Icahn Capital Management

Carl Icahn

$9.1B Portfolio Value
13 Stocks
+8.97% YTD Return
Nov 14, 2025 Last Updated
Portfolio Value Over Time

Current Holdings for Icahn Capital Management

Stock Click to search
Shares Value % of Portfolio Change Est. Return
IEP|Icahn Enterprises LP
518.9M $4.4B
47.80%
ADD +4.9%
FL9|CVR Energy Inc
70.4M $2.6B
28.10%
SWX|Southwest Gas Holdings Inc.
6.0M $472.6M
5.17%
TRIM -19.9% +15.43%
UAN|CVR Partners, LP
4.2M $375.3M
4.11%
+66.95%
SATS|EchoStar Corporation
4.4M $332.5M
3.64%
ADD NEW +314.66%
IFF|International Flavors and Fragrances Inc.
4.8M $292.3M
3.20%
ADD +26.7% -14.78%
CTRI|Centuri Holdings, Inc.
10.8M $229.6M
2.51%
ADD +69.4% +33.73%
JBLU|JetBlue Airways Corp.
33.6M $165.4M
1.81%
-16.47%
AEP|American Electric Power Company
1.2M $135.6M
1.48%
+50.15%
CZR|Caesars Entertainment, Inc.
2.4M $65.9M
0.72%
-31.04%
SD|SandRidge Energy, Inc.
4.9M $54.9M
0.60%
ADD +1.1%
BLCO|Bausch Plus Lomb Corp.
3.5M $52.7M
0.58%
+7.13%
MNRO|Monro, Inc.
1.5M $26.3M
0.29%
ADD NEW +30.51%

Trading Activity for Icahn Capital Management

Stock Click to search
Action Change Shares After Value Est. Return
2025-Q3
IEP|Icahn Enterprises LP
BUY +4.88% 518.9M $4.4B
SWX|Southwest Gas Holdings Inc.
SELL -19.91% 6.0M $473M +7.6%
SATS|EchoStar Corporation
BUY NEW 4.4M $333M
IFF|International Flavors and Fragrances Inc.
BUY +26.67% 4.8M $292M
BHC|Bausch Health Companies Inc.
SELL EXIT -76.6%
CTRI|Centuri Holdings, Inc.
BUY +69.39% 10.8M $230M
SD|SandRidge Energy, Inc.
BUY +1.07% 4.9M $55M
MNRO|Monro, Inc.
BUY NEW 1.5M $26M
2025-Q2
IEP|Icahn Enterprises LP
BUY +9.76% 494.8M $4.0B
FL9|CVR Energy Inc
BUY +2.75% 70.4M $1.9B
UAN|CVR Partners, LP
BUY +1.59% 4.2M $370M
4DH|Dana Inc.
SELL EXIT
CTRI|Centuri Holdings, Inc.
BUY +157.55% 6.4M $144M
ILMN|Illumina Inc.
SELL EXIT -54.0%
2025-Q1
FL9|CVR Energy Inc
BUY +2.76% 68.5M $1.3B
SWX|Southwest Gas Holdings Inc.
SELL -21.80% 7.5M $541M +1.9%
UAN|CVR Partners, LP
BUY +0.81% 4.1M $308M
JBLU|JetBlue Airways Corp.
BUY +89.66% 33.6M $162M
ILMN|Illumina Inc.
BUY +450.00% 220.0K $17M
2024-Q4
IEP|Icahn Enterprises LP
BUY +4.06% 450.8M $3.9B
SWX|Southwest Gas Holdings Inc.
SELL -12.61% 9.6M $681M +2.2%
UAN|CVR Partners, LP
BUY +4.48% 4.1M $309M
CTRI|Centuri Holdings, Inc.
SELL -30.78% 2.5M $48M -14.0%
ILMN|Illumina Inc.
SELL -90.70% 40.0K $5M -30.1%
2024-Q3
IEP|Icahn Enterprises LP
BUY +6.62% 433.2M $5.9B
CTRI|Centuri Holdings, Inc.
BUY +38.58% 3.6M $58M
2024-Q2
IEP|Icahn Enterprises LP
BUY +10.45% 406.3M $6.7B
OXY/WS|Occidental Petroleum Corp Wts
SELL EXIT
CNDT|Conduent Inc
SELL EXIT
CZR|Caesars Entertainment, Inc.
