Carl Icahn adds Illumina in Q1, cuts stakes in Herc, Newell Brands
Neilson Barnard

Billionaire Carl Icahn added a new stake in Illumina (NASDAQ:ILMN) in Q1, which has been subject of a public proxy battle with the activist investor in recent months.
Icahn disclosed the information in his latest 13F filing for the three months ended March 31, published after hours on Monday.

Icahn trimmed his stake in Herc Holdings (NYSE:HRI) by selling over 3 million shares and reduced his stake in Newell Brands (NASDAQ:NWL), selling 3.08 million shares.
The investor increased his holdings in Southwest Gas (NYSE:SWX), adding 3.9 million shares.
The 13F disclosure comes as shares of Icahn's holding company Icahn Enterprises (IEP) have dropped more than 30% since a Hindenburg short report was released two weeks ago. 

Icahn released a rebuke to the short report on Wednesday and announced board approval to repurchase up to an aggregate of $500M worth of the depositary units.