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

  • Carl Icahn Changed His Position to CIT Group Inc. PrePackaged Reorganization Plan

    (GuruFocus, November 1, 2009) Activist Investor Carl Icahn went to Fox Business Network explaining what exactly going on with small and middle business lender CIT Group Inc. In exchange giving the control of the board to the bond holders, the CIT Group Inc. is getting $1b from Carl Icahn as a line of credit during the prepackage bankruptcy period.

    CIT Group has gone through a series of financial and liquidity crisis during the past year due to credit losses. A month ago, the company announced a reorganization plan. Under the prepackaged plan, as amended and extended later on, CIT bondholders will get 70 cents on the dollar in the form of new notes and essentially most of the equity in the reorganized company.  


  • Carl Icahn leaves Yahoo!

    Carl Icahn resigned from Yahoo’s board of directors on Friday (October 23, 2009). His resignation letter reads as follows:

    [i]To the Yahoo! Board of Directors:  


  • Gurus Who Sold and Who Kept CIT Group Inc.

    (GuruFocus, October 19, 2009) Invest Guru Carl Icahn offers $6 billion to the troubled company CIT Group Inc. to replace the company’s tender offer to bond holders. He said the offer can save the company $144 million. The shareholder right advocator thinks the company’s own plan favor the larger bond holders and disadvantages the small guys.

      


  • Carl Icahn and Bill Ackman on REITS (Realty Income Corp (NYSE: O))

    Carl Icahn recently gave an interview on CNBC in which he discussed the risks of REITs right now. Bill Ackman also provided his thesis at the Great Investors Best Ideas conference in Dallas, TX. Ackman specifically stated that he is shorting Realty Income Corp (Public, NYSE:O). The Carl Icahn video is viewable at the bottom of this article.

    Carl Icahn  


  • Carl Icahn Top Stocks: Yahoo! Inc., Motorola Inc., Biogen Idec Inc, Amylin Pharmaceuticals, Lions Gate Entertainment Corp., Regeneron Pharmaceuticals

    (GuruFocus, October 10, 2009) Investment Guru Carl Icahn is known as a nadvocate for shareholder’s right and for his activism investment approach. His long career has rewarded him enormously. In 2008 his net worth was US$14 billion, putting him in an eight way tie for the 46th richest man in the world.In 2009 Forbes recalculated his net worth as $9 billion, but now he is in an eight way tie for the 43rd richest man in the world.

    Typically he will enter a substantial equity position or if it is a re-organization situation, a controlling debt position. He will then seek for board seats and saying in how the business should be run, which CEO should hire, or whether the company should purse a M&A. Here is a video in which he discussed some of his investments and his assessment for the current "bear market rally":



  • Carl Icahn Buys Lions Gate Entertainment Corp., Sells The Williams Companies Inc., Holds Yahoo! Inc. and Motorola Inc.

    Carl Icahn is not doing much with his portfolio these days. He even stopped writing blogs. But if he does something, it is usually big. This is the update of his Q2 portfolio.

    Carl Icahn sells The Williams Companies Inc. during the 3-months ended 06/30/2009, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 19 stocks with a total value of $2.8 billion. These are the details of the buys and sells.  


  • Carl Icahn, others lose Steel Partners challenge

    At GuruFocus we track the stock holdings of Investment Gurus. As hard as we work to do a good job, we have a few built-in short falls. One of the areas is on private equity investments the Investment Gurus made. There are simply no data reported so we can keep track of.

    Here is an example involving several of the gurus we follow:  


  • Carl Icahn Buys UltraShort Real Estate ProShares, sells Anadarko Petroleum Corp., TempleInland Inc., Life Technologies Corp

    This is the Q1 portfolio update of Carl Icahn's Icahn Capital Management LP. Carl Icahn likes to buy distressed situations. He is also a famed active investor, buy shares in a company and push for change. , he must see a lot of them these days. Carl Icahn owns 20 stocks with a total value of $2.3 billion. These are the details of the buys and sells.

