Sessa Capital IM, L.P. Diversified Active

Location: New York, NY

CIK: 0001595849 · Show all filings

Period: Q3 2015 (← Previous) (Next →)

Filing Date: Nov 16, 2015

Total Value: $256M (100.0% shares, 0.0% debt)

Holdings (32)

CFG CITIZENS FINL GROUP INC 15.3%

Value $39.29M Shares 1,646,584 Est. Cost $16.49 Unrealized +6.5%

SPY SPDR S&P 500 ETF TR 15.0%

Value $38.33M Shares 200,000 Est. Cost — Unrealized —

— ASHFORD HOSPITALITY PRIME IN 11.3%

Value $28.91M Shares 2,060,207 Est. Cost $14.56 Unrealized —

CC CHEMOURS CO 10.1%

Value $25.88M Shares 4,000,000 Est. Cost $7.40 Unrealized 0.0%

ALLY ALLY FINL INC 7.8%

Value $20.06M Shares 984,200 Est. Cost $16.73 Unrealized -0.8%

NWS NEWS CORP NEW 5.0%

Value $12.82M Shares 1,000,000 Est. Cost $13.19 Unrealized -7.9%

— TIER REIT INC 4.4%

Value $11.17M Shares 759,064 Est. Cost $14.72 Unrealized —

— SUNEDISON SEMICONDUCTOR LTD 3.9%

Value $9.946M Shares 943,666 Est. Cost $17.11 Unrealized —

OSG AMBAC FINL GROUP INC 3.1%

Value $7.959M Shares 550,000 Est. Cost $23.55 Unrealized -31.1%

NWSA NEWS CORP NEW 3.1%

Value $7.854M Shares 622,321 Est. Cost $13.49 Unrealized -9.3%

CABO CABLE ONE INC 2.9%

Value $7.393M Shares 17,626 Est. Cost $366.69 Unrealized 0.0%

— SEARS HOMETOWN & OUTLET STOR 2.6%

Value $6.541M Shares 816,610 Est. Cost $11.45 Unrealized —

— OCWEN FINL CORP 2.1%

Value $5.387M Shares 802,900 Est. Cost — Unrealized —

CIX COMPX INTERNATIONAL INC 1.9%

Value $4.745M Shares 431,732 Est. Cost $6.99 Unrealized -0.9%

COTY COTY INC 1.7%

Value $4.249M Shares 157,035 Est. Cost $22.30 Unrealized +9.9%

MSI MOTOROLA SOLUTIONS INC 1.6%

Value $4.103M Shares 60,000 Est. Cost $53.42 Unrealized 0.0%

— OCEAN SHORE HLDG CO NEW 1.3%

Value $3.274M Shares 203,580 Est. Cost $14.73 Unrealized —

— DOMINION DIAMOND CORP 0.9%

Value $2.393M Shares 224,100 Est. Cost $17.96 Unrealized —

YELP YELP INC 0.8%

Value $2.116M Shares 97,712 Est. Cost $27.74 Unrealized 0.0%

AGYS AGILYSYS INC 0.7%

Value $1.918M Shares 172,450 Est. Cost $11.64 Unrealized -16.0%

— E M C CORP MASS 0.7%

Value $1.812M Shares 75,000 Est. Cost $29.74 Unrealized —

— ASHFORD INC 0.7%

Value $1.718M Shares 27,080 Est. Cost $94.00 Unrealized —

GM GENERAL MTRS CO 0.6%

Value $1.501M Shares 50,000 Est. Cost $24.50 Unrealized -1.4%

MSCI MSCI INC 0.6%

Value $1.487M Shares 25,000 Est. Cost $55.18 Unrealized +1.9%

— CENTRAL GOLDTRUST 0.5%

Value $1.283M Shares 32,344 Est. Cost $40.64 Unrealized —

— BLUCORA INC 0.4%

Value $950K Shares 68,981 Est. Cost $13.66 Unrealized —

LAMR LAMAR ADVERTISING CO NEW 0.3%

