Sessa Capital IM, L.P. — 13F Holdings & Portfolio
CIK 1595849 · latest 13F-HR filed 2026-05-15
Sessa Capital IM, L.P. manages $5.51B in 13F-reported U.S. long-equity assets across 36 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are WBD (15.94%), HUM (11.73%), PCG (7.84%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 6 new positions, exited 2, added to 7, and trimmed 14.
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.
$5.51B
Long-equity book
36
Distinct positions
2026-03-31
Filed 2026-05-15
+6 / −2 / ↑7 / ↓14
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ALLY FINL INC$120.9M +57.0%
- GRAIL INC$57.6M +184.6%
- HUMANA INC$52.4M +8.8%
- AIR PRODUCTS AND CHEMICALS I$51.5M +17.6%
- PG&E CORP$36.9M +9.3%
Top Trims
- WARNER BROS DISCOVERY INC-$435.4M -33.2%
- SOLSTICE ADVANCED MATLS INC-$148.9M -41.0%
- CAPITAL ONE FINL CORP-$93.4M -24.7%
- ILLUMINA INC-$42.7M -9.6%
- SOTERA HEALTH CO-$32.0M -8.8%
New Positions
- KIMBERLY-CLARK CORP$427.5M
- TELEFLEX INCORPORATED$182.6M
- COUPANG INC$98.0M
- MINIMED GROUP INC$29.8M
- SENSEONICS HLDGS INC$11.8M
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 | WARNER BROS DISCOVERY INC | WBD | 934423104 | $877.8M | 15.94% | 31,965,805 | SH |
| 2 | HUMANA INC | HUM | 444859102 | $646.4M | 11.73% | 3,727,740 | SH |
| 3 | PG&E CORP | PCG | 69331C108 | $431.8M | 7.84% | 24,578,101 | SH |
| 4 | KIMBERLY-CLARK CORP | KMB | 494368103 | $427.5M | 7.76% | 4,431,269 | SH |
| 5 | ILLUMINA INC | ILMN | 452327109 | $403.8M | 7.33% | 3,275,849 | SH |
| 6 | AIR PRODUCTS AND CHEMICALS I | APD | 009158106 | $344.4M | 6.25% | 1,185,672 | SH |
| 7 | ALLY FINL INC | ALLY | 02005N100 | $333.0M | 6.05% | 8,488,098 | SH |
| 8 | SOTERA HEALTH CO | SHC | 83601L102 | $330.5M | 6.00% | 23,050,000 | SH |
| 9 | CAPITAL ONE FINL CORP | COF | 14040H105 | $284.3M | 5.16% | 1,558,233 | SH |
| 10 | SOLSTICE ADVANCED MATLS INC | SOLS | 83443Q103 | $214.0M | 3.88% | 2,809,319 | SH |
| 11 | TELEFLEX INCORPORATED | TFX | 879369106 | $182.6M | 3.31% | 1,526,228 | SH |
| 12 | FTAI AVIATION LTD | FTAI | G3730V105 | $98.0M | 1.78% | 400,000 | SH |
| 13 | COUPANG INC | CPNG | 22266T109 | $98.0M | 1.78% | 5,190,000 | SH |
| 14 | TANDEM DIABETES CARE INC | TNDM | 875372203 | $90.7M | 1.65% | 4,730,757 | SH |
| 15 | GRAIL INC | GRAL | 384747101 | $88.9M | 1.61% | 1,719,314 | SH |
| 16 | COINBASE GLOBAL INC Put | COIN | 19260Q107 | $87.3M | 1.59% | 500,000 | SH |
| 17 | ROBINHOOD MKTS INC Put | HOOD | 770700102 | $76.6M | 1.39% | 1,105,000 | SH |
| 18 | TESLA INC Put | TSLA | 88160R101 | $74.3M | 1.35% | 200,000 | SH |
| 19 | MAGNUM ICE CREAM CO NV | MICC | N5505D105 | $71.4M | 1.30% | 4,772,810 | SH |
| 20 | ASA GOLD AND PRECIOUS MTLS L | ASA | G3156P103 | $65.1M | 1.18% | 1,050,000 | SH |
| 21 | AXALTA COATING SYS LTD | AXTA | G0750C108 | $61.6M | 1.12% | 2,223,329 | SH |
| 22 | FORTREA HLDGS INC | FTRE | 34965K107 | $43.3M | 0.79% | 4,593,550 | SH |
| 23 | ROKU INC | ROKU | 77543R102 | $33.1M | 0.60% | 350,000 | SH |
| 24 | MINIMED GROUP INC | MMED | 60365F109 | $29.8M | 0.54% | 2,000,000 | SH |
| 25 | LEXICON PHARMACEUTICALS INC | LXRX | 528872302 | $27.9M | 0.51% | 17,912,961 | SH |
| 26 | PERFORMANCE FOOD GROUP CO | PFGC | 71377A103 | $24.1M | 0.44% | 281,466 | SH |
| 27 | SENSEONICS HLDGS INC | SENS | 81727U303 | $11.8M | 0.21% | 1,766,093 | SH |
| 28 | US FOODS HLDG CORP | USFD | 912008109 | $10.2M | 0.19% | 110,704 | SH |
| 29 | DUOLINGO INC Put | DUOL | 26603R106 | $9.9M | 0.18% | 100,000 | SH |
| 30 | SAB BIOTHERAPEUTICS INC | SABS | 78397T202 | $8.4M | 0.15% | 2,198,457 | SH |
| 31 | ATRIUM THERAPEUTICS INC | RNA | 04965N104 | $7.4M | 0.13% | 551,391 | SH |
| 32 | OSCAR HEALTH INC | OSCR | 687793109 | $5.7M | 0.10% | 500,000 | SH |
| 33 | BALLYS CORPORATION | BALY | 05875B304 | $4.3M | 0.08% | 447,799 | SH |
| 34 | STRATEGY INC Put | MSTR | 594972408 | $3.9M | 0.07% | 30,900 | SH |
| 35 | FLAGSTAR BANK NATIONAL ASSOC | FLG | 649445400 | $423.0K | 0.01% | 32,119 | SH |
| 36 | BRAEMAR HOTELS & RESORTS INC | BHR | 10482B101 | $61.2K | 0.00% | 25,951 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 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 |