    Carl Icahn buys UltraShort Real Estate ProShares, sells Anadarko Petroleum Corp., TempleInland Inc., FORESTAR RE GROUP, AMICUS THERAPEUTICS, INC., LIFE TECHNOLOGIES CORPORATION during the 3-months ended 03/31/2009, according to the most recent filings of his investment company, Icahn Capital Management LP.  


  • It's Up to the Shareholders, Not the Government, to Demand Change at a Company

    Several years ago, I bought a big chunk of 'distressed' debt in a major company and landed on the creditors committee when it filed for Chapter 11. Shortly thereafter, the bankers who were hired by senior management told me that I would have to pay retention bonuses to keep its top managers from leaving.

    The company, they warned, would crumble if these star managers left. Nine had already threatened to march out the door if they didn't get substantial bonuses. I told them I was fed up with retention bonuses. Where was the line waiting to hire these "star" managers who were responsible for bankrupting the company in the first place?  


  • Carl Icahn is reportedly trying to force MGM Mirage into bankruptcy

    The former owner of the Stratosphere and a large investor in Cannery Casinos are reportedly trying to force MGM Mirage into bankruptcy.

    The Wall Street Journal Thursday said corporate raider Carl Icahn and private equity fund Oaktree Capital Management have purchased large amounts of MGM Mirage’s corporate bonds in hopes of forcing the Strip casino giant into filing for bankruptcy to restructure the company’s $13.5 billion debt.  


  • Carl Icahn Buys Life Technologies Corp., Wendy's International Inc., Medarex Inc., Sells Advanced Micro Devices Inc., Citigroup Inc., J.C. Penney Company Inc.

    If Carl Icahn buys stocks in a company, he may do something to the companies' management and business operations. CEOs hate him, shareholders like him. These are what he bought and sold during the 4th quarter of 2008.

    Carl Icahn buys Life Technologies Corp., Wendy's International Inc., Medarex Inc., sells Advanced Micro Devices Inc., Citigroup Inc., J.C. Penney Company Inc., Lear Corp., Quest Resource Corp., Telik Inc., Time Warner Cable Inc., Time Warner Inc. during the 3-months ended 12/31/2008, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 24 stocks with a total value of $2.8 billion. These are the details of the buys and sells.  


  • Icahn Battles Black as Buyout Firms Press Bondholders

    Bloomberg has a piece on active investor Carl Icahn
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  • Icahn and Alwaleed in Citigroup

    Both Carl Icahn and Prince Alwaleed have both expressed great confidence and interest in citigroup. I to believe their shares are extremely undervalued. Although buying shares here is highly speculative, I believe the risk to reward makes the investment worthwhile. It seems to me that Citigroup is to big to fail. Worst case scenario is they will be bought out for a ridiculously cheap price. I have added a 2% position in the company as a speculation play in my portfolio. Any ideas on Citigroup?  


  • Carl Icahn Buys Citigroup Inc., Endo Pharmaceuticals Holdings Inc., Advanced Micro Devices Inc., Sells Applera Corp. Applied Biosystems Group

    Activist investor Carl Icahn buys Citigroup Inc., Endo Pharmaceuticals Holdings Inc., Advanced Micro Devices Inc., Exelixis Inc., TakeTwo Interactive Software Inc., sells Applera Corp. Applied Biosystems Group, WCI Communities Inc. during the 3-months ended 09/30/2008, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 29 stocks with a total value of $4.5 billion. These are the details of the buys and sells.  


  • Say On Pay

    John McCain and Barack Obama finally agree on something: corporate accountability.

    'Say on Pay' has become a hot topic in the 2008 elections and highlights our faulty corporate structure. 'Say on Pay' may be the first step in emphasizing to our political leaders how important corporate governance is to the United States economy.  


  • Corporate Waste Brings this Nation Closer to the Brink

    Few things bother me more than the titanic government debt load this country carries from years of reckless government borrowing and spending. We really have no ability to repay this debt, other than by continually issuing new debt to pay the interest on the old debt.

    The Peter G. Peterson Foundation calculates that we as a country have racked up a staggering $53 trillion in government obligations. That’s $455,000 per household and growing at the rate of $2 trillion to $3 trillion a year "on autopilot," the respected think tank says.  


