1y return+70.7%S&P 500 +20.9%
3y return+116.3%S&P 500 +68.5%
5y return+121.3%S&P 500 +74.5%
10y return+710.4%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $810 against $357 in the S&P 500.2
Sessa Capital IM, L.P.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| HUMHumana Inc | $1.5B | 25.6% | |
| Warner Bros Discovery IncCUSIP 934423104 | $804.2M | 13.9% | −5.6% |
| KMBKimberly-clark Corp | $572.1M | 9.9% | +17.6% |
| SHCSotera Health Co | $480.1M | 8.3% | +17.4% |
| PCGPg&e Corp | $413.4M | 7.1% | |
| ALLYAlly Finl Inc | $390.0M | 6.7% | |
| COFCapital One Finl Corp | $312.6M | 5.4% | |
| ILMNIllumina Inc | $196.6M | 3.4% | −65.9% |
| TFXTeleflex Incorporated | $193.5M | 3.3% | |
| Magnum Ice Cream Co NvCUSIP N5505D105 | $166.9M | 2.9% | +100.9% |
| GRALGrail Inc | $139.1M | 2.4% | +18.5% |
| Axalta Coating Sys LtdCUSIP G0750C108 | $121.1M | 2.1% | +59.2% |
| CPNGCoupang Inc | $90.2M | 1.6% | |
| FTREFortrea Hldgs Inc | $79.9M | 1.4% | |
| TNDMTandem Diabetes Care Inc | $77.0M | 1.3% | +7.8% |
| Asa Gold And Precious Mtls LCUSIP G3156P103 | $54.6M | 0.9% | |
| ROKURoku Inc | $48.3M | 0.8% | |
| LXRXLexicon Pharmaceuticals Inc | $45.5M | 0.8% | +5.8% |
| MMEDMinimed Group Inc | $29.9M | 0.5% | |
| CMCSAComcast Corp New | $25.7M | 0.4% | New |
| SENSSenseonics Hldgs Inc | $25.2M | 0.4% | +151.3% |
| RNAAtrium Therapeutics Inc | $20.2M | 0.3% | +172.0% |
| SABSSab Biotherapeutics Inc | $8.6M | 0.1% | |
| BALYBallys Corporation | $6.1M | 0.1% | |
| FLGFlagstar Bank National Assoc | $480K | 0.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| GRALGrail Inc | June 30, 2024 | +344.2% | $139.1M |
| Asa Gold And Precious Mtls LCUSIP G3156P103 | March 31, 2024 | +238.8% | $54.6M |
| LXRXLexicon Pharmaceuticals Inc | June 30, 2025 | +153.8% | $45.5M |
| ROKURoku Inc | March 31, 2024 | +112.0% | $48.3M |
| Warner Bros Discovery IncCUSIP 934423104 | June 30, 2022 | +98.7% | $804.2M |
| ALLYAlly Finl Inc | December 31, 2022 | +87.9% | $390.0M |
| ILMNIllumina Inc | June 30, 2025 | +84.3% | $196.6M |
| HUMHumana Inc | December 31, 2024 | +56.6% | $1.5B |
| SHCSotera Health Co | March 31, 2024 | +47.8% | $480.1M |
| FLGFlagstar Bank National Assoc | September 30, 2024 | +33.0% | $480K |
Sold off last quarter
- APDAir Products And Chemicals I was $344.4M
- SOLSSolstice Advanced Matls Inc was $214.0M
- Ftai Aviation LtdCUSIP G3730V105 was $98.0M
- PFGCPerformance Food Group Co was $24.1M
- USFDUs Foods Hldg Corp was $10.2M
- OSCROscar Health Inc was $5.7M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +25.6% | +14.8% |
| March 31, 2026 | −4.2% | −4.6% |
| December 31, 2025 | +22.0% | +2.4% |
| September 30, 2025 | +16.3% | +7.8% |
| June 30, 2025 | +1.9% | +10.5% |
| March 31, 2025 | +1.8% | −4.6% |
| December 31, 2024 | +4.6% | +2.1% |
| September 30, 2024 | +12.9% | +5.4% |
| June 30, 2024 | −7.7% | +4.0% |
| March 31, 2024 | +4.0% | +10.0% |
| December 31, 2023 | +10.9% | +11.2% |
| September 30, 2023 | −2.9% | −3.6% |
| June 30, 2023 | −3.5% | +8.3% |
| March 31, 2023 | +21.5% | +7.0% |
| December 31, 2022 | +13.7% | +7.1% |
| September 30, 2022 | −9.8% | −5.3% |
| June 30, 2022 | −12.7% | −16.5% |
| March 31, 2022 | −2.3% | −4.9% |
| December 31, 2021 | +10.4% | +10.7% |
| September 30, 2021 | −9.7% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Sessa Capital IM, L.P. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1595849&type=13F-HR&dateb=&owner=include&count=40CIK 1595849
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1595849/000139834426014642/Filed August 14, 2026 · accession 0001398344-26-014642