Billionaire Carl Icahn‘s Icahn Capital LP recently filed an amended Form 13D with the SEC in which it reported raising its stake in Icahn Enterprises L.P. (NASDAQ:IEP) to 127.07 million depositary units representing limited partner interests, which account for 89.72% of the float. According to its 13F filing for the end of June, the fund’s stake previously consisted of 123.55 million depositary units.
Carl Icahn is the Chairman and majority owner of Icahn Enterprises L.P., a diversified holding company that operates in different business sectors, such as Energy, Gaming, Automotive, Mining, Home Fashion, Metals, and Real Estate. Year-to-date, the company’s stock is down by 18.63%. For the second quarter of 2016, Icahn Enterprises L.P. disclosed a loss per depositary unit of $0.50 and revenue of $4.35 billion, compared to earnings per depositary unit of $1.68 and revenue of $4.98 billion for the same quarter of the prior year.
Six hedge funds in Insider Monkey’s database were long Icahn Enterprises L.P. (NASDAQ:IEP) on June 30, same as on March 31. Among those bullish investors were Jim Simons’ Renaissance Technologies, which held a position valued at $1.4 million, Ken Griffin’s Citadel Investment Group, with a position worth around $367,000, and Mark Coe’s Coe Capital Management.
You can access the original SEC filing by clicking here.
Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|High Coast Limited Partnership||56,712,516||30,961,273||56,712,516||30,961,273||87,673,789||61.90%|
|Thornwood Associates Limited Partnership||5,231,586||0||5,231,586||0||5,231,586||3.69%|
|Starfire Holding Corporation||0||15,354,535||0||15,354,535||15,354,535||10.84%|
|Little Meadow Corp||0||106,486,726||0||106,486,726||106,486,726||75.19%|
|Carl C. Icahn||0||127,072,847||0||127,072,847||127,072,847||89.72%|
|Date of Transaction Amount of Securities CCI Onshore|