C
Carl Icahn
Icahn Carl C · Holdings as of Dec 31, 2025, filed by Feb 15, 2026 · US long stock positions only
The original activist. Positions are campaigns
Reported value
$8B
13 positions shown
Copycat since 2016
0.53x
-6% per year
vs SPY
behind
SPY 3.57x same window
Top position
IEP
49% of book
Copying these filings vs SPY $1 at every deadline since 2016
SPY 3.57x
Carl Icahn 0.53x
Price returns, dividends excluded on both lines. A copycat of public filings traded at each deadline, not the fund's actual performance.
The book tile = share of the filed book · tap a tile for the ticker · Dec 2025
Symbol Value % of book vs prior quarter
IEP $4.1B
49%
added
CVI $1.8B
21%
unchanged
SWX $483M
6%
unchanged
UAN $427M
5%
unchanged
ECHO $365M
4%
trimmed
CTRI $362M
4%
added
IFF $288M
3%
trimmed
JBLU $153M
2%
unchanged
AEP $139M
2%
unchanged
MNRO $102M
1%
added
SD $71M
1%
unchanged
BLCO $60M
1%
unchanged
CZR $57M
1%
unchanged
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.