Carl Icahn Trims JetBlue, AEP Stakes While Sitting Out New Stock Bets
Carl Icahn's second-quarter portfolio update shows he made no new stock purchases while trimming his positions in JetBlue and American Electric Power, leaving the rest of his holdings largely unchanged. Benzinga reports the quarter was focused on selective risk reduction rather than fresh activist investments.
Why it matters — AEP watchers would care because an activist investor reduced his stake in the company during the quarter, though Icahn made no new bets elsewhere.