What Carl Icahn Bought and Sold in Q2 2026

As of the Q2 2026 13F, filed 14 August 2026

Icahn Capital LP, led by Carl Icahn, filed its 13F-HR for the second quarter of 2026, revealing a reported total value of $8.26 billion across 12 positions as of June 30, 2026. The most significant reported change in the portfolio was a substantial increase in its stake in Icahn Enterprises LP.

Notable Buys

Icahn Capital LP increased its position in Icahn Enterprises LP by 69.0 million shares, representing a 12.6% increase. This position accounts for 53.95% of the reported total. The fund also added 107 thousand shares of SD, an increase of 2.2%, with SD representing 0.84% of the reported total.

Notable Sells

The fund reduced its stake in JBLU by 13.0 million shares, a decrease of 38.6%. JBLU represents 1.43% of the reported total. Additionally, Icahn Capital LP trimmed its position in AEP by 771 thousand shares, a reduction of 63.9%. AEP accounts for 0.72% of the reported total.

Portfolio Concentration

The reported portfolio shows significant concentration in its largest holdings. Icahn Enterprises LP alone accounts for 53.95% of the reported total. CVI is the second-largest position at 23.73%, followed by UAN at 5.62%, CTRI at 5.25%, IFF at 4.1%, and ECHO at 1.73%.

A 13F filing provides a snapshot of a fund's equity holdings as of the end of a calendar quarter, with a mandatory filing deadline 45 days after the quarter's close.