Carl Icahn

Carl Icahn

Last Update: 08-19-2015

Number of Stocks: 23
Number of New Stocks: 2

Total Value: $31,201 Mil
Q/Q Turnover: 3%

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

Carl Icahn Watch

  • Icahn Adds Stake in Tegna, Cheniere Energy

    During the second quarter, activist investor Carl Icahn (Trades, Portfolio) added two new stakes to his portfolio and sold out his holding in Netflix (NASDAQ:NFLX), according to data reported by GuruFocus Real Time Picks.


    Icahn purchased 14,967,373 shares of Tegna (NYSE:TGNA) for an average price of $28.79 per share. Tegna is an international media and marketing solutions company that reaches more than 110 million people per month.

      


  • Icahn Enterprises Second Quarter 13F Filing

    Carl Icahn (Trades, Portfolio)'s Icahn Enterprises (NASDAQ:IEP) released its second quarter 13F filing last Friday. The firm disclosed new stakes in Tegna Inc. (NYSE:TGNA), Gannett Spinco Inc. (NYSE:GCI) and Cheniere Energy (LNG). During the second quarter Icahn disclosed that he sold his 15 million shares of Gannett Inc. As well Icahn sold the remaining 1.4 million share of Netflix (NASDAQ:NFLX) that he owned for $588 million. Icahn has made over $2 billion in profits off his Netflix investment that he held two years.


    Tegna Inc.:

      


  • Carl Icahn's Billion Dollar Bet on Liquefied Natural Gas

    Over the last six months Carl Icahn (Trades, Portfolio)'s portfolio has been destroyed by the collapse in oil prices. Icahn has made a big bet on energy stocks the last few years and been burned by the collapse in oil. The collapse in oil prices has caused Icahn's portfolio to be filled with massive paper losses. His holding company Icahn Enterprises (NASDAQ:IEP) is down over 25% since the start of the year and its earnings have been wiped out by the paper losses in energy stocks. So with all these paper losses why in the world would Icahn make another $1 billion bet in the energy sector. Well you be wrong Icahn acquired 8.8% of natural gas company Cheniere Energy (LNG) during the second quarter. The company is a large natural gas producer that is in the middle of beginning to export liquid natural gas. Cheniere will be the first company to export liquefied natural gas in the United States. The company spent $16 billion to build its largest export terminal. Carl Icahn (Trades, Portfolio) clearly believes that exporting the liquefied natural gas is going to be highly profitable, and he intends to profit from it.


    Icahn's stake In Cheniere Energy:

      


  • Carl Ichan Is Not Afraid of the Energy Sector

    Undoubtedly Carl Icahn (Trades, Portfolio) is one of the best investors in the world. He founded Icahn Capital LP, which had about $32 billion under management. The investor reported initiating a new stake in Cheniere Energy Inc. (LNG), a $16.48 billion market cap, according to GuruFocus Real Time Picks.


    New position

      


  • Five-year Lows: Suburban Propane Partners LP, South Jersey Industries Inc, Valhi Inc, Navistar International Corp.

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Suburban Propane Partners LP, South Jersey Industries Inc, Valhi Inc, Navistar International Corp.


    Suburban Propane Partners LP (NYSE:SPH) Reached $37.01

      


  • Carl Icahn Increasingly Banks on Energy With Cheniere Stake

    Though energy stocks plagued Carl Icahn (Trades, Portfolio)’s investment fund in 2014 with a half a billion-dollar loss, his bullish long-term stance on the sector continues with a headline-grabbing 8.18% stake in natural gas developer Cheniere Energy (LNG).


    Icahn expected the oil slump to persist as he hunted for more opportunities, saying in February:

      


  • Top insider buys of the week: Navistar and Fibrocell

    The All-In-One Guru Screener can be used to find insider buys over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying from “$500,000+” and Duration to "July 2015."


    According to the above filters, the following are the recent buys from company insiders over the past week:

      


  • Risk And Reward With Seadrill Ltd

    Seadrill Ltd (NYSE:SDRL) is an offshore, some would consider maverick, drilling contractor focused on unlocking oil and gas in the safest most efficient way. The company has the industry’s youngest and most advanced rig fleet to go along with 9,450 highly skilled employees.


    Offshore drilling (despite the dangers) is still very attractive for companies like Exxon (NYSE:XOM) and Shell (NYSE:RDS.A)(NYSE:RDS.B) who have zero access to most of the world’s reserves because of state-owned companies. Plus, with oil prices at cyclical lows right now, buying into this company could make a lot of sense.

      


  • Grantham, High Yield, and The Cyclical Bear In Gold – CMG Capital Management

    “If you’re young, take the whack [and] if you’re old, pray for the Fed to keep going.” – Jeremy Grantham (Trades, Portfolio)


    Grantham was the opening keynote at the Morningstar Investment Conference in late June. There were several notable insights I share with you this week. The intro quote above pretty well sums up his outlook. All about that (bass) Fed, about that (bass) Fed. The jingle continues to ring in my mind.

      


  • Carl Icahn Warns That It Is 2007 All Over Again

    Carl Icahn (Trades, Portfolio) thinks that there is a reckoning coming, and there are a lot of investors who have no idea how much risk they are exposed to.


    He singles out the high yield bond market where rising interest rates will be the catalyst to create the plunge.

      


  • Carl Icahn vs Larry Fink

    CNBC did its again at Delivering Alpha, putting Carl Icahn (Trades, Portfolio) and Larry Fink on the same stage at the same time together. These two titans of finance have been going at its the last year about various topics but mainly Activist Investing. Both men gave their views on the various topics at the conference. They both went back and forth over everything from the high yield market to activists' effect on the economy. Icahn laid out his case that the economy looks just like 2007; Mr. Fink didn't agree with him and laid out his case that Icahn is wrong about the economic. Both men gave their opinions of what higher interest rates will do to the economy and if the Fed will raise rates this year. Mr. Icahn called Blackrock dangerous because of the ETFs and the high yield markets. Both men are very informed and have far different views of the economy. Every investor should watch their back and forth because there is so much to learn from these titans of finance.


    Icahn vs Fink

      


  • Carl Icahn Reports Increased Stake in Gannett

    Carl Icahn (Trades, Portfolio) on June 29 received shares of Gannett Co. Inc. (NYSE:GCI) as part of the company’s split that he supported, according to Real Time Picks data.


    Icahn effectively has 7,483,683 shares of the new Gannett after the June 29 split, roughly a 6.51% stake. Shareholders received two shares of the new Gannett for every share they held of Gannett, which changed its name to Tegna Inc. (NYSE:TGNA).

      


  • One of Icahn's Favorite Stocks Seems to be Overvalued

    One well-known activist investor, Carl Icahn (Trades, Portfolio), further increased his position in Chesapeake Energy Corporation (NYSE:CHK) through Icahn Capital LP by 10% to $1.03 billion in the company's latest filing, with 73.05 million shares. Chesapeake is Icahn's eighth-largest holding in its $32.05 billion portfolio, and the stake represents 3.2% of Icahn´s portfolio, so we can conclude that the stock´s performance will affect its performance.