BUY NEW 2.4M $97M
CTRI|Centuri Holdings, Inc.
BUY NEW 2.6M $50M
2024-Q1
IFF|International Flavors and Fragrances Inc.
BUY +481.84% 3.8M $322M
UAN|CVR Partners, LP
BUY NEW 3.9M $306M
FE|FirstEnergy Corp
SELL EXIT +15.2%
JBLU|JetBlue Airways Corp.
BUY NEW 17.7M $132M
NWL|Newell Brands, Inc
SELL EXIT -69.6%
2023-Q4
IEP|Icahn Enterprises LP
BUY +4.86% 367.9M $6.3B
FE|FirstEnergy Corp
SELL -58.22% 5.9M $216M +11.9%
AEP|American Electric Power Company
BUY NEW 1.2M $98M
CCK|Crown Holdings Inc.
SELL EXIT -11.2%
2023-Q3
IEP|Icahn Enterprises LP
BUY +4.88% 350.8M $6.9B
FL9|CVR Energy Inc
SELL -6.33% 66.7M $2.3B
SWX|Southwest Gas Holdings Inc.
BUY +1.64% 11.0M $666M
XRX|Xerox Holdings Corp
SELL EXIT -23.5%
NWL|Newell Brands, Inc
SELL -80.19% 5.9M $54M -61.2%
2023-Q2
IEP|Icahn Enterprises LP
BUY +11.50% 334.5M $9.7B
FE|FirstEnergy Corp
SELL -25.71% 14.1M $548M +20.0%
SWX|Southwest Gas Holdings Inc.
BUY +3.08% 10.8M $690M
LNG|Cheniere Energy Inc
SELL EXIT
HRI|Herc Holdings Inc
SELL EXIT
2023-Q1
OXY/WS|Occidental Petroleum Corp Wts
BUY +0.43% 16.5M $676M
SWX|Southwest Gas Holdings Inc.
BUY +59.12% 10.5M $657M
HRI|Herc Holdings Inc
SELL -93.77% 230.2K $26M
NWL|Newell Brands, Inc
SELL -9.33% 30.0M $373M -43.8%
ILMN|Illumina Inc.
BUY NEW 430.0K $100M
2022-Q4
IEP|Icahn Enterprises LP
BUY +3.97% 300.0M $15.2B
OXY/WS|Occidental Petroleum Corp Wts
BUY +1.85% 16.4M $677M
TWTRUSD|Twitter Inc
SELL EXIT
HRI|Herc Holdings Inc
SELL -8.11% 3.7M $486M
LNG|Cheniere Energy Inc
SELL -52.64% 1.0M $150M
CCK|Crown Holdings Inc.
BUY +0.01% 1.0M $86M
2022-Q3
IEP|Icahn Enterprises LP
BUY +3.93% 288.6M $14.3B
LNG|Cheniere Energy Inc
SELL -62.37% 2.1M $350M
OXY/WS|Occidental Petroleum Corp Wts
BUY +5.52% 16.1M $639M
TWTRUSD|Twitter Inc
BUY NEW 12.5M $549M
SWX|Southwest Gas Holdings Inc.
BUY +29.56% 6.6M $461M
MFS1EUR|Welbilt Inc
SELL EXIT
CCK|Crown Holdings Inc.
BUY NEW 1.0M $84M
2022-Q2
IEP|Icahn Enterprises LP
BUY +8.02% 277.7M $13.4B
LNG|Cheniere Energy Inc
SELL -42.28% 5.6M $747M
XRX|Xerox Holdings Corp
BUY +6.63% 34.2M $509M
OXY/WS|Occidental Petroleum Corp Wts
BUY +1.39% 15.3M $565M
SWX|Southwest Gas Holdings Inc.
BUY +76.05% 5.1M $444M
BLCO|Bausch Plus Lomb Corp.
BUY NEW 3.5M $53M
DK|Delek US Holdings, Inc.
SELL EXIT -0.6%
2022-Q1
LNG|Cheniere Energy Inc
SELL -39.87% 9.7M $1.3B
OXY|Occidental Petroleum Corp
SELL EXIT -11.6%
NWL|Newell Brands, Inc
SELL -24.33% 33.1M $708M -10.9%
XRXCHF|Xerox Holdings Corporation
SELL EXIT
XRX|Xerox Holdings Corp
BUY NEW 32.1M $648M
OXY/WS|Occidental Petroleum Corp Wts
BUY +0.39% 15.1M $531M
DK|Delek US Holdings, Inc.