  • Carl Icahn Buys Yahoo! Inc., Motorola Inc., Emisphere Technologies Inc., Sells BEA Systems Inc., GUARANTY FIN GROUP, Perry Ellis International Inc.

    Billionaire activist invesor Carl Icahn's Yahoo position has been widely discussed. It seems now he finds opportunities in drug companies and his old favorite Motorola Inc. These are his buys and sells during the second quarter. Carl Icahn owns 25 stocks with a total value of $4.9 billion.

    Carl Icahn buys Yahoo! Inc., WCI Communities Inc., Emisphere Technologies Inc., sells BEA Systems Inc., GUARANTY FIN GROUP, Perry Ellis International Inc. during the 3-months ended 06/30/2008, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 25 stocks with a total value of $4.9 billion. These are the details of the buys and sells.  


  • Carl Icahn's blog: Corporate Democracy is a Myth

    The long awaited Carl Icahn Blog is live now. Read his comment on corporate democracy: "Recently, there has been a great deal of outrage concerning the huge pay and severance packages awarded to a number of CEOs. There has been much criticism of the fact that CEOs earn 520 times that of the average worker..."

    "A great deal has been made of the scandalous actions of a number of CEOs and boards concerning the backdating of options. Sadly, a much deeper, more pernicious, more threatening problem of the future of our economy exists at today’s corporations: many corporate boards and managers are doing an abysmal job. The lack of competent leadership makes our companies less competitive day by day, causing an upward spiraling trade and current account deficit, as well as a near meltdown of the financial sector..."  


  • Icahn Files 13D on Enzon Pharma

    Carl Icahn filed a 13D regarding his stake in Enzon Pharmaceuticals (ENZN) today.

    Icahn now may be deemed to beneficially own, in the aggregate, 3,072,103 Shares, representing approximately 6.93% of Enzon's outstanding Shares (based upon the 44,322,923 Shares  


  • Icahn Playing Hard-Ball with Motorola

    In a just released SEC filing, Icahn, who owns 6.4% of the stock, notified Motorola (MOT) management the gloves are now off. He is now urging his own Board nominations to shareholders.

    From the filing: "The election of the Nominees requires the affirmative vote of a plurality of the votes cast, assuming a quorum is present or otherwise represented at the Annual Meeting. As a result, your vote is extremely important. We urge you to mark, sign, date and return the enclosed GOLD proxy card to vote FOR the election of the Nominees.  


  • Carl Icahn's Lucrative $300M "Mistake"

    Mega-investor Carl Icahn says he may have been wrong to try to break up Time Warner, but despite his mistake, he had the last laugh by making $300 million on the company.

    Icahn talks to 60 Minutes correspondent Lesley Stahl about his battle against Time Warner and his aggressive investment strategies that tend to lift the price of stocks in profile to be broadcast this Sunday, March 9, at 7 p.m. ET/PT.  


  • Carl Icahn Buys J.C. Penney Company Inc., Time Warner Cable Inc., Forstar Re Group, Sells Rowan Companies Inc., Genzyme Corp., MeadWestvaco Corp.

    Billionaire activities investor Carl Icahn likes to buys stocks that are out of favor. He likes it even more if the whole industry is out of favor. The recent shakeup in fiancial sector certainly gives him opportunities. These are his buys and sells during the fourth quarter.

    Carl Icahn buys J.C. Penney Company Inc., Time Warner Cable Inc., Forestar Re Group, GUARANTY FIN GROUP, Perry Ellis International Inc., AMICUS THERAPEUTICS, INC., sells Acorda Therapeutics Inc., Genzyme Corp., Harrah's Entertainment Inc., MGI PHARMA Inc., MeadWestvaco Corp., Children's Place Retail Stores Inc., Rowan Companies Inc. during the 3-months ended 12/31/2007, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 31 stocks with a total value of $4.8 billion. These are the details of the buys and sells.  


  • Carl Icahn Buys Anadarko Petroleum Corp., Harrah's Entertainment Inc., Genzyme Corp., Compton Petroleum Corp., Sells Talisman Energy Inc., Alcoa Inc.