    Icahn remains bullish on the company as evidenced by his increased position in the company's shares, so let´s try to find the intrinsic value of the stock based on an absolute valuation model and see if we can have an upside potential in this stock.

      


  • Will Bill Ackman Go After Express Scripts Next?

    Bill Ackman (Trades, Portfolio) of Pershing Square, the second most well known activist investor only after Carl Icahn (Trades, Portfolio), just raised more money by issuing a billion worth of bonds. The NY Post reported that according to a source on an investor's call: Ackman plans to use the debt proceeds to help his $20 billion fund take on a big target. Ackman gets his fair share of headlines, and his targets usually quickly get bumped up a few notches. That makes it both fun and potentially profitable to speculate on his next target. With his fund getting bigger and bigger targets are becoming scarce which helps.


    To try and deduce what company Pershing Square will target, the first thing I did was set up a screen that excludes companies based on Ackman’s likely preferences. My screen excluded companies below $50 billion because he is going after a big target. It also excluded various industries like retail, energy and basic materials that I think he is unlikely to invest in right now based on his historic preferences and public comments he made. In addition I only included companies with a multiyear stable operating cash flow record and finally also excluded companies that analysts are extremely optimistic about because these are not logical targets for an activist. Finally, I expect Ackman will not invest outside the U.S. because of the additional legal issues and because of all the additional travel he and his team would need to do which could hurt the overall portfolio.

      


  • Market Valuations and Expected Returns – June 26, 2015

    The market was up more than 30% in 2013, the best year since the go-go years of 1990s. 2014 was another strong year for the market. The S&P 500 index was up more than 13%. Since the market recovery in 2009, the stock market has been up for 6 consecutive years. Yet in January 2015, the stock market benchmark S&P 500 lost 3.10%. In February, the market regained its strength by increasing 5.49%. Throughout March, the market went down by 1.74%. In April and May, the market was up by 0.85% and 1.05% separately.


    Bernard Baruch once said, “A market without bears would be like a nation without a free press. There would be no one to criticize and restrain the false optimism that always leads to disaster.”

      


  • Carl Icahn Sells Holding in Netflix

    Carl Icahn (Trades, Portfolio) of Icahn Enterprises (NASDAQ:IEP) did an interview with CNBC on Wednesday were he informed the world that he's no longer a shareholder of Netflix (NASDAQ:NFLX). His investment in Netflix is one of the best trades seen in a very long time. Icahn bought his stake in Netflix in 2013 when the company was selling for $54 per share, and over the last two years have returned 1,000% for Icahn. He discusses why he sold out and why he believes that Apple (NASDAQ:AAPL) is another Netflix. After discussing Netflix and Apple, Icahn went on to discuss why he believes that the market is overvalued and that we are in another bubble like the one that burst in 2008.


    Part One

      


  • Carl Icahn: It's Time To Be Concerned About The Market

    Carl Icahn (Trades, Portfolio) believes it is ridiculous to buy a high yield bond today when you can buy a top quality corporate bond for a yield that is only 2% lower. He says that buyers of high yield debt are taking on a large amount of risk for the slightly better return that they will get if everything goes well.

      


  • Top Micro-Cap Picks From the Gurus

    Much like small-cap stocks, micro caps (generally defined as capitalizations between $50-300 million) offer opportunities for very large growth, but also present significant risk and volatility.


    Over the last year, the Russell Microcap Index returned 11.19%, slightly underperforming the Russell 3000 return of 11.86%. When looking over a three-year period, the Microcap index returned 20.89% compared to Russell 3000’s 19.92%.

      


  • The Fed Needs To Start Raising Rates Immediately – Billionaire Investor Carl Icahn

    Carl Icahn (Trades, Portfolio) thinks that the Federal Reserve should already have started raising rates.


    He isn't anti-Fed as he believes that they saved the country in 2008.

      


  • Marc Faber Sees Colossal Systemic Risks In The Markets Today

    Carl Icahn (Trades, Portfolio) thinks that there is a bubble brewing in the financial markets.


    The reason for this is the unprecedented length of time that interest rates have been held down for.

      


  • 7 Quirky Dividend Stocks

    With bond yields in the gutter for these past six years, investors have grown accustomed to looking in… shall we say… “nonconventional” places for yield. Whether in odd corners of the stock market or in dodgy-looking private placements, anything offering a respectable current income is bound to get at least a little attention.


    It’s easy enough to understand why. The 10-year Treasury yields barely more than 2%, and traditionally high-yielding sectors like utilities and REITs yield less than 4%. Even “high-yield” junk bonds (and yes, you have to write “high-yield” in quotation marks these days) yield only 5.9%, and these come with the not-so-insignificant risk of default.

      


  • Larry Robbins keeps on buying Manitowoc Co Inc.

    After his latest buys of Q1 2015, Guru Larry Robbins (Trades, Portfolio) keeps on increasing his stake in Manitowoc Co Inc (MTW) even in June (Q2), according to GuruFocus real time picks.


    In March he bought the stock for the first time, and now he increased his stake by 11.61% at an average price of $19.3 reaching a total of 9,614,197 shares held. After this buy the Investor is still the second main holder of MTW after Carl Icahn (Trades, Portfolio) who owns 10,582,660 shares.

      


  • Carl Icahn Reflects On His Long Career Of Corporate Raiding

    In 1962 Carl Icahn (Trades, Portfolio) learned a critical lesson.


    The source of the lesson was him losing all of his money.

      


  • Carl Icahn: Part Of His Interview With Wall Street Week

    Carl Icahn did a two-part interview with Wall Street Week. and the second part is out. He discuss his early career on Wall Street, and the option brokerage firm that he started. Icahn also discuss losing all of his money and the lessons he learned from that massive loss. He talked about the casino mentality that runs through the market and how dangerous it is. It's a great interview and anyone wanting to know more about Icahn's early career should watch and also get the book "King Icahn: The Biography of a Renegade Capitalist." The book really tells you how Icahn started is activism and how he won his activist campaigns.


    Part 2

      


  • Apple, SunEdison and Biogen: Hellman, Jordan Management's Top 3 Stocks Outperform the Rise in the S&P 500 Index

    Hedge fund Hellman, Jordan Management Company, Inc disclosed an equity portfolio valued at some $548.6 million as of the end of the first quarter of 2015. The equity portfolio is mainly invested in Technology (32%), Consumer Discretionary (24%) and Health Care (17%) stocks. The fund’s last 13F filing showed that the fund raised its exposure towards consumer discretionary and tech stocks but reduced its holdings in the health care and industrials sector.


    In this article we will look into the top three picks held at the end of Q1. Among 10 largest holdings from Hellman, Jordan’s equity portfolio (which amass 37.07% of the total portfolio value), the three top are: Apple Inc. (NASDAQ:AAPL), SunEdison, Inc. (NYSE:SUNE) and Biogen Inc. (NASDAQ:BIIB).

