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Carl Icahn's Strategic Moves: Southwest Gas Holdings Inc. Sees a -2% Portfolio Impact
Carl Icahn's Strategic Moves: Southwest Gas Holdings Inc. Sees a -2% Portfolio Impact

Yahoo

time15-05-2025

  • Business
  • Yahoo

Carl Icahn's Strategic Moves: Southwest Gas Holdings Inc. Sees a -2% Portfolio Impact

Carl Icahn (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Carl Icahn (Trades, Portfolio) is an activist investor known for taking significant stakes in public companies and typically pushing for change. He invests through three main vehicles: the hedge fund Icahn Partners, American Real Estate Partners (a publicly traded private equity firm), and Icahn Management LP (another hedge fund). GuruFocus tracks the third portfolio, which covers all the stocks owned by Icahn Capital Management. Icahn's strategy involves buying undervalued assets, often out of bankruptcy, and revitalizing them for future sale. He believes that "the consensus thinking is generally wrong" and prefers investing in non-glamorous, out-of-favor companies, especially when entire industries are overlooked. Warning! GuruFocus has detected 5 Warning Signs with IEP. Carl Icahn (Trades, Portfolio) also increased stakes in a total of four stocks, among them: The most notable increase was in JetBlue Airways Corp (NASDAQ:JBLU), with an additional 15,894,706 shares, bringing the total to 33,621,735 shares. This adjustment represents a significant 89.66% increase in share count, a 1.02% impact on the current portfolio, with a total value of $162,056,760. The second largest increase was in CVR Energy Inc (NYSE:CVI), with an additional 1,841,889 shares, bringing the total to 68,534,270. This adjustment represents a 2.76% increase in share count, with a total value of $1,329,564,830. Carl Icahn (Trades, Portfolio) also reduced his position in one stock. The most significant change includes: Reduced Southwest Gas Holdings Inc (NYSE:SWX) by 2,100,000 shares, resulting in a -21.8% decrease in shares and a -2% impact on the portfolio. The stock traded at an average price of $74.04 during the quarter and has returned -9.22% over the past three months and -0.47% year-to-date. At the first quarter of 2025, Carl Icahn (Trades, Portfolio)'s portfolio included 14 stocks. The top holdings were 54.55% in Icahn Enterprises LP (NASDAQ:IEP), 17.76% in CVR Energy Inc (NYSE:CVI), 7.22% in Southwest Gas Holdings Inc (NYSE:SWX), 4.12% in CVR Partners LP (NYSE:UAN), and 3.89% in International Flavors & Fragrances Inc (NYSE:IFF). The holdings are mainly concentrated in six of the 11 industries: Energy, Utilities, Basic Materials, Healthcare, Consumer Cyclical, and Industrials. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Carl Icahn's Strategic Moves: Southwest Gas Holdings Inc. Sees a -2% Portfolio Impact
Carl Icahn's Strategic Moves: Southwest Gas Holdings Inc. Sees a -2% Portfolio Impact

Yahoo

time15-05-2025

  • Business
  • Yahoo

Carl Icahn's Strategic Moves: Southwest Gas Holdings Inc. Sees a -2% Portfolio Impact

Carl Icahn (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Carl Icahn (Trades, Portfolio) is an activist investor known for taking significant stakes in public companies and typically pushing for change. He invests through three main vehicles: the hedge fund Icahn Partners, American Real Estate Partners (a publicly traded private equity firm), and Icahn Management LP (another hedge fund). GuruFocus tracks the third portfolio, which covers all the stocks owned by Icahn Capital Management. Icahn's strategy involves buying undervalued assets, often out of bankruptcy, and revitalizing them for future sale. He believes that "the consensus thinking is generally wrong" and prefers investing in non-glamorous, out-of-favor companies, especially when entire industries are overlooked. Warning! GuruFocus has detected 5 Warning Signs with IEP. Carl Icahn (Trades, Portfolio) also increased stakes in a total of four stocks, among them: The most notable increase was in JetBlue Airways Corp (NASDAQ:JBLU), with an additional 15,894,706 shares, bringing the total to 33,621,735 shares. This adjustment represents a significant 89.66% increase in share count, a 1.02% impact on the current portfolio, with a total value of $162,056,760. The second largest increase was in CVR Energy Inc (NYSE:CVI), with an additional 1,841,889 shares, bringing the total to 68,534,270. This adjustment represents a 2.76% increase in share count, with a total value of $1,329,564,830. Carl Icahn (Trades, Portfolio) also reduced his position in one stock. The most significant change includes: Reduced Southwest Gas Holdings Inc (NYSE:SWX) by 2,100,000 shares, resulting in a -21.8% decrease in shares and a -2% impact on the portfolio. The stock traded at an average price of $74.04 during the quarter and has returned -9.22% over the past three months and -0.47% year-to-date. At the first quarter of 2025, Carl Icahn (Trades, Portfolio)'s portfolio included 14 stocks. The top holdings were 54.55% in Icahn Enterprises LP (NASDAQ:IEP), 17.76% in CVR Energy Inc (NYSE:CVI), 7.22% in Southwest Gas Holdings Inc (NYSE:SWX), 4.12% in CVR Partners LP (NYSE:UAN), and 3.89% in International Flavors & Fragrances Inc (NYSE:IFF). The holdings are mainly concentrated in six of the 11 industries: Energy, Utilities, Basic Materials, Healthcare, Consumer Cyclical, and Industrials. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

CVR: Q1 Earnings Snapshot
CVR: Q1 Earnings Snapshot

Yahoo

time29-04-2025

  • Business
  • Yahoo

CVR: Q1 Earnings Snapshot

SUGAR LAND, Texas (AP) — SUGAR LAND, Texas (AP) — CVR Energy Inc. (CVI) on Monday reported a loss of $123 million in its first quarter. The Sugar Land, Texas-based company said it had a loss of $1.22 per share. Losses, adjusted for non-recurring costs, were 58 cents per share. The diversified holding company posted revenue of $1.65 billion in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CVI at Sign in to access your portfolio

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