SELL -80.82% 1.3M $28M -35.1%
IFF|International Flavors and Fragrances Inc.
BUY NEW 644.5K $85M
2021-Q4
IEP|Icahn Enterprises LP
BUY +4.02% 257.0M $12.7B
BHC|Bausch Health Companies Inc.
BUY +1.79% 34.7M $959M
CLDR|Cloudera Inc
SELL EXIT
HRI|Herc Holdings Inc
SELL -10.50% 4.0M $630M
XRXCHF|Xerox Holdings Corporation
BUY +3.12% 32.1M $727M
SWX|Southwest Gas Holdings Inc.
BUY +128.36% 2.9M $203M
OXY/WS|Occidental Petroleum Corp Wts
SELL -1.10% 15.0M $189M
DK|Delek US Holdings, Inc.
SELL -6.43% 7.0M $105M -35.2%
2021-Q3
IEP|Icahn Enterprises LP
BUY +3.99% 247.1M $12.3B
OXY|Occidental Petroleum Corp
SELL -8.40% 45.0M $1.3B -41.7%
NAV|Navistar International Corporation
SELL EXIT
XRX|Xerox Holdings Corporation
SELL EXIT -18.1%
XRXCHF|Xerox Holdings Corporation
BUY NEW 31.1M $628M
4DH|Dana Inc.
BUY +18.69% 14.3M $318M
OXY/WS|Occidental Petroleum Corp Wts
SELL -21.41% 15.2M $180M
SWX|Southwest Gas Holdings Inc.
BUY NEW 1.3M $85M
2021-Q2
IEP|Icahn Enterprises LP
BUY +7.17% 237.6M $13.1B
OXY|Occidental Petroleum Corp
SELL -42.90% 49.1M $1.5B -42.4%
XRX|Xerox Holdings Corporation
BUY +8.25% 31.1M $732M
HLF|Herbalife Ltd
SELL EXIT
MFS1EUR|Welbilt Inc
SELL -6.63% 11.2M $258M
DK|Delek US Holdings, Inc.
SELL -29.21% 7.5M $161M -18.1%
TEN1|Tenneco Inc (Class A)
SELL EXIT
2021-Q1
OXY|Occidental Petroleum Corp
SELL -2.93% 86.0M $2.3B -43.4%
BHC|Bausch Health Companies Inc.
BUY +577.69% 34.1M $1.1B
HLF|Herbalife Ltd
SELL -60.89% 8.0M $356M
XRX|Xerox Holdings Corporation
BUY +3.60% 28.8M $698M
FE|FirstEnergy Corp
BUY NEW 19.0M $658M
4DH|Dana Inc.
BUY +201.98% 12.0M $293M
TEN1|Tenneco Inc (Class A)
BUY +31.62% 9.6M $103M
2020-Q4
IEP|Icahn Enterprises LP
BUY +3.82% 221.7M $11.2B
LNG|Cheniere Energy Inc
SELL -19.67% 16.2M $971M
XRX|Xerox Holdings Corporation
BUY +1.10% 27.8M $667M
BHC|Bausch Health Companies Inc
BUY NEW 5.0M $105M
4DH|Dana Inc.
BUY NEW 4.0M $78M
TEN1|Tenneco Inc (Class A)
SELL -20.26% 7.3M $77M
2020-Q3
IEP|Icahn Enterprises LP
BUY +4.16% 213.6M $10.5B
HLF|Herbalife Ltd
SELL -41.79% 20.5M $957M
CZREUR|Caesars Entertainment Corp
SELL EXIT
LNG|Cheniere Energy Inc
SELL -3.33% 20.1M $931M
XRX|Xerox Holdings Corporation
BUY +17.10% 27.5M $516M
OXY/WS|Occidental Petroleum Corp Warrants
BUY NEW 19.3M $58M
2020-Q2
IEP|Icahn Enterprises LP
BUY +4.07% 205.1M $9.9B
7HP|HP Inc
SELL EXIT
LNG|Cheniere Energy Inc
BUY +3.30% 20.8M $1.0B
CLDR|Cloudera Inc
SELL -4.50% 52.3M $666M
HTZ|Hertz Rental Car Holding Co
SELL EXIT
FCX|Freeport-McMoran Inc
SELL EXIT
TEN1|Tenneco Inc (Class A)
BUY +61.67% 9.1M $69M
2020-Q1
LNG|Cheniere Energy Inc
BUY +2.91% 20.2M $675M
OXY|Occidental Petroleum Corp
BUY +292.65% 88.6M $1.0B
NWL|Newell Brands, Inc
BUY +6.29% 43.7M $580M
HTZ|Hertz Rental Car Holding Co
BUY +25.99% 55.3M $342M
DK|Delek US Holdings, Inc.
