4 min learn


This story initially appeared on ValueWalk

Carl Icahn is an American billionaire and hedge fund supervisor with a net worth of greater than $15.1 billion as of 2021. Icahn began out within the Nineteen Eighties, and is now among the many wealthiest hedge fund managers with greater than $20 billion in managed securities. His activism and aggressive funding ways have earned him the title of a “company raider.” His funding fund has given a return of greater than 73% since its inception in November 2004 via the tip of 2020. Detailed beneath are the highest ten picks of Carl Icahn.

Q1 2021 hedge fund letters, conferences and more

High Ten Picks Of Carl Icahn

We now have ranked the highest ten picks of Carl Icahn on the idea of the proportion worth they characterize of Icahn’s complete portfolio. Following are the highest ten picks of Carl Icahn:

  1. Herc Holdings (1.91%)

Based in 1965, this firm gives development and industrial tools for hire. Icahn holds 4,494,789 shares of Herc with a worth of $455,457,000 as of March 31. The corporate reported income of $1.3 billion in Q1 for the fiscal 12 months 2021. Herc shares are up over 300% previously one 12 months, and YTD, its shares are up greater than 60%. The corporate is headquartered in Bonita Springs (FL).

  1. Cloudera (2.67%)

Based in 2008, this firm gives a collection of administration and knowledge analytics merchandise. Icahn holds 52,327,391 shares of Cloudera with a worth of $636,824,000 as of March 31. The corporate reported income of $226.6 million in its fourth quarter. Cloudera shares are up over 42% previously one 12 months, and YTD, its shares are up greater than 13%. The corporate is headquartered in Santa Clara (CA).

  1. FirstEnergy (2.76%)

Based in 1996, this firm offers within the era, transmission and distribution of electrical energy. Icahn holds 18,967,757 shares of FirstEnergy with a worth of $657,991,000 as of March 31. The corporate reported income of $2.7 billion in Q1 of 2021. FirstEnergy shares are down over 8% previously one 12 months, and YTD, its shares are up greater than 25%. The corporate has its headquarters in Akron (OH).

  1. Xerox Holdings (2.93%)

Based in 2019, it’s a office know-how firm that develops and integrates software program and {hardware} for enterprises. Icahn holds 28,769,235 shares of Xerox Holdings with a worth of $698,229,000 as of March 31. The corporate reported income of $1.71 billion in Q1 of 2021. Xerox Holdings shares are up over 56% previously one 12 months, and YTD, its shares are up greater than 8%. The corporate is headquartered in Norwalk (CT).

  1. Navistar Worldwide (3.09%)

Based in 1902, it’s a holding firm that makes army vans, college and business buses, in addition to proprietary diesel engines and repair elements. Icahn holds 16,729,960 shares of Navistar with a worth of $736,620,000 as of March 31. The corporate reported income of $1.8 billion in Q1 of 2021. Navistar International shares are up over 70% previously one 12 months, and YTD, its shares are up greater than 1%. The corporate has its headquarters in Lisle (IL).

  1. Bausch Well being Firms (4.54%)

Based in 1994, this firm develops, manufactures and markets branded, generic and branded generic prescribed drugs. Icahn holds 34,109,152 shares of Bausch Health with a worth of $1,082,624,000 as of March 31. The corporate reported income of $2.027 billion in Q1 of 2021. Bausch Well being shares are up over 83% previously one 12 months, and YTD, its shares are up greater than 50%. The corporate is headquartered in Laval (Canada).

  1. Cheniere Power (4.88%)

Based in 1983, it’s an vitality infrastructure firm that offers in liquefied pure fuel. Icahn holds 16,168,606 shares of Cheniere Energy with a worth of $1,164,301,000 as of March 31. The corporate reported consolidated adjusted EBITDA of $1.5 billion for Q1 2021. Cheniere Power shares are up over 90% previously one 12 months, and YTD, its shares are up greater than 45%. The corporate has its headquarters in Houston (TX).

  1. Newell Manufacturers (4.91%)

Based in 1903, it makes, markets and sells client and business merchandise. Icahn holds 43,704,616 shares of Newell Brands with a worth of $1,170,410,000 as of March 31. The corporate reported income of $2.07 billion for Q1 2021. Newell Manufacturers shares are up over 87% previously one 12 months, and YTD, its shares are up greater than 31%. The corporate is headquartered in Atlanta (GA).

  1. CVR Power (5.73%)

Based in 1906, it’s a holding firm that offers within the petroleum refining and advertising enterprise. Icahn holds 71,198,718 shares of CVR Energy with a worth of $1,365,591,000 as of March 31. The corporate reported an EBITDA of lower than $1 million for Q1 2021. CVR Power shares are up over 18% previously one 12 months, and YTD, its shares are up greater than 56%. The corporate has its headquarters in Sugar Land (TX).

  1. Occidental Petroleum (9.60%)

Based in 1920, this firm offers within the exploration and manufacturing of oil and pure fuel. Icahn holds 86,027,271 shares of Occidental Petroleum with a worth of $2,290,046,000 as of March 31. The corporate reported a web lack of $346 million for Q1 2021. Occidental Petroleum shares are up over 62% previously one 12 months, and YTD, its shares are up greater than 63%. The corporate is headquartered in Houston (TX).