Who owns IEP (IEP)
Which tracked institutional funds hold IEP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See IEP company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
9 tracked funds added or opened IEP while 6 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
IEP’s largest tracked holder by dollar value, ICAHN CARL C, sizes it at 48.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 48.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in IEP divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 111 tracked filers holding IEP, 44 increased or opened the position and 55 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in IEP between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 2
- Soviero Asset Management, LP$3M
- HRT FINANCIAL LP$1M
Full exits 2
- JANE STREET GROUP, LLC$3M
- CITADEL ADVISORS LLC$2M
Largest adds
- MORGAN STANLEY$13M
- Jump Financial, LLC$2M
- BANK OF AMERICA CORP /DE/$616K
- MGO ONE SEVEN LLC$448K
- EverSource Wealth Advisors, LLC$356K
- BARCLAYS PLC$281K
Largest trims
- GROUP ONE TRADING LLC$5M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$1M
- GOLDMAN SACHS GROUP INC$527K
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC$253K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ICAHN CARL C | 549,400,539 | $4.1B | 97.7% | 2026-Q1 |
| MORGAN STANLEY added | 5,672,922 | $43M | 1.0% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 804,009 | $6M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 741,381 | $6M | 0.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 581,123 | $4M | 0.1% | 2026-Q1 |
| Soviero Asset Management, LP new | 450,000 | $3M | 0.1% | 2026-Q1 |
| Jump Financial, LLC added | 389,771 | $3M | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 172,930 | $1M | 0.0% | 2026-Q1 |
| Invesco Ltd. added | 161,869 | $1M | 0.0% | 2026-Q1 |
| HRT FINANCIAL LP added | 159,495 | $1M | 0.0% | 2026-Q1 |
| SIMPLEX TRADING, LLC trimmed | 153,636 | $1M | 0.0% | 2026-Q1 |
| LPL Financial LLC trimmed | 132,989 | $1M | 0.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 131,828 | $995K | 0.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 108,724 | $821K | 0.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 107,022 | $808K | 0.0% | 2026-Q1 |
| GROUP ONE TRADING LLC trimmed | 84,198 | $636K | 0.0% | 2026-Q1 |
| MGO ONE SEVEN LLC added | 77,951 | $589K | 0.0% | 2026-Q1 |
| BARCLAYS PLC added | 67,480 | $509K | 0.0% | 2026-Q1 |
| Mariner, LLC added | 61,284 | $463K | 0.0% | 2026-Q1 |
| UBS Group AG added | 60,205 | $455K | 0.0% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP trimmed | 54,847 | $414K | 0.0% | 2026-Q1 |
| EverSource Wealth Advisors, LLC added | 2,309 | $369K | 0.0% | 2026-Q1 |
| Moors & Cabot, Inc. trimmed | 47,069 | $355K | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 44,386 | $335K | 0.0% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 42,880 | $324K | 0.0% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 42,005 | $317K | 0.0% | 2026-Q1 |
| Focus Partners Wealth new | 41,893 | $316K | 0.0% | 2026-Q1 |
| Koshinski Asset Management, Inc. | 34,000 | $257K | 0.0% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 32,804 | $248K | 0.0% | 2026-Q1 |
| United Advisor Group, LLC trimmed | 30,862 | $233K | 0.0% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ | 30,000 | $227K | 0.0% | 2026-Q1 |
| GAMCO INVESTORS, INC. ET AL added | 30,000 | $226K | 0.0% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 28,175 | $218K | 0.0% | 2026-Q1 |
| Solutions 4 Wealth, Ltd added | 28,244 | $213K | 0.0% | 2026-Q1 |
| Kovack Advisors, Inc. new | 27,326 | $207K | 0.0% | 2026-Q1 |
| Stablepoint Partners, LLC | 27,032 | $204K | 0.0% | 2026-Q1 |
| Meridian Wealth Management, LLC trimmed | 26,981 | $204K | 0.0% | 2026-Q1 |
| M&T Bank Corp added | 26,562 | $201K | 0.0% | 2026-Q1 |
| Accuvest Global Advisors trimmed | 26,208 | $198K | 0.0% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 25,495 | $192K | 0.0% | 2026-Q1 |
| PFG Investments, LLC added | 25,447 | $192K | 0.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 25,058 | $189K | 0.0% | 2026-Q1 |
| OPPENHEIMER & CO INC | 24,086 | $182K | 0.0% | 2026-Q1 |
