This article is part of a series that provides an ongoing analysis of the changes made to Carl Icahn's US stock portfolio on a quarterly basis. It is based on Icahn's regulatory <a href="https://www.sec.gov/Archives/edgar/data/921669/000114036116086390/0001140361-16-086390-index.htm" rel="nofollow">13F Form</a> filed on 11/14/2016. Please visit our <a href="http://seekingalpha.com/article/1653452-tracking-carl-icahns-portfolio-q2-2013-update">Tracking Carl Icahn's Portfolio series</a> to get an idea of his investment philosophy and our <a href="http://seekingalpha.com/article/4001082-tracking-carl-icahns-portfolio-q2-2016-update">previous update</a> for the fund's moves during Q2 2016.