Carl Icahn · quarter digest

What Carl Icahn did in Q2 2025

Icahn Enterprises filed 3 moves in Q2 2025: 0 new, 1 add, 1 trim, 1 exit.

13F filed 2025-08-14. Manager quality score: q8. Philosophy: Buy undervalued, force change, exit at fair value.

Adds · 1

Adding to conviction

IEPIcahn Enterprises LP

ADD +10%·50.5% book·0

Trims · 1

TRIM -20%·5.6% book·+22

“Starting the Occidental pullback.”

Exits · 1

DANADana Inc.

EXIT·0.0% book·−5

Current top holdings

#	Ticker	Weight	Conviction
1	IEP Icahn Enterprises (own)	65.0%	0
2	CVI CVR Energy	14.2%	+1
3	OXY Occidental Petroleum	4.8%	+22
4	BHC Bausch Health	4.1%	0
5	FE FirstEnergy	3.6%	−9
6	DNUT Krispy Kreme	2.4%	−4

Other quarters for Carl Icahn

Not investment advice. Data from 13F filings with HoldLens parsing. Methodology.