| Cetera Investment Advisers added | 24,008 | $181K | 0.0% | 2026-Q1 |
| VIRTUS ADVISERS, LLC trimmed | 21,400 | $162K | 0.0% | 2026-Q1 |
| Arrow Investment Advisors, LLC added | 21,195 | $160K | 0.0% | 2026-Q1 |
| Brookstone Capital Management | 20,467 | $155K | 0.0% | 2026-Q1 |
| Claro Advisors Inc. added | 19,280 | $146K | 0.0% | 2026-Q1 |
| Key Client Fiduciary Advisors, LLC trimmed | 18,537 | $140K | 0.0% | 2026-Q1 |
| AZZAD ASSET MANAGEMENT INC /ADV added | 18,500 | $140K | 0.0% | 2026-Q1 |
| PSI Advisors, LLC trimmed | 18,356 | $139K | 0.0% | 2026-Q1 |
| Corps Capital Advisors, LLC | 16,454 | $124K | 0.0% | 2026-Q1 |
| Triumph Capital Management | 14,535 | $117K | 0.0% | 2026-Q1 |
| Sankala Group LLC added | 15,000 | $114K | 0.0% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 14,279 | $108K | 0.0% | 2026-Q1 |
| INSIGNEO ADVISORY SERVICES, LLC trimmed | 14,098 | $106K | 0.0% | 2026-Q1 |
| Merit Financial Group, LLC added | 13,224 | $100K | 0.0% | 2026-Q1 |
| TWO SIGMA SECURITIES, LLC trimmed | 13,155 | $99K | 0.0% | 2026-Q1 |
| EagleClaw Capital Managment, LLC | 13,065 | $99K | 0.0% | 2026-Q1 |
| CAZ INVESTMENTS LP | 12,717 | $96K | 0.0% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 12,086 | $91K | 0.0% | 2026-Q1 |
| Beacon Harbor Wealth Advisors, Inc. | 11,350 | $86K | 0.0% | 2026-Q1 |
| Cornerstone Wealth Management, LLC new | 10,984 | $83K | 0.0% | 2026-Q1 |
| Advisory Services Network, LLC trimmed | 10,876 | $82K | 0.0% | 2026-Q1 |
| Hilton Head Capital Partners, LLC trimmed | 10,563 | $80K | 0.0% | 2026-Q1 |
| Allworth Financial LP added | 10,206 | $77K | 0.0% | 2026-Q1 |
| Ancora Advisors LLC added | 10,100 | $76K | 0.0% | 2026-Q1 |
| CWM, LLC added | 8,141 | $61K | 0.0% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP trimmed | 7,695 | $57K | 0.0% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. | 6,482 | $49K | 0.0% | 2026-Q1 |
| Western Wealth Management, LLC trimmed | 6,243 | $47K | 0.0% | 2026-Q1 |
| Spire Wealth Management trimmed | 5,500 | $42K | 0.0% | 2026-Q1 |
| Anfield Capital Management, LLC | 5,313 | $40K | 0.0% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 351,890 | $3M | 0.1% | 2025-Q4 stale |
| CITADEL ADVISORS LLC trimmed | 317,422 | $2M | 0.1% | 2025-Q4 stale |
| Fort Point Capital Partners LLC | 80,100 | $674K | 0.0% | 2025-Q3 stale |
| AXXCESS WEALTH MANAGEMENT, LLC added | 66,965 | $539K | 0.0% | 2025-Q2 stale |
| Counterpoint Mutual Funds LLC added | 62,787 | $529K | 0.0% | 2025-Q3 stale |
| Virtu Financial LLC added | 57,584 | $485K | 0.0% | 2025-Q3 stale |
| Bramshill Investments, LLC trimmed | 50,774 | $428K | 0.0% | 2025-Q3 stale |
| Corient Private Wealth LLC added | 39,226 | $330K | 0.0% | 2025-Q3 stale |
| CAPTRUST FINANCIAL ADVISORS added | 41,505 | $313K | 0.0% | 2025-Q4 stale |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 38,142 | $288K | 0.0% | 2025-Q4 stale |
| BLUEFIN CAPITAL MANAGEMENT, LLC added | 34,000 | $257K | 0.0% | 2025-Q4 stale |
| IMC-Chicago, LLC trimmed | 32,800 | $248K | 0.0% | 2025-Q4 stale |
| STIFEL FINANCIAL CORP trimmed | 29,336 | $236K | 0.0% | 2025-Q2 stale |
| SG Americas Securities, LLC added | 28,334 | $228K | 0.0% | 2025-Q2 stale |
| LITTLEJOHN FINANCIAL SERVICES, INC. added | 24,000 | $217K | 0.0% | 2025-Q1 stale |
| WOLVERINE TRADING, LLC trimmed | 24,864 | $211K | 0.0% | 2025-Q3 stale |
| DRW Securities, LLC new | 24,084 | $203K | 0.0% | 2025-Q3 stale |
| HighPoint Advisor Group LLC added | 25,299 | $191K | 0.0% | 2025-Q4 stale |
| Paragon Capital Management Ltd added | 20,598 | $173K | 0.0% | 2025-Q3 stale |
| Arista Wealth Management, LLC | 20,000 | $168K | 0.0% | 2025-Q3 stale |
| KPP Advisory Services LLC added | 12,091 | $102K | 0.0% | 2025-Q3 stale |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 10,839 | $98K | 0.0% | 2025-Q1 stale |
| WMG Financial Advisors, LLC new | 10,500 | $95K | 0.0% | 2025-Q1 stale |
| Prime Capital Investment Advisors, LLC trimmed | 10,225 | $93K | 0.0% | 2025-Q1 stale |
| HighTower Advisors, LLC trimmed | 10,778 | $87K | 0.0% | 2025-Q2 stale |
| MML INVESTORS SERVICES, LLC trimmed | 10,196 | $86K | 0.0% | 2025-Q3 stale |
| Global Retirement Partners, LLC trimmed | 7,344 | $55K | 0.0% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.