Carl Icahn’s portfolio: Icahn Capital Management 13F holdings
Quarterly SEC 13F-HR filingsCIK 0000921669Latest: Q2 2026
Q1 2020 filing in brief
In its Q1 2020 13F, filed May 15, 2020, Icahn Capital Management reported $18.0B across 19 US positions. The largest: IEP (53.0%), CVI (6.5%), HPQ (6.1%), Herbalife Ltd (5.7%), OXY (5.7%). In the quarter it opened 1 position, sold out of 0, added to 5 and trimmed 0; positions opened and sold out came to 0.8% of the portfolio's value.
Methodology
Holdings come from the manager’s Form 13F-HR filings on SEC EDGAR, with amendments applied. Values and shares are reported at quarter-end; the filing date is when the report became public. These disclosures show reported long positions and listed options, not the manager’s entire portfolio or its trades since quarter-end.
Quarterly changes compare shares with the immediately preceding quarter on file. New and exited positions appear or disappear; added and trimmed positions change their share count by more than 1%. A share change can also reflect a stock split or other corporate action.
Opened and sold out is the value of new positions plus the prior value of exited positions, divided by the average of the two quarters’ reported portfolio values. It excludes changes to positions still held. Reported value growth includes price changes and is not a measure of investment performance. Largest-five and largest-ten weights exclude options.
Holdings
Filed May 15, 2020
- 1 New
- 5 Added
- 0 Trimmed
- 0 Exited
19 positions at March 31, 2020. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | IEP | Icahn Enterprises LP | $9.5B | 197.0M | 53.00% | 0.0% | Held |
| 2 | CVI | CVR Energy Inc | $1.2B | 71.2M | 6.54% | 0.0% | Held |
| 3 | HPQ | HP Inc | $1.1B | 62.9M | 6.07% | 0.0% | Held |
| 4 | — | Herbalife Ltd | $1.0B | 35.2M | 5.71% | 0.0% | Held |
| 5 | OXY | Occidental Petroleum Corp | $1.0B | 88.6M | 5.70% | +292.6% | Added |
| 6 | CZR | Caesars Entertainment Corp | $772M | 114.3M | 4.29% | 0.0% | Held |
| 7 | LNG | Cheniere Energy Inc | $675M | 20.2M | 3.75% | +2.9% | Added |
| 8 | NWL | Newell Brands, Inc | $580M | 43.7M | 3.22% | +6.3% | Added |
| 9 | XRX | Xerox Holdings Corporation | $444M | 23.5M | 2.47% | 0.0% | Held |
| 10 | CLDR | Cloudera Inc | $431M | 54.8M | 2.40% | 0.0% | Held |
| 11 | HTZ-WEUR | Hertz Rental Car Holding Co | $342M | 55.3M | 1.90% | +26.0% | Added |
| 12 | NAV | Navistar International Corporation | $276M | 16.7M | 1.53% | 0.0% | Held |
| 13 | FCX | Freeport-McMoran Inc | $181M | 26.8M | 1.00% | 0.0% | Held |
| 14 | DK | Delek US Holdings, Inc. | $166M | 10.5M | 0.92% | — | New |
| 15 | CNDT | Conduent Inc | $93M | 38.1M | 0.52% | 0.0% | Held |
| 16 | HRI | Herc Holdings Inc | $92M | 4.5M | 0.51% | 0.0% | Held |
| 17 | MFS1EUR | Welbilt Inc | $61M | 11.9M | 0.34% | +18.4% | Added |
| 18 | TEN1 | Tenneco Inc (Class A) | $20M | 5.7M | 0.11% | 0.0% | Held |
| 19 | SD | SandRidge Energy, Inc. | $4M | 4.8M | 0.02% | 0.0% | Held |
Every quarter on file (53)
From the manager’s Form 13F-HR filings on SEC EDGAR, amendments applied. Long US positions only; not a recommendation.