Icahn Capital
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Carl Icahn's Icahn Capital reported 12 stock positions worth $8.6 billion. Its top holding was Icahn Enterprises (IEP) at 48.5% of the portfolio, followed by CVR Energy (CVI, 28.0%) and CVR Partners (UAN, 6.2%). Compared with Q4 2025, it sold out of 1, added to 2 and reduced 1. The biggest buy was CVR Energy (CVI, shares +1%) and the biggest sale an exit from Southwest Gas (SWX).
- Most Recent 13F
- Q2 2026
- Notable People
- Carl Icahn
- Location
- SUNNY ISLES BEACH, FL
- CIK
- 0000921669
- Portfolio Value
- $8.6B (Q1 2026)
- SEC Filing
- 0001539497-26-001469 ↗ filed May 15, 2026
Holdings Value
Holdings 12 stocks · $8.6B
| IEP Icahn Enterprises LP | 48.49% | 549,400,539 | $4.1B | No change |
| CVI CVR Energy Inc. | 28.01% | 71,201,875 | $2.4B | Add +1.1% |
| UAN CVR Partners LP | 6.17% | 4,164,274 | $527.5M | No change |
| CTRI Centuri Holdings Inc. | 4.90% | 14,336,044 | $418.8M | No change |
| IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA | 3.63% | 4,275,000 | $310.2M | No change |
| ECHO Echostar Corp. Class A | 1.92% | 1,404,542 | $164.4M | Reduce -58.1% |
| AEP American Electric Power | 1.85% | 1,205,300 | $158.0M | No change |
| JBLU Jetblue Airways Corp. | 1.74% | 33,621,735 | $148.6M | No change |
| MNRO Monro Inc. | 0.95% | 5,078,573 | $81.5M | No change |
| SD Sandridge Energy Inc. | 0.94% | 4,947,701 | $80.7M | Add +0.7% |
| CZR Caesars Entertainment Inc. | 0.75% | 2,440,109 | $64.5M | No change |
| BLCO Bausch + Lomb Corp. | 0.65% | 3,500,000 | $55.6M | No change |
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 12 | $8.3B | IEP, CVI, UAN, CTRI, IFF |
| Q1 2026 | 12 | $8.6B | IEP, CVI, UAN, CTRI, IFF |
| Q4 2025 | 13 | $8.4B | IEP, CVI, SWX, UAN, ECHO |
| Q3 2025 | 13 | $9.1B | IEP, CVI, SWX, UAN, ECHO |
| Q2 2025 | 12 | $7.9B | IEP, CVI, SWX, UAN, IFF |
| Q1 2025 | 14 | $7.5B | IEP, CVI, SWX, UAN, IFF |
| Q4 2024 | 14 | $7.4B | IEP, CVI, SWX, IFF, UAN |
| Q3 2024 | 14 | $9.9B | IEP, CVI, SWX, IFF, BHC |
| Q2 2024 | 14 | $10.8B | IEP, CVI, SWX, IFF, UAN |
| Q1 2024 | 13 | $11.2B | IEP, CVI, SWX, BHC, IFF |