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.
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.
- New Purchases: CLX, AMGN, SUG,
- Added Positions: DYN, FRX, HAIN, LWSN,
- Reduced Positions: CHK,
- Sold Out: MAS, CDNS, NAV,
This is the sector weightings of his portfolio:
| Consumer Goods | 39.6% |
| Health Care | 23.5% |
| Technology | 5.8% |
| Consumer Services | 3.6% |
| Oil & Gas | 1.1% |
| Basic Materials | 1% |
| Utilities | 0.9% |
These are the top 5 holdings of Carl Icahn
- MOTOROLA SOLUTIONS INC. (MSI) - 30,633,789 shares, 21.96% of the total portfolio. Shares reduced by 0.03%
- Biogen Idec Inc (BIIB) - 12,860,205 shares, 15.14% of the total portfolio.
- CLOROX COMPANY (CLX) - 10,000,000 shares, 11.24% of the total portfolio. Shares added by 10000%
- MOTOROLA MOBILITY HOLDINGS INC. (MMI) - 26,804,565 shares, 10.49% of the total portfolio.
- LIONS GATE ENTERTAINMENT (LGF) - 35,713,655 shares, 3.58% of the total portfolio.
Carl Icahn added to his holdings in Dynegy Inc. by 50.35%. His purchase prices were between $5.44 and $6.29, with an estimated average price of $5.8. The impact to his portfolio due to this purchase was 0.44%. His holdings were 14,433,771 shares as of 03/31/2011.
Dynegy Inc. is a provider of energy products and services in North America, the United Kingdom and in continental Europe. Dynegy Inc. has a market cap of $701.8 million; its shares were traded at around $5.79 with and P/S ratio of 0.3.
Added: Forest Laboratories Inc. (FRX, Financial)
Carl Icahn added to his holdings in Forest Laboratories Inc. by 36.21%. His purchase prices were between $30.32 and $34.33, with an estimated average price of $32.16. The impact to his portfolio due to this purchase was 0.23%. His holdings were 1,652,372 shares as of 03/31/2011.
Forest Laboratories, Inc. and its subsidiaries develop, manufacture and sell both branded and generic forms of ethical drug products which require a physician's prescription, as well as non-prescription pharmaceuticalproducts sold over-the-counter. Forest Laboratories Inc. has a market cap of $9.86 billion; its shares were traded at around $34.45 with a P/E ratio of 7.8 and P/S ratio of 2.2. Forest Laboratories Inc. had an annual average earnings growth of 12.9% over the past 10 years. GuruFocus rated Forest Laboratories Inc. the business predictability rank of 2-star.
Added: Hain Celestial Group Inc. (HAIN, Financial)
Carl Icahn added to his holdings in Hain Celestial Group Inc. by 6.6%. His purchase prices were between $25.9 and $33.02, with an estimated average price of $28.69. The impact to his portfolio due to this purchase was 0.18%. His holdings were 5,704,451 shares as of 03/31/2011.
The Hain Celestial Group is a natural, specialty and snack food company. Hain Celestial Group Inc. has a market cap of $1.43 billion; its shares were traded at around $33.28 with a P/E ratio of 26.4 and P/S ratio of 1.6.
Added: Lawson Software Inc. (LWSN, Financial)
Carl Icahn added to his holdings in Lawson Software Inc. by 5.13%. His purchase prices were between $8.78 and $12.24, with an estimated average price of $10.27. The impact to his portfolio due to this purchase was 0.14%. His holdings were 14,278,916 shares as of 03/31/2011.
Lawson Software, Inc. is a provider of enterprise software solutions targeting specific services industries. Lawson Software Inc. has a market cap of $1.82 billion; its shares were traded at around $11.07 with a P/E ratio of 29.1 and P/S ratio of 2.5. Lawson Software Inc. had an annual average earnings growth of 42.7% over the past 5 years.
New Purchase: Clorox Company (CLX, Financial)
Carl Icahn initiated holdings in Clorox Company. His purchase prices were between $61.57 and $71.26, with an estimated average price of $66.15. The impact to his portfolio due to this purchase was 11.24%. His holdings were 10,000,000 shares as of 03/31/2011.
