Sessa Capital IM, L.P. holds a focused book of 31 stocks worth $5.3B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Kimberly-Clark Corp and trimmed Warner Bros Discovery Inc. Their largest long position is Warner Bros Discovery Inc at 17% of the equity book. They also disclosed $251.9M in put options (a bearish bet), shown separately below and excluded from the equity book. Cloning the disclosed picks since 2015 would be +539% (+17.4%/yr). That is a simulation of the disclosed long book, not audited returns.
The reported book (valued from quarter-end) returned +802.1%, a 262.6-point gap that is the cost of the ~45-day 13F disclosure lag a real follower can't avoid.
Growth of $10,000 cloning Sessa Capital IM, L.P.'s disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~45 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.
Top-heavy: focused book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
99% mapped to company sectors
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices, no cost basis
Other tracked managers holding the same core names as Sessa Capital IM, L.P.
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| MORGAN STANLEY | 32 / 31 | $8.1B |
| UBS Group AG | 32 / 31 | $3.7B |
| BlackRock, Inc. | 31 / 31 | $43.9B |
| GOLDMAN SACHS GROUP INC | 31 / 31 | $5.6B |
| BARCLAYS PLC | 31 / 31 | $2.1B |
| ROYAL BANK OF CANADA | 31 / 31 | $2.0B |
| CITIGROUP INC | 31 / 31 | $939.9M |
| OSAIC HOLDINGS, INC. | 31 / 31 | $122.2M |
Ranked by how many of Sessa Capital IM, L.P.'s top 31 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.
Bars show each stock's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Warner Bros Discovery Inc COM SER A | $877.8M | 31.97M | 16.7% | ▼−30% Reduced · −13.6M sh | |
| 2 | Humana Inc COM | $646.4M | 3.73M | 12.3% | ▲+61% Added · +1.4M sh | |
| 3 | PG&E Corp COM | $431.8M | 24.58M | 8.2% | —Held | |
| 4 | Kimberly-Clark Corp COM | $427.5M | 4.43M | 8.1% | ▲New New position | |
| 5 | Illumina Inc COM | $403.8M | 3.28M | 7.7% | ▼−3.8% Reduced · −128K sh | |
| 6 | Air Products And Chemicals I COM | $344.4M | 1.19M | 6.6% | —Held | |
| 7 | Ally Finl Inc COM | $333.0M | 8.49M | 6.3% | ▲+81% Added · +3.8M sh | |
| 8 | Sotera Health Co COM | $330.5M | 23.05M | 6.3% | ▲+12% Added · +2.5M sh | |
| 9 | Capital One Finl Corp COM | $284.3M | 1.56M | 5.4% | —Held | |
| 10 | Solstice Advanced Matls Inc COM SHS | $214.0M | 2.81M | 4.1% | ▼−62% Reduced · −4.7M sh | |
| 11 | Teleflex Incorporated COM | $182.6M | 1.53M | 3.5% | ▲New New position | |
| 12 | Ftai Aviation Ltd SHS | $98.0M | 400.0K | 1.9% | —Held | |
| 13 | Coupang Inc CL A | $98.0M | 5.19M | 1.9% | ▲New New position | |
| 14 | Tandem Diabetes Care Inc COM NEW | $90.7M | 4.73M | 1.7% | ▼−5.4% Reduced · −269K sh | |
| 15 | Grail Inc COM | $88.9M | 1.72M | 1.7% | ▲+371% Added · +1.4M sh | |
| 16 | Magnum Ice Cream Co NV ORD SHS | $71.4M | 4.77M | 1.4% | —Held | |
| 17 | ASA Gold And Precious MTLS L SHS | $65.1M | 1.05M | 1.2% | —Held | |
| 18 | Axalta Coating Sys Ltd COM | $61.6M | 2.22M | 1.2% | ▲+12% Added · +230K sh | |
| 19 | Fortrea Hldgs Inc COMMON STOCK | $43.3M | 4.59M | 0.8% | ▲+15% Added · +600K sh | |
| 20 | Roku Inc COM CL A | $33.1M | 350.0K | 0.6% | —Held | |
| 21 | Minimed Group Inc COM | $29.8M | 2.00M | 0.6% | ▲New New position | |
| 22 | Lexicon Pharmaceuticals Inc COM NEW | $27.9M | 17.91M | 0.5% | ▲+497% Added · +14.9M sh | |
| 23 | Performance Food Group Co COM | $24.1M | 281.5K | 0.5% | ▼−52% Reduced · −305K sh | |
| 24 | Senseonics Hldgs Inc COM | $11.8M | 1.77M | 0.2% | ▲New New position | |
| 25 | US Foods Hldg Corp COM | $10.2M | 110.7K | 0.2% | ▼−75% Reduced · −335K sh | |
| 26 | SAB Biotherapeutics Inc COM NEW | $8.4M | 2.20M | 0.2% | —Held | |
| 27 | Atrium Therapeutics Inc COM | $7.4M | 551.4K | 0.1% | ▲New New position | |
| 28 | Oscar Health Inc CL A | $5.7M | 500.0K | 0.1% | —Held | |
| 29 | Ballys Corporation COMMON STOCK | $4.3M | 447.8K | 0.1% | —Held | |
| 30 | Flagstar Bank National Assoc COM NEW | $423K | 32.1K | 0.0% | —Held | |
| 31 | Braemar Hotels & Resorts Inc COM | $61K | 26.0K | 0.0% | —Held |
The public view is the crawlable proof. The same sourced dataset is available through REST and MCP for agents, research scripts, and back-office tools.
