In this article, we take a look at Carl Icahn’s stock portfolio: top 5 picks. You can see our detailed analysis of Mr. Icahn’s history and investment strategy, and go directly to Carl Icahn’s Stock Portfolio: Top 12 Picks.
5. Newell Brands Inc. (NASDAQ:NWL)
Carl Icahn’s Stake Value: $1,200,566,000
Percentage of Carl Icahn’s 13F Portfolio: 4.94%
Number of Hedge Fund Holders: 25
Newell Brands Inc. (NASDAQ: NWL) designs, manufactures, sources, and distributes consumer and commercial products worldwide. The company operates through 5 segments: Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, and Outdoor and Recreation. Newell Brands Inc. (NASDAQ: NWL) was founded in 1903 and is based in Atlanta, Georgia.
This August, Wells Fargo analyst Chris Carey upgraded Newell Brands Inc. (NASDAQ: NWL) to Equal Weight from Underweight with a price target of $26, up from $23.
Newell Brands Inc. (NASDAQ: NWL) is among Carl Icahn’s top 5 stocks to invest in. Mr. Icahn has stakes worth $1.2 billion in the company, which represent 4.94% of his 13F portfolio.
As of June 2021, Newell Brands Inc. (NASDAQ: NWL) reported earnings per share of $0.56, beating estimates by $0.11. The company generated revenues of $2.71 billion, up 28.33% year over year, and beating estimates by $150.36 million. In addition to this, Newell Brands Inc. (NASDAQ: NWL) has gained 11% year to date.
By the end of the second quarter of 2021, 25 hedge funds out of the 873 tracked by Insider Monkey held stakes in Newell Brands Inc. (NASDAQ: NWL) worth roughly $2.02 billion. This is compared to 24 hedge funds in the previous quarter with a total stake value of approximately $1.95 billion.
4. CVR Energy, Inc. (NYSE:CVI)
Carl Icahn’s Stake Value: $1,278,729,000
Percentage of Carl Icahn’s 13F Portfolio: 5.26%
Number of Hedge Fund Holders: 16
CVR Energy, Inc. (NYSE: CVI), through its subsidiaries, engages in petroleum refining and nitrogen fertilizer manufacturing activities in the United States. The company operates through two segments: Petroleum and Nitrogen Fertilizer. CVR Energy, Inc. (NYSE: CVI) was founded in 1906 and is headquartered in Sugar Land, Texas. CVR Energy, Inc. (NYSE: CVI) is a subsidiary of Icahn Enterprises L.P. (NASDAQ: IEP).
CVR Energy, Inc. (NYSE: CVI) is the top 4th stock pick of Carl Icahn. According to the latest filings, Mr. Icahn owns more than 71 million shares in the company that are worth over $1.27 billion. The investment covers an impressive 5.26% of Icahn Capital’s 13F holdings.
As of the second quarter of 2021, CVR Energy, Inc. (NYSE: CVI) registered an EPS of -$0.32, beating estimates by $0.28. The company generated revenues of $1.78 billion, up by 164.15% year over year, and has beaten estimates by $368.27 million. On top of this, the share price for CVR Energy, Inc. (NYSE: CVI) has gained 25.70% year to date.
By the end of the second quarter of 2021, 16 hedge funds out of the 873 tracked by Insider Monkey held stakes in CVR Energy, Inc. (NYSE: CVI) worth roughly $1.34 billion. This is compared to 18 hedge funds in the previous quarter with a total stake value of approximately $1.43 billion.
3. Cheniere Energy, Inc. (NYSE:LNG)
Carl Icahn’s Stake Value: $1,402,465,000
Percentage of Carl Icahn’s 13F Portfolio: 5.77%
Number of Hedge Fund Holders: 49
Cheniere Energy, Inc. (NYSE: LNG) is an energy infrastructure company that engages in the liquefied natural gas (LNG) and related businesses in the United States. It is also involved in the LNG and natural gas marketing business. Cheniere Energy, Inc. (NYSE: LNG) was incorporated in 1983 and is headquartered in Houston, Texas.
