at the conference. They both went back and forth over everything from the high yield market to activists' effect on the economy. Icahn laid out his case that the economy looks just like 2007; Mr. Fink didn't agree with him and laid out his case that Icahn is wrong about the economic. Both men gave their opinions of what higher interest rates will do to the economy and if the Fed will raise rates this year. Mr. Icahn called Blackrock dangerous because of the ETFs and the high yield markets. Both men are very informed and have far different views of the economy. Every investor should watch their back and forth because there is so much to learn from these titans of finance.

    Icahn vs Fink


  • Carl Icahn Reports Increased Stake in Gannett

    Carl Icahn (Trades, Portfolio) on June 29 received shares of Gannett Co. Inc. (NYSE:GCI) as part of the company’s split that he supported, according to Real Time Picks data.

    Icahn effectively has 7,483,683 shares of the new Gannett after the June 29 split, roughly a 6.51% stake. Shareholders received two shares of the new Gannett for every share they held of Gannett, which changed its name to Tegna Inc. (NYSE:TGNA).


  • One of Icahn's Favorite Stocks Seems to be Overvalued

    One well-known activist investor, Carl Icahn (Trades, Portfolio), further increased his position in Chesapeake Energy Corporation (NYSE:CHK) through Icahn Capital LP by 10% to $1.03 billion in the company's latest filing, with 73.05 million shares. Chesapeake is Icahn's eighth-largest holding in its $32.05 billion portfolio, and the stake represents 3.2% of Icahn´s portfolio, so we can conclude that the stock´s performance will affect its performance.

    Icahn remains bullish on the company as evidenced by his increased position in the company's shares, so let´s try to find the intrinsic value of the stock based on an absolute valuation model and see if we can have an upside potential in this stock.


  • Will Bill Ackman Go After Express Scripts Next?

    Bill Ackman (Trades, Portfolio) of Pershing Square, the second most well known activist investor only after Carl Icahn (Trades, Portfolio), just raised more money by issuing a billion worth of bonds. The NY Post reported that according to a source on an investor's call: Ackman plans to use the debt proceeds to help his $20 billion fund take on a big target. Ackman gets his fair share of headlines, and his targets usually quickly get bumped up a few notches. That makes it both fun and potentially profitable to speculate on his next target. With his fund getting bigger and bigger targets are becoming scarce which helps.

    To try and deduce what company Pershing Square will target, the first thing I did was set up a screen that excludes companies based on Ackman’s likely preferences. My screen excluded companies below $50 billion because he is going after a big target. It also excluded various industries like retail, energy and basic materials that I think he is unlikely to invest in right now based on his historic preferences and public comments he made. In addition I only included companies with a multiyear stable operating cash flow record and finally also excluded companies that analysts are extremely optimistic about because these are not logical targets for an activist. Finally, I expect Ackman will not invest outside the U.S. because of the additional legal issues and because of all the additional travel he and his team would need to do which could hurt the overall portfolio.


  • Market Valuations and Expected Returns – June 26, 2015

    The market was up more than 30% in 2013, the best year since the go-go years of 1990s. 2014 was another strong year for the market. The S&P 500 index was up more than 13%. Since the market recovery in 2009, the stock market has been up for 6 consecutive years. Yet in January 2015, the stock market benchmark S&P 500 lost 3.10%. In February, the market regained its strength by increasing 5.49%. Throughout March, the market went down by 1.74%. In April and May, the market was up by 0.85% and 1.05% separately.

    Bernard Baruch once said, “A market without bears would be like a nation without a free press. There would be no one to criticize and restrain the false optimism that always leads to disaster.”


  • Carl Icahn Sells Holding in Netflix

    Carl Icahn (Trades, Portfolio) of Icahn Enterprises (NASDAQ:IEP) did an interview with CNBC on Wednesday were he informed the world that he's no longer a shareholder of Netflix (NASDAQ:NFLX). His investment in Netflix is one of the best trades seen in a very long time. Icahn bought his stake in Netflix in 2013 when the company was selling for $54 per share, and over the last two years have returned 1,000% for Icahn. He discusses why he sold out and why he believes that Apple (NASDAQ:AAPL) is another Netflix. After discussing Netflix and Apple, Icahn went on to discuss why he believes that the market is overvalued and that we are in another bubble like the one that burst in 2008.

    Part One


  • Carl Icahn: It's Time To Be Concerned About The Market

    Carl Icahn (Trades, Portfolio) believes it is ridiculous to buy a high yield bond today when you can buy a top quality corporate bond for a yield that is only 2% lower. He says that buyers of high yield debt are taking on a large amount of risk for the slightly better return that they will get if everything goes well.


  • Top Micro-Cap Picks From the Gurus

    Much like small-cap stocks, micro caps (generally defined as capitalizations between $50-300 million) offer opportunities for very large growth, but also present significant risk and volatility.

    Over the last year, the Russell Microcap Index returned 11.19%, slightly underperforming the Russell 3000 return of 11.86%. When looking over a three-year period, the Microcap index returned 20.89% compared to Russell 3000’s 19.92%.


  • The Fed Needs To Start Raising Rates Immediately – Billionaire Investor Carl Icahn

    Carl Icahn (Trades, Portfolio) thinks that the Federal Reserve should already have started raising rates.

    He isn't anti-Fed as he believes that they saved the country in 2008.


  • Marc Faber Sees Colossal Systemic Risks In The Markets Today

    Carl Icahn (Trades, Portfolio) thinks that there is a bubble brewing in the financial markets.

    The reason for this is the unprecedented length of time that interest rates have been held down for.


  • 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.

    It’s easy enough to understand why. The 10-year Treasury yields barely more than 2%, and traditionally high-yielding sectors like utilities and REITs yield less than 4%. Even “high-yield” junk bonds (and yes, you have to write “high-yield” in quotation marks these days) yield only 5.9%, and these come with the not-so-insignificant risk of default.


  • 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.

    In March he bought the stock for the first time, and now he increased his stake by 11.61% at an average price of $19.3 reaching a total of 9,614,197 shares held. After this buy the Investor is still the second main holder of MTW after Carl Icahn (Trades, Portfolio) who owns 10,582,660 shares.


  • Carl Icahn Reflects On His Long Career Of Corporate Raiding

    In 1962 Carl Icahn (Trades, Portfolio) learned a critical lesson.

    The source of the lesson was him losing all of his money.


  • 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.

    Part 2


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User Comments

ReplyDrKrullebol - 1 week ago
This article also tells us half the story, in fact the half everybody who subscribes to GuruFocus already can find out by themselves.

The other, and much more interesting half is how he hedged his positions in these companies! Please elaborate!
ReplyBashe - 1 year 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?
ReplyRobertbradf@google - 1 year ago
Icahn is known for acquiring large stakes in companies with the intent of changing their corporate strategies.
ReplyTnguye48 - 1 year ago
Is APPLE missing in this portfolio?

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