Activitist investor Carl Icahn's Icahn Management LP had a big increase in asset under management during the second quarter, and he bought a lot of stocks. These are his buys during the second quarter.
Carl Icahn buys Biogen Idec Inc., Alcoa Inc., Kraft Foods Inc., Meadwestvaco Corp., Rowan Companies Inc., Bea Systems Inc., Alcan Inc., Macy's, Inc, Clear Channel Communications I, Lincoln National Corp., Global Payments Inc., Enzon Pharmaceuticals Inc., sells Medimmune Inc. during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 31 stocks with a total value of $4.3 billion. These are the details of the buys and sells.
New Purchases: AA, AL, BEAS, BIIB, CCU, ENZN, GPN, KFT, LNC, M, MWV, RDC,
Added Positions: APC, MOT, REGN, UNM,
Added: Motorola Inc. (MOT, Financial)
Carl Icahn added to his holdings in Telecom Equipment company Motorola Inc. by 490.71%. His purchase prices were between $17.52 and $18.74, with an estimated average price of $18. The impact to his portfolio due to this purchase was 18.96%. His holdings were 55,290,640 shares as of 06/30/2007.
Motorola, Inc. provides wireless and broadband communication products worldwide. It operates through three segments: Mobile Devices, Home and Networks Mobility, and Enterprise Mobility Solutions. Motorola Inc. has a market cap of $37.18 billion, its shares were traded at around $16.21 with with P/E ratio of 28.19 and P/S ratio of 0.93.
Added: Anadarko Petroleum Corp. (APC, Financial)
Carl Icahn added to his holdings in Exploration & Production company Anadarko Petroleum Corp. by 45.56%. His purchase prices were between $44.22 and $54.03, with an estimated average price of $48.6. The impact to his portfolio due to this purchase was 1.72%. His holdings were 4,520,294 shares as of 06/30/2007.
Anadarko Petroleum Corporation engages in the acquisition, exploration, and production of oil and gas primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria. Anadarko Petroleum Corp. has a market cap of $22.14 billion, its shares were traded at around $47.14 with with P/E ratio of 5.30 and P/S ratio of 1.83.
Added: UnumProvident Corp. (UNM, Financial)
Carl Icahn added to his holdings in Life Insurance company Unumprovident Corp. by 63.62%. His purchase prices were between $23.61 and $27.49, with an estimated average price of $25.8. The impact to his portfolio due to this purchase was 0.95%. His holdings were 4,020,960 shares as of 06/30/2007.
Unum Group provides group and individual income protection products in the United States and the United Kingdom. It also provides a portfolio of other insurance products, including long-term care insurance, life insurance, employer etc. UnumProvident Corp. has a market cap of $8.6 billion, its shares were traded at around $23.83 with with P/E ratio of 15.21 and P/S ratio of 0.82.
Added: Regeneron Pharmaceuticals Inc. (REGN, Financial)
Carl Icahn added to his holdings in Biotechnology company Regeneron Pharmaceuticals Inc. by 1209.85%. His purchase prices were between $17.93 and $28.53, with an estimated average price of $23.3. The impact to his portfolio due to this purchase was 0.88%. His holdings were 2,270,024 shares as of 06/30/2007.
Regeneron Pharmaceuticals, Inc., a biopharmaceutical company, engages in research and development programs to discover and commercialize therapeutics to treat human disorders and conditions in the United States. Regeneron Pharmaceuticals Inc. has a market cap of $1.07 billion, its shares were traded at around $16.22 with with P/S ratio of 17.23.
New Purchase: Biogen Idec Inc. (BIIB, Financial)
Carl Icahn initiated holdings in Biotechnology company Biogen Idec Inc.. His purchase prices were between $45.02 and $53.55, with an estimated average price of $48.8. The impact to his portfolio due to this purchase was 3.42%. His holdings were 2,740,000 shares as of 06/30/2007.
