Carl Icahn – Icahn Capital Management Portfolio Balances & Equity Value (Jun 30, 2025)

As of Jun 30, 2025, the Icahn Capital Management portfolio balances reported a total equity value of $7.89B across 12 publicly traded holdings. These balances reflect the most recent SEC 13F filing dated Aug 14, 2025, providing an updated snapshot of assets under management.

The portfolio balances highlight Icahn Enterprises LP (IEP) as the single largest position, accounting for 50.5% of total equity value, followed by CVR Energy Inc (CVI), Southwest Gas Holdings Inc. (SWX), CVR Partners, LP (UAN), and others. Collectively, the top five holdings represent 89.7% of the portfolio, showing how capital is distributed among core positions and long-term investments.