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

gurufocus

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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.



For the details of Carl Icahn's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Carl+Icahn

This is the sector weightings of his portfolio:

Technology 39.6%
Health Care 37%
Oil & Gas 9.6%
Consumer Goods 5.8%
Consumer Services 4.1%
Basic Materials 1.1%
Industrials 1%
Utilities 0.8%


These are the top 5 holdings of Carl Icahn

  1. MOTOROLA SOLUTIONS INC. NEW (MSI) - 30,642,984 shares, 34.57% of the total portfolio. Shares added by 7.04%
  2. Biogen Idec Inc (BIIB) - 12,860,205 shares, 15.32% of the total portfolio.
  3. Genzyme Corp. (GENZ) - 10,480,000 shares, 13.26% of the total portfolio.
  4. CHESAPEAKE ENERGY CORP. (CHK) - 20,880,627 shares, 9.62% of the total portfolio. Shares added by 25.46%
  5. LIONS GATE ENTERTAINMENT (LGF) - 35,713,655 shares, 4.13% of the total portfolio.


Added: Chesapeake Energy Corp. (CHK)

Carl Icahn added to his holdings in Chesapeake Energy Corp. by 25.46%. His purchase prices were between $21.12 and $26.15, with an estimated average price of $22.82. The impact to his portfolio due to this purchase was 1.95%. His holdings were 20,880,627 shares as of 12/31/2010.

Chesapeake Energy Corp. is an independent oil and gas company engaged in the development, exploration, acquisition and production of onshore natural gas and oil reserves. Chesapeake Energy Corp. has a market cap of $20.62 billion; its shares were traded at around $31.53 with a P/E ratio of 10.4 and P/S ratio of 2.7. The dividend yield of Chesapeake Energy Corp. stocks is 0.9%. Chesapeake Energy Corp. had an annual average earning growth of 14.7% over the past 10 years. GuruFocus rated Chesapeake Energy Corp. the business predictability rank of 2-star.

Added: Enzon Inc. (ENZN)

Carl Icahn added to his holdings in Enzon Inc. by 67.7%. His purchase prices were between $10.5 and $12.5, with an estimated average price of $11.36. The impact to his portfolio due to this purchase was 0.41%. His holdings were 4,723,891 shares as of 12/31/2010.

Enzon Pharmaceuticals, Inc. is a biopharmaceutical company dedicated to the development and commercialization of therapeutics to treat patients with cancer and adjacent diseases. Enzon Inc. has a market cap of $651.3 million; its shares were traded at around $10.9 with and P/S ratio of 3.5.

Added: Amylin Pharmaceuticals Inc. (AMLN)

Carl Icahn added to his holdings in Amylin Pharmaceuticals Inc. by 10.87%. His purchase prices were between $11.03 and $21.74, with an estimated average price of $14.93. The impact to his portfolio due to this purchase was 0.37%. His holdings were 14,381,925 shares as of 12/31/2010.

Amylin Pharmaceuticals is a biopharmaceutical company committed to improving lives through the discovery, development and commercialization of innovative medicines. Amylin Pharmaceuticals Inc. has a market cap of $2.24 billion; its shares were traded at around $15.53 with and P/S ratio of 3.3.

Added: Commercial Metals Company (CMC)

Carl Icahn added to his holdings in Commercial Metals Company by 50.3%. His purchase prices were between $13.65 and $17.54, with an estimated average price of $15.31. The impact to his portfolio due to this purchase was 0.36%. His holdings were 3,692,984 shares as of 12/31/2010.

Commercial Metals Company has three segments - manufacturing, recycling, and marketing and trading. Commercial Metals Company has a market cap of $1.96 billion; its shares were traded at around $17.12 with and P/S ratio of 0.3. The dividend yield of Commercial Metals Company stocks is 2.8%.

New Purchase: Navistar International (NAV)

Carl Icahn initiated holdings in Navistar International. His purchase prices were between $42.8 and $59.48, with an estimated average price of $52.86. The impact to his portfolio due to this purchase was 0.01%. His holdings were 9,326 shares as of 12/31/2010.

Navistar International is a holding company and its principal operating subsidiary is Navistar Int'l Transportation Corp. Navistar International has a market cap of $4.72 billion; its shares were traded at around $65.56 with a P/E ratio of 21.5 and P/S ratio of 0.4. Navistar International had an annual average earning growth of 2.5% over the past 5 years.

Reduced: Cadence Design Systems Inc. (CDNS)

Carl Icahn reduced to his holdings in Cadence Design Systems Inc. by 87.58%. His sale prices were between $7.5 and $8.61, with an estimated average price of $8.15. The impact to his portfolio due to this sale was -0.35%. Carl Icahn still held 355,686 shares as of 12/31/2010.

Cadence Design Systems, Inc. provides comprehensive software and othertechnology and offers design and methodology services for the productdevelopment requirements of the world's electronics companies. Cadence Design Systems Inc. has a market cap of $2.7 billion; its shares were traded at around $10.11 with a P/E ratio of 22.5 and P/S ratio of 2.9.

About the author:

gurufocus
GuruFocus - Stock Picks and Market Insight of Gurus

Rating: 2.8/5 (6 votes)

Comments

karlwmiller1
Karlwmiller1 - 3 years ago
Chesapeake Energy (NYSE: CHK) the next Enron?:

The term "smoothing of earnings" by taking massive derivative and off balance sheet risk equates to major red flag. Is CHK betting farm on complex derivatives?

http://www.cnbc.com/id/41154326/

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