      


  • Carl Icahn's Biggest Portfolio Changes

    Activist investor Carl Icahn (Trades, Portfolio) did not buy new stocks in the first quarter but made several other notable moves.


    The investor has spent much of his time in the public eye over the past several months vying for change at Apple Inc. (NASDAQ:AAPL), a stock that eats 20.48% of his portfolio as his second largest holding. On April 28 he proclaimed the company “still undervalued and misunderstood” on Twitter. He then projected 40% earnings growth for the year and a worth of $240 on its shares, in an open letter dated May 18.

      


  • Should You Invest Like Carl Icahn?

    Brian Rosenblatt of Rosenblatt Securities and Mark Hale of Hale Capital Management were both at CNBC where they debated the pros and cons of investing like Carl Icahn (Trades, Portfolio).


      


  • Apple Wins The Age-Old Legal Bout Against Samsung In The U.S.

    The balance in the high profile smartphone proprietorship litigation case between Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co. Ltd. (SSNLF) tilted in the former’s favor with the Washington, D.C., Federal Appeals court, the specialized U.S. establishment for reviewing patent appeals, upholding a majority of the 2012 federal ruling that awarded Apple $930 million in damages. Samsung’s appeal against the excessive monetary fine for using the "basic" design of rectangular with rounded corners flat and touch screen phone and asked for reduction by $382 million was accepted in principle by the court and up to 40% of the unprecedented damage will now be reconsidered.


    In spite of losing its claim of "trade dress," the visual shape of iPhone, Apple is feeling vindicated and calls the highly anticipated ruling that established violations of many patent inventions of Apple IPhone by Samsung and its incorporation in a series of Samsung smartphones to boost sales, a victory for its intellectual property against the shameless copying of its innovative, simple, easy to use and elegant designs that were protected by patents. Following the decisive turn of events, representatives of Samsung chose not to comment on the guilty charges but welcomed the part of ruling favoring them and said they will continue to protect their own designs and patents.

      


  • Activist Investing Guru Carl Icahn – Apple Is A No-Brainer

    Carl Icahn (Trades, Portfolio) believes that Apple (NASDAQ:AAPL) shares are worth $240 a piece, a healthy premium to the current share price.


    He considers the company to be a "no-brainer" at this point:

      


  • Hertz To Improve Rental Prices To Boost Bottom Line

    As if the raise in airfares wasn’t giving tough times to consumers, the announcement by Hertz Global Holdings Inc. to increase car rental rates has come as a blow though its good news for the investors of the company. An important thing noted here is the clashing of the price hike by Hertz with the recent announcement of Carl Icahn (Trades, Portfolio)’s $100 million investment in the car sharing company Lyft Inc.


    Florida based American car rental company Hertz Global Holdings Inc. (NYSE:HTZ) shared its decision to raise car rental prices at U.S. airports by $5 a day and $20 a week. Outside the airport, the prices are set to go up by $3 a day and $10 a week. Hertz doesn’t seem to be affected by the recent announcement of investment by Carl Icahn (Trades, Portfolio) in car sharing company Lyft, which might prove as a tough competition for the company. Shares of the company rose 5.3% to close at $20.60.

      


  • Carl Icahn Thinks Apple Is Worth $1 Trillion

    Carl Icahn (Trades, Portfolio)'s Letter to Tim Cook


    Key Assumptions

      


  • In An Open Letter To CEO Tim Cook, Investor Carl Icahn Details His $240 Per Share Value Estimate For Apple

    Dear Tim:


    We again applaud you and the rest of management for Apple’s (NASDAQ:AAPL) impressive operational performance and growth. It is truly impressive that, despite severe foreign exchange headwinds and massive growth in investment (in both R&D and SG&A), the company will still grow earnings by 40% this year, according to our forecast. After reflecting upon Apple’s tremendous success, we now believe Apple shares are worth $240 today. Apple is poised to enter and, in our view, dominate two new categories (the television next year and the automobile by 2020) with a combined addressable market of $2.2 trillion, a view investors don’t appear to factor into their valuation at all. We believe this may lead to a de facto short squeeze, as underweight actively managed mutual funds and hedge funds correct their misguided positions. To arrive at the value of $240 per share, we forecast FY2016 EPS of $12.00 (excluding net interest income), apply a P/E multiple of 18x, and then add $24.44 of net cash per share. Considering our forecast for 30% EPS growth in FY 2017 and our belief Apple will soon enter two new markets (Television and the Automobile) with a combined addressable market size of $2.2 trillion, we think a multiple of 18x is a very conservative premium to that of the overall market. Considering the massive scope of its growth opportunities and track record of dominating new categories, we actually think 18x will ultimately prove to be too conservative, especially since we view the market in general as having much lower growth prospects.

      


  • Buy Manitowoc Cheaper Than Carl Icahn Did

    The Manitowoc Company (NYSE:MTW) is one of the recent activist target of legendary hedge fund manager Carl Icahn (Trades, Portfolio). Icahn initiated a position in the stock in Q4 2014 by buying 4,492,631 shares at an average price of $20.03. He added 6,090,029 more shares to his portfolio at an average price of $20.69 in Q1 2015. The following chart shows his holding history in the company.



      



  • Manitowoc: Buy Into The Weakness

    Manitowoc Company (NYSE:MTW) recently reported weak 1QFY2015 results, with issues like reduced CapEx spending by large restaurant chains and underperformance of KitchenCare business hurting the company's Foodservice equipment business. Management also lowered its guidance for Foodservice equipment business. The company is now expecting flat year-over-year revenues versus earlier expecations of mid single digit revenue growth. However, I believe investors should look beyond the current weakness and buy the company's shares as Manitowoc remains on track to separate its Cranes and Foodservice businesses which will act as a catalyst for the stock.


    In a recent report, Credit Suisse analysts maintained their outperform rating on the stock. Commenting on the results they said,

      


  • Carl Icahn: New Interview

    Legendary Activist investor Carl Ichan of Icahn Enterrpises (IEP) did a new interview with Wall Street Week. During the 28 min. interview Icahn talked about his investments, his childhood, how he is hedging for a market correction and his activist investing. During the interview he also talked about Apple (NASDAQ:AAPL) and President Obama. The interview is very do and the best part is when Carl Icahn (Trades, Portfolio) talks about how he its hedging the market.

      


  • Activist Investing Legend Carl Icahn Reveals How He Is Hedging Stock Market Exposure Today

    For sheer entertainment value, there aren't many billionaire investors more interesting to follow than the original corporate raider Carl Icahn (Trades, Portfolio).


    In the video below, Icahn reflects on his childhood, his start to investing, and how he is hedging stock market exposure today.

      


  • 7 High-Conviction Stock Picks Held By The Masters of the Universe

    People love heroes. We instinctively look up to professional athletes, rock stars, and — against our better judgment — even politicians at times.


    The world of investments is no different. We mortals fawn over billionaire hedge fund managers as if they truly were the masters of the universe. Frankly, given the returns that some of these gentlemen generate, I’m not so sure they don’t deserve it.

