Activist investor Carl Icahn (Trades, Portfolio) has a net worth of $21.9 billion, according to Bloomberg’s latest rankings. Much of his fortune has been built by accumulating stakes that are large enough to permit him to influence companies’ boards.
Here is a look at the five most-heavily weighted stocks in Icahn’s portfolio.
Icahn Enterprises LP
The most heavily weighted stock (31.21%) in Icahn’s portfolio is his own Icahn Enterprises LP (IEP, Financial). He owns 112,285,454 shares of the New York City-based holding company, a stake that is valued at better than $9.7 billion. The latest price for a share of Icahn Enterprises is $79.92.
Icahn Enterprises has a market cap of $10.12 billion and an enterprise value of $13.38 billion. It has a forward P/E of 12.5, a P/B of 1.8 and a P/S of 0.6. GuruFocus has given Icahn Enterprises a Financial Strength rating of 4/10 and a Profitability and Growth rating of 6/10.
Murray Stahl (Trades, Portfolio) also has shares of Icahn Enterprises in his portfolio.
Apple Inc.
Apple Inc. (AAPL, Financial) is the second-most heavily weighted (21.21%) stock in Icahn’s portfolio. Icahn has 52,760,848 shares of the Cupertino, Calif.-based electronic products company, valued at $6.6 billion. The most recent price for Apple’s stock was $112.12 per share.
Apple has a market cap of $639.39 billion and an enterprise value of $659.1 billion. It has a P/E of 12.9, a forward P/E of 11.0, a P/B of 5.1 and a P/S of 2.9. GuruFocus has given Apple a Financial Strength rating of 7/10 and a Profitability and Growth rating of 9/10.
Icahn is Apple’s leading shareholder among the gurus. Other gurus who own shares of Apple are Ken Fisher (Trades, Portfolio), Jeremy Grantham (Trades, Portfolio), David Einhorn (Trades, Portfolio), Pioneer Investments (Trades, Portfolio), David Rolfe (Trades, Portfolio), Bill Nygren (Trades, Portfolio), David Tepper (Trades, Portfolio), Diamond Hill Capital (Trades, Portfolio), Jim Simons (Trades, Portfolio), PRIMECAP Management (Trades, Portfolio), Ray Dalio (Trades, Portfolio), Joel Greenblatt (Trades, Portfolio), Julian Robertson (Trades, Portfolio), Jana Partners (Trades, Portfolio), Signature Select Canadian Fund (Trades, Portfolio), Ronald Muhlenkamp (Trades, Portfolio), Mario Gabelli (Trades, Portfolio), Chuck Royce (Trades, Portfolio), RS Investment Management (Trades, Portfolio), John Buckingham (Trades, Portfolio), Robert Olstein (Trades, Portfolio), Ron Baron (Trades, Portfolio), Jim Chanos (Trades, Portfolio), Mark Hillman (Trades, Portfolio), John Burbank (Trades, Portfolio), Scott Black (Trades, Portfolio), Manning & Napier Advisors Inc., Dodge & Cox, Louis Moore Bacon (Trades, Portfolio), David Dreman (Trades, Portfolio), Caxton Associates (Trades, Portfolio), Bill Frels (Trades, Portfolio), Ruane Cunniff (Trades, Portfolio), Paul Tudor Jones (Trades, Portfolio), Meridian Funds (Trades, Portfolio), First Eagle Investment (Trades, Portfolio), Jeff Auxier (Trades, Portfolio), Tom Gayner (Trades, Portfolio), Steven Cohen (Trades, Portfolio), Chris Davis (Trades, Portfolio), Murray Stahl (Trades, Portfolio) and Lee Ainslie (Trades, Portfolio).
It was reported during the weekend that Apple has disabled its Apple News app in China. The app, which was inaugurated in June, currently is only available in the U.S.
It’s a steep drop from the two most-heavily weighted stocks in Icahn’s portfolio to the next three.
