Icahn Enterprises L.P. Files SC 13D/A Amendment
Ticker: IEP · Form: SC 13D/A · Filed: Sep 27, 2024 · CIK: 813762
| Field | Detail |
|---|---|
| Company | Icahn Enterprises L.P. (IEP) |
| Form Type | SC 13D/A |
| Filed Date | Sep 27, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 9 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-filing, amendment, activist-investor
TL;DR
Icahn filed an update on his stake in Icahn Enterprises L.P. - watch for strategic moves.
AI Summary
Carl Icahn, through various entities including Icahn Enterprises L.P., has filed an SC 13D/A amendment on September 27, 2024. The filing pertains to Icahn Enterprises L.P., a company in the motor vehicle parts & accessories sector, incorporated in Delaware. The filing details changes in beneficial ownership and potentially strategic interests in the company.
Why It Matters
This filing indicates potential shifts in significant beneficial ownership and strategic actions by Carl Icahn and his associated entities concerning Icahn Enterprises L.P.
Risk Assessment
Risk Level: medium — SC 13D filings often signal significant changes in a major shareholder's intentions, which can lead to volatility.
Key Players & Entities
- ICAHN ENTERPRISES L.P. (company) — Subject Company
- ICAHN CARL C (person) — Filer
- BARBERRY CORP. (company) — Group Member
- CCI ONSHORE LLC (company) — Group Member
- GASCON PARTNERS (company) — Group Member
- HIGH COAST LIMITED PARTNERSHIP (company) — Group Member
- HIGHCREST INVESTORS LLC (company) — Group Member
- LITTLE MEADOW CORP. (company) — Group Member
- STARFIRE HOLDING CORP (company) — Group Member
- THORNWOOD ASSOCIATES LIMITED PARTNERSHIP (company) — Group Member
FAQ
What is the primary purpose of this SC 13D/A filing?
The filing is an amendment to a Schedule 13D, indicating changes in beneficial ownership or other material information regarding Icahn Enterprises L.P.
Who is the subject company of this filing?
The subject company is ICAHN ENTERPRISES L.P., with Central Index Key 0000813762.
Who is the primary filer associated with this amendment?
Carl C. Icahn, with Central Index Key 0000921669, is listed as a filer.
What industry does Icahn Enterprises L.P. operate in?
Icahn Enterprises L.P. operates in the MOTOR VEHICLE PARTS & ACCESSORIES sector, with SIC code 3714.
When was this filing submitted to the SEC?
This filing was submitted on September 27, 2024.
Filing Stats: 2,351 words · 9 min read · ~8 pages · Grade level 13.4 · Accepted 2024-09-27 17:00:09
Filing Documents
- n2779_x251-sc13da.htm (SC 13D/A) — 84KB
- 0001539497-24-002049.txt ( ) — 86KB
Interest in Securities of the Issuer
Item 5. Interest in Securities of the Issuer Items 5(a), 5(b) and 5(c) of the Initial 13D are hereby amended and restated as follows: (a) The Reporting Persons may be deemed to beneficially own, in the aggregate, 433,206,933 Depositary Units, representing approximately 86.24% of the Issuer's outstanding Depositary Units (based upon: (i) the 475,462,962 Depositary Units stated to be outstanding as of August 7, 2024 by the Issuer in the Issuer's Form 10-Q filing filed with the Securities and Exchange Commission on August 7 , 2024; plus (ii) the 26,892,947 Depositary Units issued to the Reporting Persons by the Issuer on September 25, 2024 in connection with a regular quarterly distribution of Depositary Units by the Issuer). (b) CCI Onshore has sole voting power and sole dispositive power with respect to 92,557,626 Depositary Units. Pursuant to Rule 13d-3(a) under the Exchange Act, each of High Coast, Little Meadow and Mr. Icahn (by virtue of their relationships to CCI Onshore) may be deemed to indirectly beneficially own the Depositary Units which CCI Onshore owns. Each of High Coast, Little Meadow and Mr. Icahn disclaims beneficial ownership of the Depositary Units for all other purposes. Gascon has sole voting power and sole dispositive power with respect to 59,548,564 Depositary Units. Pursuant to Rule 13d-3(a) under the Exchange Act, each of Little Meadow and Mr. Icahn (by virtue of their relationships to Gascon) may be deemed to indirectly beneficially own the Depositary Units which Gascon owns. Each of Little Meadow and Mr. Icahn disclaims beneficial ownership of the Depositary Units for all other purposes. High Coast has sole voting power and sole dispositive power with respect to 217,077,397 Depositary Units. Pursuant to Rule 13d-3(a) under the Exchange Act, each of Little Meadow and Mr. Icahn (by virtue of their relationships to High Coast) may be deemed to indirectly beneficially own the Depositary Units which High Coast owns. Each of Little Meadow and
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned certifies that the information set forth in this statement on Schedule 13D concerning the depositary units representing limited partner interests in Icahn Enterprises L.P., a Delaware limited partnership, is true, complete and correct. Dated: September 27, 2024 CCI ONSHORE LLC By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President GASCON PARTNERS By: Little Meadow Corp., its managing general partner By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President HIGH COAST LIMITED PARTNERSHIP By: Little Meadow Corp., its general partner By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President HIGHCREST INVESTORS LLC By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President [Signature Page for Amendment No. 77 to Schedule 13D - Icahn Enterprises L.P.] BARBERRY CORP. By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President LITTLE MEADOW CORP. By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President STARFIRE HOLDING CORPORATION By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President THORNWOOD ASSOCIATES LIMITED PARTNERSHIP By: Barberry Corp., its general partner By: /s/ Rowella Asuncion-Gumabong Name: Rowella Asuncion-Gumabong Title: Vice President /s/ Carl C. Icahn CARL C. ICAHN [Signature Page for Amendment No. 77 to Schedule 13D - Icahn Enterprises L.P.]