Sessa Capital IM, L.P. Q4 2025 Filing
Filed February 17, 2026
Portfolio Value
$5.3B
Holdings
30
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (30 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | WBDWARNER BROS DISCOVERY INC | 45,565,629 | $1.3B | 24.55% | |
| 2 | HUMHUMANA INC | 2,690,507 | $689.1M | 12.88% | Call |
| 3 | ILMNILLUMINA INC | 3,404,059 | $446.5M | 8.35% | |
| 4 | PCGPG&E CORP | 24,578,101 | $395.0M | 7.38% | |
| 5 | COFCAPITAL ONE FINL CORP | 1,558,233 | $377.7M | 7.06% | |
| 6 | SOLSSOLSTICE ADVANCED MATLS INC | 7,468,410 | $362.8M | 6.78% | |
| 7 | SHCSOTERA HEALTH CO | 20,550,000 | $362.5M | 6.78% | |
| 8 | APDAIR PRODS & CHEMS INC | 1,185,672 | $292.9M | 5.47% | |
| 9 | ALLYALLY FINL INC | 4,682,126 | $212.1M | 3.96% | |
| 10 | DUOLDUOLINGO INC | 664,000 | $116.5M | 2.18% | Put |
| 11 | TNDMTANDEM DIABETES CARE INC | 5,000,000 | $109.9M | 2.05% | |
| 12 | FTAIFTAI AVIATION LTD | 400,000 | $78.7M | 1.47% | |
| 13 | MICCMAGNUM ICE CREAM CO NV | 4,772,810 | $75.6M | 1.41% | |
| 14 | MIGASTRATEGY INC | 474,000 | $72.0M | 1.35% | Put |
| 15 | FTREFORTREA HLDGS INC | 3,993,550 | $68.9M | 1.29% | |
| 16 | AXTAAXALTA COATING SYS LTD | 1,993,545 | $64.4M | 1.20% | |
| 17 | ASAASA GOLD AND PRECIOUS MTLS L | 1,050,000 | $62.7M | 1.17% | |
| 18 | PFGCPERFORMANCE FOOD GROUP CO | 586,340 | $52.7M | 0.99% | |
| 19 | ROKUROKU INC | 350,000 | $38.0M | 0.71% | |
| 20 | COINCOINBASE GLOBAL INC | 150,000 | $33.9M | 0.63% | Put |
| 21 | USFDUS FOODS HLDG CORP | 445,592 | $33.6M | 0.63% | |
| 22 | GRALGRAIL INC | 364,714 | $31.2M | 0.58% | |
| 23 | MRNAMODERNA INC | 743,081 | $21.9M | 0.41% | |
| 24 | THSTREEHOUSE FOODS INC | 468,176 | $11.0M | 0.21% | |
| 25 | SABSSAB BIOTHERAPEUTICS INC | 2,198,457 | $8.2M | 0.15% | |
| 26 | BALYBALLYS CORPORATION | 447,799 | $7.4M | 0.14% | |
| 27 | OSCROSCAR HEALTH INC | 500,000 | $7.2M | 0.13% | |
| 28 | LXRXLEXICON PHARMACEUTICALS INC | 3,000,000 | $3.5M | 0.06% | |
| 29 | QC10FLAGSTAR BANK NATIONAL ASSOC | 32,119 | $404K | 0.01% | |
| 30 | BHRBRAEMAR HOTELS & RESORTS INC | 25,951 | $74K | 0.00% |