There were some changes in star investor Carl Icahn’s portfolio in the fourth quarter of 2023.
There were changes in Carl Icahn’s portfolio in the fourth quarter of 2023. Among other things, the star investor expanded his stake in his own company, Icahn Enterprises. While the portfolio still had assets under management of $12.08 billion in the third quarter of 2023, this fell to $10.91 billion in the fourth quarter.
However, the assets still significantly exceed $100 million, which is why Icahn is required to file a Form 13F with the US Securities and Exchange Commission at the end of each quarter disclosing his investments.
The following ranking lists the top ten investments according to their value in the past quarter. Only stock investments are taken into account for the ranking. The ranking is as of December 31, 2023.
Editorial team finanzen.net
11th place: The ranking
In the fourth quarter of 2023, star investor Carl Icahn managed assets of around $10.91 billion. Since this clearly exceeds the value of 100 million US dollars, Icahn also had to disclose his investments in a 13F form at the end of the last quarter of 2023. The following ranking lists the top ten investments in the past quarter, sorted by their value. Only stock investments are taken into account. The ranking is as of December 31, 2023.
Source: sec.gov, Image: Heidi Gutman/CNBC/NBCU Photo Bank via Getty Images
10th place: Illumina
The star investor left his stake in Illumina, which Icahn has had in his portfolio since the first quarter of 2023, untouched in the last quarter of the year. The 430,000 shares of the maker of genetic engineering equipment were worth around $59.87 million as of December 31st. They made it to a share of 0.55 percent of the total portfolio and thus into the top ten of Icahn’s largest holdings.
Source: sec.gov, Image: Vitalii Vodolazskyi / Shutterstock.com
9th place: SandRidge Energy
Icahn also left his stake in the oil and natural gas company SandRidge Energy unchanged in the fourth quarter. As of the end of last year, the investor owned 4,818,832 shares of the company, valued at approximately $65.87 million and totaling 0.60 percent of Icahn’s portfolio.
Source: sec.gov, Image: rafapress / Shutterstock.com
8th place: American Electric Power
The energy company American Electric Power was new in Carl Icahn’s portfolio and directly in the top ten holdings in the fourth quarter of 2023. Icahn purchased 1,205,300 American Electric Power shares in the past quarter. As of the reporting date, these were worth around 97.89 million US dollars, making up 0.90 percent of the total portfolio. That means eighth place for American Electric Power.
Source: sec.gov, Image: T. Schneider / Shutterstock.com
7th place: Conduent
Carl Icahn left his investment in the provider of digital business solutions, Conduent, untouched in the last quarter of 2023, but it nevertheless improved by one place and made it to seventh place. The 38,149,336 shares were worth around $139.25 million as of the reporting date. The investment accounted for 1.28 percent of the entire portfolio.
Source: sec.gov, Image: IgorGolovniov / Shutterstock.com
6th place: Dana
The automotive supplier Dana was also able to make up a position. Icahn left his position untouched in the fourth quarter of 2023. At the end of December, the company’s 14,286,505 shares were worth a total of around $208.73 million, making up 1.91 percent of Icahn’s portfolio. This puts them in sixth place in the ranking.
Source: sec.gov, Image: IgorGolovniov / Shutterstock.com
5th place: FirstEnergy
FirstEnergy remains in fifth place, although Icahn reduced his stake in the US utility company last quarter. He sold 8,203,607 shares, so that there were still 5,887,171 shares in the portfolio at the end of 2023. As of the reporting date, these were worth around $215.82 million and made up 1.98 percent of Icahn’s portfolio.
Source: sec.gov, Image: Postmodern Studio / Shutterstock.com
4th place: Bausch Health
The pharmaceutical company Bausch Health, in which Icahn neither expanded nor reduced his stake, went up two places to fourth place. The 34,721,118 Bausch shares were worth around $278.46 million as of December 31st. Overall, the stake in the pharmaceutical company made up 2.55 percent of the entire portfolio.
Source: sec.gov, Image: Pavel Kapysh / Shutterstock.com
3rd place: Southwest Gas
The energy supplier Southwest Gas gained one place and climbed onto the podium. In the fourth quarter of 2023, Icahn left his holding unchanged. At the end of the fourth quarter, the 11,022,604 shares were worth around $698.28 million and made up 6.40 percent of the star investor’s portfolio.
Source: sec.gov, Image: Casimiro PT / Shutterstock.com
2nd place: CVR Energy
Unaffected, Icahn’s stake in renewable fuels-focused holding company CVR Energy was in second place. The 66,692,381 CVR Energy securities made up 18.52 percent of the total portfolio with a value of around 2.02 billion US dollars.
Source: sec.gov, Image: rafapress / Shutterstock.com
1st place: Icahn Enterprises
The securities of Icahn’s conglomerate Icahn Enterprises were once again in undisputed first place in the fourth quarter of 2023. Here, the investor legend increased its own holdings in the last quarter of the year by 4.86 percent (17,060,798 shares). The now 367,879,902 shares were worth around $6.32 billion as of December 31, 2023 and made up a full 57.94 percent of Icahn’s portfolio.
Source: sec.gov, Image: IgorGolovniov / Shutterstock.com
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Image sources: Heidi Gutman/CNBC/NBCU Photo Bank via Getty Images, Neilson Barnard/Getty Images for New York Times