Icahn Reports Higher Stake In Motorola

Billionaire investor Carl Icahn raised his wager on Motorola in the fourth quarter, ahead of the company's split in January.

Icahn had been steadily increasing his investment in Motorola Inc., which split into two companies--Motorola Mobility Holdings Inc. (MMI), which sells cellphones and home set-top boxes, and Motorola Solutions Inc. (MSI), which builds public-safety radios and enterprise computing devices.

Icahn bought 17.6 million shares of Motorola, bringing his total holding to roughly 268 million shares, according to a filing with the Securities and Exchange Commission.

Icahn reported that the assets in his funds were worth $11.52 billion as of the end of the fourth quarter. The assets were valued at $10.55 billion at the end of the third quarter.

Many investors who manage more than $100 million are required to disclose most securities holdings within a month and a half of the end of a quarter. The filings give the public a relatively fresh look at the portfolios of well-known investors.

-By Roger Cheng, Dow Jones Newswires; 212-416-2153; roger.cheng@dowjones.com

Motorola Solutions (NYSE:MSI)
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