Fundamental / Q2 2026

Icahn Associates
reported book.

Fundamental cohort. The filing shows a lagged long-equity view. It does not show a complete portfolio.
  • CIK 921669
  • Q2 2026
  • Q1 → Q2 changes
SEC filingsQ2 filing ↗Q1 filing ↗
Reported value$8.26Bcover total
Common holdings1218 raw rows
Q1 → Q2 moves4 of 12issuers changed
Top-10 concentration98.6%of common value
Manager DNAQ2 common fingerprint
Concentration
Top 1
54.0%
Top 5
92.6%
Action mix · 4 changed

0 new2 add2 cut0 exit8 unch0 mix

Exposure and options

Common 100.0%CALL 0.0% $0PUT 0.0% $0

Typical position$130.5Mmedian positive Q2 common normalized holding-row value. CALL/PUT excluded.

Positive Q2 common reported value denominator: $8,264,090,525. No checked-in security master provides a reliable ETF classification. Manager DNA omits issuer/class text markers.

01 / holdings heatmaparea = reported value · color = Q1 → Q2 action
  • Mobility / transport$118M ▼1 issuers · theme group
  • Power / utilities$59M ▼1 issuers · theme group
  • Unmapped$8.1B ▲10 issuers · theme group

Mobility / transport$118M · 1 issuers

  • JBLU$118M ▼Mobility / transport · COM

Power / utilities$59M · 1 issuers

  • AEP$59M ▼Power / utilities · COM

Unmapped$8.1B · 10 issuers

  • IEP$4.5B ▲Unmapped · DEPOSITARY UNIT
  • CVI$2.0BUnmapped · COM
  • UAN$464MUnmapped · COM
  • CNTI$434MUnmapped · COM SHS
  • IFF$339MUnmapped · COM
  • SATS$143MUnmapped · CL A
  • MNRO$87MUnmapped · COM
  • CZR$74MUnmapped · COM
  • SD$69M ▲Unmapped · COM NEW
  • BLCO$58MUnmapped · COMMON SHARES

Area shows reported value. Color shows the Q1 → Q2 action: green new or increased, red decreased or closed, amber mixed, grey unchanged. Select a theme tile to jump to its section. Curated display symbols replace long filing names where available. Options stay in the table below.

02 / full holdings tablesortable + filterable
Open the holdings table
12 shown
Normalized holdings
Status
Icahn Enterprises LPCUSIP 451100101commonDEPOSITARY UNIT · SH618,393,343$4,458,616,003increased
CVR Energy IncCUSIP 12662P108commonCOM · SH71,201,875$1,960,899,637unchanged
CVR Partners, LPCUSIP 126633205commonCOM · SH4,164,274$464,233,266unchanged
Centuri Holdings, Inc.CUSIP 155923105commonCOM SHS · SH14,336,044$433,521,971unchanged
International Flavors and Fragrances Inc.CUSIP 459506101commonCOM · SH4,275,000$338,665,500unchanged
EchoStar CorporationCUSIP 278768106commonCL A · SH1,404,542$142,561,013unchanged
JetBlue Airways Corp.CUSIP 477143101commonCOM · SH20,658,179$118,371,366decreased
Monro, Inc.CUSIP 610236101commonCOM · SH5,078,573$86,894,384unchanged
Caesars Entertainment, Inc.CUSIP 12769G100commonCOM · SH2,440,109$73,642,490unchanged
SandRidge Energy, Inc.CUSIP 80007P869commonCOM NEW · SH5,054,907$69,252,220increased
American Electric Power CompanyCUSIP 025537101commonCOM · SH434,710$59,472,675decreased
Bausch Plus Lomb Corp.CUSIP 071705107commonCOMMON SHARES · SH3,500,000$57,960,000unchanged
03 / q1 → q2 movementshare count vs value

Value movement

The cover total is an end-of-quarter measure. It is never called flow. It can change because of price, position size, or both. Share-count labels live in the action mix above and in the heatmap colors.

−$289.6M

Q2 reported value less Q1 comparable value
04 / versus the field15 pair pages · permanent canonical URLs

Icahn Associates vs

05 / warningsretained from ingestion
  • Aggregated 6 duplicate-key rows without dropping their raw rows.
Methodology / reporting lag

These pages use only normalized Q1 and Q2 2026 SEC information tables from the approved 16-manager universe. The product keeps raw rows and aggregates duplicate holding keys only in normalized views.

Form 13F reports selected long positions after quarter end. It does not reveal short positions or a complete portfolio.

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