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Carl Icahn

Icahn Capital Management

Carl Icahn Icahn Enterprises LP stake

total: 62

Icahn Capital Management IEP trades

Total transactions:
34
New positions:
1
Added:
33
Held since:
2015 Q3
Held for:
43 quarters
Latest activity:
2025 Q4
According to 2026 Q1 report, Carl Icahn holds 549,400,539 Icahn Enterprises LP (IEP) shares with a market value of roughly $4.15B accounting for 48.49% of the overall portfolio. To date, the estimated cost basis is nearly $38.72 for "buy" trades. Icahn Capital Management first purchased IEP in 2015 Q3, initially acquiring about 116.04M shares. Since the initial investment in Icahn Enterprises LP (IEP), Icahn Capital Management has made 33 more transactions.

How many IEP shares does Carl Icahn currently hold?

According to 2026 Q1 report, Carl Icahn holds 549,400,539 shares of Icahn Enterprises LP (IEP), valued at around $4.15B.

When did Carl Icahn buy Icahn Enterprises LP (IEP)?

Carl Icahn first invested in Icahn Enterprises LP (IEP) in 2015 Q3 at the reported quarter-end price of $66.16 per share.

What's the cost basis of Icahn Capital Management's IEP stake?

The estimated cost basis for Icahn Enterprises LP (IEP) stake is around $38.72 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$38.72

Carl Icahn's historical trades in Icahn Enterprises LP

34 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2025 Q4
49.12%
549,400,539
$7.55
$4,147,974,070
+5.87% (+30,467,595)
+2.72%
2025 Q3
47.80%
518,932,944
$8.42
$4,369,415,388
+4.88% (+24,149,325)
+2.22%
2025 Q2
50.47%
494,783,619
$8.04
$3,980,534,216
+9.76% (+43,995,449)
+4.49%
2024 Q4
52.71%
450,788,170
$8.67
$3,908,333,434
+4.06% (+17,581,237)
+2.06%
2024 Q3
59.30%
433,206,933
$13.52
$5,856,957,734
+6.62% (+26,892,947)
+3.68%
2024 Q2
61.75%
406,313,986
$16.48
$6,696,054,489
+10.45% (+38,434,084)
+5.84%
2023 Q4
57.94%
367,879,902
$17.19
$6,323,856,000
+4.86% (+17,060,798)
+2.69%
2023 Q3
57.44%
350,819,104
$19.78
$6,939,201,000
+4.88% (+16,324,527)
+2.67%
2023 Q2
62.71%
334,494,577
$29.03
$9,710,378,000
+11.50% (+34,496,953)
+6.47%
2022 Q4
69.85%
299,997,624
$50.65
$15,194,881,000
+3.97% (+11,441,398)
+2.66%
2022 Q3
67.52%
$49.67
+3.93% (+10,902,568)
2022 Q2
64.06%
$48.12
+8.02% (+20,606,398)
2021 Q4
57.19%
$49.59
+4.02% (+9,925,154)
2021 Q3
54.81%
$49.95
+3.99% (+9,476,336)
2021 Q2
53.80%
$54.99
+7.17% (+15,896,308)
2020 Q4
56.01%
$50.67
+3.82% (+8,157,630)
2020 Q3
60.63%
$49.32
+4.16% (+8,528,504)
2020 Q2
50.41%
$48.49
+4.07% (+8,013,676)
2019 Q4
46.29%
$61.50
+3.25% (+6,202,053)
2019 Q3
47.69%
$64.20
+2.98% (+5,513,979)
2019 Q2
50.60%
$72.41
+5.64% (+9,892,032)
2018 Q4
49.03%
$57.08
+2.72% (+4,647,788)
2018 Q3
47.90%
$70.72
+2.64% (+4,400,450)
2018 Q2
48.97%
$71.06
+5.38% (+8,494,768)
2017 Q4
36.93%
$53.00
+2.88% (+4,412,903)
2017 Q3
39.62%
$54.86
+2.82% (+4,209,625)
2017 Q2
39.44%
$51.66
+6.23% (+8,751,899)
2017 Q1
36.12%
$51.24
+6.71% (+8,835,117.35)
2016 Q4
34.82%
$59.15
+2.30% (+2,964,243.64)
2016 Q3
32.43%
$49.90
+2.85% (+3,566,747.67)
2016 Q2
32.91%
$53.31
+4.95% (+5,908,511.94)
2016 Q1
34.55%
$62.24
+0.59% (+694,276.77)
2015 Q4
24.37%
$60.51
+2.17% (+2,514,707.66)
2015 Q3
27.54%
$66.16
new
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.