What Carl Icahn Bought in Q4 2025
Icahn Capital Management · Quarterly 13F recap as filed with the SEC.
Period: 2025-12-31 · Filed · Historical
$8.45B
Total Value
13
Holdings
0
New Buys
2
Reduced
In Q4 2025, Carl Icahn reported 13 long equity positions worth $8.45B in their Icahn Capital Management 13F filing and 4 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | IEP | Icahn Enterprises LP | 549400539 | $4.15B | 49.12% | +5.9% |
| 2 | CVI | CVR Energy Inc | 70418471 | $1.79B | 21.21% | — |
| 3 | SWX | Southwest Gas Holdings Inc. | 6032604 | $482.7M | 5.72% | — |
| 4 | UAN | CVR Partners, LP | 4164274 | $426.8M | 5.05% | — |
| 5 | ECHO | EchoStar Corporation | 3354542 | $364.6M | 4.32% | -23.0% |
| 6 | CTRI | Centuri Holdings, Inc. | 14336044 | $362.0M | 4.29% | +32.2% |
| 7 | IFF | International Flavors and Fragrances Inc. | 4275000 | $288.1M | 3.41% | -10.0% |
| 8 | JBLU | JetBlue Airways Corp. | 33621735 | $153.0M | 1.81% | — |
| 9 | AEP | American Electric Power Company | 1205300 | $139.0M | 1.65% | — |
| 10 | MNRO | Monro, Inc. | 5078573 | $101.8M | 1.21% | +246.7% |
| 11 | SD | SandRidge Energy, Inc. | 4911564 | $70.9M | 0.84% | +0.8% |
| 12 | BLCO | Bausch Plus Lomb Corp. | 3500000 | $59.8M | 0.71% | — |
| 13 | CZR | Caesars Entertainment, Inc. | 2440109 | $57.1M | 0.68% | — |