Carl Icahn's SWX Position Overview
Carl Icahn (via Icahn Carl C) currently holds 6.03 M shares of Southwest Gas Holdings, Inc. (SWX) worth $482.73 M, representing 5.72% of the portfolio. First purchased in 2021-Q3, this medium-term investment has been held for 18 quarters.
Based on 13F filings, Carl Icahn has maintained a strategic position in SWX, demonstrating sustained confidence in this investment. Largest addition occurred in Q1 2023, adding 3.91 M shares. Largest reduction occurred in Q1 2025, reducing 2.1 M shares.
Analysis based on 13F filings available since 2013 Q2
Carl Icahn's Southwest Gas Holdings (SWX) Holding Value Over Time
Track share changes against reported price movement
Quarterly Southwest Gas Holdings (SWX) Trades by Carl Icahn
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2025 | -1.5 M | Reduce 19.91% | 6.03 M | $78.34 |
| Q1 2025 | -2.1 M | Reduce 21.80% | 7.53 M | $71.80 |
| Q4 2024 | -1.39 M | Reduce 12.61% | 9.63 M | $70.71 |
| Q3 2023 | +177,923 | Add 1.64% | 11.02 M | $0.06 |
| Q2 2023 | +324,081 | Add 3.08% | 10.84 M | $0.06 |
| Q1 2023 | +3.91 M | Add 59.12% | 10.52 M | $0.06 |
| Q3 2022 | +1.51 M | Add 29.56% | 6.61 M | $69.75 |
| Q2 2022 | +2.2 M | Add 76.05% | 5.1 M | $87.08 |
| Q4 2021 | +1.63 M | Add 128.36% | 2.9 M | $70.05 |
| Q3 2021 | +1.27 M | New Buy | 1.27 M | $66.88 |
Carl Icahn's Southwest Gas Holdings Investment FAQs
Carl Icahn first purchased Southwest Gas Holdings, Inc. (SWX) in Q3 2021, acquiring 1,269,350 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Carl Icahn has held Southwest Gas Holdings, Inc. (SWX) for 18 quarters since Q3 2021.
Carl Icahn's largest addition to Southwest Gas Holdings, Inc. (SWX) was in Q1 2023, adding 10,520,600 shares worth $657,011.
According to the latest 13F filing for Q4 2025, Carl Icahn's firm, Icahn Carl C, owns 6,032,604 shares of Southwest Gas Holdings, Inc. (SWX), valued at approximately $482.73 M.
As of the Q4 2025 filing, Southwest Gas Holdings, Inc. (SWX) represents approximately 5.72% of Carl Icahn's publicly disclosed stock portfolio, making it one of their key holdings.
Carl Icahn's peak holding in Southwest Gas Holdings, Inc. (SWX) was 11,022,604 shares, as reported at the end of Q3 2023.