Biogen Idec, Inc. engages in the development, manufacture, and commercialization of novel therapies primarily in the areas of oncology, neurology, and immunology in the United States and internationally. Biogen Idec Inc. has a market cap of $16.83 billion, its shares were traded at around $58.46 with with P/E ratio of 34.78 and P/S ratio of 8.38.
New Purchase: Alcoa Inc. (AA, Financial)
Carl Icahn initiated holdings in Aluminum company Alcoa Inc.. His purchase prices were between $34.05 and $41.41, with an estimated average price of $38. The impact to his portfolio due to this purchase was 3.33%. His holdings were 3,520,000 shares as of 06/30/2007.
Alcoa, Inc. engages in the production and sale of primary aluminum, fabricated aluminum, and alumina worldwide. The company involves in technology, mining, refining, smelting, fabricating, and recycling of aluminum. Alcoa Inc. has a market cap of $29.79 billion, its shares were traded at around $33.7 with with P/E ratio of 13.01 and P/S ratio of 0.98.
New Purchase: Kraft Foods Inc. (KFT, Financial)
Carl Icahn initiated holdings in Food Products company Kraft Foods Inc.. His purchase prices were between $31.36 and $36, with an estimated average price of $33.6. The impact to his portfolio due to this purchase was 3.22%. His holdings were 3,920,000 shares as of 06/30/2007.
Kraft Foods, Inc., through its subsidiaries, engages in the manufacture and sale of packaged foods and beverages in the United States, Canada, Europe, Latin America, Asia Pacific, Africa, and the Middle East. Kraft Foods Inc. has a market cap of $50.06 billion, its shares were traded at around $31.75 with with P/E ratio of 18.68 and P/S ratio of 1.45.
New Purchase: Meadwestvaco Corp. (MWV, Financial)
Carl Icahn initiated holdings in Paper company Meadwestvaco Corp.. His purchase prices were between $30.89 and $35.22, with an estimated average price of $33.3. The impact to his portfolio due to this purchase was 3.11%. His holdings were 3,781,120 shares as of 06/30/2007.
MeadWestvaco Corporation operates in the packaging, consumer and office products, specialty chemicals, and specialty papers markets. The company operates four segments: Packaging Resources, Consumer Solutions, Consumer and Office Products, etc. MeadWestvaco Corp. has a market cap of $5.49 billion, its shares were traded at around $29.74 with with P/E ratio of 48.12 and P/S ratio of 0.84.
New Purchase: Rowan Companies Inc. (RDC, Financial)
Carl Icahn initiated holdings in Oil Equipment & Services company Rowan Companies Inc.. His purchase prices were between $33.52 and $40.99, with an estimated average price of $37.9. The impact to his portfolio due to this purchase was 3.1%. His holdings were 3,239,600 shares as of 06/30/2007.
Rowan Companies, Inc. provides a range of onshore and offshore contract drilling services in the United States and internationally. The company's drilling operations are conducted primarily in the Gulf of Mexico, the Middle East, the North Sea, etc. Rowan Companies Inc. has a market cap of $4.07 billion, its shares were traded at around $36.64 with with P/E ratio of 11.25 and P/S ratio of 2.37.
New Purchase: Bea Systems Inc. (BEAS, Financial)
Carl Icahn initiated holdings in Software company Bea Systems Inc.. His purchase prices were between $11.33 and $13.7, with an estimated average price of $12.6. The impact to his portfolio due to this purchase was 2.54%. His holdings were 7,944,293 shares as of 06/30/2007.
BEA Systems, Inc. provides enterprise application and service infrastructure software worldwide. The company offers BEA Tuxedo Product Family, an application infrastructure platform for mission-critical transaction processing systems. BEA Systems Inc. has a market cap of $4.59 billion, its shares were traded at around $11.66 with with P/E ratio of 32.30 and P/S ratio of 3.61.
