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Carl Icahn's Icahn Capital Management reduced its AEP position by 64%, from 1.85% to 0.72% of the portfolio.

Now holds 434,710 shares worth $59.47M.
Published · Based on SEC filings

Low impact
Major trim
2026 Q2

Carl Icahn's Icahn Capital Management reduced its American Electric Power Co Inc (AEP) position by 64% in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. The stake went from 1.21M to 435K shares, worth about $59.5M, and from 1.85% to 0.72% of the reported portfolio.

What did the 2026 Q2 filing report for AEP?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Before After
Shares 1.21M 435K
Shares sold -771K (64%)
Reported value $158M $59.5M
Portfolio weight 1.85% 0.72%
Rank in portfolio 11th of 12

How much did Carl Icahn cut AEP?

Carl Icahn sold 771K shares of AEP during 2026 Q2, cutting the stake from 1.21M to 435K. The reported value of the position fell by about $98.5M, from about $158M to about $59.5M.

Where does AEP sit in the Carl Icahn portfolio?

AEP ranks 11th of 12 stock positions in the Carl Icahn portfolio at 0.72%, below the fund's average stock position of 8%. The AEP cut was the 2nd largest of the quarter's 4 position changes by percent change to portfolio. The largest stock position is IEP at 53.95%. Next come CVI at 23.73% and UAN at 5.62%. The three largest stocks together are 83.3% of the book. Across the 2026 Q2 portfolio, Carl Icahn reported 12 stock positions, with no position opened or closed. The total portfolio value is about $8.3B, down 3% from the prior quarter.

Carl Icahn buys and sells, 2026 Q2

How long has Carl Icahn held AEP?

Carl Icahn first reported AEP in the quarter ended December 31, 2023. The weight peaked at 1.85% in 2026 Q1. The share count had been unchanged the quarter before. Every reported trade is on the Carl Icahn AEP trade history page.

Carl Icahn shares of AEP by quarter

FAQ

How many AEP shares did Carl Icahn sell in 2026 Q2?

Carl Icahn sold 771K shares of AEP, 64% of the position, leaving 435K shares.

What remains of the AEP position of Carl Icahn?

Carl Icahn still holds 435K shares of AEP, worth about $59.5M at June 30, 2026 prices.

How much of the Carl Icahn portfolio is AEP now?

AEP is 0.72% of the Carl Icahn portfolio, down from 1.85% a quarter earlier.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst

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