ICAHN CARL C Long-Term Concentrated

Location: Sunny Isles Beach, FL

CIK: 0000921669 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 15, 2026

Total Value: $8.554B (100.0% shares, 0.0% debt)

Holdings (12)

Increased Positions (1)

CVI CVR Energy Inc 28.0%

Value $2.396B (+33.7%) Shares 71,201,875 (+1.1%) Est. Cost $18.55 Unrealized +25.4%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CVI	CVR Energy Inc	71,201,875 (+1.1%)	$2.396B (+33.7%)	28.0%	$18.55	+25.4%	COM	12662P108

Exited Positions (1)

SWX Southwest Gas Holdings Inc. 5.6%

Value $483M Shares 6,032,604 Est. Cost $72.34 Unrealized +16.2%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SWX	Southwest Gas Holdings Inc.	6,032,604	$483M	5.6%	$72.34	+16.2%	—	844895102

Decreased Positions (1)

SATS EchoStar Corporation 1.9%

Value $164M (-54.9%) Shares 1,404,542 (-58.1%) Est. Cost $45.28 Unrealized +157.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SATS	EchoStar Corporation	1,404,542 (-58.1%)	$164M (-54.9%)	1.9%	$45.28	+157.0%	CL A	278768106

Unchanged Positions (10)

UAN CVR Partners, LP 6.2%

Value $527M Shares 4,164,274 Est. Cost $78.64 Unrealized —

CTRI Centuri Holdings, Inc. 4.9%

Value $419M Shares 14,336,044 Est. Cost $21.39 Unrealized +34.3%

IFF International Flavors and Fragrances Inc. 3.6%

Value $310M Shares 4,275,000 Est. Cost $80.85 Unrealized -8.3%

MNRO Monro, Inc. 1.0%

Value $81.46M Shares 5,078,573 Est. Cost $17.83 Unrealized +17.7%

AEP American Electric Power Company 1.8%

Value $158M Shares 1,205,300 Est. Cost $71.72 Unrealized +68.1%

SD SandRidge Energy, Inc. 0.9%

Value $80.7M Shares 4,947,701 Est. Cost $18.55 Unrealized -15.4%

CZR Caesars Entertainment, Inc. 0.8%

Value $64.49M Shares 2,440,109 Est. Cost $37.57 Unrealized -41.4%

JBLU JetBlue Airways Corp. 1.7%

Value $149M Shares 33,621,735 Est. Cost $6.38 Unrealized -14.7%

BLCO Bausch Plus Lomb Corp. 0.7%

Value $55.65M Shares 3,500,000 Est. Cost $16.20 Unrealized +6.3%

IEP Icahn Enterprises LP 48.5%

Value $4.148B Shares 549,400,539 Est. Cost $40.56 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
UAN	CVR Partners, LP	4,164,274	$527M	6.2%	$78.64	—	COM	126633205
CTRI	Centuri Holdings, Inc.	14,336,044	$419M	4.9%	$21.39	+34.3%	COM SHS	155923105
IFF	International Flavors and Fragrances Inc.	4,275,000	$310M	3.6%	$80.85	-8.3%	COM	459506101
MNRO	Monro, Inc.	5,078,573	$81.46M	1.0%	$17.83	+17.7%	COM	610236101
AEP	American Electric Power Company	1,205,300	$158M	1.8%	$71.72	+68.1%	COM	025537101
SD	SandRidge Energy, Inc.	4,947,701	$80.7M	0.9%	$18.55	-15.4%	COM NEW	80007P869
CZR	Caesars Entertainment, Inc.	2,440,109	$64.49M	0.8%	$37.57	-41.4%	COM	12769G100
JBLU	JetBlue Airways Corp.	33,621,735	$149M	1.7%	$6.38	-14.7%	COM	477143101
BLCO	Bausch Plus Lomb Corp.	3,500,000	$55.65M	0.7%	$16.20	+6.3%	COMMON SHARES	071705107
IEP	Icahn Enterprises LP	549,400,539	$4.148B	48.5%	$40.56	—	DEPOSITARY UNIT	451100101