CVR Energy Inc.
CVR Energy Inc. (CVI, Financial) is the third-most heavily weighted stock in Icahn’s portfolio at 8.59%. Icahn, a CVR director and 10% owner, owns 71,198,718 shares of the Sugar Land, Texas-based oil and gas company, valued at nearly $2.7 billion. A share of CVR Energy most recently sold for $42.69.
CVR Energy has a market cap of $3.71 billion and an enterprise value of $4.16 billion. It has a P/E of 31.0, a forward P/E of 9.3, a P/B of 3.5 and a P/S of 0.5. GuruFocus has given CVR Energy a Financial Strength rating of 7/10 and a Profitability and Growth rating of 7/10.
Icahn is CVR Energy’s leading shareholder among the gurus. Joel Greenblatt (Trades, Portfolio), Murray Stahl (Trades, Portfolio), Jim Simons (Trades, Portfolio) and Paul Tudor Jones (Trades, Portfolio) also have shares of CVR Energy in their portfolios.
PayPal Holdings Inc.
PayPal Holdings Inc. (PYPL, Financial) is the fourth-most heavily weighted stock in Icahn’s portfolio at 5.66%. Icahn has 46,271,370 shares of PayPal, which sold most recently for $32.06 apiece. Icahn’s stake is valued at nearly $1.8 billion.
The San Jose, Calif.-based online payment system has a market cap of $39.07 billion and an enterprise value of $37.94 billion. It has a P/E of 103.4, a forward P/E of 21.5, a P/B of 4.9 and a P/S of 5.0. GuruFocus has given PayPal a Financial Strength rating of 6/10 and a Profitability and Growth rating of 4/10.
Icahn is PayPal’s leading shareholder among the gurus. Other gurus who hold shares of PayPal are Dodge & Cox, Jana Partners (Trades, Portfolio), Seth Klarman (Trades, Portfolio), PRIMECAP Management (Trades, Portfolio), Manning & Napier Advisors Inc., Donald Yacktman (Trades, Portfolio), Jeremy Granth, Larry Robbins (Trades, Portfolio), George Soros (Trades, Portfolio), Yacktman Fund (Trades, Portfolio), NWQ Managers (Trades, Portfolio), Leon Cooperman (Trades, Portfolio), Steven Cohen (Trades, Portfolio), Jim Simons (Trades, Portfolio), Ken Fisher (Trades, Portfolio), Stanley Druckenmiller (Trades, Portfolio), Mario Cibelli (Trades, Portfolio), Murray Stahl (Trades, Portfolio), Robert Olstein (Trades, Portfolio), John Hussman (Trades, Portfolio), Joel Greenblatt (Trades, Portfolio), Ruane Cunniff (Trades, Portfolio) and John Burbank (Trades, Portfolio).
Federal-Mogul Holdings Corp.
Federal-Mogul Holdings Corp. (FDML, Financial) is the fifth-most heavily weighted stock in Icahn’s portfolio (5.04%). Icahn owns 138,590,141 shares of the Southfield, Mich.-based manufacturer of automotive products. Icahn’s stake is valued at $1.57 billion. The most recent price for a share of Federal-Mogul was $8.12.
Federal-Mogul has a market cap of $1.37 billion and an enterprise value of $4.16 billion. It has a forward P/E of 8.5, a P/B of 1.4 and a P/S of 0.2. GuruFocus has given Federal-Mogul a Financial Strength rating of 6/10 and a Profitability and Growth rating of 3/10.
Icahn is Federal-Mogul’s leading shareholder among the gurus. Mario Gabelli (Trades, Portfolio), John Keeley (Trades, Portfolio), Murray Stahl (Trades, Portfolio) and Jim Simons (Trades, Portfolio) have shares of Federal-Mogul in their portfolios.
To view the portfolios of more gurus, visit the List of Gurus page. Not a premium member of GuruFocus? Try it free for 7 days.
