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Carl Icahn - Icahn Capital Management

As of Q2 2026, Carl Icahn reported 12 long-equity positions worth $8.26B in aggregate.

Copy-investor backtest

Latest quarter
-4.57%
1-year
+0.89%
3-year
-44.89%
5-year
-65.02%
3-year vs S&P 500
-118.13%
5-year vs S&P 500
-139.11%
5-year top 5
-68.94%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Updated 2026-06-06 from SEC 13F data.

Live quotes available for 10 of 19 rows. Rows without a quote are marked unavailable.

1IEPIcahn Enterprises LP50.41%Add +4.1%205,063,328$9.94B$48.4952w: $34.00 - $69.10; reported $48.49
2OXYOccidental Petroleum Corp8.22%-88,627,271$1.62B$18.3052w: $9.00 - $47.58; reported $18.30
3HLFHerbalife Ltd8.03%-35,227,904$1.58B$44.9852w: $20.73 - $48.01; reported $44.98
4CVICVR Energy Inc7.26%-71,198,718$1.43B$20.1152w: $13.81 - $40.86; reported $20.11
5CZRCaesars Entertainment Corp7.03%-114,250,942$1.39B$12.1352w: $6.02 - $70.74; reported $12.13
6LNGCheniere Energy Inc5.10%Add +3.3%20,820,229$1.01BNo quoteNo quote
7NWLNewell Brands, Inc3.52%-43,704,616$694.03M$15.8852w: $10.44 - $20.80; reported $15.88
8CLDRCloudera Inc3.37%Reduce -4.5%52,327,391$665.6MNo quoteNo quote
9NAVNavistar International Corporation2.39%-16,729,960$471.79MNo quoteNo quote
10XRXXerox Holdings Corporation1.82%-23,456,087$358.64M$15.2952w: $14.22 - $38.69; reported $15.29
11DKDelek US Holdings, Inc.0.93%-10,539,880$183.5MNo quoteNo quote
12HRIHerc Holdings Inc0.70%-4,494,789$138.13M$30.7352w: $11.81 - $49.63; reported $30.73
13CNDTConduent Inc0.46%-38,149,336$91.18M$2.3952w: $1.54 - $6.29; reported $2.39
14WBTWelbilt Inc0.37%-11,942,238$72.73MNo quoteNo quote
15TENTenneco Inc (Class A)0.35%Add +61.7%9,136,392$69.07MNo quoteNo quote
16SDSandRidge Energy, Inc.0.03%-4,818,832$6.22M$1.2952w: $0.70 - $4.41; reported $1.29
19HPQHP Inc-Sold0$0No quoteNo quote
18HTZHertz Rental Car Holding Co-Sold0$0No quoteNo quote
17FCXFreeport-McMoran Inc-Sold0$0No quoteNo quote