Carl Icahn

Carl Icahn

Last Update: 2014-06-30

Number of Stocks: 19
Number of New Stocks: 1

Total Value: $32,928 Mil
Q/Q Turnover: 10%

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

Carl Icahn Watch

  • Carl Icahn Sounds Alarm Over Excessive Leverage

    Legendary money manager Carl Icahn sounded the alarm bell after the Ira Sohn conference.

    In an interview with CNBC, Icahn said the following:  


  • Ira Sohn Conference: Carl Icahn's Favorite Stock is Icahn Enterprises

    Carl Icahn began his career on Wall Street in 1961 and has become one of the most well-known and influential investors in America. In 1968, Icahn formed Icahn & Company. As a leading shareholder activist, Icahn believes his efforts have unlocked billions of dollars of shareholder and bondholder value and have improved the competitiveness of American companies. Icahn is a graduate of Princeton University, with a degree in philosophy.

    He was told by his father he had no talent. His father was an artist and his mother a musician.  


  • Billionaire Investor Carl Icahn Q1 Portfolio Update; Buys CLX, AMGN, SUG

    Billionaire activist investor Carl Icahn just reported his Q1 portfolio. Icahn likes to invest in distressed situations and push for a change in companies’ management. As of 03/31/2011, Icahn Capital Management LP owns 24 stocks with a total value of $6.2 billion. These are the details of the buys and sells.  


  • Carl Icahn: My Finest Hour as an Investor

    Activist investor Carl Icahn wrote to the editor of The New York Times to correct the misconception that one of the paper’s previous articles may have given its readers:

    While I found your article, “The Raider in Winter” (April 17) to be informative, I believe readers might draw conclusions that are inaccurate. The article states, “Mr. Icahn lost so much money during the financial crisis that he is still a bit shaken by the experience.” I find this statement to be nonsense.  


  • Carl Icahn Not Done Yet – Still Fighting the Likes of Trump and Ackman

    CARL C. ICAHN chases deals the way a dog chases cars. The guy just won’t quit. Talk to him for three minutes, and you get the feeling he couldn’t quit if he wanted to.

    “What else would I do? Play shuffleboard somewhere?” Mr. Icahn grumbles into the phone from his vacation home in Indian Creek, Fla., the rarefied enclave near Miami.  


  • NYT: The Raider in Winter: Carl Icahn at 75

    NYT has a good article on Carl Icahn, written by Janet Morrisey entitled, "The Raider in Winter: Carl Icahn at 75."

    These days, Icahn enjoys so much fame that one only has to mention that Carl Icahn has taken a stake in certain stocks, and those stocks will go up. For instance, in November 2010, regulatory filings showed that he had taken stakes in the toy maker Mattel and the building products company Masco. Mattel’s shares jumped to a 52-week high. Masco’s are up about 17%t since he bought the stake.  


  • Mentor Graphics Rejects Icahn Takeover, Proceeds with Debt Plan

    Carl Icahn, activist investor who specializes in overtaking distressed or out-of-favor companies and turning them around, continues in the battle for his latest target – Mentor Graphics Corp.(MENT) Mentor Graphics is a company that designs electronic design automation; it has a market cap of $1.6 billion and negative 2.6% revenue growth in the last five years. Icahn currently owns 12,896,232 shares (11.76%) of the company and on Feb. 22 offered to acquire it for $17 per share or $1.91 billion. On March 28, the company’s board of directors unanimously rejected the offering, saying “The $17 per share proposal by Carl Icahn and certain of his affiliated entities (“Icahn Entities”) undervalues the company and its future prospects.” They also said they believed that selling to a strategic buyer would put it at commercial and regulatory risk that would not be in the best interest of the company or its shareholders.

    The very next day, Mentor announced that it would commence selling $220 million in bonds which could be converted to stock if the company is sold. The bonds would reduce Mentor’s annual interest payment on its debt to 4% from 6.25%.  


  • Carl Icahn to Return All Funds He Manages for Outside Investors

    In what would have to qualify as pretty big news, Carl Icahn has announced that he will be returning all the money he manages for outside investors.  


  • Icahn’s Takes a Beating on AMLN Stake

    Billionaire activist investor Carl Icahn is set to take a beating on his large stake in Amylin Pharmaceuticals (AMLN). Amylin shares fell 25 percent to $11.20 in early Nasdaq Stock Market trading after the companies diabetes drug Bydureon was found to be ineffective. A recent study found that Bydureon didn’t control diabetes disease better than the existing drug, Novo Nordisk A/S’ Victoza.

    Icahn Capital Management LP recently added to his holdings in AMLN in the fourth quarter of 2010. His holdings were 14,381,925 shares as of 12/31/2010 and he owns almost 10% of the company. AMLN makes up 5.39% of Icahn’s total portfolio.  


  • Carl Icahn Continues to Ride Organic Food Boom

    Carl Icahn continues to load up on shares of organic food distributor The Hain Celestial Group, Inc.(HAIN).

    In a Feb. 18, 2011 SEC filing Icahn revealed that he picked up another 15,800 shares since December 31, 2010.  


  • Carl Icahn Extends Offer to Buy Out Mentor Graphics Corp.

