13F-HR 1 frm13fhricahncapital93008.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2008 Check here if Amendment [ ]; Amendment Number This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report. Name: Icahn Capital LP Address: 445 Hamilton Avenue, Suite 1210 White Plains, New York 10601 Form 13F File Number: 28-12848 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statement, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Peter K. Shea Title: President of Icahn Enterprises G.P. Inc., the general partner of Icahn Enterprises Holdings L.P., the sole member of IPH GP LLC, the general partner of Icahn Capital LP Phone: (212) 702-4300 Signature, Place, and Date of Signing: /s/ Peter K. Shea ----------------- Peter K. Shea New York, New York 11/14/08 [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT: (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 29 Form 13F Information Table Value Total: $4,473,022 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name --- -------------------- ----

Form 13F Information Table Name of Reporting Manager: Icahn Capital LP COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 NAME OF TITLE OF VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER Voting Authority ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE ------ ----- ----- -------- ------- --- ---- ---------- ------- ---- ------ ---- ADVANCED MICRO COM 007903107 8,400 1,600,000 SH Sole n/a 1,600,000 DEVICES INC ADVENTRX PHARMA- COM 00764X103 657 3,459,459 SH Sole n/a 3,459,459 CEUTICALS INC AMICUS THERA- COM 03152W109 3,053 201,940 SH Sole n/a 201,940 PEUTICS INC AMYLIN PHARMA- COM 032346108 216,730 10,718,586 SH Sole n/a 10,718,586 CEUTICALS INC ANADARKO PETE CORP COM 032511107 780,252 16,084,356 SH Sole n/a 16,084,356 BIOGEN IDEC INC COM 09062X103 704,515 14,009,043 SH Sole n/a 14,009,043 BLOCKBUSTER INC CL A 093679108 21,574 10,523,840 SH Sole n/a 10,523,840 BLOCKBUSTER INC CL B 093679207 5,833 4,452,905 SH Sole n/a 4,452,905 CITIGROUP INC COM 172967101 16,408 800,000 SH Sole n/a 800,000 CYBERONICS INC COM 23251P102 34,146 2,008,612 SH Sole n/a 2,008,612 EMISPHERE TECH- COM 291345106 173 86,430 SH Sole n/a 86,430 NOLOGIES INC. ENDO PHARMACEU- COM 29264F205 16,000 800,000 SH Sole n/a 800,000 TICALS HLDGS INC ENZON PHARMA- COM 293904108 18,138 2,457,683 SH Sole n/a 2,457,683 CEUTICALS INC EXELIXIS INC COM 30161Q104 7,948 1,307,280 SH Sole n/a 1,307,280 FORESTAR REAL COM 346233109 39,132 2,653,012 SH Sole n/a 2,653,012 ESTATE GROUP INC GUARANTY FINL COM 40108N106 10,479 2,653,012 SH Sole n/a 2,653,012 GROUP INC LEAR CORP COM 521865105 100,758 9,595,954 SH Sole n/a 9,595,954 LIONS GATE COM NEW 535919203 39,035 4,289,508 SH Sole n/a 4,289,508 ENTMNT CORP MOTOROLA INC COM 620076109 1,029,016 144,119,843 SH Sole n/a 144,119,843 PENNEY J C INC COM 708160106 2,667 80,000 SH Sole n/a 80,000 QUEST RESOURCE CORP COM NEW 748349305 3,266 1,228,002 SH Sole n/a 1,228,002 REGENERON PHARMA- COM 75886F107 54,750 2,508,001 SH Sole n/a 2,508,001 CEUTICALS TAKE-TWO INTER- COM 874054109 7,562 461,128 SH Sole n/a 461,128 ACTIVE SOFTWARE INC. TELIK INC COM 87959M109 2,743 4,156,663 SH Sole n/a 4,156,663 TEMPLE INLAND INC COM 879868107 48,163 3,156,165 SH Sole n/a 3,156,165 TIME WARNER INC COM 887317105 148,578 11,333,159 SH Sole n/a 11,333,159 TIME WARNER CABLE CL A 88732J108 30,213 1,248,474 SH Sole n/a 1,248,474 INC WILLIAMS COS INC COM 969457100 170,830 7,223,264 SH Sole n/a 7,223,264 YAHOO INC. COM 984332106 952,003 55,029,056 SH Sole n/a 55,029,056 Total: $4,473,022