BUY NEW 10.5M $166M
MFS1EUR|Welbilt Inc
BUY +18.44% 11.9M $61M
2019-Q4
IEP|ICAHN ENTERPRISES LP
BUY +3.25% 197.0M $12.1B
OXY|OCCIDENTAL PETE CORP
SELL -14.28% 22.6M $930M -26.4%
HTZ|HERTZ GLOBAL HLDGS INC
BUY +4.85% 43.9M $692M
FCX|FREEPORT-MCMORAN INC
SELL -21.68% 26.8M $351M
2019-Q3
IEP|ICAHN ENTERPRISES LP
BUY +2.98% 190.8M $12.3B
OXY|OCCIDENTAL PETE CORP
SELL -20.79% 26.3M $1.2B -15.1%
LNG|CHENIERE ENERGY INC
SELL -9.27% 19.6M $1.2B
CZREUR|CAESARS ENTMT CORP
BUY +15.11% 114.3M $1.3B
7HP|HP INC
BUY NEW 62.9M $1.2B
XRXCHF|XEROX CORP
SELL EXIT
XRX|XEROX HOLDINGS CORP
BUY NEW 23.5M $702M
HTZ|HERTZ GLOBAL HLDGS INC
BUY +72.67% 41.9M $580M
FCX|FREEPORT-MCMORAN INC
SELL -22.63% 34.2M $327M
CLDR|CLOUDERA INC
BUY NEW 54.8M $485M
CNDT|CONDUENT INC
BUY +20.59% 38.1M $237M
2019-Q2
IEP|ICAHN ENTERPRISES LP
BUY +5.64% 185.3M $13.4B
OXY|OCCIDENTAL PETE CORP
BUY NEW 33.2M $1.7B
LNG|CHENIERE ENERGY INC
SELL -1.80% 21.6M $1.5B
FCX|FREEPORT-MCMORAN INC
SELL -0.17% 44.2M $513M
FANG|DIAMONDBACK ENERGY INC
SELL EXIT -6.9%
CNDT|CONDUENT INC
BUY +59.73% 31.6M $303M
2019-Q1
LNG|CHENIERE ENERGY INC
SELL -5.99% 22.0M $1.5B
CZREUR|CAESARS ENTMT CORP
BUY NEW 99.3M $862M
DELL|DELL TECHNOLOGIES INC
SELL EXIT -0.6%
FANG|DIAMONDBACK ENERGY INC
SELL -16.70% 5.2M $527M -8.4%
FCX|FREEPORT-MCMORAN INC
SELL -11.77% 44.3M $570M
HTZ|HERTZ GLOBAL HLDGS INC
SELL -17.09% 24.3M $421M
CVR REFNG LP
SELL EXIT
MTW|MANITOWOC CO INC
SELL EXIT
2018-Q4
IEP|ICAHN ENTERPRISES LP
BUY +2.72% 175.4M $10.0B
DELL|DELL TECHNOLOGIES INC
SELL EXIT +8.7%
NWL|NEWELL BRANDS INC
BUY +6.25% 41.1M $764M
GEN|ENERGEN CORP
SELL EXIT -4.5%
DELL|DELL TECHNOLOGIES INC
BUY NEW 12.8M $625M
FANG|DIAMONDBACK ENERGY INC
BUY NEW 6.2M $577M
AROC|AMERICAN RAILCAR INDS INC
SELL EXIT
AMTX|AMTRUST FINL SVCS INC
SELL EXIT -45.4%
TEN1|TENNECO INC
BUY NEW 5.7M $155M
VMWEUR|VMWARE INC
SELL EXIT
MTW|MANITOWOC CO INC
SELL -5.04% 1.6M $24M
2018-Q3
IEP|ICAHN ENTERPRISES LP
BUY +2.64% 170.8M $12.1B
LNG|CHENIERE ENERGY INC
SELL -1.27% 23.4M $1.6B
NWL|NEWELL BRANDS INC
BUY +16.24% 38.7M $786M
DELL|DELL TECHNOLOGIES INC
BUY +269.73% 8.8M $856M
GEN|ENERGEN CORP
BUY +47.54% 7.7M $661M
VMWEUR|VMWARE INC
