Carl Icahn
Icahn Enterprises · Chairman · Net worth: ~$6B
Wall Street's most feared activist. Made his name with corporate raids in the 80s; still running plays in his late 80s.
Carl's portfolio concentration: top-1, top-5, top-10
Highly concentrated
IEPTop-5 zoneTop-10Carl's single largest bet is IEP at 48.5% of tracked positions. Conviction-concentrated — the single largest position drives most of the book.
Carl Icahn's recent 13F moves: buys, adds, trims, and exits
Every tracked 13F move — buys, adds, trims, and exits — over the last two quarters.
| Ticker | Activity | % portfolio |
|---|---|---|
| SWK | Sell (exit) | 0.00% |
| Ticker | Activity | % portfolio |
|---|---|---|
| DNUT | Add 22% Adding to the Krispy Kreme recovery play. | 2.90% |
| IEP | Add 6% | 49.10% |
| OXY | Reduce 12% Continued Occidental trim. | 4.20% |
Carl's sector breakdown
How the top 2 positions are diversified across 2 sectors. Weighted by stated portfolio percentage.
How Icahn is sized + moving
Every position classified by both portfolio weight (size bucket) and recent move activity (trend bucket). A 22% Apple position building +5% this quarter signals different intent than a 1% starter trimmed in half. Descriptive analysis of 13F filings — not recommendation.
How to read: Size bucket from current 13F-filed portfolio weight. Trend bucket from the last 2 quarters of move activity (net delta >5% in either direction = building/trimming; new = first-appearance this quarter; exit pending = trimmed >50% last quarter). Data lag: SEC 13F filings are reported 45 days after quarter-end. This is descriptive intelligence — not investment advice.
What drives the ConvictionScore on Icahn's top positions
The HoldLens ConvictionScore combines 9 factors. This table shows the per-position breakdown — exactly which factors contribute and by how much for each of Icahn's top 2 holdings. Hover any header for factor definition. Empty cells (·) = neutral (no contribution).
| Ticker | % port | Score | Smart $ | Insider | Track | Streak | Conc | Contra | Event | Dissent | Crowd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IEP | 48.5 | 0 | · | · | -10 | · | +10 | · | · | · | · |
| CVI | 28.0 | 0 | +1 | · | -3 | · | +4 | · | · | +1 | · |
Factor definitions →
- Smart $
- Manager quality × consensus (0–30)
- Insider
- Form 4 net buy/sell (-15..+20)
- Track
- Buyer 10y CAGR × concentration (-10..+20)
- Streak
- Multi-quarter compounding (0–10)
- Conc
- Biggest position size as conviction (0–10)
- Contra
- Under-the-radar bonus (0–10)
- Event
- 8-K events last 90d (-15..+5)
- Dissent
- Sells subtract, weighted ×1.6 (0–60)
- Crowd
- Too many owners = priced in (0–10)
Factors are summed (positive add, penalties subtract), then clamped to the -100/+100 range. Each factor has a maximum contribution shown in parentheses next to its name. Read positive cells as bullish contributions, negative as bearish. See /learn/conviction-score-explained for the full methodology. ConvictionScore is descriptive synthesis of public filings — not investment advice.
Who else holds what Icahn holds
Top 6 highest-conviction overlap pairs containing Carl Icahn. Each page is the full intersection of two 13F-filed portfolios.
- vs Joel Greenblatt1 shared positions · 28% joint convictionTop: CVI
- vs Warren Buffett0 shared positions · 0% joint convictionTop:
- vs Bill Ackman0 shared positions · 0% joint convictionTop:
- vs David Einhorn0 shared positions · 0% joint convictionTop:
- vs Seth Klarman0 shared positions · 0% joint convictionTop:
- vs Michael Burry0 shared positions · 0% joint convictionTop:
Carl Icahn's top 2 disclosed holdings (Q1 2026)
CVIEstimate your withholding on cross-border dividends
Estimates for educational purposes only. Tax rules change; consult a qualified tax professional for your specific situation. Dividend-tax treatment depends on holding period, account type (taxable vs. retirement), investor type (individual vs. pension vs. mutual fund), limitation-on-benefits tests, and other factors not modeled here.
Want Carl move-alerts?
One email per 13F filing. Summarizes every new position, exit, and trim.
Investors with portfolios similar to Carl Icahn
Tracked managers whose top positions overlap with Carl's portfolio.
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600px-wide iframe. Top-3 holdings + closest replicating ETF + investing-style tag. Updates when the underlying 13F filing updates. Free, attribution-only.
<iframe src="https://holdlens.com/embed/investor/carl-icahn/" width="600" height="360" frameborder="0" loading="lazy" title="Carl Icahn portfolio — HoldLens"></iframe>What Carl Icahn did, quarter by quarter
Full move-by-move breakdown for each of the last 8 filed quarters.
The Apple buyback campaign — 2013-2016 long-side activism
$3.6B position, public letter to Tim Cook, ~$2B realized gain. The cleanest SEC-filing-trail activist case in modern markets.
Frequently asked questions
Who is Carl Icahn?
Carl Icahn runs Icahn Enterprises as chairman. Wall Street's most feared activist. Made his name with corporate raids in the 80s; still running plays in his late 80s.
What fund does Carl Icahn run?
Carl Icahn is chairman of Icahn Enterprises. Icahn Enterprises files SEC Form 13F-HR quarterly with the latest disclosure dated 2026-05-15 (Q1 2026). Full holdings, share counts, dollar values, and quarter-over-quarter changes are listed below.
What does Carl Icahn invest in?
Carl Icahn's Icahn Enterprises portfolio is disclosed quarterly via SEC Form 13F-HR. Each position below shows the ticker, share count, dollar value, percentage of portfolio, and quarter-over-quarter change. Data is sourced directly from SEC filings (public-domain regulatory disclosure).
What is Carl Icahn's investment philosophy?
Carl Icahn's stated investment philosophy: "Buy undervalued, force change, exit at fair value.". Carl Icahn has been chairman of Icahn Enterprises; estimated net worth ~$6B.
What is Carl Icahn's net worth?
Carl Icahn's estimated net worth is ~$6B. Carl Icahn runs Icahn Enterprises as chairman; full 13F holdings disclosed quarterly with the SEC are listed below.
Data sourced from Icahn Enterprises 13F filings with the SEC. Approximate snapshot. Not investment advice.
Sister property: SecFilingDex — the encyclopedic reference for Form 13F (HR / NT / HR/A variants) and the regulatory citation behind every position shown above.