Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Icahn Enterprises LP (IEP)

115 + Investors. Track Smart Money conviction in IEP. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — IEP

Based on 115 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their IEP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 85% of 3.0Y peak

85% of all-time peak
115 funds currently hold this stock — 85% of the 3.0-year high of 135 funds (reached 2023 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +4% more funds vs a year ago

fund count last 6Q
+4 new funds entered over the past year (+4% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 48% buying

49 buying54 selling
Last quarter: 54 funds reduced or exited vs 49 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 18 → 19 → 26 → 15. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 23% medium ■ 21% new
65 out of 115 hedge funds have held IEP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

12 → 18 → 19 → 26 → 15 new funds/Q
New funds entering each quarter: 18 → 19 → 26 → 15. A growing number of institutions are discovering IEP each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 63% veterans vs 23% newcomers

■ 63% veterans ■ 13% 1-2yr ■ 23% new
Entry-cohort mix of 120 holders: 76 (63%) are 2+ year veterans, 16 entered 1–2 years ago, and 28 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 2% AUM from top-100

2% from top-100 AUM funds
17 of 111 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
2.9
out of 10
Low Exit Risk
Exit risk score 2.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — IEP

In 2026 Q1, 49 hedge funds were net buyers of IEP (15 opened a new position, 34 added to an existing one), while 54 reduced or exited (34 trimmed, 20 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 115.

Hedge Fund Ownership: IEP

How many hedge funds hold IEP — quarterly history vs. share price
Quarterly hedge fund ownership of IEP vs. share price

Market Analysis: IEP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: IEP

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Icahn Enterprises LP (IEP) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much IEP has moved relative to its sector benchmark (XLE) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
IEP
-2.8%
XLE
+60950.0%

IEP outperformed XLE by -60952.8% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
IEP
-4.6%
XLE
+49850.0%

Since the filing became public, IEP outperformed XLE by -49854.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.3
/ 10
conviction
Hedge Fund Positioning: IEP
115 + Investors

Track Smart Money conviction in IEP. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 115 120 -4.17%
13F Shares 564M 563M 0.14%
Total Value $4.26B $4.25B 0.15%
New Positions 15 26 -11
Increased Positions 31 40 -9
Closed Positions 20 22 -2
Reduced Positions 34 30 +4
Total Calls 3 2 50.0%
Total Puts 5 5 -
PUT/CALL Ratio 1.67 2.5 Bearish

Statistics: IEP

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

115 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in IEP. Verified SEC 13F-HR filings.

QUARTER:
Top 25 IEP holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Icahn Carl C 48.49% 549,400,539 $4.15B
2 Soviero Asset Management, LP 1.70% 450,000 $3.4M
3 Solutions 4 Wealth, Ltd 0.32% 28,244 $213K
4 Accuvest Global Advisors 0.18% 26,208 $198K
5 Arrow Investment Advisors, LLC 0.17% 21,195 $160K
6 Caz Investments LP 0.11% 12,717 $96K
7 Corps Capital Advisors, LLC 0.11% 16,454 $124K
8 Virtus Advisers, LLC 0.08% 21,400 $162K
9 Hbk Investments L P 0.06% 844,500 $6.4M
10 Bluefin Capital Management, LLC 0.06% 34,000 $257K
11 Key Client Fiduciary Advisors, LLC 0.05% 18,537 $140K
12 Hilton Head Capital Partners, LLC 0.04% 10,563 $80K
13 Jump Financial, LLC 0.04% 389,771 $2.9M
14 PSI Advisors, LLC 0.03% 18,356 $139K
15 Stablepoint Partners, LLC 0.03% 27,032 $204K
16 United Advisor Group, LLC 0.03% 30,862 $233K
17 Triumph Capital Management 0.02% 14,535 $117K
18 Mpwm Advisory Solutions, LLC 0.02% 4,557 $34K
19 Beacon Harbor Wealth Advisors, Inc. 0.02% 11,350 $86K
20 Claro Advisors Inc. 0.02% 19,280 $146K
21 Koshinski Asset Management, Inc. 0.02% 34,000 $257K
22 Moors & Cabot, Inc. 0.02% 47,069 $355K
23 Azzad Asset Management Inc /Adv 0.01% 18,500 $140K
24 EagleClaw Capital Managment, LLC 0.01% 13,065 $99K
25 Mgo One Seven LLC 0.01% 77,951 $589K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Icahn Enterprises LP (IEP)

What does the Smart Money Trend signal show for IEP?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their IEP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for IEP?

More sellers than buyers — 48% buying: Last quarter: 54 funds reduced or exited vs 49 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for IEP holders?

Smaller funds dominant — 2% AUM from top-100: 17 of 111 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held IEP?

57% of holders stayed for 2+ years: 65 out of 115 hedge funds have held IEP for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Icahn Enterprises LP (IEP) following the 2026 Q1 hedge fund 13F filings?

As of today, IEP has moved -4.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +49850.0% for the XLE sector ETF — an outperformance of -49854.6%. Since the quarter end (March 31, 2026), IEP has gained -2.8% vs +60950.0% for XLE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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