Carl Icahn's Portfolio Dominated by Energy and Utilities

Carl Icahn's Portfolio Dominated by Energy and Utilities

As of 2025-09-30, Carl Icahn's portfolio is heavily weighted towards Energy and Utilities, with total allocations exceeding $4.78 billion in Energy alone.

• Energy Sector Allocation: Icahn Enterprises LP (IEP) holds the largest position at 47.8% of the portfolio, valued at $4.37 billion.
• Utilities Sector Allocation: Southwest Gas Holdings Inc. (SWX) contributes approximately 5.17% with a value of $472 million.
• Technology Sector Allocation: EchoStar Corporation (SATS) holds about 3.64% at $333 million.
• Basic Materials Sector Allocation: CVR Energy Inc. (CVI) and International Flavors and Fragrances Inc. (IFF) each contribute around 2.81% and 3.2%, totaling $506 million.
• Notable Changes: CVI saw a significant increase of 4,88% with a rise in shares by 2.41 million units, while IEP's shares increased by 241,493,25 units or 4.88%. Other holdings like UAN and SATS showed minimal changes.
• Strategy Insight: The portfolio reflects a strategic focus on Energy and Utilities, with allocations to emerging sectors like Technology and Basic Materials supporting growth potential.

Investor Carl Icahn's investment strategy emphasizes diversification across key sectors while maintaining a strong presence in high-growth areas such as Energy and Utilities. This approach aligns with his goal of maximizing returns through strategic asset allocation.