      


  • Analyzing Joel Greenblatt's Holdings

    Joel Greenblatt (Trades, Portfolio) is founder and managing partner of Gotham Asset Management, LLC. He is known for the invention of Magic Formula Investing. He is the author of two investment books, including Joel Greenblatt: The Little Book that Beats the Marketir?t=gurufocuscom-20&l=ur2&o=1. He is also an adjunct professor with Columbia Business School.


    Greenblatt tries to find cheap and good companies. He looks for value with a catalyst. Greenblatt likes special situations and thinks that they are simply different places to find cheap stocks. In his own hedge fund, Greenblatt uses the basic principles in the Magic Formula: Look for high ROC and high earnings yield. He tries to figure out what "normalized earnings" will be 3-4 years into the future. Greenblatt makes sure the stock is very cheap based on normalized earnings. According to the latest disclosure, he was holding 1,797,124 shares of The Manitowoc Company, Inc. (MTW).

      


  • Thoughts on Portfolio Concentration And Position Weightings

    Recently, fellow GuruFocus contributor Canadian Value posted the transcript from Stanley Druckenmiller’s speech to the Lost Tree Club from earlier in the year (link).


    Let’s start with why you should care what he has to say: According to Sam Reeves, who introduced the speaker, Mr. Druckenmiller generated after tax returns for his shareholders of nearly 21% per annum over his 30 years managing outside funds (through 2010); at that rate, each $1,000 managed by Mr. Druckenmiller at Duquesne Capital was worth roughly $300,000 three decades later (fees aren’t mentioned in the transcript). And for the kicker, Mr. Druckenmiller never reported a down year over that period.

      


  • Exxon Mobil, Apple and Wells Fargo Are CrestPoint Capital Management’s Top Q1 Holdings

    CrestPoint Capital Management is a professional money management firm that specializes in the management of common stock portfolios. It disclosed an equity portfolio valued at around $192.36 million as of March 2015, representing a 4.4% increase from the previous quarter. The equity portfolio is mainly invested in Technology (17%), Finance (16%), and Consumer Discretionary (14%) stocks.


    The three largest holdings are represented by large-cap companies. These companies are Exxon Mobil Corporation (NYSE:XOM), Apple Inc. (AAPL) and Wells Fargo & Company (NYSE:WFC).

      


  • Risk and Reward in Carl Icahn's Bargain Stock Transocean

    I like Carl Icahn (Trades, Portfolio). I like him more than Warren Buffett even, because I don’t think he’s trying hard to impress you. And, let’s face it, he’s been an investor his whole life with no underlying profit generator to fall back on. Every decision he makes is binary - win or lose - and he’s been on the right side most of the time. That’s why he's worth $22 billion.


    A bargain stock that Carl has been interested in for a while is Transocean (NYSE:RIG).

      


  • Time To Call In The Shorts On Lumber Liquidators

    Here’s an interesting company that some consider the Walmart of flooring, selling really low quality (and cheap) hardwood floors. The company has a network of around 318 Lumber Liquidators stores located throughout the United States and Canada.


      


  • A Look at Which Stocks Carl Icahn Continues to Buy

    Carl Icahn (Trades, Portfolio) made a name for himself as the vulture capitalist in the 1980's because he took positions in public corporations and demanded an initial makeover in management and corporate leadership.


    Now, he is known as a shareholder activist and is known for causing shareholder prices to increase when he begins to purchase shares of a company. This has been dubbed the "Icahn lift."

      


  • What to Expect From Apple's Dividend Hike?

    A recent article published by CNBC discussed the excess cash Apple Inc. (NASDAQ:AAPL) has in the balance sheet and predicted the next dividend hike.


    Several opinions

      


  • Carl Icahn Increases Two of His Largest Stakes

    In the closing days of March, guru Carl Icahn (Trades, Portfolio) shored up two of his largest stakes. One, in fact – Federal-Mogul Holdings Corp (NASDAQ:FDML) – is the largest in his portfolio.


    On March 26, Icahn purchased more than 17 million shares of Federal-Mogul Holdings, a Michigan-based manufacturer and supplier of powertrain (the components that generate power) elements and safety products for vehicles, for an average price of $12.88 per share.

      


  • Insiders New Buys: CHK and COCP

    The All-In-One Guru Screener,can be used to find the most insider buys over the past week by clicking on the Insiders tab and changing the settings for All Insider Buying to "1,000,000+ shares at $5,000,000" and Duration to "over the past 14 days."


    Over the last 7 days, the most bought companies are Chesapeake Energy Corp (CHK) and Cocrystal Pharma Inc (COCP).

      


  • Carl Icahn Increases Stake in a Small Cap Which Has Experienced a Steep Decline in EPS

    Undoubtedly Carl Icahn is one of the best investors in the world and one of my favorite hedge fund gurus. He founded Icahn Capital LP, which had $31.89 billion under management at Dec. 31, 2014. The investor reported increasing his stake in Federal-Mogul Holdings Corporation (NASDAQ:FDML), a $2.01 billion market cap, according to GuruFocus Real Time Picks.


    Icahn's move

      


  • Carl Icahn Increases Stake in One of the Worst Year-to-Date Performers of the S&P 500

    Undoubtedly Carl Icahn (Trades, Portfolio) is one of the best investors in the world. He founded Icahn Capital LP, which had $31.89 billion under management at Dec. 31, 2014. The investor reported increasing his stake in Chesapeake Energy Corporation (NYSE:CHK), a $9.33 billion market cap, according to GuruFocus Real Time Picks.


    The filing

      


  • Carl Icahn Increases Stake in Struggling Chesapeake Energy Corp.

    Carl Icahn, billionaire activist investor, increased his stake in Chesapeake Energy Corp. (CHK) for the first time in two years. The natural gas and oil company has been struggling due to falling oil prices, and many investors have turned bearish on the stock.


    On March 11, Icahn purchased 6.6 million shares of CHK for $14.15 between High River LP, Icahn Partners LP and Icahn Partners Master Fund LP. This transaction increases Icahn’s stake in the energy company from just shy of 10% to 11%. He is the second-largest shareholder with 73.1 million shares behind Southeastern Asset Management Inc. with 76 million shares. The transactions were filed with SEC on March 23.

      


  • Should You follow Carl Icahn and Larry Robbins and Buy Manitowoc?

    Larry Robbins (Trades, Portfolio) of Glenview Capital Management has recently initiated a long position in Manitowoc (NYSE:MTW) by buying over 8.6 mn shares of the company. Last quarter, another noted investor Carl Icahn (Trades, Portfolio) bought Manitowoc's shares with intention to force management to spin-off the company's Food Service equipment business. Icahn also added more shares to his position in January and currently holds 10,582,660 shares of Manitowoc.


