Carl Icahn

Carl Icahn

Last Update: 03-31-2015

Number of Stocks: 22
Number of New Stocks: 1

Total Value: $31,896 Mil
Q/Q Turnover: 2%

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

Carl Icahn Watch

  • 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.  


  • Gurus Gabelli and Icahn Own Large Chunks of Navistar

    Navistar sounds like the GPS company but it isn’t. The global manufacturer of International brand commercial trucks, large vehicles, and diesel engines Navistar International Corp. (NAV) is one stock on the keep-buying lists of Gurus Mario Gabelli and Carl Icahn. The GAMCO Investors’ Chairman and Chief Executive Officer Mario Gabelli owns 4,463,160 shares of NAV, valued as $97 million, as of Dec. 31, 2012. His NAV holdings account for 0.71% of his equity portfolio.

    Navistar International Inc. (NAV) stock rose from $31.89 last week after the company named Troy Clarke as CEO. Clarke plans to reduce costs by $175 million, lay off employees, and close business units to return Navistar to profitability by the end of the year. Navistar has combined engine technology with competitor Cummins Inc. to produce 13-liter engines that meet federal emission standards, according to the Chicago Tribune. Navistar will sell the big-bore engines made by Cummins Inc. in its heavy duty trucks with an anticipated start in April 2013. Incorporated in 1993, Navistar International has a market cap of $2.78 billion; its shares are traded at around $34.72 with and P/S ratio of 0.1979.  


  • 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.  


  • Carl Icahn Adds HLF as Herbalife War Erupts

    In his sixth add of Herbalife Ltd. (HLF) since his buy on Feb. 4, 2013, Guru Carl Icahn again increased his stake by 2.01% on March 8, 2013, for a total current shares of 16,355,131. Icahn is listed as 10% owner of Herbalife Ltd. The current price of HLF is $40.38, with a change from average down 3%. Founded in 1980, Herbalife Ltd. is a leading provider of weight management and nutritional supplements operating in 72 countries through a network of 2 million independent distributors.

    In the first quarter of 2013, Herbalife (HLF) got more than its fair share of press with controversial statements made by Gurus Bill Ackman of Pershing Square Capital Management LP and Carl Icahn of Icahn Capital Management LP, and others arguing about the Herbalife business model. Last week New York investor and attorney Daniel Ravicher filed paperwork in Manhattan Federal Court to force three banks to pull back $1.2 billion of financing for Herbalife. According to the New York Post, Ravicher filed another separate lawsuit seeking to force Icahn to pay damages and divest his stake in Herbalife.  


  • 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.  


  • Carl Icahn vs Bill Ackman and Herbalife

    Herbalife (HLF) is a ponzi scheme. Period. Why?

    For me it is pretty simple. They do not sell their products through retail channels. They sell them through distributors who are recruited by other distributors. Step one in the “increase sales” process is to recruit more distributors. Without adding distributors, sales are stagnant as the company has presented no evidence existing distributors are able to increase sales without also increasing recruiting.  


  • 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.  


  • Ackman Points Out a Bit of Hypocrisy in Icahn's Comments About Ackman's Herbalife Short

    I can't recall a feud carried out quite so publicly. First Icahn states that he doesn't like or respect Bill Ackman on cable television. Today Ackman gets a chance to reply by basically calling Icahn out for being a hypocrite.

    Icahn said yesterday that he thought it was distasteful and too aggressive for Ackman to publicly announce his short position in Herbalife at the Ira Sohn conference. Ackman points out that in both 2002 and 2003 Icahn spoke at the exact same conference about his short position in Trinity Industries which he was short 22% the float of.  


  • And the War Continues: Short-Seller Jim Chanos Comments on Herbalife

    A video posted by Reuters yesterday featured famed short-seller, Jim Chanos, zeroing in on Herbalife (HLF), the stock in the middle of a heated betting war between several hedge fund managers.

    Although Chanos was reluctant to reveal his actual position on Herbalife, he did view his opinions about companies like Herbalife in general, which discloses his stance on the multi-level marketing business model that Herbalife is comprised of.  


  • 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.  


  • Talks of Carl Icahn Getting a Piece of Herbalife, Joining Loeb in Long Position

    After fellow activist investor, Daniel Loeb set off the media earlier this week with his declaration to obtain a long position in Herbalife (HLF), a company that Pershing Square’s Bill Ackman just shorted weeks ago, corporate raiding Guru Carl Icahn has been reported yesterday afternoon of joining Loeb in taking a piece of the action.

    Herbalife, a nutritional supplement company that uses a multi-level marketing approach, was labeled a pyramid scheme by Ackman days before Christmas, dropping the stock down more than 15 percent. A few weeks have gone by, along with Loeb’s initiation, and the stock is seen slowly recovering. The stock is down only 0.64 percent Friday morning.  


  • Herbalife's President Appears on CNBC to Refute Ackman's Claims

    What a start to 2013! Ackman goes public in grand fashion with a 9 million-page short presentation on Herbalife (HLF) promising to dedicate his profits to charity.

    Then to make things even more interesting, both Daniel Loeb and now Carl Icahn have taken the long side of Herbalife. Icahn and Ackman have long had a real hate for each other, so this story is going to be one for the ages.  


  • Carl Icahn’s Commercial Metals Stake Continues to Lose Shine

    It has been about a year since activist investor Carl Icahn dropped his bid for Irving, Texas-based Commercial Metals Co. (CMC). After a proxy contest lasting several months, and the company urging its shareholders to refuse Icahn’s $15 per share tender offer, Commercial Metals can continue to welcome the New Year Icahn-free, as the takeover Guru reported his third stake reduction in the company today.

    Icahn, who once had about 10 percent control of the company, now has 6.17 percent of the company’s outstanding shares. In the third quarter of 2012, he had 6.82 percent outstanding shares.  


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User Comments

Wheely
ReplyWheely - 4 days ago
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Bashe
ReplyBashe - 9 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 - 1 year ago
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Tnguye48
ReplyTnguye48 - 1 year ago
Is APPLE missing in this portfolio?



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