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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 11 of 18 rows. Rows without a quote are marked unavailable.

1IEPIcahn Enterprises LP54.81%Add +4.0%247,122,106$12.34B$49.9552w: $48.70 - $69.10; reported $49.95
2LNGCheniere Energy Inc7.01%-16,168,606$1.58BNo quoteNo quote
3OXYOccidental Petroleum Corp5.91%Reduce -8.4%45,000,346$1.33B$29.5852w: $8.52 - $33.50; reported $29.58
4CVICVR Energy Inc5.27%-71,198,718$1.19B$16.6652w: $9.81 - $27.02; reported $16.66
5NWLNewell Brands, Inc4.30%-43,704,616$967.62M$22.1452w: $16.57 - $30.10; reported $22.14
6BHCBausch Health Companies Inc.4.22%-34,109,152$949.94M$27.8552w: $15.27 - $34.80; reported $27.85
7CLDRCloudera Inc3.71%-52,327,391$835.67MNo quoteNo quote
8HRIHerc Holdings Inc3.26%-4,494,789$734.72M$163.4652w: $39.00 - $170.41; reported $163.46
9FEFirstEnergy Corp3.00%-18,967,757$675.63M$35.6252w: $26.17 - $39.94; reported $35.62
10XRXXerox Holdings Corporation2.79%-31,142,681$628.15M$20.1752w: $17.05 - $26.96; reported $20.17
11DANDana Inc.1.41%Add +18.7%14,286,505$317.73MNo quoteNo quote
12WBTWelbilt Inc1.15%-11,150,368$259.14MNo quoteNo quote
13CNDTConduent Inc1.12%-38,149,336$251.4M$6.5952w: $3.05 - $8.50; reported $6.59
14OXY/WSOccidental Petroleum Corp WtsCUSIP 6745991620.80%Reduce -21.4%15,170,929$179.78MNo quoteNo quote
15DKDelek US Holdings, Inc.0.60%-7,461,625$134.09MNo quoteNo quote
16SWXSouthwest Gas Holdings Inc.0.38%New1,269,350$84.89M$66.8852w: $57.00 - $75.00; reported $66.88
17SDSandRidge Energy, Inc.0.28%-4,818,832$62.69M$13.0152w: $1.55 - $14.22; reported $13.01
18NAVNavistar International Corporation-Sold0$0No quoteNo quote