Carl Icahn - Icahn Capital Management Portfolio Holdings
As of Jun 30, 2025, the Icahn Capital Management portfolio holdings is valued at approximately $7,886,564,146.00 featuring 12 publicly traded holdings. This in-depth profile highlights the top investments led by Icahn Enterprises LP (IEP), CVR Energy Inc (CVI), Southwest Gas Holdings Inc. (SWX), CVR Partners, LP (UAN), and others based on the company's latest SEC filings reported on Aug 14, 2025. Explore insights into portfolio composition, sector allocation, and recent trade activity.
Icahn Capital Management's stock portfolio spans 12 holdings across 6 sectors, with a total market value of $7,886,564,146.00. The Energy sector represents the largest allocation, while the top holdings account for nearly 99% of the total portfolio value. Icahn Enterprises LP remains the single largest position at 50.5% of all equity investments.
Complete Holdings
Showing 12 of 12 holdings.
| # | Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|---|
| 1 | Icahn Enterprises LP | IEP | Energy | 50.47% | 494,783,619 | +43,995,449 | +9.76% | $3,980,534,216.00 |
| 2 | CVR Energy Inc | CVI | Energy | 23.97% | 70,418,471 | +1,884,201 | +2.75% | $1,890,735,946.00 |
| 3 | Southwest Gas Holdings Inc. | SWX | Utilities | 7.11% | 7,532,604 | - | - | $560,350,412.00 |
| 4 | CVR Partners, LP | UAN | Basic Materials | 4.69% | 4,164,274 | +65,119 | +1.59% | $369,954,102.00 |
| 5 | International Flavors and Fragrances Inc. | IFF | Basic Materials | 3.50% | 3,750,000 | - | - | $275,812,500.00 |
| 6 | Bausch Health Companies Inc. | BHC | Healthcare | 2.93% | 34,721,118 | - | - | $231,242,646.00 |
| 7 | Centuri Holdings, Inc. | CTRI | Utilities | 1.82% | 6,403,877 | +3,917,382 | +157.55% | $143,703,000.00 |
| 8 | JetBlue Airways Corp. | JBLU | Industrials | 1.80% | 33,621,735 | - | - | $142,219,939.00 |
| 9 | American Electric Power Company | AEP | Utilities | 1.59% | 1,205,300 | - | - | $125,061,928.00 |
| 10 | Caesars Entertainment, Inc. | CZR | Consumer Cyclical | 0.88% | 2,440,109 | - | - | $69,274,695.00 |
| 11 | SandRidge Energy, Inc. | SD | Energy | 0.66% | 4,818,832 | - | - | $52,139,762.00 |
| 12 | Bausch Plus Lomb Corp. | BLCO | Healthcare | 0.58% | 3,500,000 | - | - | $45,535,000.00 |
Holdings by Sector
| Sector | Allocation | Value |
|---|---|---|
| Energy | 75.11% | $5,923,409,924.00 |
| Utilities | 10.51% | $829,115,340.00 |
| Basic Materials | 8.19% | $645,766,602.00 |
| Healthcare | 3.51% | $276,777,646.00 |
| Industrials | 1.80% | $142,219,939.00 |
| Consumer Cyclical | 0.88% | $69,274,695.00 |
Portfolio insights
As of Jun 30, 2025, the Icahn Capital Management portfolio holds 12 securities valued at $7,886,564,146.00. The Energy sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.