13F HOLDINGS REPORT
Sessa Capital IM, L.P.
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001398344-26-003281
Total Value
$5.35B
Positions
31
Other Managers
0
Confidential Omitted
No
Holdings (31)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | WARNER BROS DISCOVERY INC | WBD | 45,565,629 | $1.31B | 24.55% |
| 2 | HUMANA INC | HUM | 2,318,907 | $593.9M | 11.10% |
| 3 | ILLUMINA INC | ILMN | 3,404,059 | $446.5M | 8.35% |
| 4 | PG&E CORP | PCG-PX | 24,578,101 | $395.0M | 7.38% |
| 5 | CAPITAL ONE FINL CORP | 14040H105 | 1,558,233 | $377.7M | 7.06% |
| 6 | SOLSTICE ADVANCED MATLS INC | 83443Q103 | 7,468,410 | $362.8M | 6.78% |
| 7 | SOTERA HEALTH CO | SHC | 20,550,000 | $362.5M | 6.78% |
| 8 | AIR PRODS & CHEMS INC | AIIR | 1,185,672 | $292.9M | 5.47% |
| 9 | ALLY FINL INC | 02005N100 | 4,682,126 | $212.1M | 3.96% |
| 10 | DUOLINGO INC | DUOL | 664,000 | $116.5M | 2.18% |
| 11 | TANDEM DIABETES CARE INC | TNDM | 5,000,000 | $109.9M | 2.05% |
| 12 | HUMANA INC | HUM | 371,600 | $95.2M | 1.78% |
| 13 | FTAI AVIATION LTD | FTAIN | 400,000 | $78.7M | 1.47% |
| 14 | MAGNUM ICE CREAM CO NV | MICC | 4,772,810 | $75.6M | 1.41% |
| 15 | STRATEGY INC | STRK | 474,000 | $72.0M | 1.35% |
| 16 | FORTREA HLDGS INC | FTRE | 3,993,550 | $68.9M | 1.29% |
| 17 | AXALTA COATING SYS LTD | AXTA | 1,993,545 | $64.4M | 1.20% |
| 18 | ASA GOLD AND PRECIOUS MTLS L | G3156P103 | 1,050,000 | $62.7M | 1.17% |
| 19 | PERFORMANCE FOOD GROUP CO | PFGC | 586,340 | $52.7M | 0.99% |
| 20 | ROKU INC | ROKU | 350,000 | $38.0M | 0.71% |
| 21 | COINBASE GLOBAL INC | COIN | 150,000 | $33.9M | 0.63% |
| 22 | US FOODS HLDG CORP | USFD | 445,592 | $33.6M | 0.63% |
| 23 | GRAIL INC | GRAL | 364,714 | $31.2M | 0.58% |
| 24 | MODERNA INC | MRNA | 743,081 | $21.9M | 0.41% |
| 25 | TREEHOUSE FOODS INC | 89469A104 | 468,176 | $11.0M | 0.21% |
| 26 | SAB BIOTHERAPEUTICS INC | SABSW | 2,198,457 | $8.2M | 0.15% |
| 27 | BALLYS CORPORATION | BALL | 447,799 | $7.4M | 0.14% |
| 28 | OSCAR HEALTH INC | OSCR | 500,000 | $7.2M | 0.13% |
| 29 | LEXICON PHARMACEUTICALS INC | LXRX | 3,000,000 | $3.5M | 0.06% |
| 30 | FLAGSTAR BANK NATIONAL ASSOC | FLG-PU | 32,119 | $404,378 | 0.01% |
| 31 | BRAEMAR HOTELS & RESORTS INC | BHR-PD | 25,951 | $74,479 | 0.00% |