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 Watch

  • Icahn's Most Recent Increase in Dell

    In an article written for Forbes, Carl Icahn discusses why his form of investing is not only good for him but also for America:

    Corporate democracy does not exist. Critics of activism state that activism may be good for the activist but not for other stockholders. Yet shareholder value has risen by many billions of dollars in the companies we have targeted over the years. I believe this proves conclusively that all shareholders, not just us, benefit from our involvement…
      


  • Carl Icahn's 3 Biggest Dividend Stock Bets from His Recent Buys

    Carl Icahn is a well-known investor. He serves around USD16.9 billion in his asset management company Icahn Capital Management LP. His asset allocation is very focused on single stocks. In total he has only 19 stock holdings of which four are new. Within the recent quarter, Icahn bought only five companies. He’s a guy who wants control and he wants to change something. In his portfolio holdings he has a significant influence with an ownership of more than 10 percent of the outstanding capital.

    From his 13 latest stock buys, only seven pay dividends. Eight of them have a current buy or better rating by brokerage analysts.  


  • Carl Icahn's First Quarter Increase

    The always vocal Carl Icahn continues to hold positions which allow him to criticize upper management as well as demand board seats for himself or his partners. Staying true to his image, Icahn made four new buys in the first quarter, with two of those companies being highly popularized and controversial. Icahn only increased his holdings in one company (highlighted below) and did not sell out or decrease his holdings in any stock. As of the end of the first quarter 2013, Icahn held on to 19 stocks that were valued at $16.957 billion.

      


  • Carl Icahn - Michael Dell Should Not Be Dell's CEO

    Icahn says that we need more than a bit of a cultural change at Dell (DELL). Michael Dell is no longer the guy to run this company.

    Icahn insists that he has nothing against Michael Dell and respects him, but is sure that he not going to be the guy to run the new Dell.  


  • CARL ICAHN: 'I Don't See Jim Chanos On The Forbes 400 List'

    "I've been on the other side of him [Chanos] many times and I've made fortunes being against him," said Icahn. "I don't mean this in a derrogatory way, but I don't see Chanos on the Forbes 400 list," he said.

      

  • Carl Icahn Walks Us Through His Offer to Acquire Dell

    Icahn thinks that the Michael Dell offer for Dell (DELL) that the board of directors has approved is a great giveaway. Instead he and Southeastern Asset Management are proposing a leveraged recapitalization.  


  • Icahn Increases Voice Recognition NUAN at 52-Week Low

    The GuruFocus 52-week low screener reveals that Nuance Communications Inc. (NUAN) is at a 52-week low of $18.94 (high was $25.89). According to the GuruFocus Value Screen for 52-week lows, NUAN is 26.8% off the high. But activist investor Guru Carl Icahn of Icahn Capital Management is putting his dough on this amazing voice recognition and imaging systems company that, in hindsight, has made television's old “The Jetsons” cartoon look like a kind of inspirational blueprint for today’s talking cars and interactive smart phones.

    At last month’s launch of Nuance's mobile advertising “Voice Ads,” Guru Carl Icahn became the largest stakeholder with a new buy of around 29 million NUAN shares. As of March 20, 2013, the stock price range was $19.5 per share. According to GuruFocus Real Time Picks, Icahn increased his position again by 15.58% as of April 30, 2013, adding around 4.5 million shares in the price range of $23.30 per share, just as Nuance Communications reported a less than expected second quarter. The current NUAN share price is $19.04, with a change from average down 18%. The stock is down 23% over the past 12 months.  


  • Forbes India Profiles Corporate Raider Carl Icahn

    From Forbes India, a profile of Carl Icahn:

    [i]Carl Icahn’s offices carry a distinct museum quality. Three decades of scalps, resulting from some of the most famous hostile takeovers, proxy fights and board assaults in American financial history, cover every cranny of his wood-lined corridors. There are model airplanes from TWA—the takeover that cemented his name among major league dealmakers—and toy trains from ACF Industries, which has served as his cash machine for decades. Lucite tombstones recount conquests involving many of the great companies of the 20th century, from MGM to Motorola, Texaco to Nabisco.  


  • Carl Icahn Guest Lecture At Yale University

    I'll let Carl Icahn introduce himself (from his site "The Icahn Report"):  


  • 60 Minutes Profiles Carl Icahn

    Pushing for change at Chesapeake Energy and Herbalife, battling head to head on CNBC with Bill Ackman... Carl Icahn isn't your run-of-the-mill senior citizen.

    At age 76, Carl Icahn is still shaking up corporate boards, criticizing management and demanding board seats. His hedge fund was one of the top performers in 2011 and has a long-term track record of approximately 30% pa. His conglomerate, Icahn Enterprises, invests in rail cars, retail, gaming, energy and automotive. He insists that most public companies around the world are very inefficient and can be improved with the correct strategies. A Princeton drop out, he is now one of the longest standing and most successful corporate take- over artists in the world.  


  • Bill Nygren Commentary on Oakmark Fund, First Quarter 2013

    The Oakmark Fund increased by 10% in the past quarter, bringing the gain for the first half of our fiscal year to 13%. The S&P 500 also increased significantly, up 11% and 10% for the quarter and six months, respectively. Despite these increases, we believe stocks remain moderately undervalued relative to their own history and extremely undervalued versus bonds.

    Our best performing stock in the quarter was Dell, up 42%. Dell is in the midst of a bidding war between a group headed by its CEO, Michael Dell, and groups led by Blackstone and Carl Icahn. We have decided, for now, to maintain our holding as we believe there is a reasonable probability that a higher bid will emerge. A more detailed discussion of our Dell position can be found in the commentary for the Oakmark and Oakmark Select Funds.  


