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Carl Icahn portfolio: holdings and latest trades

The stocks Icahn Enterprises reported in its latest 13F filing, for Q2 2026: 12 positions worth about $8.3B, what was bought and sold in the quarter, and who Icahn is.

Data updated August 14, 2026 (13F for Q2 2026)

13F portfolio value
$8.3B
Positions
12
Top 10 holdings
99%
Change in value vs previous quarter
−3.5%

Carl Icahn top holdings (Q2 2026)

#Stock% of portfolioValueLast quarter
1IEP Icahn Enterprises Lp54.0%$4.5BAdded 13%
2CVI Cvr Energy Inc23.7%$2.0BUnchanged
3UAN Cvr Partners Lp5.6%$464MUnchanged
4CTRI Centuri Holdings Inc5.2%$434MUnchanged
5IFF Intl Flavors & Fragrances4.1%$339MUnchanged
6ECHO Echostar Corp-A1.7%$143MUnchanged
7JBLU Jetblue Airways Corp1.4%$118MTrimmed 39%
8MNRO Monro Inc1.1%$87MUnchanged
9CZR Caesars Entertainment Inc0.9%$74MUnchanged
10SD Sandridge Energy Inc0.8%$69MAdded 2%
11AEP American Electric Power0.7%$59MTrimmed 64%
12BLCO Bausch + Lomb Corp0.7%$58MUnchanged

What Icahn bought and sold in Q2 2026

Bought or added

  • IEP Icahn Enterprises LpAdded 13%
  • SD Sandridge Energy IncAdded 2%

Sold or reduced

  • AEP American Electric PowerTrimmed 64%
  • JBLU Jetblue Airways CorpTrimmed 39%

Changes in number of shares against the 13F for the previous quarter (Q1 2026), largest first.

Who is Carl Icahn

Role
Activist investor, controlling shareholder of Icahn Enterprises
Fund
Icahn Enterprises
Investment style
Activist: large stakes to force changes in strategy, boards or capital returns.
Known for
1980s corporate raids, including TWA

Carl Icahn became one of the most feared corporate raiders of the 1980s, with campaigns such as the takeover of the airline TWA in 1985. He later turned to shareholder activism, buying large stakes and pushing for buybacks, spin-offs or board changes.

His holdings are run through Icahn Enterprises, a listed partnership, and his 13F shows a short list of large positions, several of them held for many years.

  • •1980s corporate raids, including TWA
  • •Activist campaigns at large US companies
  • •A small number of very large stakes

How to read 13F data

A 13F filing lists the US-listed stocks, ETFs and some options a manager held at the end of a quarter. It is filed up to 45 days after the quarter ends, so positions may have changed since. It does not show short positions, bonds, cash, foreign-listed shares or private investments, so for many funds it is only part of the picture.

Questions

What stocks does Carl Icahn own?

According to the 13F filing of Icahn Enterprises for Q2 2026 (period ending June 30, 2026), the largest holdings were Icahn Enterprises Lp (IEP) 54.0%, Cvr Energy Inc (CVI) 23.7%, Cvr Partners Lp (UAN) 5.6%, Centuri Holdings Inc (CTRI) 5.2%, Intl Flavors & Fragrances (IFF) 4.1%, out of 12 positions worth about $8.3B.

What did Icahn buy and sell last quarter?

New or larger positions in Q2 2026: IEP, SD. Sold or reduced: AEP, JBLU. Changes are measured in shares against the previous quarter’s filing.

How up to date is Icahn Enterprises’s portfolio?

13F filings are due within 45 days after each quarter ends. This page shows the filing made on August 14, 2026 for the quarter ended June 30, 2026; the fund may have traded since.

What does a 13F filing leave out?

A 13F filing lists the US-listed stocks, ETFs and some options a manager held at the end of a quarter. It is filed up to 45 days after the quarter ends, so positions may have changed since. It does not show short positions, bonds, cash, foreign-listed shares or private investments, so for many funds it is only part of the picture.

Other famous investors

Source: SEC Form 13F-HR filings via EDGAR. Holdings are as reported by the manager for the quarter shown and may have changed since. Educational content, not investment advice: MEDGE Capital does not recommend buying or selling any security. Risk disclaimer.