5 Most Famous Hedge Fund Managers and Their Top Stock Picks

3. Carl Icahn

Top Stock Pick: CVR Energy Inc. (NYSE:CVI)

With several successful hostile activist campaigns and turnaround stories, Carl Icahn is often labeled as “corporate raider” or ” vulture capitalist” who is always on the lookout for companies trading below their intrinsic value.

Icahn Enterprises, a company Icahn founded in 1987, was the biggest position of Icahn Capital. But since Icahn has a controlling stake in the company (over 80% stake), it would make sense to look at the next stock pick of the fund. Icahn Capital owns a $2.3 billion stake in CVR Energy Inc. (NYSE:CVR).