Carl Icahn

Founder, Icahn Enterprises

ActivistAUM $8.55BPositions 12Q1 2026

🏆 Clone Portfolio Track Record

Rank #69 of 69 by 3-year alpha vs SPY · mechanically replicating this book, rebalanced at filing dates

A strong clone record is a track record, not a forecast — tested across a decade it doesn't reliably repeat. See what actually holds up →

Analyst Take · Q1 2026

AI

Icahn's $8.6B book is 77% energy and mostly captive: IEP (48.5%) plus CVI (28%) barely moved. The only prints were a 58% cut to SATS and an exit from SWX. Clone rank #59 of 59 — dead last, −29pt annual alpha. The activist era book has become a holding-company shell.

Generated quarterly from the filing data itself — holdings, changes, sector mix and clone-performance rank. Not investment advice.

Carl Icahn is the original corporate raider turned activist investor. Over five decades he has forced change at TWA, RJR Nabisco, Apple, Netflix and dozens more. His 13F reflects positions held via Icahn Enterprises, typically deep-value and heavily activist.