Q1 2026 · 13F-HR
Sessa Capital IM, L.P.holdings as filed
Filed 2026-05-15 · accession 0001398344-26-009306
$5.51B
Reported value
36
Positions
2026-03-31
Period end
The Brief · Sessa Capital IM, L.P. · Q1 2026
AI · grounded in 13F
Sessa Capital IM, L.P. established a new position in KMB valued at $427.5M. The fund also opened new stakes in TFX for $182.6M and CPNG for $98M. On the sell side, the fund trimmed its holdings in MSTR by 93.5% and reduced its position in Duolingo Inc by 84.9%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $877.8M | 15.9% | 31,965,805 | Common | SOLE |
| 444859102 | HUM | HUMANA INC | $646.4M | 11.7% | 3,727,740 | Common | SOLE |
| 69331C108 | PCG | PG&E CORP | $431.8M | 7.84% | 24,578,101 | Common | SOLE |
| 494368103 | KMB | KIMBERLY-CLARK CORP | $427.5M | 7.76% | 4,431,269 | Common | SOLE |
| 452327109 | ILMN | ILLUMINA INC | $403.8M | 7.33% | 3,275,849 | Common | SOLE |
| 009158106 | APD | AIR PRODUCTS AND CHEMICALS I | $344.4M | 6.25% | 1,185,672 | Common | SOLE |
| 02005N100 | ALLY | ALLY FINL INC | $333.0M | 6.05% | 8,488,098 | Common | SOLE |
| 83601L102 | SHC | SOTERA HEALTH CO | $330.5M | 6.00% | 23,050,000 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $284.3M | 5.16% | 1,558,233 | Common | SOLE |
| 83443Q103 | SOLS | SOLSTICE ADVANCED MATLS INC | $214.0M | 3.88% | 2,809,319 | Common | SOLE |
| 879369106 | TFX | TELEFLEX INCORPORATED | $182.6M | 3.31% | 1,526,228 | Common | SOLE |
| G3730V105 | FTAI | FTAI AVIATION LTD | $98.0M | 1.78% | 400,000 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $98.0M | 1.78% | 5,190,000 | Common | SOLE |
| 875372203 | TNDM | TANDEM DIABETES CARE INC | $90.7M | 1.65% | 4,730,757 | Common | SOLE |
| 384747101 | GRAL | GRAIL INC | $88.9M | 1.61% | 1,719,314 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $87.3M | 1.59% | 500,000 | PUT | SOLE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $76.6M | 1.39% | 1,105,000 | PUT | SOLE |
| 88160R101 | TSLA | TESLA INC | $74.3M | 1.35% | 200,000 | PUT | SOLE |
| N5505D105 | MICC | MAGNUM ICE CREAM CO NV | $71.4M | 1.30% | 4,772,810 | Common | SOLE |
| G3156P103 | ASA | ASA GOLD AND PRECIOUS MTLS L | $65.1M | 1.18% | 1,050,000 | Common | SOLE |
| G0750C108 | AXTA | AXALTA COATING SYS LTD | $61.6M | 1.12% | 2,223,329 | Common | SOLE |
| 34965K107 | FTRE | FORTREA HLDGS INC | $43.3M | 0.79% | 4,593,550 | Common | SOLE |
| 77543R102 | ROKU | ROKU INC | $33.1M | 0.60% | 350,000 | Common | SOLE |
| 60365F109 | MMED | MINIMED GROUP INC | $29.8M | 0.54% | 2,000,000 | Common | SOLE |
| 528872302 | LXRX | LEXICON PHARMACEUTICALS INC | $27.9M | 0.51% | 17,912,961 | Common | SOLE |
| 71377A103 | PFGC | PERFORMANCE FOOD GROUP CO | $24.1M | 0.44% | 281,466 | Common | SOLE |
| 81727U303 | SENS | SENSEONICS HLDGS INC | $11.8M | 0.21% | 1,766,093 | Common | SOLE |
| 912008109 | USFD | US FOODS HLDG CORP | $10.2M | 0.19% | 110,704 | Common | SOLE |
| 26603R106 | DUOL | DUOLINGO INC | $9.9M | 0.18% | 100,000 | PUT | SOLE |
| 78397T202 | SABS | SAB BIOTHERAPEUTICS INC | $8.4M | 0.15% | 2,198,457 | Common | SOLE |
| 04965N104 | RNA | ATRIUM THERAPEUTICS INC | $7.4M | 0.13% | 551,391 | Common | SOLE |
| 687793109 | OSCR | OSCAR HEALTH INC | $5.7M | 0.10% | 500,000 | Common | SOLE |
| 05875B304 | BALY | BALLYS CORPORATION | $4.3M | 0.08% | 447,799 | Common | SOLE |
| 594972408 | MSTR | STRATEGY INC | $3.9M | 0.07% | 30,900 | PUT | SOLE |
| 649445400 | FLG | FLAGSTAR BANK NATIONAL ASSOC | $423,007 | 0.01% | 32,119 | Common | SOLE |
| 10482B101 | BHR | BRAEMAR HOTELS & RESORTS INC | $61,244 | 0.00% | 25,951 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.