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I decided it would be a good idea to cover some successful investors major portfolio holdings to give you, the individual investor, an idea of what some well-known successful investors have been buying. A couple weeks ago I wrote a post about the changes in Warren Buffett's Berkshire Hathaway portfolio. This time I would like to go over some of the latest changes and updates in Carl Icahn's investment portfolio. Icahn is a legendary investor, who ranked #53 on Forbes wealthiest list in 2006. 

From the second quarter, some of Carl Icahn's largest new positions in the portfolio are as follows:

Biogen Idec Inc (NASDAQ:BIIB)- 3.42% of entire portfolio

Alcoa Inc (NYSE:AA)- 3.33% of entire portfolio

MeadWestvaco (NYSE:MWV) 3.11% of entire portfolio

Rowan Companies (NYSE:RDC) 3.10% of entire portfolio

Top Holdings by weighting as of the end of the quarter:

Motorola (NYSE:MOT)- 22.82% of portfolio

Temple Inland (NYSE:TIN) 8.6% of portfolio

Lear Corporation (NYSE:LEA) 7.9% of portfolio

Time Warner (NYSE:TWX) 6.3% of portfolio

Carl Icahn clearly has made it a point to take some positions in some basic resources companies in the past few months. Icahn must see something in that sector that makes him bullish on those companies. Interestingly, Icahn continued to add to his massive stake in Motorola, even though the company continues to flounder behind some of its competitors. Notably, Icahn has only 3.5% of his entire portfolio in financials, so apparently he is among the financial bears. He also underweights healthcare. Overweights in the Icahn portfolio are oil and gas as well as industrials.

When an investor like Carl Icahn takes large positions in a particular stock, individual investors should pay attention. I advise you to use these famous investors portofolios to help you do your research for your own investment portfolio.

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