Carl Icahn's asset allocation strategy originally published at long-term-investments.blogspot.com. Some of you might have heard about Carl Icahn, the Jewish investor. Icahn manages around $21.5 billion in his asset management vehicle Icahn Capital Management.

Within the past, Icahn had proved a very good taste in investing. With only 19 shares, he is also a much undiversified guy and focused on stocks we really knows. In the past I've described his latest Q1 stock purchases.

Today, I would like to show you the latest stock moves from Carl Icahn from the second quarter. In Q2, Carl hit the button for 16 trades and purchased only seven stocks of which one was a completely new stake in his portfolio. Five of his stock acquisitions pay dividends. You can find a detailed list about these stocks below. The biggest moves were reasonable to Dell, CVR Refining as well as Nuance Communications.

Icahn loves cheap stocks and he is also a noisy guy like most of the activists. The average expected P/E of his latest acquisitions is only at 13.83 and earnings are expected to grow by 10.32 percent for the next five years.

Here is the full table with some fundamentals:

Five Newest Dividend Share Transactions From Carl Icahn And His Complete Investment Overview...

Take a closer look at the full list. The average P/E ratio amounts to 13.66 and forward P/E ratio is 13.83. The dividend yield has a value of 5.08 percent. Price to book ratio is 4.10 and price to sales ratio 1.18. The operating margin amounts to 10.23 percent and the beta ratio is 1.38. Stocks from the list have an average debt to equity ratio of 1.05.

Related Stock Ticker Symbols:

CVRR, IEP, RIG, DELL, HLF, NAV, NUAN

Selected Articles:

· 100 Most Bought Stocks By Investment Gurus

· The Latest Investment Buys And Sells From Bill Gates

· George Soros Biggest Dividend Stock Buys And His Latest Portfolio

· Warren Buffet's Latest Stock Picks And His Biggest Portfolio Holdings

· David Einhorn's Latest Dividend Changes | Greenlight Capital