Sessa Capital IM, L.P.

CIK

1595849

Location

NEW YORK, NY

Portfolio Value

Mid $1,877,110,700

Diversification

Diversified

Filing Date

Global Rank

#482 / 8,232 ▲ 63

Top Industry

Entertainment 16.5%

3Y Alpha vs SPY

+3.6%

Period ended 2 months ago

Filed May 15, 2026 · 29d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+93.6%

SPY

+76.5%

Annualised alpha

+3.8%

Max drawdown

−17.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

36 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

15.9%

−8.7 pts

Top 5

50.6%

−9.7 pts

Top 10

77.9%

−7.6 pts

HHI

756

Diversified−351

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	34.1%	$1,877,110,700	13
Communication Services	16.5%	$910,898,005	2
Financial Services	15.4%	$846,692,537	6
Basic Materials	11.3%	$619,969,807	3
Consumer Defensive	9.7%	$533,156,421	4
Utilities	7.8%	$431,837,234	1
Consumer Cyclical	3.2%	$176,653,982	3
Industrials	1.8%	$98,000,000	1
Technology	0.2%	$13,713,320	2
Real Estate	0.0%	$61,244	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
LXRX	Lexicon Pharmaceuticals, Inc.	+14,912,961	17,912,961	$27,944,219
ALLY	Ally Financial Inc.	+3,805,972	8,488,098	$332,988,084
SHC	Sotera Health Co	+2,500,000	23,050,000	$330,537,000
GRAL	GRAIL, Inc.	+1,354,600	1,719,314	$88,854,147
HUM	Humana Inc	+1,037,233	3,727,740	$646,352,838
FTRE	Fortrea Holdings Inc.	+600,000	4,593,550	$43,271,241
COIN	Coinbase Global, Inc.	+350,000	500,000	$87,305,000
AXTA	Axalta Coating Systems Ltd.	+229,784	2,223,329	$61,586,213
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
WBD	Warner Bros. Discovery, Inc.	−13,599,824	31,965,805	$877,781,005
SOLS	Solstice Advanced Materials Inc.	−4,659,091	2,809,319	$213,957,735
DUOL	Duolingo, Inc.	−564,000	100,000	$9,857,000
MSTR	Strategy Inc	−443,100	30,900	$3,856,320
USFD	US Foods Holding Corp.	−334,888	110,704	$10,208,015
PFGC	Performance Food Group Co	−304,874	281,466	$24,110,377
TNDM	Tandem Diabetes Care Inc	−269,243	4,730,757	$90,688,611
ILMN	Illumina, Inc.	−128,210	3,275,849	$403,781,147
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
KMB	Kimberly Clark Corp	4,431,269	$427,484,520
TFX	Teleflex Inc	1,526,228	$182,552,131
CPNG	Coupang, Inc.	5,190,000	$97,987,200
HOOD	Robinhood Markets, Inc.	1,105,000	$76,576,500
TSLA	Tesla, Inc.	200,000	$74,350,000
MMED	MiniMed Group, Inc.	2,000,000	$29,840,000
SENS	Senseonics Holdings, Inc.	1,766,093	$11,762,179
RNA	Atrium Therapeutics, Inc.	551,391	$7,372,097
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
MRNA	Moderna, Inc.	743,081	$21,913,458
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

13 positions · $1,877,110,700 total · Healthcare only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
HUM	Humana Inc Healthcare	Added	3,727,740	+1,037,233	$646,352,838	−6.2%	34.43%
ILMN	Illumina, Inc. Healthcare	Reduced	3,275,849	-128,210	$403,781,147	−9.6%	21.51%
SHC	Sotera Health Co Healthcare	Added	23,050,000	+2,500,000	$330,537,000	−8.8%	17.61%
TFX	Teleflex Inc Healthcare	NEW	1,526,228	NEW	$182,552,131	NEW	9.73%
TNDM	Tandem Diabetes Care Inc Healthcare	Reduced	4,730,757	-269,243	$90,688,611	−17.5%	4.83%
GRAL	GRAIL, Inc. Healthcare	Added	1,719,314	+1,354,600	$88,854,147	+184.6%	4.73%
FTRE	Fortrea Holdings Inc. Healthcare	Added	4,593,550	+600,000	$43,271,241	−37.2%	2.31%
MMED	MiniMed Group, Inc. Healthcare	NEW	2,000,000	NEW	$29,840,000	NEW	1.59%
LXRX	Lexicon Pharmaceuticals, Inc. Healthcare	Added	17,912,961	+14,912,961	$27,944,219	+710.0%	1.49%
SENS	Senseonics Holdings, Inc. Healthcare	NEW	1,766,093	NEW	$11,762,179	NEW	0.63%
SABS	SAB Biotherapeutics, Inc. Healthcare	Held	2,198,457	0	$8,420,090	+2.4%	0.45%
RNA	Atrium Therapeutics, Inc. Healthcare	NEW	551,391	NEW	$7,372,097	NEW	0.39%
OSCR	Oscar Health, Inc. Healthcare	Held	500,000	0	$5,735,000	−20.2%	0.31%