    The Manitowoc Company, Inc. is a multi-industry, capital goods manufacturer operating in two principal markets: Cranes and Related Products (Crane) and Foodservice Equipment (Foodservice). The company's Crane segment is recognized as one of the world’s leading providers of engineered lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes and boom trucks. It accounts for ~62% of the company's top line. Manitowoc's Foodservice segment is one of the world’s leading innovators and manufacturers of commercial food-service equipment serving the ice, beverage, refrigeration, food-preparation, holding and cooking needs of restaurants, convenience stores, hotels, healthcare and institutional applications. It accounts for ~38% of the company's revenues.

      


  • Bill Ackman: Carl Icahn Is Stuck with Herbalife

    Pershing Capital Management Founder and CEO Bill Ackman (Trades, Portfolio) spoke with FOX Business Network’s (FBN) Deirdre Bolton regarding the recent report that federal prosecutors and the Federal Bureau of Investigation (FBI) are probing potential market manipulation of Herbalife. On whether Herbalife can clean up their act, Ackman said, “there is no future for Herbalife as a legal company,” and, “I have a lot of confidence in the Department of Justice.” Ackman goes on to say, “we are totally open to full and fair look into details,” and that the senior management at Herbalife “knows they are running a pyramid scheme.” On Carl Icahn (Trades, Portfolio)’s relationship with Herbalife Ackman said, “I think Carl Icahn (Trades, Portfolio) at this point is actually stuck,” and, “If Carl wanted to sell the shares he’d have to get off the board.” On the direction of the investigation Ackman said, “I don’t think we will be here two years from now,” and, “either the business will have imploded or the government will have shut it down.” In regards to the average retailer Ackman said, “I get an enormous number of thank you notes, emails from your average retail investor who have followed us.”

    Video Links:   


  • A Look at Carl Icahn's Investment in Navistar

    Billionaire investor Carl Icahn (Trades, Portfolio) is known for his activist campaigns. Navistar (NYSE:NAV) is one of his activist targets. He started building a position in the company in late 2011 and has been slowly increasing his stake. Last quarter, he purchased 1.94 million shares of the company. He currently holds 16.27 million shares of Navistar. Here's a look at the company's business in detail.


    Business Overview

      


  • Navistar Might Be Worth Watching For Investors

    There are some fairly pervasive concerns for investors in 2015. China has been slowing so the effects and extent of government stimulus are being scrutinized. There is also difficulty in Europe, which has recently launched its own version of quantitative easing. Further, the United States dollar has been rapidly strengthening against virtually all other currencies making the products of the biggest companies more expensive to their consumers. With all these things in mind, success could potentially be found in a corporation with little exposure to the specified issues.


    Meanwhile, the domestic economy is doing well by several measures. We have improving employment data and a net benefit from lower fuel prices. A widely quoted survey from the National Association of Business Economics forecasts 3.1% economic expansion in 2015, literally powering the rest of the world. Also, while there has been an ongoing expectation of an interest rate hike from the Federal Reserve, any such action appears to have been delayed. Hence there is reason to believe that some cyclical businesses are poised to do well.

      


  • A Look at Carl Icahn's investment in Manitowoc

    Billionaire investor Carl Icahn (Trades, Portfolio) is known for his activist campaigns. Last quarter, he bought Manitowoc's (NYSE:MTW) shares with intention to force management to spin-off the company's Food Service equipment business. He also added more shares to his position in January and currently holds 10,582,660 shares of Manitowoc. The company recently agreed to his demand to split the company. Here's a look at the company's business in detail.


    Business overview

      


  • Carl Icahn Raises Stakes in HTZ, IEP and New Buy MTW

    Carl Icahn (Trades, Portfolio) of Icahn Capital Management LP recently increased his stakes in three positions, while also adding a new position to his portfolio of 27 stocks, valued at $31.89 billion and a quarter over quarter turnover rate of 2%.


    Here's a look at his latest additions:

      


  • Herbalife's Faceoff Against Financial Market Coup

    Globally known MLM based healthcare product maker Herbalife (NYSE:HLF) has some major players in finance betting against the company due to its controversial practices. Ever since the US dollar had been gaining in strength since November 2014 versus other major currencies, and also the news of pending probes against the company coming to light, the stock seems to be going downhill. After Herbalife had posted its below-expected earning of Q3 2014, analysts like Timothy Ramey of Pivotal Research Group, has come down heavily to cut down on estimates of the stock price, from $110 to $75. The EPS estimates have been cropped as well, going from $1.34 to $1.22, alongside the 2015 full-year estimates, going down from $5.50 to $5.00. The net income from Q3 2014 went down by as much as 92%, owing to the pre-tax charges it faces from the reassessment of audit of assets and liabilities in the Venezuelan Bolivar. In short, there are problems all around.


      


  • A Publicly Traded Unicorn Maker: Spectral Capital Corp (OTCMKTS:FCCN)

    A "unicorn" in venture capital parlance is a $1 billion company, and a publicly-traded incubator that hopes to grow the next unicorn is Spectral Capital Corp (OTCMKTS:FCCN). Spectral Capital is a startup incubator that invests in fast-growth technology companies, similar to famous venture capital firms like Andreessen Horowitz, Sequoia, Venrock, Accel and Greylock. Spectral Capital invests in founders and helps them rapidly test, deploy and refine their services while "incubating" under its care. Incubators provide capital and services to their incubating companies, often handling recruitment, technology, accounting and legal to jump-start their growth. Because shares of Spectral Capital are public (stock symbol "FCCN"), anyone is able to buy a portion of this incubator and benefit from its performance.


    Unicorns often achieve a $1 billion valuation within one year, e.g. Instagram, Uber, Slack and Twitch. Indeed, almost all modern unicorns are therefore born as private – not public – companies. This is a major change since the days of Google (NASDAQ:GOOG), Amazon (NASDAQ:AMZN) and AOL (NYSE:AOL) – all of which became unicorns after going public.

      


  • Carl Icahn Comments on Apple, Sees Its Market Cap North of $1 Trillion

    On February 11, 2015 legendary investor Carl Icahn released a letter to his twitter followers discussing Apple, Inc.'s (AAPL) prospects. Apple is one of the biggest postitions in Carl Icahn (Trades, Portfolio)'s portfolio and Icahn has been a vocal activist shareholder of the company in the recent years. In yesterday's letter, Icahn has argued that the company's stock price could gain 84% from the current levels. His adjusted EPS forecast for FY2015 is $9.70. Since Apple is growing at a faster rate than S&P 500, he believes Apple should get higher P/E multiple than the broader markets. S&P 500 is trading at a P/E of 17x. According to Icahn, if one gives Apple's core business a P/E of 20x and adds back $22 cash per share, he/she will get a target price of $216 per share.


    Carl Icahn's detailed forecast for Apple's earnings can found here and here. Below is his complete letter (Source: Shareholder's square table).

      


  • Carl Icahn Writes Letter To His Twitter Followers Concerning Apple

    Dear Twitter Inc (NYSE:TWTR) Followers:


    We were pleased to hear Tim Cook yesterday state publicly: “By and large, my view is, for cash that we don’t need – with some level of buffer – we want to give it back [to shareholders]. It may come across that we are, but we’re not hoarders.” This position with respect to excess cash is great news for shareholders, and we look forward to the capital return program update in April, anticipating it will include a large increase to share repurchases.

