Sessa Capital IM, L.P. Diversified Active

Location: New York, NY

CIK: 0001595849 · Show all filings

Period: Q3 2017 (← Previous) (Next →)

Filing Date: Nov 14, 2017

Total Value: $908M (100.0% shares, 0.0% debt)

Holdings (38)

BMY BRISTOL MYERS SQUIBB CO 31.8%

Value $289M Shares 4,529,500 Est. Cost $39.70 Unrealized +8.6%

BHF BRIGHTHOUSE FINL INC 7.0%

Value $63.84M Shares 1,050,000 Est. Cost $59.99 Unrealized 0.0%

PJT PJT PARTNERS INC 6.2%

Value $56.27M Shares 1,468,849 Est. Cost $21.10 Unrealized +70.6%

— VERSUM MATLS INC 5.9%

Value $53.37M Shares 1,374,833 Est. Cost $28.07 Unrealized —

ALLY ALLY FINL INC 5.9%

Value $53.2M Shares 2,192,910 Est. Cost $15.72 Unrealized +10.7%

JBGS JBG SMITH PPTYS 5.4%

Value $49.38M Shares 1,443,330 Est. Cost $34.21 Unrealized —

CARS CARS COM INC 5.2%

Value $47.63M Shares 1,790,000 Est. Cost $26.83 Unrealized -5.4%

— DELL TECHNOLOGIES INC 4.9%

Value $44.87M Shares 581,100 Est. Cost $47.80 Unrealized —

— POWERSHARES QQQ TRUST 4.8%

Value $43.63M Shares 300,000 Est. Cost — Unrealized —

— ASHFORD HOSPITALITY PRIME IN 2.3%

Value $21M Shares 2,210,427 Est. Cost $14.56 Unrealized —

— TWITTER INC 2.2%

Value $20.27M Shares 1,201,300 Est. Cost $16.30 Unrealized —

— ALTABA INC 1.9%

Value $17.62M Shares 266,000 Est. Cost $54.48 Unrealized —

DXCM DEXCOM INC 1.6%

Value $14.68M Shares 300,000 Est. Cost $17.68 Unrealized 0.0%

BMY BRISTOL MYERS SQUIBB CO 1.4%

Value $12.75M Shares 200,000 Est. Cost $39.70 Unrealized +8.6%

CFG CITIZENS FINL GROUP INC 1.3%

Value $11.36M Shares 300,000 Est. Cost $16.37 Unrealized +52.3%

OSG AMBAC FINL GROUP INC 1.1%

Value $10.38M Shares 601,585 Est. Cost $20.96 Unrealized -11.9%

EXPE EXPEDIA INC DEL 1.0%

Value $8.917M Shares 61,950 Est. Cost $120.15 Unrealized +18.8%

— RUBICON PROJ INC 1.0%

Value $8.802M Shares 2,262,748 Est. Cost $4.85 Unrealized —

CNDT CONDUENT INC 0.9%

Value $8.605M Shares 549,159 Est. Cost $15.22 Unrealized +7.3%

VVX VECTRUS INC 0.8%

Value $7.62M Shares 247,091 Est. Cost $23.07 Unrealized +34.3%

— WESCO AIRCRAFT HLDGS INC 0.8%

Value $6.94M Shares 738,318 Est. Cost $10.85 Unrealized —

CIX COMPX INTERNATIONAL INC 0.7%

Value $6.584M Shares 431,732 Est. Cost $6.99 Unrealized +38.1%

— QUALITY CARE PPTYS INC 0.7%

Value $6.308M Shares 406,960 Est. Cost $15.74 Unrealized —

— CHIMERIX INC 0.5%

Value $4.937M Shares 940,291 Est. Cost $5.55 Unrealized —

— GNC HLDGS INC 0.5%

Value $4.42M Shares 500,000 Est. Cost $7.60 Unrealized —

— APTEVO THERAPEUTICS INC 0.5%

Value $4.398M Shares 1,920,368 Est. Cost $2.50 Unrealized —

NWS NEWS CORP NEW 0.5%

Value $4.267M Shares 312,620 Est. Cost $13.19 Unrealized -3.9%

— LSC COMMUNICATIONS INC 0.5%

Value $4.248M Shares 257,309 Est. Cost $27.56 Unrealized —

— TRIBUNE MEDIA CO 0.4%

Value $4.086M Shares 100,000 Est. Cost $40.77 Unrealized —

NWSA NEWS CORP NEW 0.4%

Value $3.631M Shares 273,795 Est. Cost $13.49 Unrealized -8.8%

— CEDAR REALTY TRUST INC 0.3%

Value $2.931M Shares 521,474 Est. Cost $4.85 Unrealized —

WFC WELLS FARGO CO NEW 0.3%

Value $2.758M Shares 50,000 Est. Cost $42.18 Unrealized -0.1%

— SECUREWORKS CORP 0.3%

