Carl Icahn acquired 30 Million Newell Brands shares worth $258 Million. That's 2.18% of their equity portfolio (7th largest holding). The investor owns 6.87% of the outstanding Newell Brands stock. Carl Icahn started to build up the position in Newell Brands in Q1 2018 and continued to invest until Q1 2020. Since then they sold 13.7 Million shares. The investor's estimated purchase price is $785 Million, resulting in a loss of 67%.
Carl Icahn Reduces Stake in Newell Brands Inc
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Carl Icahn trimmed his stake in Newell Brands (NWL), according to a new SEC filing. Read more.