13F filing recap · Q2 2025

What did Icahn Capital LP buy in Q2 2025?

Reported stock-position changes between this filing and the previous one.

Stock value

$7.89B

Positions

Estimated turnover

9.2%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Quarter in review

Icahn Capital exited Dana Incorporated and Illumina entirely. It added slightly to Icahn Enterprises, Cvr Energy, and Cvr Partners, and sharply increased its Centuri Holdings stake.

Increased positions

IEPIcahn Enterprises L.p.$3.98Breported value+44.00M shares+9.8%CVICvr Energy, Inc$1.89Breported value+1.88M shares+2.7%UANCvr Partners, LP$369.95Mreported value+65.1K shares+1.6%CTRICenturi Holdings, Inc.$143.70Mreported value+3.92M shares+157.5%

Exited positions

DANDana Incorporated$190.44Mprior reported value-14.29M shares-100.0%ILMNIllumina, Inc.$17.45Mprior reported value-220.0K shares-100.0%