13F filing recap · Q4 2025

What did Icahn Capital LP buy in Q4 2025?

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

Stock value

$8.45B

Positions

Estimated turnover

6.0%

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 LP slightly added to Icahn Enterprises and Sandridge Energy, while trimming Echostar and International Flavors & Fragrances. The firm also increased its Centuri Holdings stake and dramatically boosted its Monro position.

Increased positions

IEPIcahn Enterprises L.p.$4.15Breported value+30.47M shares+5.9%CTRICenturi Holdings, Inc.$361.99Mreported value+3.49M shares+32.2%MNROMonro, Inc.$101.77Mreported value+3.61M shares+246.7%SDSandridge Energy, Inc.$70.87Mreported value+41.3K shares+0.8%

Reduced positions

ECHOEchostar Corporation$364.64Mreported value-1.00M shares-23.0%IFFInternational Flavors & Fragrances Inc$288.09Mreported value-475.0K shares-10.0%