Carl Icahn - Icahn Capital Management Portfolio
| Period Date | Mar 31, 2025 | |
| Filing Date | May 15, 2025 | |
| Total Stocks | 14 | |
| Portfolio Value | $7.49B |
Icahn Capital Management Strategy Analysis
Investment Strategy Metrics
Key metrics revealing investment style, risk management, and performance characteristics
| Metric | Value | Category | Description |
|---|---|---|---|
| Holding Period | 8.3 years | Style | Average duration positions are maintained |
| Position Count | 27 | Style | Number of active positions in portfolio |
| Position Size | 8.6% | Risk | Typical allocation per position |
| Win Rate | 50.1% | Performance | Percentage of profitable positions |
| Average Return | 399.4% | Performance | Mean return across positions |
| Sharpe Ratio | 0.10 | Performance | Return per unit of risk taken |
Investment Case Study: Icahn Enterprises LP (IEP)
6/30/2020 - 8/5/2025
Performance Metrics
Total Return: -75.98%
Holding Period: 1862 days
Max Position Size: $6,696,054,489.00
Position Weight: 59.08%
Key Events
6/30/2020: INCREASE(8,013,676.00 shares) @ $0.05
9/30/2020: INCREASE(8,528,504.00 shares) @ $0.05
12/31/2020: INCREASE(8,157,630.00 shares) @ $0.05
6/30/2021: INCREASE(15,896,308.00 shares) @ $0.05
9/30/2021: INCREASE(9,476,336.00 shares) @ $0.05
12/31/2021: INCREASE(9,925,154.00 shares) @ $0.05
6/30/2022: INCREASE(20,606,398.00 shares) @ $0.05
9/30/2022: INCREASE(10,902,568.00 shares) @ $0.05
12/31/2022: INCREASE(11,441,398.00 shares) @ $0.05
6/30/2023: INCREASE(34,496,953.00 shares) @ $0.03
9/30/2023: INCREASE(16,324,527.00 shares) @ $0.02
12/31/2023: INCREASE(17,060,798.00 shares) @ $0.02
6/30/2024: INCREASE(38,434,084.00 shares) @ $16.48
9/30/2024: INCREASE(26,892,947.00 shares) @ $13.52
12/31/2024: INCREASE(17,581,237.00 shares) @ $8.67
Investment Thesis
Entry Context: Initial position established based on fundamental analysis
Sector Conditions: Favorable market conditions in the sector
Risk Factors:
- Market volatility
- Sector-specific risks
Key Learnings
- Position sizing is critical for portfolio management
- Important to monitor sector exposure