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HoldLens
Carl Icahn · quarter digest

What Carl Icahn did in Q4 2025

Icahn Enterprises filed 2 moves in Q4 2025: 0 new, 1 add, 1 trim, 0 exit.

13F filed 2026-02-14. Manager quality score: q8. Philosophy: Buy undervalued, force change, exit at fair value.

Adds · 1

Adding to conviction

ADD +22%·2.9% book·+6

Adding to the Krispy Kreme recovery play.

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Trims · 1

Taking chips off

TRIM -12%·4.2% book·+33

Continued Occidental trim.

Current top holdings

Carl Icahn’s book, latest snapshot

#TickerWeight
1IEP
Icahn Enterprises (own)
65.0%
2CVI
CVR Energy
14.2%
3OXY
Occidental Petroleum
4.8%
4BHC
Bausch Health
4.1%
5FE
FirstEnergy
3.6%
6DNUT
Krispy Kreme
2.4%

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