Value $2.431M Shares 196,851 Est. Cost $9.29 Unrealized —

— ADVERUM BIOTECHNOLOGIES INC 0.3%

Value $2.331M Shares 638,712 Est. Cost $3.34 Unrealized —

— GREENHILL & CO INC 0.2%

Value $1.529M Shares 92,134 Est. Cost $16.60 Unrealized —

— SEARS HOMETOWN & OUTLET STOR 0.2%

Value $1.445M Shares 566,529 Est. Cost $11.45 Unrealized —

— OTELCO INC 0.1%

Value $1.172M Shares 124,055 Est. Cost $4.87 Unrealized —

— TWITTER INC 0.1%

Value $844K Shares 50,000 Est. Cost $16.30 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BMY	BRISTOL MYERS SQUIBB CO	4,529,500	$289M	31.8%	$39.70	+8.6%	Call	110122108
BHF	BRIGHTHOUSE FINL INC	1,050,000	$63.84M	7.0%	$59.99	0.0%	COM	10922N103
PJT	PJT PARTNERS INC	1,468,849	$56.27M	6.2%	$21.10	+70.6%	COM CL A	69343T107
—	VERSUM MATLS INC	1,374,833	$53.37M	5.9%	$28.07	—	COM	92532W103
ALLY	ALLY FINL INC	2,192,910	$53.2M	5.9%	$15.72	+10.7%	COM	02005N100
JBGS	JBG SMITH PPTYS	1,443,330	$49.38M	5.4%	$34.21	—	COM	46590V100
CARS	CARS COM INC	1,790,000	$47.63M	5.2%	$26.83	-5.4%	COM	14575E105
—	DELL TECHNOLOGIES INC	581,100	$44.87M	4.9%	$47.80	—	COM CL V	24703L103
—	POWERSHARES QQQ TRUST	300,000	$43.63M	4.8%	—	—	Put	73935A104
—	ASHFORD HOSPITALITY PRIME IN	2,210,427	$21M	2.3%	$14.56	—	COM	044102101
—	TWITTER INC	1,201,300	$20.27M	2.2%	$16.30	—	Call	90184L102
—	ALTABA INC	266,000	$17.62M	1.9%	$54.48	—	COM	021346101
DXCM	DEXCOM INC	300,000	$14.68M	1.6%	$17.68	0.0%	COM	252131107
BMY	BRISTOL MYERS SQUIBB CO	200,000	$12.75M	1.4%	$39.70	+8.6%	COM	110122108
CFG	CITIZENS FINL GROUP INC	300,000	$11.36M	1.3%	$16.37	+52.3%	COM	174610105
OSG	AMBAC FINL GROUP INC	601,585	$10.38M	1.1%	$20.96	-11.9%	COM NEW	023139884
EXPE	EXPEDIA INC DEL	61,950	$8.917M	1.0%	$120.15	+18.8%	COM NEW	30212P303
—	RUBICON PROJ INC	2,262,748	$8.802M	1.0%	$4.85	—	COM	78112V102
CNDT	CONDUENT INC	549,159	$8.605M	0.9%	$15.22	+7.3%	COM	206787103
VVX	VECTRUS INC	247,091	$7.62M	0.8%	$23.07	+34.3%	COM	92242T101
—	WESCO AIRCRAFT HLDGS INC	738,318	$6.94M	0.8%	$10.85	—	COM	950814103
CIX	COMPX INTERNATIONAL INC	431,732	$6.584M	0.7%	$6.99	+38.1%	CL A	20563P101
—	QUALITY CARE PPTYS INC	406,960	$6.308M	0.7%	$15.74	—	COM	747545101
—	CHIMERIX INC	940,291	$4.937M	0.5%	$5.55	—	COM	16934W106
—	GNC HLDGS INC	500,000	$4.42M	0.5%	$7.60	—	COM CL A	36191G107
—	APTEVO THERAPEUTICS INC	1,920,368	$4.398M	0.5%	$2.50	—	COM	03835L108
NWS	NEWS CORP NEW	312,620	$4.267M	0.5%	$13.19	-3.9%	CL B	65249B208
—	LSC COMMUNICATIONS INC	257,309	$4.248M	0.5%	$27.56	—	COM	50218P107
—	TRIBUNE MEDIA CO	100,000	$4.086M	0.4%	$40.77	—	CL A	896047503
NWSA	NEWS CORP NEW	273,795	$3.631M	0.4%	$13.49	-8.8%	CL A	65249B109
—	CEDAR REALTY TRUST INC	521,474	$2.931M	0.3%	$4.85	—	COM NEW	150602209
WFC	WELLS FARGO CO NEW	50,000	$2.758M	0.3%	$42.18	-0.1%	COM	949746101
—	SECUREWORKS CORP	196,851	$2.431M	0.3%	$9.29	—	CL A	81374A105
—	ADVERUM BIOTECHNOLOGIES INC	638,712	$2.331M	0.3%	$3.34	—	COM	00773U108
—	GREENHILL & CO INC	92,134	$1.529M	0.2%	$16.60	—	COM	395259104
—	SEARS HOMETOWN & OUTLET STOR	566,529	$1.445M	0.2%	$11.45	—	COM	812362101
—	OTELCO INC	124,055	$1.172M	0.1%	$4.87	—	CL A NEW	688823301
—	TWITTER INC	50,000	$844K	0.1%	$16.30	—	COM	90184L102