What is Carl Icahn investing in?
CVR Energy (CVI) – Through IEP, Icahn owns 71% of CVR Energy. CVR Energy then has 37% ownership of CVR Partners (UAN). The two related firms are in the oil refining and nitrogen fertilizer business, and have had strong performance over the last year, riding the commodity boom and defying the 2022 bear market.
- Table of Contents.
- Carl Icahn & Dividend Stocks.
- #1: Icahn Enterprises L.P. (IEP)
- #2: CVR Energy Inc. ( CVI)
- #3: Southwest Gas Holdings (SWX)
- #4: Bausch Health Companies (BHC)
- #5: FirstEnergy Corp. (FE)
- #6: Dana Inc. ( DAN)
Icahn Enterprises (NYSE:IEP) is a master limited partnership (MLP) that has $16 billion in assets. It is really a diversified holding company with its assets divided between investments, automotive, food packaging, real estate, home fashion and pharmaceuticals.
In Carl Icahn's current portfolio as of 2023-12-31, the top 5 holdings are Icahn Enterprises LP (IEP), CVR Energy Inc (CVI), Southwest Gas Holdings Inc (SWX), Occidental Petroleum Corp (OXY.WS), Bausch Health Companies Inc (BHC), not including call and put options.
Born into humble circ*mstances in 1936 in Brooklyn, New York, Icahn went on to become one of the most successful investors in the world – and he's got the bank statements to prove it. Business magazine Forbes estimates that Icahn is today worth almost $14 billion, with that wealth entirely self-made.
Berkshire Hathaway is Buffett's investment company. It's the full owner of many recognizable companies, including GEICO and Fruit of the Loom. Berkshire is also a major shareholder in many other publicly-traded companies, such as Apple (AAPL).
| Ticker | Company | % Portfolio |
|---|---|---|
| MSFT | Microsoft Corp. | 33.98% |
| BRK.B | Berkshire Hathaway Inc. | 16.80% |
| CNI | Canadian National Railway Co. | 16.29% |
| WM | Waste Management Inc. | 14.92% |
The stock offers an impressive dividend yield nearing 29% but has faced significant scrutiny over the past year. As a result, its price has fallen 66% since May 2023. Although Icahn Enterprises offers an appealing dividend, there are some things you'll want to consider before buying the stock.
Icahn Enterprises L.P. is an American conglomerate headquartered at Milton Tower in Sunny Isles Beach, Florida. The company has investments in various industries including energy, automotive, food packaging, metals, real estate and home fashion. The company is controlled by Carl Icahn, who owns 86 percent of it.
Stable Share Price: IEP's share price has been volatile over the past 3 months. Volatility Over Time: IEP's weekly volatility has decreased from 10% to 5% over the past year.
When did Carl Icahn buy Netflix?
The argument against market timing is a bit of modesty from Icahn, who bought Netflix while it was languishing in October 2012 and ride it to massive profits without the bombastic challenges to management that are his hallmark.
Icahn Enterprises (NASDAQ: IEP) is majority owned and operated by one of the most famous investors in recent history, Carl Icahn. The Icahn family owns roughly 85% of the company's shares.
Icahn Enterprises (IEP), the conglomerate headed up by billionaire activist investor Carl Icahn, is reportedly selling auto parts manufacturer Federal Mogul. According to CNBC, the trade is being made with rival auto parts maker Tenneco Inc. (TEN). Tenneco will buy Federal Mogul for $5.4 billion in cash and stock.
Warren Buffett is often considered the world's best investor of modern times.
Warren Edward Buffett (/ˈbʌfɪt/ BUF-it; born August 30, 1930) is an American businessman, investor, and philanthropist who currently serves as the co-founder, chairman and CEO of Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world.
Warren Buffett is widely considered to be the most successful investor in history.
Although old-guard favorites such as American Express (AXP) and Coca-Cola (KO) still form the core of the portfolio, Buffett & Co. have taken a shine to names such as Apple (AAPL) and Amazon.com (AMZN), and even to lesser-known firms such as Snowflake (SNOW) and Nu Holdings (NU).
What companies are owned by BlackRock? BlackRock has acquired several companies over the years, including Barclays Global Investor, which includes the popular ETF platform iShares. The investment manager also owns eFront, Kreos Capital, Aperio, and Merril Lynch Investment Management.
- Apple (AAPL).
- Bank of America (BAC).
- American Express Co. (AXP).
- Coca-Cola Co. (KO).
- Chevron (CVX).
- Occidental Petroleum (OXY).
- Kraft Heinz (KHC).
- Moody's Corp. (MCO).
| Stock | Market capitalization | Year-to-date performance as of April 11 |
|---|---|---|
| Airbnb Inc. (ABNB) | $103 billion | 17.7% |
| Remitly Global Inc. (RELY) | $3.6 billion | 0.5% |
| Rivian Automotive Inc. (RIVN) | $9.1 billion | -59.2% |
| Sana Biotechnology Inc. (SANA) | $2.1 billion | 129.4% |
Does Bill Gates own FedEx?
Bullish on this entire logistics and supply chain market, regardless of the competitive differences, the Bill & Melinda Gates Foundation now owns through Cascade Investment 1.53 million shares of FedEx Corp. This is worth $392 million. Gates has the 10th largest holding at FedEx, in contrast to the 15th at UPS.
Gates' unsurprising top AI stock
You probably won't be surprised in the least by Gates' top AI stock. Almost 34% of the Gates Foundation Trust's portfolio is invested in Microsoft (MSFT 0.46%). The billionaire co-founded the technology company and served as its CEO for 25 years.
The average one-year price target for Icahn Enterprises L.P. is $25.5.
Carl C. Icahn is the largest individual Icahn Enterprises shareholder, owning 1.03B shares representing 240.28% of the company. Carl C. Icahn's Icahn Enterprises shares are currently valued at $17.53B.
The Icahn Enterprises stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