This fund page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1595849/holdings"
Use Arkolith to show Sessa Capital IM, L.P.'s latest holdings, largest changes, and filing provenance.
Put / call positions from the 13F — totals include every disclosed option leg
| Type | Underlying | Notional value | Underlying shares |
|---|---|---|---|
| PUT · bearish | COINBASE GLOBAL INC -CLASS ACOIN | $87.3M | 500K |
| PUT · bearish | ROBINHOOD MARKETS INC - AHOOD | $76.6M | 1.1M |
| PUT · bearish | TESLA INCTSLA | $74.3M | 200K |
| PUT · bearish | DUOLINGODUOL | $9.9M | 100K |
| PUT · bearish | STRATEGY INCMSTR | $3.9M | 31K |
13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.
As-of date vs the date the SEC received each filing
| Quarter | As of | Filed | Positions | Value | Form |
|---|---|---|---|---|---|
| Q1 2026 | Mar 31, 2026 | May 15, 2026 | 36 | $5.5B | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 17, 2026 | 31 | $5.3B | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Nov 14, 2025 | 30 | $4.2B | 13F-HR |
| Q2 2025 | Jun 30, 2025 | Aug 13, 2025 | 29 | $3.4B | 13F-HR |
| Q1 2025 | Mar 31, 2025 | May 15, 2025 | 31 | $2.6B | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Feb 14, 2025 | 28 | $2.8B | 13F-HR |
| Q3 2024 | Sep 30, 2024 | Nov 12, 2024 | 31 | $2.7B | 13F-HR |
| Q2 2024 | Jun 30, 2024 | Aug 14, 2024 | 30 | $3.3B | 13F-HR |
| Q1 2024 | Mar 31, 2024 | May 15, 2024 | 30 | $4.2B | 13F-HR |
| Q4 2023 | Dec 31, 2023 | Feb 14, 2024 | 25 | $3.0B | 13F-HR |
| Q3 2023 | Sep 30, 2023 | Nov 14, 2023 | 28 | $3.7B | 13F-HR |
| Q2 2023 | Jun 30, 2023 | Aug 14, 2023 | 20 | $7.1B | 13F-HR |
| Q1 2023 | Mar 31, 2023 | May 15, 2023 | 38 | $2.6B | 13F-HR |
| Q4 2022 | Dec 31, 2022 | Feb 14, 2023 | 32 | $1.6B | 13F-HR |
| Q3 2022 | Sep 30, 2022 | Nov 14, 2022 | 31 | $1.4B | 13F-HR |
| Q2 2022 | Jun 30, 2022 | Aug 15, 2022 | 33 | $1.8B | 13F-HR |
| Q1 2022 | Mar 31, 2022 | May 16, 2022 | 43 | $2.1B | 13F-HR |
| Q4 2021 | Dec 31, 2021 | Feb 14, 2022 | 44 | $2.0B | 13F-HR |
| Q3 2021 | Sep 30, 2021 | Nov 15, 2021 | 47 | $2.0B | 13F-HR |
| Q2 2021 | Jun 30, 2021 | Aug 16, 2021 | 61 | $2.7B | 13F-HR |
| Q1 2021 | Mar 31, 2021 | May 17, 2021 | 29 | $2.6B | 13F-HR |
| Q4 2020 | Dec 31, 2020 | Feb 16, 2021 | 23 | $1.6B | 13F-HR |
| Q3 2020 | Sep 30, 2020 | Nov 16, 2020 | 26 | $1.2B | 13F-HR |
| Q2 2020 | Jun 30, 2020 | Aug 14, 2020 | 23 | $995.3M | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.