Stockpickr: How to Trade Like Carl Icahn

Beyond Icahn, Symantec's holders include some of the best activist funds in the world: Chapman Capital, and Jana Partners. Like SAC Capital, Jana piggybacked successfully on Icahn's Time Warner investment. Super hedge fund Rennaissance Technologies also owns shares. Click on the link for each fund to see their top holdings and other activist positions they own.

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Stockpickr Tip of the Day

Carl Icahn is one of my favorite activists to piggyback. I like piggybacking the activist funds because they take such a large position (usually more than 5% of a company) and they are so vocal that it's hard for them to shift gears and dump shares of a company. They have usually done massive amounts of research and are committed to the position.

Here are my favorite activist investors to piggyback; I will probably do an article on these sometime in the future.