Sessa Capital IM, L.P. 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Sessa Capital IM, L.P. disclosed 27 US equity positions worth $5.0bn in its Q4 2025 13F filing. The largest position was WBD at 26.1% of the reported book, followed by HUM and ILMN. Against the Q3 2025 filing, it opened 3 new positions, added to 5 and reduced 6 among the top 27 holdings.
What did Sessa Capital IM, L.P. own in Q4 2025? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | WBD WARNER BROS DISCOVERY INC | Communication Services | 26.1% | $1.3bn | 45,565,629 | -10% | reduced |
| 2 | HUM HUMANA INC | Healthcare | 11.8% | $593.9m | 2,318,907 | 5% | added |
| 3 | ILMN ILLUMINA INC | Healthcare | 8.9% | $446.5m | 3,404,059 | -27% | reduced |
| 4 | PCG PG&E CORP | Utilities | 7.8% | $395.0m | 24,578,101 | 0% | held |
| 5 | COF CAPITAL ONE FINL CORP | Financial Services | 7.5% | $377.7m | 1,558,233 | -14% | reduced |
| 6 | SOLS SOLSTICE ADVANCED MATLS INC | Basic Materials | 7.2% | $362.8m | 7,468,410 | – | new |
| 7 | SHC SOTERA HEALTH CO | Healthcare | 7.2% | $362.5m | 20,550,000 | 107% | added |
| 8 | APD AIR PRODS & CHEMS INC | Basic Materials | 5.8% | $292.9m | 1,185,672 | 33% | added |
| 9 | ALLY ALLY FINL INC | Financial Services | 4.2% | $212.1m | 4,682,126 | 0% | held |
| 10 | TNDM TANDEM DIABETES CARE INC | Healthcare | 2.2% | $109.9m | 5,000,000 | 0% | held |
| 11 | FTAI AVIATION LTD | 1.6% | $78.7m | 400,000 | 0% | held | |
| 12 | MAGNUM ICE CREAM CO NV | 1.5% | $75.6m | 4,772,810 | – | new | |
| 13 | FTRE FORTREA HLDGS INC | Healthcare | 1.4% | $68.9m | 3,993,550 | 0% | held |
| 14 | AXALTA COATING SYS LTD | 1.3% | $64.4m | 1,993,545 | – | new | |
| 15 | ASA GOLD AND PRECIOUS MTLS L | 1.2% | $62.7m | 1,050,000 | 0% | held | |
| 16 | PFGC PERFORMANCE FOOD GROUP CO | Consumer Defensive | 1.0% | $52.7m | 586,340 | 97% | added |
| 17 | ROKU ROKU INC | Communication Services | 0.8% | $38.0m | 350,000 | 0% | held |
| 18 | USFD US FOODS HLDG CORP | Consumer Defensive | 0.7% | $33.6m | 445,592 | -43% | reduced |
| 19 | GRAL GRAIL INC | 0.6% | $31.2m | 364,714 | -54% | reduced | |
| 20 | MRNA MODERNA INC | Healthcare | 0.4% | $21.9m | 743,081 | 0% | held |
| 21 | THS TREEHOUSE FOODS INC | 0.2% | $11.0m | 468,176 | -89% | reduced | |
| 22 | SABS SAB BIOTHERAPEUTICS INC | 0.2% | $8.2m | 2,198,457 | 0% | held | |
| 23 | BALY BALLYS CORPORATION | 0.1% | $7.4m | 447,799 | 367% | added | |
| 24 | OSCR OSCAR HEALTH INC | Healthcare | 0.1% | $7.2m | 500,000 | 0% | held |
| 25 | LXRX LEXICON PHARMACEUTICALS INC | Healthcare | 0.1% | $3.5m | 3,000,000 | 0% | held |
| 26 | FLG FLAGSTAR BANK NATIONAL ASSOC | 0.0% | $404.4k | 32,119 | 0% | held | |
| 27 | BHR BRAEMAR HOTELS & RESORTS INC | 0.0% | $74.5k | 25,951 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.