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Icahn Capital

Superinvestor

Icahn Carl C

SEC CIK
0000921669
Manager
Carl Icahn
Style
Activist
Latest filing
Aug 14, 2026

Holdings in Q3 2025

Holdings as of Sep 30, 2025, filed Nov 14, 2025. Long positions only; changes compare share counts with Q2 2025.

Institution overview
Positions
13
+1 vs. Q2 2025
Portfolio value
$9.14B
+$1.26B (+15.9%) vs. Q2 2025
Filed
Nov 14, 2025
SEC
Holdings of Icahn Capital in Q3 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
IEPIcahn Enterprises L.P.DEPOSITARY UNIT518,932,944$4.37B47.8%+24,149,325+4.9%AddedHistory
CVICVR Energy IncCOM70,418,471$2.57B28.1%00.0%UnchangedHistory
SWXSouthwest Gas Holdings, Inc.COM6,032,604$472.6M5.2%−1,500,000−19.9%ReducedHistory
UANCVR Partners, LPCOM4,164,274$375.3M4.1%00.0%UnchangedHistory
ECHOEchoStar CORPCL A4,354,542$332.5M3.6%+4,354,542NewHistory
IFFInternational Flavors & Fragrances IncCOM4,750,000$292.3M3.2%+1,000,000+26.7%AddedHistory
CTRICenturi Holdings, Inc.COM SHS10,847,672$229.6M2.5%+4,443,795+69.4%AddedHistory
JBLUJetBlue Airways CorpCOM33,621,735$165.4M1.8%00.0%UnchangedHistory
AEPAmerican Electric Power Co IncStock1,205,300$135.6M1.5%00.0%UnchangedHistory
CZRCaesars Entertainment, Inc.COM2,440,109$65.9M0.7%00.0%UnchangedHistory
SDSandridge Energy IncCOM NEW4,870,233$54.9M0.6%+51,401+1.1%AddedHistory
BLCOBausch & Lomb CorpCOMMON SHARES3,500,000$52.7M0.6%00.0%UnchangedHistory
MNROMonro, Inc.COM1,465,000$26.3M0.3%+1,465,000NewHistory

Sold out since Q2 2025 (1)

Positions held at the end of Q2 2025 that are gone from this filing.

Positions of Icahn Capital sold out since Q2 2025
SecurityClassShares in Q2 2025Value in Q2 2025% of portfolio in Q2 2025History
BHCBausch Health Companies Inc.Stock34,721,118$231.2M2.9%History