Activist · CIK 0000921669

Carl Icahn

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Carl Icahn, an activist overseeing $8.45B in disclosed equity holdings (SEC CIK 0000921669). The latest portfolio (2025Q4) discloses 13 positions across 7 sectors, with the largest positions in IEP, CVI and SWX. On a mark-to-market basis the tracked portfolio has returned 11.5% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Portfolio
$8.45B
Positions
13
Quarter
2025Q4
Filings tracked
40
1Y+11.5%Since filing+49.2%Full performance →

Holdings

Sorted by value · 2023Q3
14 positions
1
IEPICAHN ENTERPRISES LPMLP
Energy·Oil & Gas Refining & Marketing
57.44%
of portfolio
Number of shares
350,819,104 sh
Holdings current value
$6.94B
Avg closing price
$38.06
-79.7%
Last action
Added 9.5%
2025Q4
Current $7.74
2
CVICVR ENERGY INC
Energy·Oil & Gas Refining & Marketing
18.79%
of portfolio
Number of shares
66,692,381 sh
Holdings current value
$2.27B
Avg closing price
$25.94
+13.5%
Last action
Added 2.9%
2025Q2
Current $29.44
3
OXY/WSOCCIDENTAL PETE CORPWT
5.90%
of portfolio
Number of shares
16,485,432 sh
Holdings current value
$713.00M
Avg closing price
$6.28
Last action
Exited
2024Q2
Current
4
SWXSOUTHWEST GAS HLDGS INC
Utilities·Utilities - Regulated Gas
5.51%
of portfolio
Number of shares
11,022,604 sh
Holdings current value
$665.88M
Avg closing price
$70.01
+30.0%
Last action
Trimmed 12.0%
2025Q3
Current $90.99
5
FEFIRSTENERGY CORP
Utilities·Utilities - Regulated Electric
3.99%
of portfolio
Number of shares
14,090,778 sh
Holdings current value
$481.62M
Avg closing price
$34.69
+44.4%
Last action
Exited
2024Q1
Current $50.10
6
BHCBAUSCH HEALTH COS INC
Healthcare·Drug Manufacturers - Specialty & Generic
2.36%
of portfolio
Number of shares
34,721,118 sh
Holdings current value
$285.41M
Avg closing price
$30.08
-80.4%
Last action
Exited
2025Q3
Current $5.90
7
DANDANA INC
Consumer Cyclical·Auto Parts
1.73%
of portfolio
Number of shares
14,286,505 sh
Holdings current value
$209.58M
Avg closing price
$22.66
+63.6%
Last action
Exited
2025Q2
Current $37.06
8
CNDTCONDUENT INC
Technology·Information Technology Services
1.10%
of portfolio
Number of shares
38,149,336 sh
Holdings current value
$132.76M
Avg closing price
$12.75
-87.2%
Last action
Exited
2024Q2
Current $1.63
9
CCKCROWN HLDGS INC
Consumer Cyclical·Packaging & Containers
0.76%
of portfolio
Number of shares
1,040,100 sh
Holdings current value
$92.03M
Avg closing price
$81.03
+32.2%
Last action
Exited
2023Q4
Current $107.15
10
SDSANDRIDGE ENERGY INC
Energy·Oil & Gas E&P
0.62%
of portfolio
Number of shares
4,818,832 sh
Holdings current value
$75.46M
Avg closing price
$20.91
-31.2%
Last action
Added 0.9%
2025Q4
Current $14.38
11
BLCOBAUSCH PLUS LOMB CORP
Healthcare·Medical Instruments & Supplies
0.49%
of portfolio
Number of shares
3,500,000 sh
Holdings current value
$59.33M
Avg closing price
$15.24
+10.4%
Last action
New holding
2022Q2
Current $16.82
12
ILMNILLUMINA INC
Healthcare·Diagnostics & Research
0.49%
of portfolio
Number of shares
430,000 sh
Holdings current value
$59.03M
Avg closing price
$107.20
+25.5%
Last action
Exited
2025Q2
Current $134.50
13
NWLNEWELL BRANDS INC
Consumer Defensive·Household & Personal Products
0.44%
of portfolio
Number of shares
5,940,744 sh
Holdings current value
$53.65M
Avg closing price
$23.76
-81.8%
Last action
Exited
2024Q1
Current $4.33
14
IFFINTERNATIONAL FLAVORS&FRAGRA
Basic Materials·Specialty Chemicals
0.36%
of portfolio
Number of shares
644,510 sh
Holdings current value
$43.94M
Avg closing price
$86.99
-12.8%
Last action
Trimmed 42.4%
2025Q4
Current $75.88

Portfolio heatmap

Box size = % of portfolio · color = return since filing

Sector exposure

Share of dollar value across the latest reported portfolio. Unclassified positions excluded.
(5.9% unclassified, excluded from %)