Clorox Company's business operations, represented by the aggregate of its U. Clorox Company has a market cap of $9.74 billion; its shares were traded at around $70.77 with a P/E ratio of 17.6 and P/S ratio of 1.8. The dividend yield of Clorox Company stocks is 3.1%. Clorox Company had an annual average earnings growth of 11.6% over the past 10 years. GuruFocus rated Clorox Company the business predictability rank of 5-star.
New Purchase: Amgen Inc. (AMGN, Financial)
Carl Icahn initiated holdings in Amgen Inc.. His purchase prices were between $50.95 and $57.31, with an estimated average price of $54.32. The impact to his portfolio due to this purchase was 0.87%. His holdings were 1,020,000 shares as of 03/31/2011.
Amgen Inc. discovers, develops and delivers innovative human therapeutics. Amgen Inc. has a market cap of $55.82 billion; its shares were traded at around $59.86 with a P/E ratio of 11.6 and P/S ratio of 3.7. Amgen Inc. had an annual average earnings growth of 16.4% over the past 10 years. GuruFocus rated Amgen Inc. the business predictability rank of 3-star.
New Purchase: Southern Union Company (SUG, Financial)
Carl Icahn initiated holdings in Southern Union Company. His purchase prices were between $24.07 and $28.75, with an estimated average price of $27.16. The impact to his portfolio due to this purchase was 0.09%. His holdings were 186,154 shares as of 03/31/2011.
Southern Union is a natural gas utilities company whose principal line of business is the distribution of natural gas as a public utility through its operating divisions principally in Texas, Missouri, Florida, Pennsylvania, Rhode Island and Massachusetts. Southern Union Company has a market cap of $3.44 billion; its shares were traded at around $27.59 with a P/E ratio of 14.8 and P/S ratio of 1.4. The dividend yield of Southern Union Company stocks is 2.2%. Southern Union Company had an annual average earnings growth of 22.4% over the past 10 years.
Reduced: Chesapeake Energy Corp. (CHK, Financial)
Carl Icahn reduced to his holdings in Chesapeake Energy Corp. by 90.64%. His sale prices were between $25.91 and $35.61, with an estimated average price of $30.91. The impact to his portfolio due to this sale was -10.17%. Carl Icahn still held 1,954,908 shares as of 03/31/2011.
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 $19.48 billion; its shares were traded at around $29.62 with a P/E ratio of 10.2 and P/S ratio of 2.1. The dividend yield of Chesapeake Energy Corp. stocks is 1%. Chesapeake Energy Corp. had an annual average earnings growth of 9.8% over the past 10 years.
Sold Out: Masco Corp. (MAS, Financial)
Carl Icahn sold out his holdings in Masco Corp.. His sale prices were between $12.66 and $14.77, with an estimated average price of $13.66.
Masco Corporation is the country's manufacturer of home improvement and building products that bring the highest quality and value to your home and family. Masco Corp. has a market cap of $4.66 billion; its shares were traded at around $13.01 with a P/E ratio of 92.9 and P/S ratio of 0.6. The dividend yield of Masco Corp. stocks is 2.3%.
Sold Out: Cadence Design Systems Inc. (CDNS, Financial)
Carl Icahn sold out his holdings in Cadence Design Systems Inc.. His sale prices were between $8.26 and $10.26, with an estimated average price of $9.3.
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 $2.87 billion; its shares were traded at around $10.68 with a P/E ratio of 20.5 and P/S ratio of 3.1.
Sold Out: Navistar International (NAV, Financial)
Carl Icahn sold out his holdings in Navistar International. His sale prices were between $56.49 and $69.69, with an estimated average price of $62.99.
Navistar International is a holding company and its principal operating subsidiary is Navistar Int'l Transportation Corp. Navistar International has a market cap of $4.89 billion; its shares were traded at around $67.51 with a P/E ratio of 22.7 and P/S ratio of 0.4. Navistar International had an annual average earnings growth of 2.5% over the past 5 years.
