Carl Icahn recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
Carl Icahn (Trades, Portfolio) is an activist investor. He takes significant stakes in public companies and typically pushes for change. He invests with three investment vehicles: the hedge fund Icahn Partners, American Real Estate Partners (a publicly traded private equity firm), and Icahn Management LP (another hedge fund). GuruFocus tracks the third portfolio, which covers all the stocks owned by Icahn Capital Management.
As of the latest 13F report, the guru’s equity portfolio contained 16 stocks valued at a total of $21.76Bil. The top holdings were IEP(69.85%), CVI(10.26%), and FE(3.66%).
According to GuruFocus data, these were Carl Icahn (Trades, Portfolio)’s top five trades of the quarter.
Herc Holdings Inc
Carl Icahn (Trades, Portfolio) reduced their investment in NYSE:HRI by 77,560 shares. The trade had a 0.06% impact on the equity portfolio. During the quarter, the stock traded for an average price of $150.81.
On 02/14/2023, Herc Holdings Inc traded for a price of $142.42 per share and a market cap of $4.17Bil. The stock has returned 0.50% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Herc Holdings Inc has a price-earnings ratio of 14.21, a price-book ratio of 3.87, a price-earnings-to-growth (PEG) ratio of 1.39, a EV-to-Ebitda ratio of 7.26 and a price-sales ratio of 1.72.
The price-to-GF Value ratio is 1.08, earning the stock a GF Value rank of 3.
Icahn Enterprises LP
During the quarter, Carl Icahn (Trades, Portfolio) bought 11,441,398 shares of NAS:IEP for a total holding of 299,997,624. The trade had a 2.66% impact on the equity portfolio. During the quarter, the stock traded for an average price of $52.16.
On 02/14/2023, Icahn Enterprises LP traded for a price of $54.1 per share and a market cap of $18.26Bil. The stock has returned 13.01% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 5 out of 10.
In terms of valuation, Icahn Enterprises LP has a price-book ratio of 4.56, a EV-to-Ebitda ratio of 29.68 and a price-sales ratio of 1.20.
The price-to-GF Value ratio is 1.01, earning the stock a GF Value rank of 5.
Twitter Inc
The guru sold out of their 12,531,573-share investment in NYSE:TWTR. Previously, the stock had a 2.59% weight in the equity portfolio. Shares traded for an average price of $50.72 during the quarter.
On 02/14/2023, Twitter Inc traded for a price of $53.7 per share and a market cap of $41.09Bil. The stock has returned -2.03% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, Twitter Inc has a price-book ratio of 6.98, a EV-to-Ebitda ratio of 66.62 and a price-sales ratio of 8.22.
The price-to-GF Value ratio is 0.93, earning the stock a GF Value rank of 6.
Cheniere Energy Inc
Carl Icahn (Trades, Portfolio) reduced their investment in AMEX:LNG by 1,111,613 shares. The trade had a 0.87% impact on the equity portfolio. During the quarter, the stock traded for an average price of $167.33.
On 02/14/2023, Cheniere Energy Inc traded for a price of $148.79 per share and a market cap of $37.00Bil. The stock has returned 28.53% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, Cheniere Energy Inc has a EV-to-Ebitda ratio of -89.42 and a price-sales ratio of 1.22.
The price-to-GF Value ratio is 0.67, earning the stock a GF Value rank of 10.
Crown Holdings Inc
During the quarter, Carl Icahn (Trades, Portfolio) bought 100 shares of NYSE:CCK for a total holding of 1,040,100. The trade had a 0% impact on the equity portfolio. During the quarter, the stock traded for an average price of $79.7.
On 02/14/2023, Crown Holdings Inc traded for a price of $85.7 per share and a market cap of $10.28Bil. The stock has returned -26.77% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Crown Holdings Inc has a price-earnings ratio of 14.36, a price-book ratio of 5.56, a EV-to-Ebitda ratio of 9.28 and a price-sales ratio of 0.80.
The price-to-GF Value ratio is 0.62, earning the stock a GF Value rank of 8.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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