Chesapeake Energy Corporation (CHK), CVR Energy, Inc. (CVI), Netflix, Inc. (NFLX): How To Invest Like Carl Icahn

Since then, Icahn has used his trusted formula to score some of the biggest and most impressive wins in the industry. Just last year Icahn was up to his old tricks again, building a large position in Chesapeake Energy Corporation (NYSE:CHK), having its longtime CEO removed and supporting asset sales to ease concerns about liquidity. The formula has produced another huge winner for Icahn, with Chesapeake Energy Corporation (NYSE:CHK)’s 50% gain in 2013 lifting the value of his stake to $1.2 billion.

Carl Icahn’s Portfolio: What’s He Holding Now?

Icahn’s strategy of taking big positions in his favorite ideas shows up in his current portfolio. The largest holding in his $17 billion hedge fund is Icahn Enterprises at 34%. CVR Energy, Inc. (NYSE:CVI) is close behind at 16%, while Chesapeake Energy Corporation (NYSE:CHK) clocks in with a 6% allocation. Icahn also carries a $1 billion allocation to Netflix, Inc. (NASDAQ:NFLX) that he initiated in December after shares had fallen from an all-time high approaching $300 to less than $100.

Icahn’s Top 10 Holdings

Action to Take –> Carl Icahn’s investment strategy is driven by taking big positions in stocks and companies that have temporarily fallen out of favor with investors, capitalizing on a short-term drop in sentiment that has shares trading below their real value. And even though regular investors don’t have the financial ability to agitate for change at the executive level, every holder of common stock has voting rights that help shape company decisions and executive compensation.

– Michael Vodicka

Warren Buffett’s Top 5 Stocks

Buffett’s firm, Berkshire Hathaway, holds dozens of stocks. But these five make up 75% of its portfolio… worth $65 billion. Click here to get Buffett’s top 5 stocks plus his 16 latest buys, FREE.