    Carl Icahn the activist investor is very busy these days and cannot be easily discouraged. Shortly after Dynergy shareholders rejected his buyout offer, yesterday he extended an offer to buy another company, Mentor Graphics Corp. (MENT), for $1.91 billion or $17 per share. This is the letter Icahn sent to the BOD of MENT, according to a SEC filing:
    I hereby offer to have one or more of my affiliated entities purchase Mentor Graphics in a transaction, the form of which will be determined, designed to yield its shareholders $17 per share net in cash. That price represents an approximate premium of about 40% above the price at the beginning of January 2011. This offer is conditioned on completion of cursory due diligence, and the redemption and waiver of anti-takeover devices and laws such as the poison pill. There will be no financing conditions. Furthermore, we will not insist upon providing for a break-up fee in the transaction so as not to provide a roadblock to others who may want to consider bidding higher than our bid. As we have told you, we believe that there are potential strategic bidders for Mentor Graphics whose bid will reflect inherent synergies and should be superior to our $17 offer. However, in any event, we believe that our fellow shareholders should have the opportunity to accept our offer or a higher one, if one emerges as we think it will.
    Over the past few quarters, Icahn built a sizeable position in this stock and the trade by itself has been very profitable.


    By extending the offer to Mentor Graphics, Icahn also opens door for selling his own shares to higher bidders.  


  • Why Carl Icahn is Pouring a Fortune into These Stocks

    Want a great stock tip? You might want to take one from Carl Icahn, since he seems to know what he's doing. The 75-year-old investing legend earned his fortune the old-fashioned way: through leveraged buyouts and private equity deals. Since 1978, Icahn has been taking on majority stakes in companies, unlocking their full value (usually with management shakeups), selling them for a nice gain and then rolling those profits into the next and bigger deal.

    Considering he's parlayed very little into an $11 billion portfolio in a little more than three decades, it might be worth poaching one of his picks.  


  • Carl Icahn Buys NAV, CHK, ENZN, AMLN, CMC,

    Billionaire activist investor Carl Icahn reported his Q4 portfolio. As of 12/31/2010, Icahn Capital Management LP owns 25 stocks with a total value of $5.6 billion. These are the details of the buys and sells. Carl Icahn likes to buy shares of companies that in distressed situations. He then push for a change. His latest impact is with Motorola, the 70-year old company was split into two, Motorola Mobile and Motorola Solutions. Carl Icahn is moving into Chesapeake Energy. He now owns more than 20 million shares of CHK. We are waiting to see what kind of changes he will push into the company.

    This is the portfolio chart of Carl Icahn. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.  


  • Activist Investor Carl Icahn and Donald Drapkin Going After Mentor Graphics

    Mentor Graphics Corporation is a provider of software and hardware design solutions that enable its customers to develop electronic products. Recently it is the $1.4 billion market cap company is the target of some heavy-weight activist investors, including our own Investment Guru Carl Icahn.

    Today, Carl Icahn and Donald Drapkin tell CNBC why they feel Mentor Graphics is trying to disenfranchise shareholders.  


  • Carl Icahn Built a 5.8% Stake in Chesapeake Energy Corp.

    A little over two years ago, Chairman and CEO of Chesapeake Energy Corp. Aubrey McClendon made news for having to liquidate his 33.4 million in his company due to a margin call for $16.52 per share.

    Shortly after that, McClendon was shortly thereafter awarded a controversial one-off $75,000,000.00 'Well Cost Incentive Award' by the board of directors.  


  • Are We Seeing Carl Icahn’s Influence – Chesapeake Announces Plans for Debt Reduction

    I’ve written about Chesapeake quite a few times over the past few months as the share price lingered in the $21 to $23 range. This link recaps most of what I’ve written.  


  • After Motorola, How to Play Carl Icahn's Next Move in Chesapeake Energy?

    Carl Icahn has a pretty simple formula for investing: Find a company with unappreciated assets and a sleepy management team, rattle a few cages, and wait for shares to finally appreciate. That's what he did with Motorola (MOT) and many other companies over the years. [Read my take on that here.] He doesn't always succeed, but several big hits have pushed him into the billionaire's club (he's actually worth an estimated $8.9 billion, according to Forbes).

    He's at it again. Icahn has been buying up shares of natural gas firm Chesapeake Energy (CHK), and is gearing up some fresh cage rattling. Icahn just announced in a 13-D filing that his firm now owns 5.8% of the company and "intends to seek to continue to have conversations with the company's management to discuss the business & operations of the company and the maximization of shareholder value."  


  • Carl Icahn Recounts the Penzoil Texaco/Getty Oil Feud

    The Getty Oil takeover battle between Texaco and Pennzoil was probably one of the ugliest in Wall Street's history. In 1984, Texaco swooped in at the last minute with a winning bid before Pennzoil was able to finalize an already agreed-upon deal with Getty Oil.

    A furious Pennzoil filed suit and started a bitter legal feud that lasted for the following four years, which pushed Texaco into bankruptcy, until a settlement of $3 billion, brokered by Carl Icahn, was reached. At the time, Cal Icahn, a noted corporate raider and financier, accumulated over 13% of Texaco's stock in a failed attempt to take control of the board.  


  • Carl Icahn's Dynegy Power Struggle and Coming Showdown at Chesapeak Energy

    It has been a literal power struggle between Dynegy, Inc. (DNY) -- the third-largest U.S. independent power producer--and its investors. With weak natural gas prices dragging down power prices, Dynegy booked a net loss of $1.25 billion in 2009 and another $70 million loss in the first nine months of this year.

    Natgas Kills The Power  


  • Carl Icahn Buys Mattel (MAT): What Does Icahn See in Mattel? And Should You Buy Mattel at $25?

    Carl Icahn recently bought 2.4 million shares of Mattel (MAT). On average, Icahn paid $21.94 for his Mattel shares. The stock now trades at $25.64. That means Icahn already has a 17% gain on his investment in Mattel.

    Should you follow Carl Icahn into Mattel?  


Add Notes, Comments or Ask Questions

User Comments

Bashe
ReplyBashe - 1 week 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 - 7 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 - 8 months ago
Is APPLE missing in this portfolio?



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