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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 18 rows. Rows without a quote are marked unavailable.

1IEPIcahn Enterprises LP56.01%Add +3.8%221,749,462$11.24B$50.6752w: $34.00 - $69.10; reported $50.67
2OXYOccidental Petroleum Corp7.65%-88,627,271$1.53B$17.3152w: $8.52 - $47.58; reported $17.31
3CVICVR Energy Inc5.29%-71,198,718$1.06B$14.9052w: $9.81 - $40.86; reported $14.90
4HLFHerbalife Ltd4.91%-20,505,879$985.31M$48.0552w: $20.73 - $52.89; reported $48.05
5LNGCheniere Energy Inc4.84%Reduce -19.7%16,168,606$970.6MNo quoteNo quote
6NWLNewell Brands, Inc4.63%-43,704,616$927.85M$21.2352w: $10.44 - $22.09; reported $21.23
7NAVNavistar International Corporation3.67%-16,729,960$735.45MNo quoteNo quote
8CLDRCloudera Inc3.63%-52,327,391$727.87MNo quoteNo quote
9XRXXerox Holdings Corporation3.33%Add +1.1%27,769,235$667.16M$24.0352w: $14.22 - $38.69; reported $24.03
10HRIHerc Holdings Inc1.49%-4,494,789$298.5M$66.4152w: $11.81 - $67.32; reported $66.41
11CNDTConduent Inc0.91%-38,149,336$183.12M$4.8052w: $1.54 - $6.29; reported $4.80
12DKDelek US Holdings, Inc.0.84%-10,539,880$169.38MNo quoteNo quote
13WBTWelbilt Inc0.79%-11,942,238$157.64MNo quoteNo quote
14OXY/WSOccidental Petroleum Corp WarrantsCUSIP 6745991620.66%-19,304,913$131.47MNo quoteNo quote
15BHCBausch Health Companies Inc0.52%New5,033,147$104.69M$20.8052w: $11.15 - $30.39; reported $20.80
16DANDana Inc.0.39%New3,985,820$77.8MNo quoteNo quote
17TENTenneco Inc (Class A)0.39%Reduce -20.3%7,285,683$77.23MNo quoteNo quote
18SDSandRidge Energy, Inc.0.07%-4,818,832$14.94M$3.1052w: $0.70 - $4.41; reported $3.10