New Purchase: Alcan Inc. (AL, Financial)
Carl Icahn initiated holdings in Aluminum company Alcan Inc.. His purchase prices were between $53.07 and $85.75, with an estimated average price of $72.6. The impact to his portfolio due to this purchase was 2.23%. His holdings were 1,176,000 shares as of 06/30/2007.
Alcan, Inc. operates in the aluminum, engineered products, and packaging industries primarily in North America, Europe, and Asia. Its Bauxite and Alumina group produces specialty aluminas, such as fire retardant products, refractory bricks etc. Alcan Inc. has a market cap of $35.36 billion, its shares were traded at around $94.82 with with P/E ratio of 18.61 and P/S ratio of 1.41.
New Purchase: Macy's, Inc (M, Financial)
Carl Icahn initiated holdings in Broadline Retailers company Macy's, Inc. His purchase prices were between $38.27 and $45.85, with an estimated average price of $41.7. The impact to his portfolio due to this purchase was 2.2%. His holdings were 2,368,560 shares as of 06/30/2007.
Macy's, Inc., through its subsidiaries, operates department stores in the United States. Its retail stores sell a range of merchandise, including men's, women's, and children's apparel; and accessories, cosmetics, home furnishings etc. Macy's, Inc has a market cap of $14.29 billion, its shares were traded at around $31.1 with with P/E ratio of 15.20 and P/S ratio of 0.54.
New Purchase: Clear Channel Communications Inc (CCU, Financial)
Carl Icahn initiated holdings in Broadcasting & Entertainment company Clear Channel Communications I. His purchase prices were between $35.5 and $38.31, with an estimated average price of $37.1. The impact to his portfolio due to this purchase was 1.29%. His holdings were 1,466,640 shares as of 06/30/2007.
Clear Channel Communications, Inc. operates as a diversified media company. It has two segments, Radio Broadcasting and Outdoor Advertising. The Radio Broadcasting segment includes radio stations, for which it operates as a licensee etc. Clear Channel Communications I has a market cap of $17.48 billion, its shares were traded at around $35.11 with with P/E ratio of 23.60 and P/S ratio of 2.38.
New Purchase: Lincoln National Corp. (LNC)
Carl Icahn initiated holdings in Life Insurance company Lincoln National Corp.. His purchase prices were between $67.47 and $73.59, with an estimated average price of $71. The impact to his portfolio due to this purchase was 1.07%. His holdings were 646,400 shares as of 06/30/2007.
Lincoln National Corporation engages in multiple insurance and investment management, as well as in broadcasting and sports programming operations primarily in the United States. Lincoln National Corp. has a market cap of $15.44 billion, its shares were traded at around $57.02 with with P/E ratio of 10.77 and P/S ratio of 1.51.
New Purchase: Global Payments Inc. (GPN)
Carl Icahn initiated holdings in Business Support Services company Global Payments Inc.. His purchase prices were between $37.28 and $41.18, with an estimated average price of $39.4. The impact to his portfolio due to this purchase was 0.93%. His holdings were 1,008,779 shares as of 06/30/2007.
Global Payments, Inc. provides payment processing and consumer money transfer services worldwide. It operates in two segments, Merchant Services and Money Transfer. Global Payments Inc. has a market cap of $2.91 billion, its shares were traded at around $36.01 with with P/E ratio of 20.60 and P/S ratio of 2.79.
New Purchase: Enzon Pharmaceuticals Inc. (ENZN)
Carl Icahn initiated holdings in Biotechnology company Enzon Pharmaceuticals Inc.. His purchase prices were between $7.92 and $8.81, with an estimated average price of $8.4. The impact to his portfolio due to this purchase was 0.32%. His holdings were 1,740,001 shares as of 06/30/2007.
Enzon Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development, manufacture, and commercialization of pharmaceutical products for the treatment of cancer and various life-threatening diseases in the United States and Canada. Enzon Pharmaceuticals Inc. has a market cap of $312.58 million, its shares were traded at around $7.09 with with P/S ratio of 1.65.
