Carl Icahn - Icahn Capital Management 13F Activity & Position Changes (Q3 2025)
According to the SEC 13F filed on Nov 14, 2025, the Icahn Capital Management portfolio showed several notable changes in holdings as of quarter-end Sep 30, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q3 2025, the filing reported:
New Buys - Monro, Inc., EchoStar Corporation
Increases - Centuri Holdings, Inc., Icahn Enterprises L.P. - Deposi, International Flavors & Fragran, SandRidge Energy, Inc.
Reductions - Southwest Gas Holdings, Inc.
Complete Exits - Bausch Health Companies Inc.
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Type | Change Qty |
|---|---|---|---|
|
Q3 2025
|
BHC
Bausch Health Companies Inc.
|
Sell - Position Exit |
-34,721,118
|
|
Q3 2025
|
CTRI
Centuri Holdings, Inc.
|
Buy |
+4,443,795
|
|
Q3 2025
|
IEP
Icahn Enterprises L.P. - Deposi
|
Buy |
+24,149,325
|
|
Q3 2025
|
IFF
International Flavors & Fragran
|
Buy |
+1,000,000
|
|
Q3 2025
|
MNRO
Monro, Inc.
|
Buy - Position Entry |
+1,465,000
|
|
Q3 2025
|
SATS
EchoStar Corporation
|
Buy - Position Entry |
+4,354,542
|
|
Q3 2025
|
SD
SandRidge Energy, Inc.
|
Buy |
+51,401
|
|
Q3 2025
|
SWX
Southwest Gas Holdings, Inc.
|
Sell |
-1,500,000
|