Sessa Capital Portfolio holdings
Sessa Capital runs private funds built around a concentrated, long-biased portfolio, with a value and special-situation approach that can also mean pressing a company's board. Its principal owner is John Petry, and the firm began as Sissa Capital, formed in 2007, which sat dormant from 2010 to 2012 before being renamed Sessa Capital. It looks for opportunities across many asset classes and regions, mostly buying stocks or securities that behave like them. On the short side it bets against businesses it sees as failing, over-indebted, richly valued or hiding accounting problems.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Kimberly-Clark
KMB
|
+$77.4M |
| 2 |
The Magnum Ice Cream Company N.V.
MICC
|
+$75M |
| 3 |
Sotera Health
SHC
|
+$63M |
| 4 |
Axalta
AXTA
|
+$39.6M |
| 5 |
Comcast
CMCSA
|
+$27.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$344M |
| 2 |
Illumina
ILMN
|
+$316M |
| 3 |
Solstice Advanced Materials
SOLS
|
+$214M |
| 4 |
FTAI Aviation
FTAI
|
+$98M |
| 5 |
Warner Bros
WBD
|
+$48.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 46.43% |
| 2 | Communication Services | 14.69% |
| 3 | Consumer Staples | 12.36% |
| 4 | Financials | 11.76% |
| 5 | Utilities | 6.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Humana
HUM
$52.1B
| $1.48B | 24.76% |
3,727,740
| – | – |
2024 Q4
6 quarters
|
|
|
2
DELISTED
Warner Bros
WBD
| $804M | 13.45% |
30,165,805
-1,800,000
| -6% | -$48.7M |
2022 Q1
17 quarters
|
|
|
3
Kimberly-Clark
KMB
$66.5B
| $572M | 9.57% |
5,212,035
+780,766
| +18% | +$77.4M |
2026 Q1
1 quarter
|
|
|
4
Sotera Health
SHC
$4.57B
| $480M | 8.03% |
27,050,000
+4,000,000
| +17% | +$63M |
2024 Q1
9 quarters
|
|
5
PG&E
PCG
$38.9B
| $413M | 6.91% |
24,578,101
| – | – |
2025 Q1
5 quarters
|
|
6
Ally Financial
ALLY
$11.5B
| $390M | 6.52% |
8,488,098
| – | – |
2022 Q4
14 quarters
|
|
7
Capital One
COF
$121B
| $313M | 5.23% |
1,558,233
| – | – |
2025 Q2
4 quarters
|
|
|
8
Illumina
ILMN
$32.2B
| $197M | 3.29% |
1,118,374
-2,157,475
| -66% | -$316M |
2025 Q2
4 quarters
|
|
9
Teleflex
TFX
$6.39B
| $193M | 3.24% |
1,526,228
| – | – |
2026 Q1
1 quarter
|
|
|
10
The Magnum Ice Cream Company N.V.
MICC
$11.7B
| $167M | 2.79% |
9,589,219
+4,816,409
| +101% | +$75M |
2025 Q4
2 quarters
|
|
11
GRAIL Inc
GRAL
$5.42B
| $139M | 2.33% |
2,037,518
+318,204
| +19% | +$18.7M |
2024 Q2
8 quarters
|
|
|
12
Axalta
AXTA
$7.8B
| $121M | 2.03% |
3,539,329
+1,316,000
| +59% | +$39.6M |
2025 Q4
2 quarters
|
|
13
PUT
Strategy Inc
MSTR
$54.6B
| $100M | 1.67% |
1,150,000
+1,119,100
| +3,622% | +$162M |
2025 Q4
2 quarters
|
|
14
Coupang
CPNG
$29.2B
| $90.2M | 1.51% |
5,190,000
| – | – |
2026 Q1
1 quarter
|
|
15
PUT
Tesla
TSLA
$1.42T
| $84.1M | 1.41% |
200,000
| – | – |
2026 Q1
1 quarter
|
|
16
Fortrea Holdings
FTRE
$2.12B
| $79.9M | 1.34% |
4,593,550
| – | – |
2023 Q3
11 quarters
|
|
17
Tandem Diabetes Care
TNDM
$1.18B
| $77M | 1.29% |
5,100,000
+369,243
| +8% | +$6.45M |
2025 Q1
5 quarters
|
|
18
ASA Gold and Precious Metals
ASA
$928M
| $54.6M | 0.91% |
1,050,000
| – | – |
2024 Q1
9 quarters
|
|
19
Roku
ROKU
$23.9B
| $48.3M | 0.81% |
350,000
| – | – |
2024 Q1
9 quarters
|
|
20
Lexicon Pharmaceuticals
LXRX
$792M
| $45.5M | 0.76% |
18,960,836
+1,047,875
| +6% | +$2.04M |
2025 Q2
4 quarters
|
|
21
MiniMed Group Inc
MMED
$4.7B
| $29.9M | 0.5% |
2,000,000
| – | – |
2026 Q1
1 quarter
|
|
|
22
Comcast
CMCSA
$86.6B
| $25.7M | 0.43% |
+1,048,600
| New | +$27.1M |
2026 Q2
0 quarters
|
|
23
Senseonics Holdings Inc
SENS
$454M
| $25.2M | 0.42% |
4,437,532
+2,671,439
| +151% | +$17.1M |
2026 Q1
1 quarter
|
|
24
Atrium Therapeutics
RNA
$143M
| $20.2M | 0.34% |
1,500,000
+948,609
| +172% | +$12.4M |
2026 Q1
1 quarter
|
|
25
PUT
Duolingo
DUOL
$7.57B
| $11.5M | 0.19% |
100,000
| – | – |
2025 Q3
3 quarters
|
|
Similar funds
Sessa Capital's Q2 2026 Portfolio in Review
As of Q2 2026, Sessa Capital held 37 positions worth $5.98B, up 8.6% from $5.51B the previous quarter. Its ten largest holdings account for 84% of the portfolio.
Sessa Capital withdrew a net $722M in Q2 2026, closing 7 positions and reducing 3 holdings. Its most notable exit was Air Products & Chemicals, an estimated $344M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 46% of assets, up from 34% a quarter earlier, followed by Communication Services and Consumer Staples.
Against the trend, Sessa Capital opened a new position in Comcast worth $25.7M.
- Sessa Capital's largest Q2 2026 buy was Comcast: 1,048,600 shares worth $25.7M.
- Sessa Capital added most to Kimberly-Clark in Q2 2026, an estimated $77.4M increase.
- Sessa Capital's biggest Q2 2026 reduction was Illumina, cutting an estimated $316M.
- Sessa Capital fully exited Air Products & Chemicals in Q2 2026, selling an estimated $344M.
- Sessa Capital's ten largest holdings make up 84% of its $5.98B portfolio in Q2 2026.
- Sessa Capital opened 1 new position and closed 7 in Q2 2026.
- Sessa Capital's portfolio value rose 8.6% quarter-over-quarter to $5.98B.
Based on Sessa Capital's 13F filing for Q2 2026, filed 14 Aug 2026.