Icahn Carl C 13F annual report
Icahn Carl C is an investment fund managing more than $10.9 billion ran by Jesse Lynn. There are currently 14 companies in Mr. Lynn’s portfolio. The largest investments include Icahn Enterprises Lp and CVR Inc, together worth $8.34 billion.
$10.9 billion Assets Under Management (AUM)
As of 7th February 2024, Icahn Carl C’s top holding is 367,879,902 shares of Icahn Enterprises Lp currently worth over $6.32 billion and making up 57.9% of the portfolio value.
In addition, the fund holds 66,692,381 shares of CVR Inc worth $2.02 billion, whose value fell 2.5% in the past six months.
The third-largest holding is Southwest Gas Inc worth $698 million and the next is Occidental Petroleum Corp Wts worth $642 million, with 16,485,432 shares owned.
Currently, Icahn Carl C's portfolio is worth at least $10.9 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Icahn Carl C
The Icahn Carl C office and employees reside in Sunny Isles Beach, Florida. According to the last 13-F report filed with the SEC, Jesse Lynn serves as the Attorney-In-Fact at Icahn Carl C.
Recent trades
In the most recent 13F filing, Icahn Carl C revealed that it had opened a new position in
American Electric Power and bought 1,205,300 shares worth $97.9 million.
This means they effectively own approximately 0.1% of the company.
American Electric Power makes up
9.7%
of the fund's Utilities sector allocation and has decreased its share price by 12.9% in the past year.
The investment fund also strengthened its position in Icahn Enterprises Lp by buying
90,226,244 additional shares.
This makes their stake in Icahn Enterprises Lp total 367,879,902 shares worth $6.32 billion.
On the other hand, there are companies that Icahn Carl C is getting rid of from its portfolio.
Icahn Carl C closed its position in Cheniere on 14th February 2024.
It sold the previously owned 5,611,613 shares for $747 million.
Jesse Lynn also disclosed a decreased stake in CVR Inc by approximately 0.1%.
This leaves the value of the investment at $2.02 billion and 66,692,381 shares.
One of the smallest hedge funds
The two most similar investment funds to Icahn Carl C are Bb&t Securities and Mellon Bank, N.a. They manage $10.8 billion and $11 billion respectively.
Jesse Lynn investment strategy
Icahn Carl C’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Energy — making up 19.1% of
the total portfolio value.
The fund focuses on investments in the United States as
64.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
21% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $12.4 billion.
The complete list of Icahn Carl C trades based on 13F SEC filings
These positions were updated on February 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Icahn Enterprises Lp |
32.50%
367,879,902
|
$6,323,856,000 | 57.94% |
| CVR Energy Inc |
6.33%
66,692,381
|
$2,020,779,000 | 18.52% |
| Cheniere Energy Inc. |
Closed
5,611,613
|
$746,513,000 | |
| Southwest Gas Holdings Inc |
116.00%
11,022,604
|
$698,282,000 | 6.40% |
| Occidental Petroleum Corp Wts |
7.94%
16,485,432
|
$641,778,000 | 5.88% |
| Xerox Holdings Corp |
Closed
34,245,314
|
$508,543,000 | |
| Herc Holdings Inc |
Closed
4,022,841
|
$362,659,000 | |
| Bausch Health Companies Inc |
No change
34,721,118
|
$278,463,000 | 2.55% |
| Welbilt Inc |
Closed
11,150,368
|
$265,490,000 | |
| Firstenergy Corp. |
68.96%
5,887,171
|
$215,824,000 | 1.98% |
| Dana Inc |
No change
14,286,505
|
$208,726,000 | 1.91% |
| Conduent Inc |
No change
38,149,336
|
$139,245,000 | 1.28% |
| American Electric Power Company Inc. |
Opened
1,205,300
|
$97,894,000 | 0.90% |
| Sandridge Energy Inc |
No change
4,818,832
|
$65,873,000 | 0.60% |
| Illumina Inc |
Opened
430,000
|
$59,873,000 | 0.55% |
| Bausch Plus Lomb Corp. |
No change
3,500,000
|
$59,710,000 | 0.55% |
| International Flavors And Fragrances Inc. |
No change
644,510
|
$52,186,000 | 0.48% |
| Newell Brands Inc. |
82.04%
5,940,744
|
$51,566,000 | 0.47% |
| No transactions found | |||
| Showing first 500 out of 18 holdings | |||
Hedge funds similar to Icahn Carl C
- Manning & Napier Advisors
- Ppm America Inc/il
- Advent International Corp/ma
- Precept Management
- Mithaq Capital Spc
- Newfoundland Capital Management
- Mellon Bank, N.a
- Bb&t Securities
- Eclipse Ventures
- Granite Bay Wealth Management
- Metlife Inc
- Lone Pine Capital
- Sterling Capital Management
- Future Fund