What did Carl Icahn buy in Q3 2025?

Carl Icahn opened 2 new positions (SATS, MNRO) and added to 2 existing holdings in the Q3 2025 13F.

What did Carl Icahn sell in Q3 2025?

Carl Icahn exited 1 position (BHC) and trimmed 0.

What Carl Icahn bought and sold in Q3 2025

In Q3 2025, Carl Icahn (Icahn Capital) opened 2 new positions — including SATS (3.6%), MNRO (0.3%), added to 2, exited 1 (BHC). The book stood at $9.14B across 13 positions, filed Nov 14, 2025.

2New2Added0Trimmed1Exited

Share𝕏 in

New positions (2)

SATSEchostar Corp-a3.6% · $333M
MNROMonro Inc0.3% · $26M

Added to (2)

IFFIntl Flavors & Fragrances+27% shares · 3.2% · $292M
CTRICenturi Holdings Inc+69% shares · 2.5% · $230M

Exited (1)

BHCBausch Health Cos Incwas 2.9% of book

Carl Icahn's other filings

Q2 2026 changes Q1 2026 changes Q4 2025 changes Q2 2025 changes Q1 2025 changes

Carl Icahn's full portfolio →The whole cohort in Q3 2025 →

Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.