Sessa Capital IM, L.P.
CIK 1595849 · View on SEC EDGAR ↗
- Portfolio value
- $6.0B
- Positions
- 30
- As of
- June 30, 2026
Portfolio value QoQ: +8.6% 13F does not disclose cash
- Top 10 holdings weight
- 83.79%
- Top 25 holdings weight
- 99.71%
- Positions above 1%
- 17
- Effective number of positions
- 8.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 8.12% Est. buys $466,361,506 · sells $1,319,882,616
Median holding: 3.0 quarters Tracked Q4 2024–Q2 2026 · 50.8% still held
- New positions
- 1
- Increased
- 10
- Decreased
- 3
- Closed
- 7
Put-notional exposure: 3.3% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +72.9% · S&P 500: +21.7%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 98.8% · Options excluded: 5.1%
Sector breakdown
Full portfolio 30 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| HUM Humana Inc. Common Stock | $1,480,732,883 | 24.76% | 3,727,740 | $834,380,044 | |||
| WBD Warner Bros. Discovery, Inc. - Series A Common Stock | $804,220,361 | 13.45% | 30,165,805 | $-73,560,644 | Down ×3 | ||
| KMB Kimberly-Clark Corporation - Common Stock | $572,125,082 | 9.57% | 5,212,035 | $144,640,562 | Up ×1 | ||
| SHC Sotera Health Company - Common Stock | $480,137,500 | 8.03% | 27,050,000 | $149,600,500 | Up ×4 | ||
| PCG Pacific Gas & Electric Co. Common Stock | $413,403,659 | 6.91% | 24,578,101 | $-18,433,576 | |||
| ALLY Ally Financial Inc. Common Stock | $390,028,103 | 6.52% | 8,488,098 | $57,040,018 | |||
| COF Capital One Financial Corporation Common Stock | $312,612,704 | 5.23% | 1,558,233 | $28,344,258 | |||
| ILMN Illumina, Inc. - Common Stock | $196,643,700 | 3.29% | 1,118,374 | $-207,137,448 | Down ×4 | ||
| TFX Teleflex Incorporated Common Stock | $193,464,661 | 3.24% | 1,526,228 | $10,912,530 | |||
| MICC The Magnum Ice Cream Company N.V. Ordinary Shares | $166,948,303 | 2.79% | 9,589,219 | $95,594,793 | Up ×1 | ||
| GRAL GRAIL, Inc. - Common Stock | $139,101,354 | 2.33% | 2,037,518 | $50,247,206 | Up ×2 | ||
| AXTA Axalta Coating Systems Ltd. Common Shares | $121,115,838 | 2.03% | 3,539,329 | $59,529,625 | Up ×2 | ||
| MSTR Strategy Inc - Class A Common Stock | $99,969,500 | 1.67% | 1,150,000 | Put option | $96,113,180 | Up ×1 | |
| CPNG Coupang, Inc. Class A Common Stock | $90,150,300 | 1.51% | 5,190,000 | $-7,836,900 | |||
| TSLA Tesla, Inc. - Common Stock | $84,120,000 | 1.41% | 200,000 | Put option | $9,770,000 | ||
| FTRE Fortrea Holdings Inc. - Common Stock | $79,927,770 | 1.34% | 4,593,550 | $36,656,529 | |||
| TNDM Tandem Diabetes Care, Inc. - Common Stock | $76,959,000 | 1.29% | 5,100,000 | $-13,729,612 | Up ×1 | ||
| ASA ASA Gold and Precious Metals Limited | $54,642,000 | 0.91% | 1,050,000 | $-10,489,500 | |||
| ROKU Roku, Inc. - Class A Common Stock | $48,349,000 | 0.81% | 350,000 | $15,232,000 | |||
| LXRX Lexicon Pharmaceuticals, Inc. - Common Stock | $45,506,006 | 0.76% | 18,960,836 | $17,561,787 | Up ×2 | ||
| Unknown issuer (CUSIP: 60365F109) | $29,900,000 | 0.50% | 2,000,000 | $60,000 | |||