      


  • Icahn's Letter on His Agreement With Manitowoc

    Carl Icahn (Trades, Portfolio) of Icahn Enterprises (NASDAQ:IEP) has released an letter today that goes into detail about his agreement with Manitowoc and what they agreed to.


    Carl Icahn (Trades, Portfolio) Letter About Manitowc Agreement

      


  • Carl Icahn Pens A Letter Discussing His Settlement With The Manitowok Company

    New York, New York, February 9, 2015 – Today Carl Icahn released the following statement regarding The Manitowoc Company, Inc. ("Manitowoc"):


    Over the past month, we have had a number of meetings with representatives of Manitowoc (NYSE:MTW) in which we have explained the merits of separating the company into two independent publicly traded companies. We have discussed at length our belief that having disparate, unrelated businesses trapped in a single company reduces value by, among other things, limiting the ability of those businesses to (A) attract top management, (B) engage in mergers and acquisitions and (C) be acquired themselves. We gave Manitowoc a myriad of examples where our involvement in separating such businesses resulted in a tremendous increase in shareholder value, such as the separation of Motorola into Motorola Mobility and Motorola Solutions (NYSE:MSI). We have also spent significant time with Manitowoc's representatives discussing the importance of shareholder friendly corporate governance provisions, including having annual elections of directors.

      


  • Apple Should Do A Bigger Buyback

    Carl Icahn (Trades, Portfolio) of Icahn Enterprises (NASDAQ:IEP) and his son Bret Icahn appeared on CNBC to discuss Apple (NASDAQ:AAPL). Carl Icahn (Trades, Portfolio) made its clear that he is pleased with Apple and thinks that Tim Cook is doing a great job. During the interview Carl Icahn (Trades, Portfolio) said a short squeeze is now occurring in Apple and a bigger buyback should be done. He's pleased with Apple quarter, and he will revise guidance. Bret Icahn and his portfolio management partner David Schechter of Sargon Portfolio provide their perspective on Apple. David Schechter said that Apple strong quarter results has caused him to revise his model an that Apple to sell for higher valuation.


    Part 1

      


  • Ebay and Icahn New Standstill Agreement

    Since Carl Icahn (Trades, Portfolio) took a stake in Ebay (NASDAQ:EBAY) his has been pressing the firm to spin-off paypal, change in the board room, and even a sale of the whole company. Icahn went after board members mainly Marc Andreessen who firm made massive profits from buying skpe from Ebay for $2.75 billion and selling its to Microsoft (NASDAQ:MSFT) for over $8.0 billion. This back an forth between Icahn and Andreessen lead to Him and two other board members stepping down. Even after Ebay said it wont spin-off paypal over and over. When on to announce a spin-off after Apple (NASDAQ:AAPL) announced Applepay. Ebay and Icahn throughout 2014 had two agreements between them that fell apart multiple times. Now a new standstill agreement has been announced with Icahn getting to board seats.


    Details of Ebay's and Icahn's Standstill Agreement

      


  • Carl Icahn Letter On His Standstill Agreement With Ebay

    Carl Icahn (Trades, Portfolio) Letter From Shareholder RoundTable


    “A GREAT STEP FORWARD FOR EBAY, FOR PAYPAL

      


  • Carl Icahn Ups Stake in Manitowoc Co

    Carl Icahn (Trades, Portfolio) reported Friday that he purchased more shares of a crane and foodservice company in which he began investing in December and which he planned to push for separating into two entities.


    Icahn added 50,000 shares to his holding of Manitowoc Co. (NYSE:MTW), for a total stake comprising 10,582,660 shares, or 7.81% of the company’s outstanding shares.

      


  • Manitowoc Company: Carl Icahn's Next Target

    Manitowoc Company (MTW) has become Carl Icahn (Trades,Portfolio)'s next activist target, announcing on December 29, 2014, that he had taken a 7.77% stake in the company. Carl Icahn (Trades, Portfolio) said in his SEC filing that he believed that the firm is undervalued. He went on to say that Manitowoc should separate its two division into two separate companies to unlock value. He isn't the only activist investor to get involved. Relational Investors LLC has also disclosed an 8.52% stake in the firm and is seeking to separate the foodservice business into a separate company. With the company underperforming its peers and the market as a whole, it isn't shocking to see activist investors getting involved. Manitowoc has been operating its food service and crane divisions for over 70 years each. The last few years Manitowoc crane division has been underperforming an dragging down the company has a whole.


    Manitowoc history

      


  • Carl Icahn Buys Stake in Manitowoc Inc., Pushes for Breakup

    Carl Icahn (Trades, Portfolio) spent the weeks before Christmas revving up for his latest activist play, buying millions of shares and call options for Manitowoc Co. Inc. (NYSE:MTW). The investor, who tells his Twitter followers he makes money “studying natural stupidity,” acquired 10,532,660 shares in aggregate, or 7.77% of the company, according to GuruFocus Real Time Picks.


    Icahn believed the shares were undervalued, he said in the SEC filing reporting the event. His price paid per share ranged from $16.83 to $19.30. The company’s shares surged 8.94%, or $1.87 per share, on Monday as news of Icahn’s stake surfaced. They closed at $22.79 each on Monday.

      


  • Donald Trump Sold all his Stock...Should We?

    When David Rubenstein, Philanthropist Co-Founder and Co-CEO of the The Carlyle Group, one of the most successful private equity firms in the world interviews Donald Trump, the most successful celebrity real estate developer, entrepreneur, and golf promoter, we should pay attention.


    Hosted at the Economic Club of Washington D.C. December 15, 2014, Trump spoke about running for president, utilizing bankruptcy as a business tool, and the economy. He provided candid advice on business including comments on selling his entire stock holdings. Based on GuruFocus'sStock Market "Significantly Overvalued" calculation, Trump's selling might be appropriate.

      


  • Carl Icahn Sees Opportunities in the Oil Sector

    Being stubborn turned Carl Icahn (Trades, Portfolio) into a man worth $23 billion.


    First, he finds something he’s certain of. Right now, he says that’s the near-doubling of Apple Inc.’s (AAPL) stock price.

      


  • 2013’s Guru of the Year – Carl Icahn’s Top 5 Stocks

    GuruFocus’ Guru of the Year for 2013 reported his first quarter portfolio holdings this week which highlighted 21 stocks valued at over $33.634 billion. This is quite a bit lower from the company’s second quarter stocks which were valued at $38.53 billion. Over the past quarter the guru bought into one new company, Hertz Global Holding (HTZ) and reduced his holdings in only one – Netflix (NFLX).


    The following five companies are Icahn’s top portfolio holdings as of the close of the third quarter.

      


  • Carl Icahn Calls for Correction; On High Yield bond, Apple (AAPL) buy backs.

    Carl Icahn (Trades, Portfolio) on High Yield bond, Apple (NASDAQ:AAPL) buy backs.  


