Carl Icahn

Carl Icahn

Icahn Capital Management LP
Last update 2020-02-14 18 Stocks (0 new)
Value $26.18 Bil Turnover 2 %
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Carl Icahn Profile

Carl Icahn is an activist investor. He takes minority stakes in public companies and typically pushes for change. He invests with three investment vehicles: the 7 billion hedge fund, Icahn Partners, American Real Estate Partners (AREP), a public traded private equity firm, and ICAHN MANAGEMENT LP, a $2 billion hedge fund. GuruFocus tracks the third portfolio, which covers all the stocks owned by Icahn Partners. Mr. Icahn has a personal wealth of $17 billion.

Carl Icahn Investing Philosophy

Mr. Icahn buys beaten-down assets that nobody else wants, usually out of bankruptcy, then fixes them up and sells them when they are back in favor. Regarding to his style, explains Icahn: The consensus thinking is generally wrong. If you go with a trend, the momentum always falls apart on you. So I buy companies that are not glamorous and usually out of favor. It is even better if the whole industry is out of favor.
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Performance of Icahn Capital

Year Return % S&P500 % Excess Gain %
2013 31 32.31 -1.3
2012 20.2 15.99 4.2
2011 34.5 1.9 32.6
3-Year Cumulative (2011-2013) 111.79 (28.42/Year) 56.38 (16.07/Year) 55.41 (12.35/Year)
2010 15.2 15.05 0.1
2009 33.3 26.35 6.9
5-Year Cumulative (2009-2013) 225.22 (26.60/Year) 127.33 (17.85/Year) 97.89 (8.75/Year)
2008 -35.6 -36.79 1.2
2007 12.3 5.15 7.2
2006 37.8 15.84 22
2005 17.9 4.83 13.1

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