| CMCSA Comcast Corporation - Class A Common Stock | $25,743,130 | 0.43% | 1,048,600 | Up ×1 | |||
| SENS Senseonics Holdings, Inc. - Common Stock | $25,205,182 | 0.42% | 4,437,532 | $13,443,003 | Up ×1 | ||
| Unknown issuer (CUSIP: 04965N104) | $20,175,000 | 0.34% | 1,500,000 | $12,802,902 | Up ×1 | ||
| DUOL Duolingo, Inc. - Class A Common Stock | $11,502,000 | 0.19% | 100,000 | Put option | $1,645,000 | ||
| SABS SAB Biotherapeutics, Inc. - Common Stock | $8,573,982 | 0.14% | 2,198,457 | $153,892 | |||
| BALY Bally's Corporation Common Stock | $6,139,324 | 0.10% | 447,799 | $1,822,542 | |||
| HOOD Robinhood Markets, Inc. - Class A Common Stock | $2,005,600 | 0.03% | 20,000 | Put option | $-74,570,900 | Down ×1 | |
| FLG Flagstar Bank, N.A. Common Stock | $479,858 | 0.01% | 32,119 | $56,851 | |||
| BHR Braemar Hotels & Resorts Inc. Common Stock | $56,054 | 0.00% | 25,951 | $-5,190 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| SHC | $480,137,500 | 8.03% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| CMCSA | $25,743,130 | 1,048,600 | 0.43% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| HUM | Price move only | +0 | +$834.4M |
| ILMN | Trimmed | -2.2M | -$207.1M |
| SHC | Bought more | +4.0M | +$149.6M |
| KMB | Bought more | +781K | +$144.6M |
| MICC | Bought more | +4.8M | +$95.6M |
| WBD | Trimmed | -1.8M | -$73.6M |
| AXTA | Bought more | +1.3M | +$59.5M |
| ALLY | Price move only | +0 | +$57.0M |
| GRAL | Bought more | +318K | +$50.2M |
| FTRE | Price move only | +0 | +$36.7M |
2 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| APD | June 30, 2026 | 1,185,672 | $344,425,859 | 3.6% |
| DFS | June 30, 2025 | 1,776,132 | $303,185,732 | No longer tracked |
| ABT | June 30, 2025 | 1,806,988 | $239,696,958 | -15.9% |
| SOLS | June 30, 2026 | 2,809,319 | $213,957,735 | -35.5% |
| CCK | June 30, 2025 | 2,008,693 | $179,295,937 | 14.7% |
| EQH | March 31, 2025 | 2,554,723 | $120,506,284 | -5.5% |
| FTAI | June 30, 2026 | 400,000 | $98,000,000 | -24.4% |
| COIN | June 30, 2026 | 500,000 | $87,305,000 | 28.2% |
| ZBRA | Dec. 31, 2025 | 206,984 | $61,507,365 | 48.2% |
| KDP | Dec. 31, 2025 | 2,400,000 | $61,224,000 | 13.7% |
| GTX | Sept. 30, 2025 | 4,348,770 | $45,705,573 | 97.5% |
| UHS | March 31, 2025 | 212,383 | $38,105,758 | -7.1% |
| GPC | Sept. 30, 2025 | 252,308 | $30,607,483 | -3.3% |
| ACHC | March 31, 2025 | 750,000 | $29,737,500 | -11.7% |
| PFGC | June 30, 2026 | 281,466 | $24,110,378 | -6.3% |
| MRNA | March 31, 2026 | 743,081 | $21,913,459 | 181.7% |
| BMEZ | June 30, 2025 | 1,444,110 | $21,517,239 | 19.0% |
| BTX | Sept. 30, 2025 | 2,015,096 | $14,790,805 | 34.3% |
| CRWV | June 30, 2025 | 370,000 | $13,719,600 | -44.8% |
| THS | March 31, 2026 | 468,176 | $11,044,272 | No longer tracked |
| USFD | June 30, 2026 | 110,704 | $10,208,016 | 6.3% |
| RHI | Dec. 31, 2025 | 300,000 | $10,194,000 | 62.3% |
| OSCR | June 30, 2026 | 500,000 | $5,735,000 | 8.1% |
| T | Dec. 31, 2025 | 143,886 | $4,063,341 | 2.1% |
| HR | June 30, 2025 | 55,124 | $931,596 | 22.6% |
| ULS | June 30, 2025 | 10,000 | $564,000 | 2.7% |