Sessa Capital IM, L.P. — 13F Holdings & Portfolio

CIK 1595849 · latest 13F-HR filed 2026-08-14

Sessa Capital IM, L.P. manages $5.98B in 13F-reported U.S. long-equity assets across 30 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are HUM (24.76%), WBD (13.45%), KMB (9.57%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 1 new position, exited 6, added to 16, and trimmed 6.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
888 SEVENTH AVENUE
30TH FLOOR
NEW YORK, NY 10019
Phone
(212) 257-4410
Filing Manager
Sessa Capital IM, L.P.
NEW YORK, NY
Signatory
Jae Hong
Chief Operating Officer
Loading holdings…
AUM

$5.98B

Long-equity book

Holdings

30

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+1 / −6 / ↑16 / ↓6

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • HUMANA INC$834.4M +129.1%
  • SOTERA HEALTH CO$149.6M +45.3%
  • KIMBERLY-CLARK CORP$144.6M +33.8%
  • MAGNUM ICE CREAM CO NV$95.6M +134.0%
  • AXALTA COATING SYS LTD$59.5M +96.7%
Show all 16 →

Top Trims

  • ILLUMINA INC-$207.1M -51.3%
  • WARNER BROS DISCOVERY INC-$73.6M -8.4%
  • TANDEM DIABETES CARE INC-$13.7M -15.1%
  • ASA GOLD AND PRECIOUS MTLS L-$10.5M -16.1%
  • COUPANG INC-$7.8M -8.0%
Show all 6 →

New Positions

  • COMCAST CORP NEW$25.7M
Show all 1 →

Exited Positions

  • AIR PRODUCTS AND CHEMICALS I$344.4M
  • SOLSTICE ADVANCED MATLS INC$214.0M
  • FTAI AVIATION LTD$98.0M
  • PERFORMANCE FOOD GROUP CO$24.1M
  • US FOODS HLDG CORP$10.2M
Show all 6 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 HUMANA INC HUM 444859102 $1.48B 24.76% 3,727,740 SH
2 WARNER BROS DISCOVERY INC WBD 934423104 $804.2M 13.45% 30,165,805 SH
3 KIMBERLY-CLARK CORP KMB 494368103 $572.1M 9.57% 5,212,035 SH
4 SOTERA HEALTH CO SHC 83601L102 $480.1M 8.03% 27,050,000 SH
5 PG&E CORP PCG 69331C108 $413.4M 6.91% 24,578,101 SH
6 ALLY FINL INC ALLY 02005N100 $390.0M 6.52% 8,488,098 SH
7 CAPITAL ONE FINL CORP COF 14040H105 $312.6M 5.23% 1,558,233 SH
8 ILLUMINA INC ILMN 452327109 $196.6M 3.29% 1,118,374 SH
9 TELEFLEX INCORPORATED TFX 879369106 $193.5M 3.24% 1,526,228 SH
10 MAGNUM ICE CREAM CO NV MICC N5505D105 $166.9M 2.79% 9,589,219 SH
11 GRAIL INC GRAL 384747101 $139.1M 2.33% 2,037,518 SH
12 AXALTA COATING SYS LTD AXTA G0750C108 $121.1M 2.03% 3,539,329 SH
13 STRATEGY INC Put MSTR 594972408 $100.0M 1.67% 1,150,000 SH
14 COUPANG INC CPNG 22266T109 $90.2M 1.51% 5,190,000 SH
15 TESLA INC Put TSLA 88160R101 $84.1M 1.41% 200,000 SH
16 FORTREA HLDGS INC FTRE 34965K107 $79.9M 1.34% 4,593,550 SH
17 TANDEM DIABETES CARE INC TNDM 875372203 $77.0M 1.29% 5,100,000 SH
18 ASA GOLD AND PRECIOUS MTLS L ASA G3156P103 $54.6M 0.91% 1,050,000 SH
19 ROKU INC ROKU 77543R102 $48.3M 0.81% 350,000 SH
20 LEXICON PHARMACEUTICALS INC LXRX 528872302 $45.5M 0.76% 18,960,836 SH
21 MINIMED GROUP INC MMED 60365F109 $29.9M 0.50% 2,000,000 SH
22 COMCAST CORP NEW CMCSA 20030N101 $25.7M 0.43% 1,048,600 SH
23 SENSEONICS HLDGS INC SENS 81727U303 $25.2M 0.42% 4,437,532 SH
24 ATRIUM THERAPEUTICS INC RNA 04965N104 $20.2M 0.34% 1,500,000 SH
25 DUOLINGO INC Put DUOL 26603R106 $11.5M 0.19% 100,000 SH
26 SAB BIOTHERAPEUTICS INC SABS 78397T202 $8.6M 0.14% 2,198,457 SH
27 BALLYS CORPORATION BALY 05875B304 $6.1M 0.10% 447,799 SH
28 ROBINHOOD MKTS INC Put HOOD 770700102 $2.0M 0.03% 20,000 SH
29 FLAGSTAR BANK NATIONAL ASSOC FLG 649445400 $479.9K 0.01% 32,119 SH
30 BRAEMAR HOTELS & RESORTS INC BHR 10482B101 $56.1K 0.00% 25,951 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $5.98B 30 0001398344-26-014642
2026-03-31 2026-05-15 $5.51B 36 0001398344-26-009306
2025-12-31 2026-02-17 $5.35B 31 0001398344-26-003281
2025-09-30 2025-11-14 $4.23B 30 0001398344-25-020983