Tracking Carl Icahn's 13F Report - Q4 2025 Update

John Vincent26.08K FollowersFollow5ShareSavePlay(14min)Comment(1)SummaryCarl Icahn’s Q4 2025 13F portfolio remains concentrated in Icahn Enterprises, CVR Energy, Southwest Gas, CVR Partners, and EchoStar.IEP position increased to 549M shares, primarily via dividend reinvestment; current price is $7.65 versus $5.29 NAV per share.Significant stake increases in Centuri Holdings and Monro, Inc. highlight aggressive accumulation, with Icahn now holding ~14.4% and ~17% ownership, respectively.EchoStar and International Flavors & Fragrances saw notable reductions, while positions in CVR Energy, Southwest Gas, and CVR Partners were largely maintained. jetcityimage/iStock Editorial via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to Carl Icahn’s 13F portfolio on a quarterly basis. It is based on Icahn’s regulatory 13F Form filedThis article was written byJohn Vincent26.08K FollowersFollowFocused on analyzing 13F reports & building tools to help DIY investors generate absolute returns through exploiting inefficiency, volatility, and momentum.

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