Carl Icahn’s Icahn Capital Filed For $CLX, $WBMD, and $MMI

Carl Icahn’s Icahn Capital recent disclosed its activist stakes in Clorox Co (CLX), Webmd Health Corp. (WBMD), and Motorola Mobility Holdings, Inc. (MMI). Carl Icahn disclosed his amendments to his positions in these stocks. Filings show Carl Icahn keeps selling CLX and now remains 6.59 million shares or 4.99% activist stake ownership. Carl Icahn has already decreased its position by 45% after he disclosed 12 million shares in CLX at the end of the third quarter. CLX is now trading at $64.91, and has returned 6% year to date.

Hedge Fund Strategies

Carl Icahn filed for WBMD on November 30th, and he did not change his previous 5.69 million shares or 9.99% activist stake position. Carl Icahn intends to discuss with the issuer about a repurchase up to one billion dollars of WBMD’s outstanding shares through a Dutch tender offer with $36 per share as the high-end of the range. Carl Icahn began to purchase WBMD in late August and reported 2.18 million shares in the stock at the end of September. Carl Icahn has increased his position in WBMD twice after his initial 13D on October 21st. He reported 5.3 million shares in the stock on November 3rd, and 5.69 million shares on November 25th. WBMD has lost 30% in 2011. The stock is priced at $36.04.

Carl Icahn disclosed 30.19 million shares in MMI, which gave him 10.08% activist stake ownership. According to the filing, Carl Icahn sold 3.32 million shares from November 18 to 28, at from $38.73 to $38.79. Carl Icahn reported 33.51 million shares in MMI at the end of September. MMI has increased by nearly 35% so far and is trading at $38.72.

In the second quarter seventeen hedge funds invested in CLX. Carl Icahn took much more shares than other hedge funds in our list. He increased his position by 25% and reported 12.5 million shares at that time.

Twenty hedge funds invested in WBMD in the second quarter. Michael Lowenstein’s Kensico Capital had 2.03 million shares in the stock, or 3.55% stake. Phill Gross And Robert Atchinson’s Adage Capital Management had 630 thousand shares. Jim Simons’ Renaissance Technologies had 340 thousand shares.

Seventeen hedge funds were also bullish about MMI beside Carl Icahn, according to their Q2 holdings. Jonathon Jacobson’s Highfields Capital Management had 8.74 million shares since January. Ken Griffin’s Citadel Investment Group increased its position by more than 21 times and reported 1.96 million shares.

Clorox Company is a Housewares & Accessories company. According to Yahoo! Finance, the company “manufactures and markets consumer and institutional products worldwide. The company operates in four segments: Cleaning, Lifestyle, Household, and International. The company was founded in 1913 and is headquartered in Oakland, California.”

WebMD Health Corp is a health information services company. The company provides branded health and wellness content, tools and services to consumers, physicians and other healthcare professionals, employers, and health planers through its online portals, mobile platforms and health-focused publications. The online portals include www.WebMD.com and www.Medscape.com, as well as other sites. The company was founded in 1995 and is headquartered in New York City, NY.

Per Yahoo! Finance, Motorola Mobility Holdings, Inc. “provides technologies, products, and services for mobile and wire line digital communication, information, and entertainment applications.” The companys operates mobile devices portfolio and home portfolio. In addition, the company offers converged media experiences, including Motorola Medios software suite. Motorola Mobility markets its products mainly in the United States, China, Brazil, and Singapore. “The company is based in Libertyville, Illinois. As of January 04, 2011, Motorola Mobility Holdings, Inc. (NYSE:MMI) operates independently of Motorola Solutions, Inc.”

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!