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Feb

15

A Victory for Trump Is a Victory for Big-Name Traders

By Tony Seruga

Carl Icahn, the billionaire investor, waiting for Donald J. Trump, to speak at a campaign event in April in New York. CreditVictor J. Blue/Bloomberg

Carl C. Icahn is one of several billionaire investors who have bet big on a Donald J. Trump presidency.

So bullish was Mr. Icahn that he said he made $1 billion worth of bets in the stock market the morning after Mr. Trump won the election.

In a regulatory filing on Tuesday with the Securities and Exchange Commission, Mr. Icahn, 80, revealed some of the other bets he made in the last three months of 2016. He loaded up on shares of his company, Icahn Enterprises, which invests in a variety of industries. Mr. Icahn also increased his position in Herbalife, the beleaguered vitamin supplements company in which he already owned more than 20 percent of the outstanding shares…

A Victory for Trump Is a Victory for Big-Name Traders

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