Carl Icahn buys Biogen Idec Inc., Alcoa Inc., Kraft Foods Inc., Meadwestvaco Corp., Rowan Companies Inc., Bea Systems Inc., Alcan Inc., Macy's, Inc, Clear Channel Communications I, Lincoln National Corp., Global Payments Inc., Enzon Pharmaceuticals Inc., sells Medimmune Inc. during the 3-months ended 06/30/2007, according to the most recent filings of his investment company, Icahn Capital Management LP. Carl Icahn owns 31 stocks with a total value of $4.3 billion. These are the details of the buys and sells.
New Purchases: AA, AL, BEAS, BIIB, CCU, ENZN, GPN, KFT, LNC, M, MWV, RDC,
Added Positions: APC, MOT, REGN, UNM,
Added: Motorola Inc. (MOT, Financial)
Carl Icahn added to his holdings in Telecom Equipment company Motorola Inc. by 490.71%. His purchase prices were between $17.52 and $18.74, with an estimated average price of $18. The impact to his portfolio due to this purchase was 18.96%. His holdings were 55,290,640 shares as of 06/30/2007.
Motorola, Inc. provides wireless and broadband communication products worldwide. It operates through three segments: Mobile Devices, Home and Networks Mobility, and Enterprise Mobility Solutions. Motorola Inc. has a market cap of $37.18 billion, its shares were traded at around $16.21 with with P/E ratio of 28.19 and P/S ratio of 0.93.
Added: Anadarko Petroleum Corp. (APC, Financial)
Carl Icahn added to his holdings in Exploration & Production company Anadarko Petroleum Corp. by 45.56%. His purchase prices were between $44.22 and $54.03, with an estimated average price of $48.6. The impact to his portfolio due to this purchase was 1.72%. His holdings were 4,520,294 shares as of 06/30/2007.
Anadarko Petroleum Corporation engages in the acquisition, exploration, and production of oil and gas primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria. Anadarko Petroleum Corp. has a market cap of $22.14 billion, its shares were traded at around $47.14 with with P/E ratio of 5.30 and P/S ratio of 1.83.
Added: UnumProvident Corp. (UNM, Financial)
Carl Icahn added to his holdings in Life Insurance company Unumprovident Corp. by 63.62%. His purchase prices were between $23.61 and $27.49, with an estimated average price of $25.8. The impact to his portfolio due to this purchase was 0.95%. His holdings were 4,020,960 shares as of 06/30/2007.
Unum Group provides group and individual income protection products in the United States and the United Kingdom. It also provides a portfolio of other insurance products, including long-term care insurance, life insurance, employer etc. UnumProvident Corp. has a market cap of $8.6 billion, its shares were traded at around $23.83 with with P/E ratio of 15.21 and P/S ratio of 0.82.
Added: Regeneron Pharmaceuticals Inc. (REGN, Financial)
Carl Icahn added to his holdings in Biotechnology company Regeneron Pharmaceuticals Inc. by 1209.85%. His purchase prices were between $17.93 and $28.53, with an estimated average price of $23.3. The impact to his portfolio due to this purchase was 0.88%. His holdings were 2,270,024 shares as of 06/30/2007.
Regeneron Pharmaceuticals, Inc., a biopharmaceutical company, engages in research and development programs to discover and commercialize therapeutics to treat human disorders and conditions in the United States. Regeneron Pharmaceuticals Inc. has a market cap of $1.07 billion, its shares were traded at around $16.22 with with P/S ratio of 17.23.
New Purchase: Biogen Idec Inc. (BIIB, Financial)
Carl Icahn initiated holdings in Biotechnology company Biogen Idec Inc.. His purchase prices were between $45.02 and $53.55, with an estimated average price of $48.8. The impact to his portfolio due to this purchase was 3.42%. His holdings were 2,740,000 shares as of 06/30/2007.
