The Securities and Exchange Commission's (SEC) Form 13F is a quarterly report that is required to be filed by all institutional investment managers with at least $100 million in assets under management. It discloses their equity holdings and can provide insights into what the smart money is doing in the market.
Hedge funds are required to file Form 13F within 45 days after the last day of the calendar quarter. Most funds wait until the end of this period in order to conceal their investment strategy from competitors and the public.
The 13F filing covers a wide spectrum of details on the trading and performance activities of the firms. This data is not always well structured and therefore hard for users to analyze. RADiENT provides all the disclosed information in a structured and visually appealing manner.
Form 13F data on RADiENT is regularly updated and cross-referenced with the firm's latest Form ADV and its respective funds on the RADiENT screener.
RADiENT 13F Features enable users to:
1) Search for firms by their names or CIK
Users can filter for firms by simply clicking on the header descriptions:
2) Insights on securities disclosed in the Form 13f filings of firms.
3) Historical and Detailed Analysis
Icahn Capital’s latest Form 13F discloses a market value of ~ $22B with a turnover of 25% for the reporting period ending 31st March 2022. The firm saw a loss of $422M in its current market value from its 13F disclosure. This drop-in market value is mainly attributed to the movements in the price of the securities held.
4) Find similar firms that have filed their recent Form 13F filings.
5) Track the market value of the firm and the trend of the top 10 holdings of the portfolio.
Icahn’s historical market value data shows that the firm performed its best as of 30 June 2014. The current market value of the firm stands at $22B.
6) Track the securities whose holding quantities increased since the last reporting period.
Users can also download a complete and detailed report of the securities the firm bought over this period.
7) The ‘Top Sells’ table shows the securities whose holding quantities decreased since the last reporting period, sorted by the highest reduction in the value of the holding.
8) Track the current/ historical top 10 holdings of the firm.
RADiENT data shows that Icahn Capital operates under a high-concentration and heavy-conviction investment strategy, owning only 16 positions.
The fund has a long-term mindset and holds each stock in its portfolio for an average of 18.5 quarters, or just over 4.5 years. In addition, Icahn has a top 10 holdings concentration of 96.04%.
During the first quarter, Icahn purchased just one new stock: International Flavors and Fragrances. IFF stock has declined about 12% year-to-date (YTD), but it has outperformed the S&P 500’s YTD loss of 14%.
Furthermore, Icahn completely sold out of Occidental Petroleum. He first purchased shares of OXY stock during Q2 of 2019. Occidental was also the S&P 500’s best performer during Q1.
More about Icahn Capital :
Billionaire Carl Icahn reached a settlement with Southwest Gas Holdings Inc. to replace its chief executive officer and name up to four directors to its board. Southwest Gas Holdings Inc. shares edged higher after reaching a deal with Carl Icahn to replace the utility’s chief executive officer and allow the billionaire activist to name up to four directors to the board.
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