Here is How Carl Icahn’s Picks Lost Twice As Much As The Market in Q3

eBay Inc (NASDAQ:EBAY)

Shares Owned by Icahn Capital (as of June 30): 46,271,370

Value of Icahn Capital’s Shares (as of June 30): $2.79 billion

Percentage of Icahn Capital’s Public Equity Portfolio (as of June 30): 8.93%

Third Quarter Returns: -3.60%

eBay Inc (NASDAQ:EBAY) is one of popular stocks among billionaires we track at Insider Monkey. The data from 13F filings revealed that 21 billionaires among those we track were holding positions in eBay Inc (NASDAQ:EBAY) at the end of the second quarter, with the aggregate value of their investment totaled nearly $7 billion. Of the around 730 funds we track, 99 funds held $11.73 billion of the company’s shares on June 30, compared to 90 funds and $11.86 billion, respectively, at the end of March. Aside from Icahn, William B. Gray’s Orbis Investment Management holds 16.22 million eBay Inc (NASDAQ:EBAY) shares as of June 30.

CVR Energy Inc. (NYSE:CVI)

Shares Owned by Icahn Capital (as of June 30): 71,198,718

Value of Icahn Capital’s Shares (as of June 30): $2.68 billion

Percentage of Icahn Capital’s Public Equity Portfolio (as of June 30): 8.58%

Third Quarter Returns: 10.44%

CVR Energy Inc. (NYSE:CVI), a $3.7-billion market cap company primarily engaged in the petroleum refining and nitrogen fertilizer manufacturing industries, delivered a positive returns during the third quarter. The company’s second quarter income increased to $101.9 million, compared to $83.7 million for the same period last year. These positive earnings seem to have a good impact on the company’s stock, which shows a year-to-date growth of over 10%. Another investor betting big on CVR Energy is Joel Greenblatt’s Gotham Asset Management, which holds 208,657 shares as of June 30.

Hertz Global Holdings Inc (NYSE:HTZ)

Shares Owned by Icahn Capital (as of June 30): 51,922,405

Value of Icahn Capital’s Shares (as of June 30): $940.83 million

Percentage of Icahn Capital’s Public Equity Portfolio (as of June 30): 3.01%

Third Quarter Returns: -7.67%

Hertz Global Holdings Inc (NYSE:HTZ) is an $8.76-billion market cap company engaged in car rental business. The company reported income of $23 million, or $0.05 per share, for the second quarter, versus income of $72 million, or $0.15 per share, for the same period last year. Total revenues were $2.7 billion, versus $2.8 billion in 2014. The company’s performance has been disappointing, declining over 23% year-to-date. Larry Robbins’ Glenview Capital seems to believe in the future of Hertz Global Holdings Inc (NYSE:HTZ), in which the investor last month disclosed ownership of 23.75 million shares, a 5.20% of stock.

Herbalife Ltd. (NYSE:HLF)

Shares Owned by Icahn Capital (as of June 30): 17,000,000

Value of Icahn Capital’s Shares (as of June 30): $936.53 million

Percentage of Icahn Capital’s Public Equity Portfolio (as of June 30): 3%

Third Quarter Returns: -10.71%

Herbalife Ltd. (NYSE:HLF) is a global nutrition company, with a market cap of $5.08 billion. The company’s worldwide sales for the second quarter declined by 11% to $1.2 billion due to unfavorable impact of currency exchange rates. Herbalife Ltd. (NYSE:HLF) posted income of $82.8 million, or $0.97 per share, versus $119.5 million, or $1.31 per share, for the same quarter last year. The company’s stock has been showing a remarkable growth, increasing 42.51% year-to-date. George Soros’ Soros Fund Management holds 1.97 million shares of the company as of June 30.

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