SELL -81.48% 421.4K $66M
CI|CIGNA CORPORATION
SELL EXIT +7.5%
2018-Q2
IEP|ICAHN ENTERPRISES LP
BUY +5.38% 166.4M $11.8B
HLF|HERBALIFE LTD
BUY +54.02% 35.2M $1.9B
LNG|CHENIERE ENERGY INC
SELL -27.54% 23.7M $1.5B
NWL|NEWELL BRANDS INC
BUY +9.95% 33.3M $859M
GEN|ENERGEN CORP
BUY NEW 5.2M $378M
VMWEUR|VMWARE INC
BUY NEW 2.3M $334M
AMTX|AMTRUST FINL SVCS INC
BUY NEW 18.4M $268M
DELL|DELL TECHNOLOGIES INC
BUY NEW 2.4M $202M
CI|CIGNA CORPORATION
BUY NEW 503.4K $86M
2018-Q1
ANG-PD|AMERICAN INTL GROUP INC
SELL EXIT
FCX|FREEPORT-MCMORAN INC
SELL -34.99% 50.2M $881M
NWL|NEWELL BRANDS INC
BUY NEW 30.3M $772M
XRXCHF|XEROX CORP
SELL -5.26% 23.5M $675M
PYPL|PAYPAL HLDGS INC
SELL EXIT
MTW|MANITOWOC CO INC
SELL -36.27% 1.7M $48M

Closed Positions for Icahn Capital Management

Stock Click to search
Held Period Cost Basis Sale Proceeds Realized Gain Return CAGR
BHC|Bausch Health Companies Inc.
2020-Q4 → 2025-Q3 (4.7y) $1.0B $236.5M $-773.8M -76.6% -26.4%
DAN|Dana Inc.
2020-Q4 → 2025-Q2 (4.5y) $299.7M $229.6M $-70.1M -23.4% -5.8%
ILMN|Illumina Inc.
2023-Q1 → 2025-Q2 (2.2y) $106.5M $73.7M $-32.8M -30.8% -15.2%
FE|FirstEnergy Corp
2021-Q1 → 2024-Q1 (3.0y) $615.8M $708.0M $+92.2M +15.0% +4.8%
NWL|Newell Brands, Inc
2018-Q1 → 2024-Q1 (6.0y) $1.1B $578.9M $-553.4M -48.9% -10.6%
CCK|Crown Holdings Inc.
2022-Q3 → 2023-Q4 (1.2y) $97.6M $86.7M $-10.9M -11.2% -9.1%
DK|Delek US Holdings, Inc.
2020-Q1 → 2022-Q2 (2.2y) $289.8M $215.1M $-74.7M -25.8% -12.4%
OXY|Occidental Petroleum Corp
2019-Q2 → 2022-Q1 (2.7y) $4.5B $3.4B $-1.1B -24.2% -9.6%
XRX|Xerox Holdings Corporation
2022-Q1 → 2021-Q3 (2.0y) $873.6M $715.7M $-157.9M -18.1% -9.5%
FANG|DIAMONDBACK ENERGY INC
2018-Q4 → 2019-Q2 (0.5y) $698.0M $648.0M $-50.0M -7.2% -13.8%
DELL|DELL TECHNOLOGIES INC
2018-Q4 → 2019-Q1 (0.2y) $349.9M $347.7M $-2.2M -0.6% -0.6%
DELL|DELL TECHNOLOGIES INC
2018-Q2 → 2018-Q4 (0.5y) $221.7M $241.0M $+19.3M +8.7% +18.2%
GEN|ENERGEN CORP
2018-Q2 → 2018-Q4 (0.5y) $165.8M $158.3M $-7.5M -4.5% -8.8%
AMTX|AMTRUST FINL SVCS INC
2018-Q2 → 2018-Q4 (0.5y) $30.0M $16.4M $-13.6M -45.4% -70.3%
CI|CIGNA CORPORATION
2018-Q2 → 2018-Q3 (0.2y) $87.0M $93.5M $+6.5M +7.5% +7.5%