  • Carl Icahn Writes Letter to Transocean Shareholders - Wants A Dividend Increase

    How does Icahn get any sleep? He seems to be publicly active with a new company every week — Herbalife, Chesapeake, Dell (potential acquisition).

    Yesterday he released this letter asking shareholders to support his three proposed directors and the implementation of a much larger dividend. Here is his letter:  


  • A Luddite Consumer Perspective - Icahn’s New Mega Buy, NUAN

    In 1926 Nikola Tesla, scientist, futurist and inventor, stated: "When wireless is perfectly applied the whole earth will be converted into a huge brain, which in fact it is, all things being particles of a real and rhythmic whole." In the 1960s philosopher Marshall McLuhan’s vision of technology in a media-dominated global village was that it translates "our entire lives into the spiritual form of information" and unifies the entire globe and the human family into a single consciousness.

    This week Nuance Communications Inc. (NUAN) and its new “Voice Ads” realized more of what Tesla envisioned and McLuhan predicted as “the intensification of the world community,” which he postulated before cell phones, smartphones, laptops, Facebook or Google. A few days ago, Nuance Communications unveiled “Voice Ads,” as a new mobile advertising format that lets a billion people have two-way conversations with the brands they love. The question is: Do you WANT to have a conversation with a brand? I don’t. I never talk to my shampoo. Ever.  


  • Carl Icahn’s 4 Biggest Dividend Stock Holdings

    Super investors made a great return in the past and they got very rich. Not all started to make money with little stock trading. Some of them made big deals with huge loans. They took the risk and won the game.

    Carl Icahn is such a person. He is an activist with $12 billion market value of his Icahn Capital Management vehicle. Herbalife, Transocean or Dell, Icahn is still named as investor who stirs up the pastry.  


  • Billionaire Carl Icahn: Pitbull At The Gate, Dell (DELL), Herbalife (HLF) And More

    Be sure to check out our detailed stock analysis (click here). It seems everywhere we look, Carl Icahn is nipping at some company's heels, getting ready to bite. He is the ultimate alpha investor. The CBS program "60 Minutes" profiled him in August 2008 and called his effect on a company's share price the “Icahn Lift.” The premise behind this is that Icahn boosts the value of a company's share price for other investors when he buys stock in that particular company (check out all of Icahn's stock picks).

    Icahn started his style of investing in the 1970s and 80s. The press originally called him a “Greenmailer” as companies would just pay him off to go away. In other words they paid a premium for his shares to leave the company alone. In the late 1980s and 90s, Icahn became known as a “Corporate Raider” after he bought entire companies using cash and debt. Today he's known as an “Activist Investor.” But as Icahn told "60 Minutes," he's been doing the same thing all along, which is identify an undervalued company and use his deep pockets to angle for change in the company's strategy and boost the stock price. When Icahn wins, other investors win as well because investors are investing right alongside him. Let's take a look at where Icahn is currently investing.  


  • Ride the Tank Car Boom: American Railcar Industries

    Contributing editor Glenn Rogers is back this week with some thoughts about North America's oil traffic jam and the railroad solution that producers are turning to with greater frequency. Glenn is a successful businessman and entrepreneur who has worked in both Canada and the U.S. and now lives in southern California. Here is his report. Glenn Rogers writes:

    While the U.S. government ponders whether to finally approve the Keystone pipeline, oil companies and refiners have figured out a way to move their products without the benefit of the less expensive and safer pipeline alternative - by rail.  


  • Chesapeake CEO Aubrey McClendon Resigns – What Now?

    After experiencing a roller-coaster of a year in 2012, jam-packed with investigations, falling market value, public scrutiny and company shareholders demanding his ouster, Chesapeake CEO Aubrey McClendon has announced his decision to resign, sending Chesapeake (CHK)’s stock to surge about 11 percent yesterday after the news broke.

    It seems like Chesapeake is well on its way to recovery, with McClendon’s resignation knocking off the first step, taking effect in the beginning of April. Since 2013 started, its stock has risen from $16 to its price today of $20.05.  


  • Carl Icahn Still Bullish on Chesapeake

    It appears that Carl Icahn has helped to shuffle the board of another company. Yesterday, it was revealed that Chief Executive Officer Aubrey McClendon has agreed to retire on April 1.

    However, it is not clear whether Icahn used his activist tactics to remove the beleaguered executive.  


  • Carl Icahn’s Top Growth Stocks

    It is incredibly hard to find a description of Carl Icahn without seeing the words activist, raider, takeover, and of course, billionaire, attached to his name. The aggressive investing Guru has built a legendary reputation disturbing the peace in the management of ailing companies, challenging corporate executives about the way they run businesses and writing ultra-public letters of criticism, all laced together with good intentions.

    As the ultimate contrarian, the Icahn approach doesn’t quite fall completely in line with the methods of the investing messiah himself, Warren Buffett, which often has people underestimating Icahn, explaining why investors do not piggy-back on his moves as fast as they do Buffett’s. But one part about this tidbit that Icahn does surely enjoy: proving people wrong.  


  • Carl Icahn Discloses a Position in Transocean Ltd.

    Global offshore drilling company, Transocean Ltd. (RIG), announced yesterday that activist Guru Carl Icahn has grabbed a 3.26 percent position in the company, according to a Transocean press release on Monday and an SEC filing.

    The company noted that the position consists of 1.56 percent of Transocean’s issued shares, and 1.7 percent worth of a synthetic long position (including options to acquire shares). Icahn additionally seeks approval to potentially obtain voting securities of Transocean in an amount exceeding $682.1 million. Buying this amount would place his stake in the company at about 5 percent.  


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    User Comments

    Bashe
    ReplyBashe - 3 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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