Carl Icahn offloads Cheniere, Herc

Activist investor Carl Icahn sold off his entire stakes in Cheniere Energy Inc.
LNG,
-1.45%
and Herc Holdings Inc.
HRI,
-0.12%
during the most recent quarter, according to a filing on Monday, while upping by 11.5% his position in the depositary units of holding company Icahn Enterprises
IEP,
-2.78%.
The quarterly disclosures arrived after Icahn Enterprises, which offers exposure to Icahn’s investments, this month halved its quarterly dividend and posted a surprise quarterly loss — results that Icahn himself partially blamed on accusations made earlier in the year by short-seller Hindenburg Research. Hindenburg in May accused Icahn Enterprises of inflating asset values. Carl Icahn has called the allegations from Hindenburg “misleading and self-serving.” Shares of Icahn Enterprises were up 0.4% after hours on Monday.