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Carl Icahn Buys SandRidge Energy Inc

- By insider

Investment company Carl Icahn buys SandRidge Energy Inc during the 3-months ended 2017-12-31, according to the most recent filings of the investment company, Icahn Capital Management LP. As of 2017-12-31, Icahn Capital Management LP owns 17 stocks with a total value of $22.7 billion. These are the details of the buys and sells.

  • New Purchases: SD,
  • Added Positions: IEP,
  • Reduced Positions: PYPL, WBT,

For the details of Carl Icahn's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Carl+Icahn

These are the top 5 holdings of Carl Icahn

  1. Icahn Enterprises LP (IEP) - 157,898,582 shares, 36.93% of the total portfolio. Shares added by 2.88%
  2. CVR Energy Inc (CVI) - 71,198,718 shares, 11.7% of the total portfolio.
  3. American International Group Inc (AIG) - 42,978,619 shares, 11.3% of the total portfolio.
  4. Cheniere Energy Inc (LNG) - 32,680,490 shares, 7.76% of the total portfolio.
  5. Herbalife Ltd (HLF) - 22,872,324 shares, 6.84% of the total portfolio.

New Purchase: SandRidge Energy Inc (SD)

Carl Icahn initiated holdings in SandRidge Energy Inc. The purchase prices were between $16 and $21.07, with an estimated average price of $18.63. The stock is now traded at around $15.76. The impact to the portfolio due to this purchase was 0.45%. The holdings were 4,818,832 shares as of 2017-12-31.

Here is the complete portfolio of Carl Icahn. Also check out:

1. Carl Icahn's Undervalued Stocks

2. Carl Icahn's Top Growth Companies, and

3. Carl Icahn's High Yield stocks

4. Stocks that Carl Icahn keeps buyingThis article first appeared on GuruFocus.