    Billionaire activities investor Carl Icahn likes to buy a small stake in a company and push for a change. He loves it if the industry is out of favor. He seems to be quite active these days as he is buying a lot. This is his portfolio updates for the third quarter.

    Carl Icahn buys Harrah's Entertainment Inc., Genzyme Corp., Compton Petroleum Corp., Children's Place Retail Stores Inc., Applera Corp. Applied Biosystems Group, MGI PHARMA Inc., TakeTwo Interactive Software Inc., Acorda Therapeutics Inc., sells Talisman Energy Inc., Alcoa Inc., Alcan Inc., Clear Channel Communications Inc., Global Payments Inc., Kraft Foods Inc., Pride International Inc. during the 3-months ended 09/30/2007, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 32 stocks with a total value of $4.6 billion. These are the details of the buys and sells.  


  • Carl Icahn Buys Biogen Idec Inc., Alcoa Inc., Kraft Foods Inc., Rowan Companies Inc., Adds to Motorola Inc.

    Activitist investor Carl Icahn's Icahn Management LP had a big increase in asset under management during the second quarter, and he bought a lot of stocks. These are his buys during the second quarter.

    Carl Icahn buys Biogen Idec Inc., Alcoa Inc., Kraft Foods Inc., Meadwestvaco Corp., Rowan Companies Inc., Bea Systems Inc., Alcan Inc., Macy's, Inc, Clear Channel Communications I, Lincoln National Corp., Global Payments Inc., Enzon Pharmaceuticals Inc., sells Medimmune Inc. during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 31 stocks with a total value of $4.3 billion. These are the details of the buys and sells.  


  • Failed Lear bid has upside for Icahn

    Carl Icahn's failed attempt to buy Lear may ultimately prove to be a win-win situation for the billionaire investor.

    If Icahn had completed the acquisition, he would have paid $37.25 a share, little more than the $37.03 average price of the automotive-seat maker's stock since its initial public offering in 1994. After shareholders rejected the proposed $2.9 billion takeover, the stock rose well above the offer.  


  • Lear shareholders reject Icahn deal

    Lear Corp. shareholders rejected a $2.9 billion buyout offer Monday from a firm led by billionaire investor Carl Icahn, mounting enough opposition amid concerns that the bid undervalued the auto supplier.

    Icahn's American Real Estate Partners LP had improved its offer in the past week to $37.25 a share, but some shareholders said Lear was worth far more and questioned whether the deal was in their best interest.  


  • Icahn Says Private Equity Buyout Rush Has Peaked

    Billionaire corporate raider Carl Icahn, the man famed for hostile takeover battles for names such as TWA and RJR Nabisco, said Wednesday that the escalating amount of private-equity deals rushing the market this year has peaked.

    Icahn, who has spent more than four decades on Wall Street buying and selling companies, blamed private equity's downfall on the amount of money being paid these days to make an acquisition. The price tag of a private equity deal hit a new record in February when a consortium of buyout shops bought energy provider TXU Corp. for about $45 billion.  


  • Carl Icahn Buys Motorola Inc., Pride International Inc., Anadarko Petroleum Corp., Sells Take-Two Interactive Software, Cigna Corp., Sl Green Realty Corp.

    Billionaire activist investor Carl Icahn buys Motorola Inc., Pride International Inc., Anadarko Petroleum Corp., CSX Corp., sells Take-two Interactive Software, SL Green Realty Corp., Cigna Corp., Hilton Hotels Corp. during the 3-months ended 03/31/2007, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 26 stocks with a total value of $2.4 billion. These are the details of the buys and sells.

    New Purchases: APC, CSX, MOT, PDE,  


  • New Guru Added: Carl Icahn

    GuruFocus is very glad to announce that we have added billionaire investor Carl Icahn into our Guru Hall of Fame.

    Carl Icahn is an activist investor. He takes minority stakes in public companies and typically pushes for change. He invests with three investment vehicles: the 7 billion hedge fund, Icahn Partners, American Real Estate Partners (AREP), a public traded private equity firm, and Icahn Management LP, a $2 billion hedge fund. GuruFocus tracks the third portfolio, which covers all the stocks owned by Icahn Partners. Mr. Icahn has a personal wealth of $17 billion.  


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