This September, Stifel analyst Benjamin Nolan raised his price target on Cheniere Energy, Inc. (NYSE: LNG) to $111 from $102 and reiterated a Buy rating on the shares.
Cheniere Energy, Inc. (NYSE: LNG) is among the top 3 stock picks of Carl Icahn’s Icahn Capital. According to the latest filings, Mr. Icahn has stakes worth $1.4 billion in the company, which represents 5.77% of the corporate raider’s 13F portfolio.
As of the second quarter of 2021, Cheniere Energy, Inc. (NYSE: LNG) reported an EPS of $0.07 and revenues of $3.02B, up 25.6% year over year. Cheniere Energy, Inc. (NYSE: LNG) has gained 30.98% over the past six months, and 62.98% year to date.
By the end of the second quarter of 2021, 49 hedge funds out of the 873 tracked by Insider Monkey held stakes in Cheniere Energy, Inc. (NYSE: LNG) worth roughly $2.94 billion. This is compared to 40 hedge funds in the previous quarter with a total stake value of approximately $2.54 billion.
2. Occidental Petroleum Corporation (NYSE:OXY)
Carl Icahn’s Stake Value: $1,536,150,000
Percentage of Carl Icahn’s 13F Portfolio: 6.32%
Number of Hedge Fund Holders: 57
Occidental Petroleum Corporation (NYSE: OXY), together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. Occidental Petroleum Corporation (NYSE: OXY) operates through three segments: Oil and Gas, Chemical, and Marketing and Midstream. Occidental Petroleum Corporation (NYSE: OXY) was founded in 1920 and is headquartered in Houston, Texas.
This August, Citi analyst Scott Gruber initiated coverage of Occidental Petroleum Corporation (NYSE: OXY) with a Buy rating and $35 price target.
Occidental Petroleum Corporation (NYSE: OXY) is the second most valuable stock investment made by Mr. Icahn. The corporate raider owns over 49 million shares in the company, which are worth $1.53 billion. The investment covers 6.32% of Icahn Capital’s 13F portfolio.
As of the second quarter of 2021, Occidental Petroleum Corporation (NYSE: OXY) reported earnings per share of $0.32, beating expert estimates by $0.29. The company also generated revenues amounting to $6.01 billion, up 101.95% year over year, and has beaten estimates by $154.32 million. Occidental Petroleum Corporation (NYSE: OXY) has gained 11.81% over the past 6 months, and 73.01% year to date.
By the end of the second quarter of 2021, 57 hedge funds out of the 873 tracked by Insider Monkey held stakes in Occidental Petroleum Corporation (NYSE: OXY) worth roughly $3.62 billion. This is compared to 52 hedge funds in the previous quarter with a total stake value of approximately $3.41 billion.
1. Icahn Enterprises L.P. (NASDAQ:IEP)
Carl Icahn’s Stake Value: $13,068,140,000
Percentage of Carl Icahn’s 13F Portfolio: 53.79%
Number of Hedge Fund Holders: 4
Icahn Enterprises L.P. (NASDAQ: IEP), through its subsidiaries, operates in investment, energy, automotive, food packaging, metals, real estate, home fashion, and pharma businesses in the United States and Internationally. The company was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.
The investor owns more than 237 million shares of Icahn Enterprises L.P. (NASDAQ: IEP), worth over $13 billion. The investment covers more than half of Mr. Icahn’s 13F portfolio.
As of the second quarter of 2021, Icahn Enterprises L.P. (NASDAQ: IEP) generated revenues of $2.99 billion, up 10.3% year over year, and has beaten expert estimates by $979 million.
You can also take a look at Top Stocks to Invest In According to Jeffrey Ubben’s ValueAct Capital and 10 Best Dividend Stocks to Buy According to Billionaire Ray Dalio.