Biogen Idec, Inc. engages in the development, manufacture, and commercialization of novel therapies primarily in the areas of oncology, neurology, and immunology in the United States and internationally. Biogen Idec Inc. has a market cap of $16.83 billion, its shares were traded at around $58.46 with with P/E ratio of 34.78 and P/S ratio of 8.38.
New Purchase: Alcoa Inc. (AA, Financial)
Carl Icahn initiated holdings in Aluminum company Alcoa Inc.. His purchase prices were between $34.05 and $41.41, with an estimated average price of $38. The impact to his portfolio due to this purchase was 3.33%. His holdings were 3,520,000 shares as of 06/30/2007.
Alcoa, Inc. engages in the production and sale of primary aluminum, fabricated aluminum, and alumina worldwide. The company involves in technology, mining, refining, smelting, fabricating, and recycling of aluminum. Alcoa Inc. has a market cap of $29.79 billion, its shares were traded at around $33.7 with with P/E ratio of 13.01 and P/S ratio of 0.98.
New Purchase: Kraft Foods Inc. (KFT, Financial)
Carl Icahn initiated holdings in Food Products company Kraft Foods Inc.. His purchase prices were between $31.36 and $36, with an estimated average price of $33.6. The impact to his portfolio due to this purchase was 3.22%. His holdings were 3,920,000 shares as of 06/30/2007.
Kraft Foods, Inc., through its subsidiaries, engages in the manufacture and sale of packaged foods and beverages in the United States, Canada, Europe, Latin America, Asia Pacific, Africa, and the Middle East. Kraft Foods Inc. has a market cap of $50.06 billion, its shares were traded at around $31.75 with with P/E ratio of 18.68 and P/S ratio of 1.45.
New Purchase: Meadwestvaco Corp. (MWV, Financial)
Carl Icahn initiated holdings in Paper company Meadwestvaco Corp.. His purchase prices were between $30.89 and $35.22, with an estimated average price of $33.3. The impact to his portfolio due to this purchase was 3.11%. His holdings were 3,781,120 shares as of 06/30/2007.
MeadWestvaco Corporation operates in the packaging, consumer and office products, specialty chemicals, and specialty papers markets. The company operates four segments: Packaging Resources, Consumer Solutions, Consumer and Office Products, etc. MeadWestvaco Corp. has a market cap of $5.49 billion, its shares were traded at around $29.74 with with P/E ratio of 48.12 and P/S ratio of 0.84.
New Purchase: Rowan Companies Inc. (RDC, Financial)
Carl Icahn initiated holdings in Oil Equipment & Services company Rowan Companies Inc.. His purchase prices were between $33.52 and $40.99, with an estimated average price of $37.9. The impact to his portfolio due to this purchase was 3.1%. His holdings were 3,239,600 shares as of 06/30/2007.
Rowan Companies, Inc. provides a range of onshore and offshore contract drilling services in the United States and internationally. The company's drilling operations are conducted primarily in the Gulf of Mexico, the Middle East, the North Sea, etc. Rowan Companies Inc. has a market cap of $4.07 billion, its shares were traded at around $36.64 with with P/E ratio of 11.25 and P/S ratio of 2.37.
New Purchase: Bea Systems Inc. (BEAS, Financial)
Carl Icahn initiated holdings in Software company Bea Systems Inc.. His purchase prices were between $11.33 and $13.7, with an estimated average price of $12.6. The impact to his portfolio due to this purchase was 2.54%. His holdings were 7,944,293 shares as of 06/30/2007.
BEA Systems, Inc. provides enterprise application and service infrastructure software worldwide. The company offers BEA Tuxedo Product Family, an application infrastructure platform for mission-critical transaction processing systems. BEA Systems Inc. has a market cap of $4.59 billion, its shares were traded at around $11.66 with with P/E ratio of 32.30 and P/S ratio of 3.61.
