Carl Icahn latest 13F portfolio: 12 holdings worth $8.6B as of Q1 2026.
Backtested since 2020: mirroring Carl Icahn's reported 13F equity holdings each quarter would have returned -5.6% versus +184.6%for the S&P 500 (-0.9% annualized). See the Performance tab for the full equity curve.
Investor: Carl Icahn
Number of Assets: 12
Reporting Period: Q1 - 2026
Holdings at Report: $8,553,640,766
Return $ Since Report: -$234,805,972
Return % Since Report: -2.75%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| CVR Energy Inc. (CVI) | Equity | +1.11% | 71,201,875 | 28.01% | $33.65 | $31.20 | $2,395,943,093 | $2,221,498,500 | -$174,444,593 | -7.28% |
| CVR Partners LP (UAN) | Equity | 0% | 4,164,274 | 6.17% | $126.67 | $126.60 | $527,488,588 | $527,197,088 | -$291,500 | -0.06% |
| International Flavors & Fragrances Inc. (IFF) | Equity | 0% | 4,275,000 | 3.63% | $72.55 | $88.07 | $310,151,250 | $376,499,250 | +$66,348,000 | +21.39% |
| American Electric Power Company Inc. (AEP) | Equity | 0% | 1,205,300 | 1.85% | $131.08 | $126.47 | $157,990,724 | $152,434,291 | -$5,556,433 | -3.52% |
| Caesars Entertainment Inc. (CZR) | Equity | 0% | 2,440,109 | 0.75% | $26.43 | $30.10 | $64,492,081 | $73,447,281 | +$8,955,200 | +13.89% |
| Centuri Holdings Inc. (CTRI) | Equity | 0% | 14,336,044 | 4.90% | $29.21 | $22.23 | $418,755,845 | $318,690,258 | -$100,065,587 | -23.90% |
| Monro Inc. (MNRO) | Equity | 0% | 5,078,573 | 0.95% | $16.04 | $13.15 | $81,460,311 | $66,783,235 | -$14,677,076 | -18.02% |
| Jetblue Airways Corp. (JBLU) | Equity | 0% | 33,621,735 | 1.74% | $4.42 | $6.36 | $148,608,069 | $213,834,235 | +$65,226,166 | +43.89% |
| Sandridge Energy Inc. (SD) | Equity | +0.74% | 4,947,701 | 0.94% | $16.31 | $13.20 | $80,697,003 | $65,309,653 | -$15,387,350 | -19.07% |
| Bausch + Lomb Corp. (BLCO) | Equity | 0% | 3,500,000 | 0.65% | $15.90 | $16.76 | $55,650,000 | $58,660,000 | +$3,010,000 | +5.41% |
| Icahn Enterprises L.P. (IEP) | Equity | 0% | 549,400,539 | 48.49% | $7.55 | $7.46 | $4,147,974,070 | $4,098,528,021 | -$49,446,049 | -1.19% |
| Echostar Corp. (SATS) | Equity | -58.13% | 1,404,542 | 1.92% | $117.07 | $103.92 | $164,429,732 | $145,952,982 | -$18,476,750 | -11.24% |