Value $749K Shares 14,351 Est. Cost $53.64 Unrealized —

— OTELCO INC 0.3%

Value $721K Shares 124,055 Est. Cost $4.87 Unrealized —

— SHUTTERFLY INC 0.2%

Value $533K Shares 14,900 Est. Cost $41.69 Unrealized —

— RCS CAP CORP 0.1%

Value $363K Shares 448,500 Est. Cost $0.81 Unrealized —

— RCS CAP CORP 0.1%

Value $316K Shares 390,000 Est. Cost $0.81 Unrealized —

— WINDSTREAM HLDGS INC 0.1%

Value $262K Shares 42,744 Est. Cost $6.37 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CFG	CITIZENS FINL GROUP INC	1,646,584	$39.29M	15.3%	$16.49	+6.5%	COM	174610105
SPY	SPDR S&P 500 ETF TR	200,000	$38.33M	15.0%	—	—	Put	78462F103
—	ASHFORD HOSPITALITY PRIME IN	2,060,207	$28.91M	11.3%	$14.56	—	COM	044102101
CC	CHEMOURS CO	4,000,000	$25.88M	10.1%	$7.40	0.0%	COM	163851108
ALLY	ALLY FINL INC	984,200	$20.06M	7.8%	$16.73	-0.8%	COM	02005N100
NWS	NEWS CORP NEW	1,000,000	$12.82M	5.0%	$13.19	-7.9%	CL B	65249B208
—	TIER REIT INC	759,064	$11.17M	4.4%	$14.72	—	COM NEW	88650V208
—	SUNEDISON SEMICONDUCTOR LTD	943,666	$9.946M	3.9%	$17.11	—	SHS	Y8213L102
OSG	AMBAC FINL GROUP INC	550,000	$7.959M	3.1%	$23.55	-31.1%	COM NEW	023139884
NWSA	NEWS CORP NEW	622,321	$7.854M	3.1%	$13.49	-9.3%	CL A	65249B109
CABO	CABLE ONE INC	17,626	$7.393M	2.9%	$366.69	0.0%	COM	12685J105
—	SEARS HOMETOWN & OUTLET STOR	816,610	$6.541M	2.6%	$11.45	—	COM	812362101
—	OCWEN FINL CORP	802,900	$5.387M	2.1%	—	—	Call	675746309
CIX	COMPX INTERNATIONAL INC	431,732	$4.745M	1.9%	$6.99	-0.9%	CL A	20563P101
COTY	COTY INC	157,035	$4.249M	1.7%	$22.30	+9.9%	COM CL A	222070203
MSI	MOTOROLA SOLUTIONS INC	60,000	$4.103M	1.6%	$53.42	0.0%	COM NEW	620076307
—	OCEAN SHORE HLDG CO NEW	203,580	$3.274M	1.3%	$14.73	—	COM	67501R103
—	DOMINION DIAMOND CORP	224,100	$2.393M	0.9%	$17.96	—	COM	257287102
YELP	YELP INC	97,712	$2.116M	0.8%	$27.74	0.0%	CL A	985817105
AGYS	AGILYSYS INC	172,450	$1.918M	0.7%	$11.64	-16.0%	COM	00847J105
—	E M C CORP MASS	75,000	$1.812M	0.7%	$29.74	—	COM	268648102
—	ASHFORD INC	27,080	$1.718M	0.7%	$94.00	—	COM	044104107
GM	GENERAL MTRS CO	50,000	$1.501M	0.6%	$24.50	-1.4%	COM	37045V100
MSCI	MSCI INC	25,000	$1.487M	0.6%	$55.18	+1.9%	COM	55354G100
—	CENTRAL GOLDTRUST	32,344	$1.283M	0.5%	$40.64	—	TR UNIT	153546106
—	BLUCORA INC	68,981	$950K	0.4%	$13.66	—	COM	095229100
LAMR	LAMAR ADVERTISING CO NEW	14,351	$749K	0.3%	$53.64	—	CL A	512816109
—	OTELCO INC	124,055	$721K	0.3%	$4.87	—	CL A NEW	688823301
—	SHUTTERFLY INC	14,900	$533K	0.2%	$41.69	—	COM	82568P304
—	RCS CAP CORP	448,500	$363K	0.1%	$0.81	—	Put	74937W102
—	RCS CAP CORP	390,000	$316K	0.1%	$0.81	—	COM CL A	74937W102
—	WINDSTREAM HLDGS INC	42,744	$262K	0.1%	$6.37	—	COM NEW	97382A200