Carl Icahn still holding Time Warner (TWX) stock

Posted Feb 14th 2008 12:22PM by Jon Ogg
Filed under: Time Warner (TWX), Time Warner Cable (TWC)

Carl Icahn's ICAHN CAPITAL, LP has released its total holdings for the period ending December 31, 2007. What is most interesting is that, despite the many other positions, Mr. Icahn still has a sizable stake in both Time Warner stocks -- the parent company and the cable subsidiary.

As of December 31, 2007, Mr. Icahn lists the following positions:

Time Warner Cable, Inc. (NYSE: TWC) 4,711,128 shares or roughly $130,027,000
Time Warner Inc. (NYSE: TWX) 12,933,159 shares or roughly $213,526,000
Full Holdings

This is much less than his prior investments in Time Warner Inc. and it is not a big enough stake to give him a great deal of influence behind the scenes at the company. But combined, these investments still represent some $333 million dollars. That's serious money.

As of 12:15 p.m. today, TWX is at $16.44, down 14 cents today and still battling back from a 52-week low of $14.64 reached on Jan. 23.

Tags: time warner, time warner cable, TimeWarner, TimeWarnerCable, twc, twx