Carl Icahn

Carl Icahn

Last Update: 07-11-2016

Number of Stocks: 21
Number of New Stocks: 0

Total Value: $21,485 Mil
Q/Q Turnover: 1%

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

Carl Icahn Watch

  • Caxton Associates' Stocks Trading at Low P/E

    Bruce Stanley Kovner is the founder and chairman of Caxton Associates (Trades, Portfolio), L.L.C.

    According to GuruFocus the hedge fund manages a $2,681,000,000 portfolio composed of 140 stocks and the following are the ones trading with the highest margin of safety and with a very low P/E ratio.


  • AIG Just Posted a Considerable Loss For Q3

    American International Group (NYSE:AIG) posted a dismal third-quarter earnings report Monday night, revealing a considerable net loss, and plans to cut up to 400 senior-level jobs.

    CEO Peter Hancock said he blamed “market volatility” for AIG’s tough quarter, which saw the company lose $231 million, or 18 cents per share. Stacked against AIG’s Q3 2014 profit of $2.19 billion, or $1.52, Monday’s report will no doubt lend credibility to investor Carl Icahn (Trades, Portfolio)’s previous calls to break up AIG once and for all.


  • AIG: Missing Its Earnings Estimate at the Worst Possible Time

    At the worst possible time American International Group (NYSE:AIG) missed its earnings estimates. It is one thing to miss but to miss it just a few days after Carl Icahn (Trades, Portfolio) releases a letter he sent to the CEO, that is bad. The company reported an after-tax operating profit of $691 million which contrasts with a $1.7 billion in the same quarter last year. AIG attributes the result to its hedge fund investments and its stakes in Chinese insurance companies. AIG also took a $274 million restructuring charge associated with organizational simplification, operational efficiency and business rationalization. Carl Icahn (Trades, Portfolio) will be happy to hear. In other good news the company also continued its buybacks in Q3.

    The disappointing results increase the odds Carl Icahn (Trades, Portfolio) will get things done with his 2% stake in the insurance giant. Let’s take a look at the letter he sent to the CEO and the points he is making to see if it makes sense and this is an opportune time to buy or add AIG. Below I will excerpt certain parts of Icahn’s letter and comment on these parts:


  • Is Carl Icahn Right About AIG?

    Investors tend to shy away from taking on shares in one-stop-shops. After all, it’s generally far safer to place your faith in a meticulously focused business that’s simple to understand and easier to manage. That’s why the banking and insurance sectors have seen a record number of spinoffs over the past couple of years – and it’s also why infamously active investor Carl Icahn (Trades, Portfolio) has called for a breakup of American International Group (NYSE:AIG).

    Last week, Icahn delivered a scathing open letter to AIG’s CEO, Peter Hancock, in which he argued that AIG is simply "too big to succeed." According to Icahn, the $82 billion insurer’s status as a Systemically Important Financial Institution (SIFI) has created an “increasingly onerous regulatory burden” that is ultimately restricting the company’s overall potential. Consequently, Icahn would see AIG split its three primary businesses into separate companies: property and casualty, mortgage and life. Peter Hancock wasn’t necessarily pleased by Icahn’s letter, but the news did lift shares by 4.4% on Wednesday.


  • Two Gabelli Picks in the Auto Industry

    Guru Mario Gabelli (Trades, Portfolio) appeared on CNBC and talked auto stocks – category in which he has been extraordinarly successful lately. Not that he needed it. His reputation as a value investor who often engages with management is well established. I highly recommend taking notes of what he likes to buy in quantity. His top holding is Cablevision Systems Corp. (CVC) but I digress from what I wanted to talk about which is two of his interesting auto picks:



  • Carl Icahn: Pfizer Leaving America and Many More to Follow

    Carl Icahn (Trades, Portfolio)'s letter, made public Thursday evening:  

  • Apple's New iPhone Has Massive Deal for Investors

    One of the prominent stocks most hedge fund managers like to keep in their portfolios is Apple (NASDAQ:AAPL). Among the hedge fund managers, Carl Icahn (Trades, Portfolio) is one of the largest holders of the stock. According to GuruFocus data, Apple makes up 21.21% of Carl Icahn (Trades, Portfolio)’s portfolio.

    Apple designs, manufactures and markets mobile communication and media devices, personal computers, watches and portable digital music players worldwide. It reported higher-than-estimated third-quarter earnings on Oct. 27. The stock has increased by 9.20% year to date and performed well as compared to Technology SPDR (ETF) [XLK]


  • Carl Icahn Demands AIG Break Up in Letter to CEO

    Carl Icahn (Trades, Portfolio) took American International Group (NYSE:AIG) CEO Peter Hancock to task this morning in one of this famous letters morning demanding a break up of the company and a speedier increase of value for shareholders. Icahn decried the insurer's below-book value trading price and gave shares a fair value price of $100, citing fellow shareholder John Paulson (Trades, Portfolio).

    Though details have not surfaced in regulatory filings yet, Icahn said this morning on Twitter that he has a "large stake" in the company.


  • Undervalued Stocks With Growing Earnings Among Dodge & Cox's Holdings

    Dodge & Cox was founded in 1930 by Van Duyn Dodge and E. Morris Cox and employs a team research approach in making investment decisions.

    The following are the most undervalued stocks on the hedge fund’s portfolio that during the last five years have shown a strong growth rate on earnings per share ratio (EPS).


  • Apple Should Buy Back More Stock

    What should Apple (NASDAQ:AAPL) do with all of its excess cash?

    Some pretty sharp people have suggested that plowing it into stock buybacks does nothing for the America economy.


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