  • Not all MLPs beholden to oil prices

    Behind the Numbers–one of my favorite research services–had some interesting comments on the MLP sector in today’s Thursday Thoughts.


      


  • The Broken-Leg Problem: Q&A with Abnormal Returns’ Tadas Viskanta about Deep Value

    Earlier this week I did a Q&A withAbnormal Returns’ Tadas Viskanta about Deep Value. Tadas sees more finance and investing content than anyone else, so it’s always interesting to see what he takes away from a topic:


      


  • Outspoken Guru Carl Icahn Is 'Driven to Excel'


    “I have to look out for the shareholder’s interests, and I’m the largest shareholder.” – Carl Icahn (Trades, Portfolio)

      


  • Carl Icahn Is Quite "Concerned" That Something Is Going To Happen To The Stock Market

    Icahn was busy yesterday also sitting down with CNBC. Some of his observations include:


    - Apple is a no-brainer at current prices

      


  • 36 Minutes With Activist Investing Legend Carl Icahn

    Icahn is long the stock market but is concerned that it is the environment being created by the Fed is the only thing holding prices up. Therefore he also has a big hedge on.


    Where he unquestionably thinks there is a bubble is in high yield.

      


  • Buybacks: The Rationale and the Evidence

    This behavior turns the stomachs of value investors, but it’s par for the course for most managers. The Henry Singletons are few and far between. No manager focused on intrinsic value could behave this way.


    These are sins of commission. Less visible, but equally impoverishing, are sins of omission: When undervalued, overcapitalized companies fail to grab a rare opportunity to buy back stock at a wide discount from intrinsic value. Where such unexploited opportunities exist, activists are incentivised to establish a position in the company and agitate to have management undertake a buyback. In Deep Value: Why Activist Investors and Other Contrarians Battle for Control of Losing Corporations (Wiley Finance, 2014), I examined one such example of an undervalued, overcapitalized company that failed to take its opportunity until two activists stepped up the pressure, and the outstanding returns that followed.

      


  • Derek Jeter Retires This Week, But These Five Investing Legends Are Going Strong

    On Thursday, September 25, Derek Jeter will take the field at Yankee Stadium for the last time. A winner of five World Series and selected to the All-Star team fourteen times, he will be remembered as one of the greatest players of his generation and an all-around class act.


    Yankees fans are queuing up to say their goodbyes to the Captain, and there is a mini-bubble forming in ticket prices for the game. As of Tuesday, the average price of a ticket for the game had risen 30% over the preceding week to $845.41.

      


  • The Bottom Line by Carl Icahn

    The Bottom Line



    August 22, 2014
      


  • Book Review: Deep Value

    I really enjoyed Toby Carlisle's latest, Deep Value. There are a lot of books that offer compelling stories, but to my mind the plural of anecdote is not statistic. On the other hand, books heavy on the stats tend to bore their readers to sleep. For me, Deep Value was the perfect blend of real-life investing stories combined with the stats necessary to make for a convincing argument.


    Most chapters focus on a protagonist who is on a quest for better returns. You may recognize some of them, including Carl Icahn (Trades, Portfolio) and Warren Buffett (Trades, Portfolio), but you may not others (or at least I didn't), including Ron Brierley. In this way, the book reminded me a lot of (the heavily-recommended by Bill Gates (Trades, Portfolio) and Warren Buffett (Trades, Portfolio)) Business Adventures, but with a focus on investor activism rather than general business.

    But unlike a lot of books I have read, the story-telling does not complete the tale. Carlisle examines the factors that lead to success in activism, thus giving passive investors the opportunity to predict (statistically) which stocks are most likely to attract an activist. At this point, the book reminded me of Carlisle's previous book,Quantitative Value, which I also highly recommend.

      


  • At 78 Years Old, Carl Icahn Shows No Sign Of Slowing Down

    Carl Icahn (Trades, Portfolio) Chairman of Icahn Enterprices (NASDAQ:IEP) has bee on a roll as of late when it comes to his activist campaigns. He coming off his recent successful campaign to get Family Dollar (NYSE:FDO) management to put the company up for sale.He recently sold his stake for a $200 million profit. Now he has set his sights onto Hertz (NYSE:HTZ) and Gannett Co. Inc (NYSE:GCI) where he quickly got involved with Hertz and still hasn't said what he wants or why he has taken a stake in Gannett. It is clear that, at 78, Carl Icahn (Trades, Portfolio) isn't slowing down his campaign against bad corporate governance or his public relations campaign for reforms in corporate governance.


    Gannett Co. Inc. (NYSE:GCI)

      


  • Guru Held Stocks Near 52-Week Lows

    As the market reaches new highs, I searched for stocks that have yet to participate in this year’s gains. Below are some of the most widely held stocks by the investing gurus that are trading near their 52-week lows.


    CA Inc (CA) closed at $28.65 on 9/2/2014, near its 52-week low of $27.84. The stock is down 20.89 percent from its 52-week high of $36.22 on 1/22/2014. CA is one of the world’s largest providers of information technology (IT) management software and solutions. The majority of the Global Fortune 500 relies on CA to help manage their IT environments. The company’s earnings were flat in fiscal year 2014 but are expected to increase by 19.3 percent in 2015. The dividend yield is a high 3.50 percent and should help provide some support for the price. The stock is held by 18 gurus we follow with James Barrow of Barrow, Hanley, Mewhinney & Strauss holding the largest position of 11.5 million shares, representing 2.59 percent of the shares outstanding.

      


  • TPCA: Assets for 35 Cents on the Dollar

    "Value investing is at its core the marriage of a contrarian streak and a calculator."~ Seth Klarman (Trades, Portfolio)


    Atlantic City is set to close another three casinos in a matter of days and the gaming business in the city is steadily dwindling. Raise your hand if you want to purchase a company whose largest property resides along “The Boardwalk.” My hand is not only up, it is vigorously waving because Tropicana Entertainment (TPCA) is currently selling at a large discount to its intrinsic value. Furthermore, its published book value is dramatically understanded--more on that later.

      


  • Carl Icahn Latest Pick

    In this article let's take a look at Carl Icahn (Trades, Portfolio), the well-recognized billionaire, who yesterday disclosed in a regulatory filing that he had accumulated a 8.48% stake in Hertz Global Holdings (NYSE:HTZ), a $13.56 billion market cap, which engages in both car and equipment rental businesses primarily in the U.S. and internationally.


    The filing

      


  • Carl Icahn Takes Stake in Hertz Calling Stock 'Undervalued'

    Carl Icahn (Trades, Portfolio) purchased 38.8 million shares, representing an 8.48% stake, of Hertz Global Holdings Inc. (NYSE:HTZ) throughout June, July and August, according to GuruFocus Real Time Picks.  


  • The Fact that Icahn is Long on Nuance Makes Me Feel Bullish

    In this article, let's take a look at Nuance Communications, Inc. (NASDAQ:NUAN), a $5.48 billion market cap company, which provides speech, imaging and keypad solutions for businesses, organizations and consumers worldwide.


