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

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

Backtest portfolio

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 and exited 6; 16 existing positions rose in reported value and 6 fell.

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.

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

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
HUM25.6% · 0%WBD13.9% · -6%KMB9.9% · +18%SHC8.3% · +17%PCG7.1% · 0%ALLY6.7% · 0%COF5.4% · 0%ILMN3.4% · -66%TFX3.3% · 0%MICC2.9% · +101%GRAL2.4% · +18%AXTA2.1% · +59%CPNG1.6% · 0%FTRE1.4% · 0%TNDM1.3% · +8%ASA0.9% · 0%ROKU0.8% · 0%LXRX0.8% · +6%MMED0.5% · 0%CMCSA0.4% · newSENS0.4% · +151%RNA0.3% · +172%SABS0.1% · 0%BALY0.1% · 0%FLG0.0% · 0%BHR0.0% · 0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 86.6%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 31, 2026.

Assets Under Management
$7.52B
Discretionary
$7.52B
Employees
13
Accounts
5
Address
888 SEVENTH AVENUE, 30TH FLOOR
NEW YORK, NY 10019
Phone
(212) 257-4410
Website
Name Title / Status Ownership Type
ANDRADE, SERGIO, OLIVEIRA ControlCHIEF FINANCIAL OFFICER AND CHIEF COMPLIANCE OFFICER
since Jan 2019
Less than 5%Individual
HONG, JAE ControlCHIEF OPERATING OFFICER, AND PRESIDENT
since Feb 2015
Less than 5%Individual
PETRY, JOHN, ERIC ControlLIMITED PARTNER, SOLE MEMBER AND MANAGER OF SESSA CAPITAL IM GP, LLC
since Mar 2007
75% or moreIndividual
SESSA CAPITAL IM GP, LLC ControlGENERAL PARTNER
since Mar 2007
Less than 5%Domestic Entity
PETRY, JOHN, ERIC Control
Indirect owner via SESSA CAPITAL IM GP, LLC
SOLE MEMBER AND MANAGER
since Mar 2007
75% or moreIndividual
Ownership & leadership changes · 6 filings with changes since Jan 2, 2013

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 31, 2026 filing
  • ChangedANDRADE, SERGIO, OLIVEIRA · title CHIEF FINANCIAL OFFICER → CHIEF FINANCIAL OFFICER AND CHIEF COMPLIANCE OFFICER
  • ChangedHONG, JAE · title CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER, AND PRESIDENT → CHIEF OPERATING OFFICER, AND PRESIDENT
  • ChangedPETRY, JOHN, ERIC · title SOLE LIMITED PARTNER, SOLE MEMBER AND MANAGER OF SESSA CAPITAL IM GP, LLC → LIMITED PARTNER, SOLE MEMBER AND MANAGER OF SESSA CAPITAL IM GP, LLC
Mar 30, 2020 filing
  • ChangedHONG, JAE · title CHIEF COMPLIANCE OFFICER AND CHIEF OPERATING OFFICER → CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER, AND PRESIDENT
Mar 29, 2019 filing
  • AddedANDRADE, SERGIO, OLIVEIRA · CHIEF FINANCIAL OFFICER · Less than 5% · control person
Mar 24, 2015 filing
  • AddedHONG, JAE · CHIEF COMPLIANCE OFFICER AND CHIEF OPERATING OFFICER · Less than 5% · control person
  • ChangedPETRY, JOHN, ERIC · title SOLE LIMITED PARTNER, CHIEF COMPLIANCE OFFICER AND SOLE MEMBER AND MANAGER OF SESSA CAPITAL IM GP, LLC → SOLE LIMITED PARTNER, SOLE MEMBER AND MANAGER OF SESSA CAPITAL IM GP, LLC
Apr 17, 2014 filing
  • AddedPETRY, JOHN, ERIC · SOLE MEMBER AND MANAGER · 75% or more · indirect via SESSA CAPITAL IM GP, LLC · control person
  • ChangedPETRY, JOHN, ERIC · title MANAGER OF SESSA CAPITAL IM GP, LLC, CHIEF COMPLIANCE OFFICER → SOLE LIMITED PARTNER, CHIEF COMPLIANCE OFFICER AND SOLE MEMBER AND MANAGER OF SESSA CAPITAL IM GP, LLC
Mar 27, 2014 filing
  • ChangedPETRY, JOHN, ERIC · title MANAGER OF SESSA CAPITAL IM GP, LLC → MANAGER OF SESSA CAPITAL IM GP, LLC, CHIEF COMPLIANCE OFFICER
Jan 2, 2013 filing (earliest on record)
  • ListedPETRY, JOHN, ERIC · MANAGER OF SESSA CAPITAL IM GP, LLC · 75% or more · control person
  • ListedSESSA CAPITAL IM GP, LLC · GENERAL PARTNER · Less than 5% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 16 →

Top Trims

Show all 6 →

New Positions

Show all 1 →

Exited Positions

Show all 6 →

Sessa Capital IM, L.P. Holdings (2026-06-30)

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
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