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 · 2024Q4
14 positions
1
IEPICAHN ENTERPRISES LPMLP
Energy·Oil & Gas Refining & Marketing
52.71%
of portfolio
Number of shares
450,788,170 sh
Holdings current value
$3.91B
Avg closing price
$38.06
-79.7%
Last action
Added 7.2%
2025Q4
Current $7.74
2
CVICVR ENERGY INC
Energy·Oil & Gas Refining & Marketing
16.85%
of portfolio
Number of shares
66,692,381 sh
Holdings current value
$1.25B
Avg closing price
$25.94
+13.5%
Last action
Added 2.9%
2025Q2
Current $29.44
3
SWXSOUTHWEST GAS HLDGS INC
Utilities·Utilities - Regulated Gas
9.19%
of portfolio
Number of shares
9,632,604 sh
Holdings current value
$681.12M
Avg closing price
$70.01
+30.0%
Last action
Trimmed 13.5%
2025Q3
Current $90.99
4
IFFINTERNATIONAL FLAVORS&FRAGRA
Basic Materials·Specialty Chemicals
4.28%
of portfolio
Number of shares
3,750,000 sh
Holdings current value
$317.06M
Avg closing price
$86.99
-12.8%
Last action
Trimmed 11.2%
2025Q4
Current $75.88
5
UANCVR PARTNERS LPMLP
Basic Materials·Agricultural Inputs
4.17%
of portfolio
Number of shares
4,066,192 sh
Holdings current value
$308.87M
Avg closing price
$78.61
+56.4%
Last action
Added 1.6%
2025Q2
Current $122.99
6
BHCBAUSCH HEALTH COS INC
Healthcare·Drug Manufacturers - Specialty & Generic
3.77%
of portfolio
Number of shares
34,721,118 sh
Holdings current value
$279.85M
Avg closing price
$30.08
-80.4%
Last action
Exited
2025Q3
Current $5.90
7
DANDANA INC
Consumer Cyclical·Auto Parts
2.23%
of portfolio
Number of shares
14,286,505 sh
Holdings current value
$165.15M
Avg closing price
$22.66
+63.6%
Last action
Exited
2025Q2
Current $37.06
8
JBLUJETBLUE AWYS CORP
Industrials·Airlines
1.88%
of portfolio
Number of shares
17,727,029 sh
Holdings current value
$139.33M
Avg closing price
$6.19
-5.2%
Last action
Added 867.5%
2025Q1
Current $5.87
9
AEPAMERICAN ELEC PWR CO INC
Utilities·Utilities - Regulated Electric
1.50%
of portfolio
Number of shares
1,205,300 sh
Holdings current value
$111.16M
Avg closing price
$81.22
+64.6%
Last action
New holding
2023Q4
Current $133.66
10
CZRCAESARS ENTERTAINMENT INC NE
Consumer Cyclical·Resorts & Casinos
1.10%
of portfolio
Number of shares
2,440,109 sh
Holdings current value
$81.55M
Avg closing price
$39.74
-31.5%
Last action
New holding
2024Q2
Current $27.22
11
BLCOBAUSCH PLUS LOMB CORP
Healthcare·Medical Instruments & Supplies
0.85%
of portfolio
Number of shares
3,500,000 sh
Holdings current value
$63.21M
Avg closing price
$15.24
+10.4%
Last action
New holding
2022Q2
Current $16.82
12
SDSANDRIDGE ENERGY INC
Energy·Oil & Gas E&P
0.76%
of portfolio
Number of shares
4,818,832 sh
Holdings current value
$56.43M
Avg closing price
$20.91
-31.2%
Last action
Added 0.9%
2025Q4
Current $14.38
13
CTRICENTURI HOLDINGS INC
Utilities·Utilities - Regulated Gas
0.65%
of portfolio
Number of shares
2,486,495 sh
Holdings current value
$48.01M
Avg closing price
$22.06
+53.0%
Last action
Added
2025Q4
Current $33.74
14
ILMNILLUMINA INC
Healthcare·Diagnostics & Research
0.07%
of portfolio
Number of shares
40,000 sh
Holdings current value
$5.35M
Avg closing price
$107.20
+25.5%
Last action
Exited
2025Q2
Current $134.50

Portfolio heatmap

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

Sector exposure

Share of dollar value across the latest reported portfolio. Unclassified positions excluded.