3 Stocks Carl Icahn Is Buying and Selling

Carl Icahn is a legend of the investment world, making his 13F filing a must-read for investors who want to glean insight into what the activist investor is thinking about companies in his portfolio, and the markets as a whole.

His latest 13F filing suggests that he's been busy selling shares of PayPal Holdings (NASDAQ: PYPL) and AIG (NYSE: AIG), while adding to his stake in his publicly traded holding company, Icahn Enterprises (NASDAQ: IEP).

PayPal shares have rallied more than 51% this year, but Carl Icahn is cashing out. He sold roughly 68% of his holdings in the most recent quarter, reducing his position by more than 21.5 million shares. He held just 10 million shares as of June 30.

Source: Fool.com