ICAHN CARL C

CIK 921669 · View on SEC EDGAR ↗

Portfolio value
$5.9B
#709 of 9,443 by 13F value · top 7.5%
Positions
12
As of
June 30, 2026

Portfolio value QoQ: -6.6% 13F does not disclose cash

Top 10 holdings weight
98.01%
Top 25 holdings weight
100.00%
Positions above 1%
11
Effective number of positions
3.9

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.94% Est. buys $250,732,013 · sells $179,705,594

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 75.0% still held

New positions
0
Increased
2
Decreased
2
Closed
1
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+29.5%
S&P 500 total return (same window)
+28.1%
Excess return
+1.4%

Annualized: +18.8% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Industrials
47.1%
Energy
32.7%
Materials
13.1%
Communication Services
2.4%
Retail
1.5%
Consumer Discretionary
1.2%
Utilities
1.0%
Health Care
1.0%

Full portfolio 12 positions

Type Streak 8Q trend
IEP Icahn Enterprises L.P. - Depositary Units representing Limited Partner Interests $2,234,185,830 37.81% 309,873,208 $155,660,841 Up ×1
CVI CVR Energy Inc. Common Stock $1,860,894,131 31.49% 67,570,593 $-412,856,323
UAN CVR Partners, LP Common Units representing Limited Partner Interests $433,880,160 7.34% 3,892,000 $-59,119,480
CTRI Centuri Holdings, Inc. Common Stock $433,521,971 7.34% 14,336,044 $14,766,126
IFF International Flavors & Fragrances, Inc. Common Stock $338,665,500 5.73% 4,275,000 $28,514,250
SATS EchoStar Corporation - Common stock $142,561,013 2.41% 1,404,542 $-21,868,719
JBLU JetBlue Airways Corporation - Common Stock $118,371,366 2.00% 20,658,179 $-30,236,703 Down ×1
MNRO Monro, Inc. - Common Stock $86,894,384 1.47% 5,078,573 $5,434,073
CZR Caesars Entertainment, Inc. - Common Stock $73,642,490 1.25% 2,440,109 $9,150,409
SD SandRidge Energy, Inc. Common Stock $69,252,220 1.17% 5,054,907 $-11,444,783 Up ×4
AEP American Electric Power Company, Inc. - Common Stock $59,472,675 1.01% 434,710 $-98,518,049 Down ×1
BLCO Bausch + Lomb Corporation Common Shares $57,960,000 0.98% 3,500,000 $2,310,000

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
SD $69,252,220 1.17% up ×4

Top movers (QoQ)

Security Action Shares Δ Value Δ
CVI Price move only +0 -$412.9M
IEP Bought more +34.6M +$155.7M
AEP Trimmed -771K -$98.5M
UAN Price move only +0 -$59.1M
JBLU Trimmed -13.0M -$30.2M
IFF Price move only +0 +$28.5M
SATS Price move only +0 -$21.9M
CTRI Price move only +0 +$14.8M
SD Bought more +107K -$11.4M
CZR Price move only +0 +$9.2M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
SWX March 31, 2026 6,032,604 $482,728,972 6.0%
BHC Sept. 30, 2025 34,721,118 $231,242,646 8.9%
DAN June 30, 2025 14,286,505 $190,439,112 79.9%
ILMN June 30, 2025 220,000 $17,454,800 109.7%