Icahn Raises Stakes In AMLN, LGF, WMB, YHOO; Cuts Stakes in TIN, LEA

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AMLN Hot Sheet

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Late Friday, activist investor Carl Icahn released his 13Fs for the quarter ended December 31, 2008. The filings showed he raised his stakes in Amylin (Nasdaq: AMLN), Guaranty Financial (NYSE: GFG), Lions Gate (NYSE: LGF), Williams Companies, Inc. (NYSE: WMB) and Yahoo! (Nasdaq: YHOO), among others. He sold shares in Temple-Inland Inc. (NYSE: TIN) and Lear Corp. (NYSE: LEA), among others.

The two main entities he files under is Carl C. Icahn and Icahn Capital. Below is a summary of some of his notable moves:

Icahn Capital:

Bumped Amylin (Nasdaq: AMLN) stake (already known from a 13D, now owns 12.97M shares)
Raised Exelixis, Inc. (Nasdaq: EXEL) from 1.3M to 2.5M shares
Raised Guaranty Financial Group Inc. (NYSE: GFG) from 2.7M to 14.7M shares
Raised Lions Gate (NYSE: LGF) from 4.3M to 9M shares
Raised Williams Companies, Inc. (NYSE: WMB) from 7.2M to 17.5M shares
Raised Yahoo! (Nasdaq: YHOO) from 55M to 60.5M shares (this was known)
New 643K share stake in Wendy's/Arby's Group (NYSE: WEN)
Trimmed Biogen Idec (Nasdaq: BIIB) positions from 14M to 12.9M shares (trying to get 4 on board)
Cut Anadarko Petroleum Corp. (NYSE: APC) stake from 16M to 7.6M shares
Cut Motorola (NYSE: MOT) from 144M to 120M shares
Cut Temple-Inland Inc. (NYSE: TIN) from 3.2M to 1.45M shares
Sold out of 11.3M Time Warner (NYSE: TWX) shares and 1.25M Time Warner Cable (NYSE: TWC) shares
Sold out of small AMD (NYSE: AMD)
Sold out of small Citi (NYSE: C) positions