Carl Icahn disclosed a $1.03 billion position in the $10 billion producer of natural gas liquids and oil in the US Chesapeake Energy Corporation (NYSE:CHK). The company’s stock price declined by 23.76% year-to-date, also due to the decrease in the oil price. However, during the first quarter of 2015, Carl Icahn‘s fund has increased its position in Chesapeake Energy Corporation (NYSE:CHK) by 9.93%, holding 73.05 million shares worth $1.03 billion at the end of March. The company pays a quarterly dividend of $0.09 and sports a yield of 2.35%. Mason Hawkins’ Southeastern Asset Management and William B. Gray’s Orbis Investment Management are other large shareholders of Chesapeake Energy Corporation (NYSE:CHK), holding 64.20 million shares and 9.83 million shares.
In American Railcar Industries, Inc. (NASDAQ:ARII), a company engaged in the railcar industry, Icahn Capital owned 11.87 million shares valued at $590.36 million. American Railcar Industries, Inc. (NASDAQ:ARII)’s quarterly dividend amounts to $0.40 per share, which gives it a yield of 2.95%. For the first quarter of 2015, the company reported strong financial results with an increase in net income by 68.39% on the year to $34.98 million, or $1.64 diluted EPS. Other shareholders that have disclosed large positions in the American Railcar Industries, Inc. (NASDAQ:ARII) include Murray Stahl’s Horizon Asset Management and Chuck Royce’s Royce & Associates with 241,968 shares and 215,509 shares, respectively.