New Purchase: Alcan Inc. (AL, Financial)
Carl Icahn initiated holdings in Aluminum company Alcan Inc.. His purchase prices were between $53.07 and $85.75, with an estimated average price of $72.6. The impact to his portfolio due to this purchase was 2.23%. His holdings were 1,176,000 shares as of 06/30/2007.
Alcan, Inc. operates in the aluminum, engineered products, and packaging industries primarily in North America, Europe, and Asia. Its Bauxite and Alumina group produces specialty aluminas, such as fire retardant products, refractory bricks etc. Alcan Inc. has a market cap of $35.36 billion, its shares were traded at around $94.82 with with P/E ratio of 18.61 and P/S ratio of 1.41.
New Purchase: Macy's, Inc (M, Financial)
Carl Icahn initiated holdings in Broadline Retailers company Macy's, Inc. His purchase prices were between $38.27 and $45.85, with an estimated average price of $41.7. The impact to his portfolio due to this purchase was 2.2%. His holdings were 2,368,560 shares as of 06/30/2007.
Macy's, Inc., through its subsidiaries, operates department stores in the United States. Its retail stores sell a range of merchandise, including men's, women's, and children's apparel; and accessories, cosmetics, home furnishings etc. Macy's, Inc has a market cap of $14.29 billion, its shares were traded at around $31.1 with with P/E ratio of 15.20 and P/S ratio of 0.54.
New Purchase: Clear Channel Communications Inc (CCU, Financial)
Carl Icahn initiated holdings in Broadcasting & Entertainment company Clear Channel Communications I. His purchase prices were between $35.5 and $38.31, with an estimated average price of $37.1. The impact to his portfolio due to this purchase was 1.29%. His holdings were 1,466,640 shares as of 06/30/2007.
Clear Channel Communications, Inc. operates as a diversified media company. It has two segments, Radio Broadcasting and Outdoor Advertising. The Radio Broadcasting segment includes radio stations, for which it operates as a licensee etc. Clear Channel Communications I has a market cap of $17.48 billion, its shares were traded at around $35.11 with with P/E ratio of 23.60 and P/S ratio of 2.38.
New Purchase: Lincoln National Corp. (LNC)
Carl Icahn initiated holdings in Life Insurance company Lincoln National Corp.. His purchase prices were between $67.47 and $73.59, with an estimated average price of $71. The impact to his portfolio due to this purchase was 1.07%. His holdings were 646,400 shares as of 06/30/2007.
Lincoln National Corporation engages in multiple insurance and investment management, as well as in broadcasting and sports programming operations primarily in the United States. Lincoln National Corp. has a market cap of $15.44 billion, its shares were traded at around $57.02 with with P/E ratio of 10.77 and P/S ratio of 1.51.
New Purchase: Global Payments Inc. (GPN)
Carl Icahn initiated holdings in Business Support Services company Global Payments Inc.. His purchase prices were between $37.28 and $41.18, with an estimated average price of $39.4. The impact to his portfolio due to this purchase was 0.93%. His holdings were 1,008,779 shares as of 06/30/2007.
Global Payments, Inc. provides payment processing and consumer money transfer services worldwide. It operates in two segments, Merchant Services and Money Transfer. Global Payments Inc. has a market cap of $2.91 billion, its shares were traded at around $36.01 with with P/E ratio of 20.60 and P/S ratio of 2.79.
New Purchase: Enzon Pharmaceuticals Inc. (ENZN)
Carl Icahn initiated holdings in Biotechnology company Enzon Pharmaceuticals Inc.. His purchase prices were between $7.92 and $8.81, with an estimated average price of $8.4. The impact to his portfolio due to this purchase was 0.32%. His holdings were 1,740,001 shares as of 06/30/2007.
Enzon Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development, manufacture, and commercialization of pharmaceutical products for the treatment of cancer and various life-threatening diseases in the United States and Canada. Enzon Pharmaceuticals Inc. has a market cap of $312.58 million, its shares were traded at around $7.09 with with P/S ratio of 1.65.
