Great investors · Carl Icahn · Q1 2026
What Carl Icahn bought and sold in Q1 2026
Icahn Capital 13F portfolio as of Mar 31, 2026: 12 positions worth $8.6 bn. Largest: IEP, CVI, UAN, CTRI. Filed with the SEC on May 15, 2026.
The 13F is filed by Icahn Capital, not by Carl Icahn personally: these are the whole firm's positions. A “position” is a distinct security in the filing (by CUSIP); share classes of the same company are shown added together.
Buys in Q1 2026
No purchase of 0.5 points of the portfolio or more this quarter.
Sells in Q1 2026
- ReducedEchoStarECHO−2.7 pp
1 company with a material move, out of 2 positions with a change. Only moves of 0.5 points of the portfolio or more are listed, measured as “traded weight” (what was bought or sold, excluding price effects). Smaller changes exist and are not listed: a position may have gone up or down without appearing above.
The full 13F, line by line
Icahn Capital's Q1 2026 13F lists 12 lines of US-listed securities worth $8.6 bn; the largest is IEP at 48.5% of the portfolio. It was accepted by the SEC on May 15, 2026 at 4:31 PM ET.
Against the previous quarter, it opened no new positions, closed none, added to 1 (CVI) and trimmed 1 (ECHO). 10 lines show the same number of shares.
| # | Company | Shares | Value | Weight | Change in shares |
|---|---|---|---|---|---|
| 1 | Icahn Enterprises IEP | 549.4 M | $4.1 bn | 48.5% | no change |
| 2 | CVR Energy CVI | 71.2 M | $2.4 bn | 28.0% | +1.1% |
| 3 | CVR Partners UAN | 4.2 M | $527M | 6.17% | no change |
| 4 | Centuri Holdings CTRI | 14.3 M | $419M | 4.90% | no change |
| 5 | International Flavors & Fragrances IFF | 4.3 M | $310M | 3.63% | no change |
| 6 | EchoStar ECHO | 1.4 M | $164M | 1.92% | −58% |
| 7 | American Electric Power AEP | 1.2 M | $158M | 1.85% | no change |
| 8 | Jetblue Airways JBLU | 33.6 M | $149M | 1.74% | no change |
| 9 | Monro MNRO | 5.1 M | $81.5M | 0.95% | no change |
| 10 | Sandridge Energy SD | 4.9 M | $80.7M | 0.94% | no change |
| 11 | Caesars Entertainment CZR | 2.4 M | $64.5M | 0.75% | no change |
| 12 | Bausch & Lomb BLCO | 3.5 M | $55.7M | 0.65% | no change |
One row per line of the filing (by CUSIP): share classes of the same company are listed separately here. “Change in shares” compares the count with the previous quarter, split-adjusted; the value is the one reported in the 13F at quarter end, not today's price.
Original documents: Icahn Capital's 13F filings on EDGAR (SEC) ↗
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Source: 13F filings with the SEC. A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions. Not investment advice.