Icahn Capital

Q3 2022 13F · by Carl Icahn, founder

As of: Sep 30, 2022
Filed: Nov 14, 2022
US stock: $21.2B · prev $20.9B
Positions: 17 · prev 16
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves7 since the prior filing

+6.8 pp in · −3.2 pp out

New 2 +2.99 pp
Added 3 +3.80 pp
Trimmed 1 −1.93 pp
Exited 1 −1.27 pp

The book

Very concentrated · behaves like 2 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Low turnover · 16% a year, about 6.3 years per position

Low
Moderate
High

Top 5 positions86% of US stock

IEP Icahn Enterprises L.P added+3.46 pp added+3.4667.5%
CVI Cvr Energy, Inc. held held9.7%
FE FirstEnergy Corp. held held3.3%
OXY/WS Occidental Petroleum Corporation Warrants to Purchase added+0.30 pp added+0.303.0%
TWTR Twitter, Inc. new+2.59 pp new+2.592.6%

Positions17 in this filing · 1 exited


IEPIcahn Enterprises L.P	67.52%	288,556,226	$14.3B	added+4%	+3.46 pp	38 q
CVICvr Energy, Inc.	9.72%	71,198,718	$2.1B	held	—	38 q
FEFirstEnergy Corp.	3.31%	18,967,757	$702M	held	—	7 q
OXY/WSOccidental Petroleum Corporation Warrants to Purchase	3.01%	16,116,069	$639M	added+6%	+0.30 pp	9 q
TWTRTwitter, Inc.	2.59%	12,531,573	$549M	new	+2.59 pp	new
SWXSouthwest Gas Holdings, Inc.	2.17%	6,611,630	$461M	added+30%	+0.04 pp	5 q
NWLNewell Brands Inc.	2.16%	33,070,432	$459M	held	—	19 q
XRXXerox Holdings Corporation	2.11%	34,245,314	$448M	held	—	3 q
HRIHerc Holdings Inc.	1.97%	4,022,841	$418M	held	—	26 q
LNGCheniere Energy Inc	1.65%	2,111,613	$350M	trimmed−62%	−1.93 pp	30 q
BHCBausch Health Companies Inc	1.13%	34,721,118	$239M	held	—	8 q
DANDana Incorporated	0.77%	14,286,505	$163M	held	—	8 q
CNDTConduent Incorporated	0.60%	38,149,336	$127M	held	—	23 q
CCKCrown Holdings Inc.	0.40%	1,040,000	$84M	new	+0.40 pp	new
SDSandRidge Energy, Inc.	0.37%	4,818,832	$79M	held	—	20 q
IFFInternational Flavors & Fragrances Inc.	0.28%	644,510	$59M	held	—	3 q
BLCOBausch + Lomb Corporation	0.25%	3,500,000	$54M	held	—	2 q
MFSWelbilt Inc	—	−11,150,368	—	exited	−1.27 pp	—

Source

Form: 13F-HR
Reading: 0 defects · 0 unresolved
Accession: 0001539497-22-001801
Options: none in this filing
Notes: none in this filing
SEC cross-check: SEC data set not published yet