    Acquisition strategy

      


  • Carl Icahn Bets on Hologic; Should You?

    In this article, let's take a look at Hologic Inc. (NASDAQ:HOLX), a $7.06 billion market cap company, which is a company that develops, manufactures and markets x-ray systems. It operates through four segments: Diagnostics, Breast Health, GYN Surgical and Skeletal Health.


    Two differences

      


  • Carl Icahn's Statement Concerning Dollar General’s Bid for Family Dollar

    August 18, 2014


    Rick Dreiling, CEO of Dollar General, made the following statement today during a conference call following his proposal to acquire Family Dollar.

      


  • Billionaire Carl Icahn Acquired 6.6 Percent of Gannett’s Shares

    According to Guru Focus Real Time Picks, on Aug. 4, activist investor Carl Icahn (Trades, Portfolio) bought shares of Gannett Co., Inc. (NYSE:GCI) at an average price of $34.32 and holds 14,967,373 shares, worth more than $500 million. The investor Icahn acquired about 6.6 percent of Gannett’s shares and options during the second quarter.


    So in this article, let's take a look at Gannett, a $7.8 billion market cap company, which is the largest newspaper publisher in the U.S. and operates as a media and marketing solutions company in the United States and internationally.

      


  • Guru of the Year – Carl Icahn’s Top Five Holdings

    GuruFocus’ Guru of the Year for 2013 reported his first quarter portfolio holdings this week which highlighted 19 stocks valued at over $38.53 billion. This is a notable jump up from the company’s first quarter stocks which were valued at $32.3 billion. Over the past quarter the guru bought into one new company, Gannett Co (NYSE:GCI) and sold out of Forest Laboratories (NYSE:FRX).

    The following five companies are Icahn’s top portfolio holdings as of the close of the second quarter.

    Icahn Enterprises (IEP)

    Icahn’s largest position is in Icahn Enterprises where he holds a massive 105,842,442 shares of the stock. His position takes up 27.4% of his total portfolio and 89.33% of the company’s shares outstanding.

      


  • Carl Icahn Buys Gannett Co, eBay, Sells Forest Laboratories, Netflix, Family Dollar, Holds Herbalife

    Carl Icahn (Trades, Portfolio) Buys Gannett Co, eBay, Sells Forest Laboratories, Netflix, Family Dollar

    Legendary activist investor Carl Icahn (Trades, Portfolio) reported his latest portfolio. He buys Gannett Co Inc, Icahn Enterprises LP, eBay Inc, sells Forest Laboratories Inc, Netflix Inc, Family Dollar Stores Inc, Family Dollar Stores Inc, CVR Refining LP during the 3-months ended 08/04/2014, according to the most recent filings of his investment company, Icahn Capital Management LP.  


  • Carl Icahn's Recipe For Activist Investing Success - IEP Presentation



  • Herbalife Insiders Buy $1.7 Million In Company Stock

    On Thursday, July 31, the CFO, COO, and President of Herbalife bought a total of $1.7 million worth of their company’s stock to affirm their confidence in its business model. The purchases were detected on the Insiders page of GuruFocus.


      


  • Carl Icahn and Nelson Peltz Became More Millionaires

    In this article let's take a look at the much anticipated merger between Family Dollar (NYSE:FDO) and Dollar Tree (NASDAQ:DLTR) that was announced yesterdar morning.


    The Deal

      


  • Carl Icahn Reduces Stake in CVR Refining He Increased in June

    Carl Icahn (Trades, Portfolio) sold 975,000 shares of CVR Refining LP (NYSE:CVRR) on July 24, according to Real Time Picks. He had just increased the position by 1,638% to 104,290,764 shares on June 30.  


  • Giant Hedge Fund Managers: Bill Ackman Against Carl Icahn

    Giant Hedge Fund Managers: Bill Ackman (Trades, Portfolio) Against Carl Icahn (Trades, Portfolio)


    In this article, let´s see the battle between two of the world’s major hedge fund managers Bill Ackman (Trades, Portfolio) and Carl Icahn (Trades, Portfolio).

      


  • Guru Held Stocks Trading At Deep Discounts To Cash Flows

    Using the GuruFocus All-In-One Screener, I scanned for stocks that are trading for less than 80 percent of their discounted fee cash flow value (FCF). For confirmation, I selected the stocks that were held by at least five of the investing gurus we follow. While further refining the list, I rejected the stocks that had decreasing cash flow figures for the last quarter. I used the GuruFocus DCF Calculator to determine the rate at which FCF would have to grow in order to justify the current prices of the stocks. The calculator uses a default discount rate of 12 percent to determine the value.

      


  • Seventy Seven Energy's High Debt Load Makes It An "Avoid"

    Seventy Seven Energy was up yesterday in a down market with the news that Carl Icahn (Trades, Portfolio) has a 9.97 percent stake in the company. He merely received the shares as a spin-off and did not actively purchase the shares. Many spin-offs have had great performances over the years, so I wanted to see if Seventy Seven’s stock fit the characteristics of a successful spinoff.

    1405094258327.png  


  • Investing Gurus To Follow For The Next 30 Years

    At GuruFocus we follow many of the top investment managers around the globe. I like to follow the investing gurus that are in control of a publicly traded company that I can buy. The gurus I follow include Warren Buffett (Berkshire Hathaway, BRK.A), Carl Icahn (Icahn Enterprises, IEP) and Prem Watsa (Fairfax Financial, TSX:FFH, FRFHF). All of their stocks have performed well over the years. We can still make money with these gurus, but for how long? Warren Buffett (Trades, Portfolio) is 83 years old and Carl Icahn (Trades, Portfolio) is 78. Prem Watsa (Trades, Portfolio) is the youngest of the three mentioned at 64. There are some great investment gurus in their early 50’s such as Daniel Loeb (Third Point Re, TPRE) and Tom Gayner (Markel, MKL) that we can follow for years, but I wanted to see if I could find gurus that are at even earlier stages in their careers.


    Three gurus under the age of 50 that we can potentially follow for decades to come are David Einhorn (Greenlight Capital Re, GLRE), Warren Lichtenstein (Steel Partners Holdings, SPLP), and Sardar Biglari (Biglari Holdings, BH). Each one is the chairman of their publicly traded company and makes investments that have direct effects on the performance of those companies. Another person to keep an eye on is Steven Toy, the chairman of the investment committee at Wilbur Ross’ Company, WL Ross & Company.

      


  • These Losing Stocks Are Now Outperforming

    In search of underperforming value stocks that are on the rebound, I used the GuruFocus All-In-One Screener to search for the following criteria:




Add Notes, Comments

If you want to ask a question or report a bug, please create a support ticket.

User Comments

Bashe
ReplyBashe - 1 year 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
Icahn is known for acquiring large stakes in companies with the intent of changing their corporate strategies.http://bit.ly/19cSEv3
Tnguye48
ReplyTnguye48 - 1 year ago
Is APPLE missing in this portfolio?



Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK