The Enduring Losses Incurred by Carl Icahn's 10 Activist Targets over the Long Term
In this article, we discuss the losses incurred by Carl Icahn's 10 activist targets over the long term.
Icahn Enterprises L.P., an American publicly traded master limited partnership and conglomerate, is headquartered at Milton Tower in Sunny Isles Beach, Florida. The firm maintains investments across different industries such as energy, automotive, food packaging, metals, real estate, and home fashion. The firm is managed by Carl Icahn, who holds an 86% ownership stake.
Carl C. Icahn is the Chairman of the Board of Directors at Icahn Enterprises L.P. Since 2007, he has primarily focused on managing private investment funds, including Icahn Partners LP and Icahn Partners Master Fund LP, through his position as Chief Executive Officer of Icahn Capital LP, a wholly owned subsidiary of Icahn Enterprises L.P. Since 1990, Mr. Icahn has served as Chairman of the Board of Directors of Starfire Holding Corporation, a privately-held holding company, and various subsidiaries of Starfire since 1984. He previously chaired Tropicana Entertainment Inc. from 2010 to 2018, CVR Refining, LP from 2013 to 2018, and CVR Energy, Inc. from 2012 to 2018. He was also President of XO Holdings from 2011 to 2017 and Chairman of its predecessors from 2003 to 2011. Additionally, Mr. Icahn has had notable director roles including Federal-Mogul Holdings LLC from 2007 to 2015 (non-executive Chairman from 2008 to 2015), American Railcar Industries, Inc. from 1994 to 2014, American Railcar Leasing LLC from 2004 to 2013, WestPoint Home LLC from 2005 to 2011, and Cadus Corporation from 1993 to 2010. He earned his B.A. from Princeton University.
Icahn Capital Management's Q1 2024 13F filing revealed $11.92 billion in managed 13F securities. Their leading position is in Icahn Enterprises L.P., with 367,879,902 shares held, valued at $6.26 billion.
