Sessa Capital IM, L.P. Diversified Active

CIK: 0001595849 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 16, 2022

Total Value ($000): $2,091,145 (99.4% shares, 0.6% debt)

Holdings (43)

TSLA TESLA INC 16.4%

Value ($000) $343,970 Shares 319,200 Est. Cost — Unrealized —

T AT&T INC 12.6%

Value ($000) $264,341 Shares 11,186,667 Est. Cost $15.30 Unrealized -2.5%

CC CHEMOURS CO 10.6%

Value ($000) $221,254 Shares 7,028,398 Est. Cost $14.09 Unrealized +92.7%

— GARRETT MOTION INC 6.6%

Value ($000) $137,219 Shares 16,592,384 Est. Cost $8.38 Unrealized —

EQH EQUITABLE HLDGS INC 5.5%

Value ($000) $114,661 Shares 3,709,521 Est. Cost $18.74 Unrealized +59.3%

— DISCOVERY INC 5.4%

Value ($000) $112,842 Shares 4,519,093 Est. Cost $24.97 Unrealized —

CTVA CORTEVA INC 4.8%

Value ($000) $100,538 Shares 1,749,092 Est. Cost $25.45 Unrealized +92.5%

IFF INTERNATIONAL FLAVORS&FRAGRA 4.4%

Value ($000) $91,149 Shares 694,043 Est. Cost $113.18 Unrealized +5.0%

AIV APARTMENT INVT & MGMT CO 3.5%

Value ($000) $72,703 Shares 9,932,043 Est. Cost $6.06 Unrealized —

ONL ORION OFFICE REIT INC 3.0%

Value ($000) $63,214 Shares 4,515,253 Est. Cost $18.42 Unrealized —

DTM DT MIDSTREAM INC 2.4%

Value ($000) $50,817 Shares 936,548 Est. Cost $35.96 Unrealized +22.1%

GTX GARRETT MOTION INC 2.4%

Value ($000) $49,699 Shares 6,912,204 Est. Cost $6.62 Unrealized +8.3%

FLEX FLEX LTD 2.2%

Value ($000) $46,375 Shares 2,500,000 Est. Cost $13.23 Unrealized -3.4%

— PROVENTION BIO INC 2.1%

Value ($000) $43,920 Shares 6,000,000 Est. Cost $7.14 Unrealized —

UNH UNITEDHEALTH GROUP INC 2.0%

Value ($000) $41,053 Shares 80,500 Est. Cost — Unrealized —

JXN JACKSON FINANCIAL INC 1.9%

Value ($000) $39,948 Shares 903,188 Est. Cost $22.22 Unrealized +54.1%

COIN COINBASE GLOBAL INC 1.8%

Value ($000) $37,972 Shares 200,000 Est. Cost — Unrealized —

— DISCOVERY INC 1.6%

Value ($000) $32,620 Shares 1,308,999 Est. Cost $24.92 Unrealized —

— PRIMO WATER CORPORATION 1.4%

Value ($000) $28,244 Shares 1,982,040 Est. Cost $16.26 Unrealized —

VREX VAREX IMAGING CORP 1.2%

Value ($000) $24,197 Shares 1,136,566 Est. Cost $14.92 Unrealized +70.4%

T AT&T INC 1.1%

Value ($000) $23,630 Shares 1,000,000 Est. Cost $15.30 Unrealized -2.5%

NXPI NXP SEMICONDUCTORS N V 1.0%

Value ($000) $20,739 Shares 112,053 Est. Cost $80.92 Unrealized +126.0%

— DISH NETWORK CORPORATION 0.6%

Value ($000) $12,926 Shares 408,399 Est. Cost $35.47 Unrealized —

— XERIS BIOPHARMA HOLDINGS INC 0.6%

Value ($000) $11,690 Shares 9,975,000 Est. Cost $1.87 Unrealized —

— GORES GUGGENHEIM INC 0.5%

Value ($000) $11,370 Shares 1,000,000 Est. Cost $11.26 Unrealized —

RLAY RELAY THERAPEUTICS INC 0.4%

Value ($000) $9,015 Shares 301,200 Est. Cost $24.26 Unrealized 0.0%

APLS APELLIS PHARMACEUTICALS INC 0.4%

Value ($000) $7,571 Shares 149,000 Est. Cost $44.15 Unrealized 0.0%

CLDX CELLDEX THERAPEUTICS INC NEW 0.3%

Value ($000) $7,221 Shares 212,000 Est. Cost $31.97 Unrealized 0.0%

ASND ASCENDIS PHARMA A/S 0.3%

Value ($000) $6,866 Shares 58,500 Est. Cost $117.37 Unrealized —

PRTA PROTHENA CORP PLC 0.3%

Value ($000) $6,839 Shares 187,000 Est. Cost $36.05 Unrealized 0.0%

CRSP CRISPR THERAPEUTICS AG 0.3%

Value ($000) $6,779 Shares 108,000 Est. Cost $62.79 Unrealized 0.0%

PTGX PROTAGONIST THERAPEUTICS INC 0.3%

Value ($000) $6,086 Shares 257,000 Est. Cost $28.17 Unrealized 0.0%

ACAD ACADIA PHARMACEUTICALS INC 0.3%

Value ($000) $6,031 Shares 249,000 Est. Cost $24.20 Unrealized 0.0%

— 2SEVENTY BIO INC 0.3%

Value ($000) $5,823 Shares 341,302 Est. Cost $25.63 Unrealized —

RCUS ARCUS BIOSCIENCES INC 0.3%

Value ($000) $5,712 Shares 181,000 Est. Cost $33.51 Unrealized 0.0%

— FAR PEAK ACQUISITION CORP 0.2%

Value ($000) $5,134 Shares 516,536 Est. Cost $9.95 Unrealized —

GLPG GALAPAGOS NV 0.2%

Value ($000) $5,086 Shares 82,000 Est. Cost $98.98 Unrealized —

— CONCORD ACQUISITION CORP 0.2%

Value ($000) $4,975 Shares 500,000 Est. Cost $10.08 Unrealized —

— VELOCITY ACQUISITION CORP 0.2%

Value ($000) $3,906 Shares 400,650 Est. Cost $9.80 Unrealized —

— ALTUS POWER INC 0.1%

Value ($000) $2,659 Shares 357,849 Est. Cost $10.45 Unrealized —

MGNX MACROGENICS INC 0.1%

Value ($000) $2,157 Shares 244,864 Est. Cost $11.04 Unrealized 0.0%

RXST RXSIGHT INC 0.1%

Value ($000) $2,034 Shares 164,282 Est. Cost $12.02 Unrealized -0.1%

BHR BRAEMAR HOTELS & RESORTS INC 0.0%

Value ($000) $160 Shares 25,951 Est. Cost $11.42 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TSLA	TESLA INC	319,200	$343,970	16.4%	—	—	Put	88160R101
T	AT&T INC	11,186,667	$264,341	12.6%	$15.30	-2.5%	COM	00206R102
CC	CHEMOURS CO	7,028,398	$221,254	10.6%	$14.09	+92.7%	COM	163851108
—	GARRETT MOTION INC	16,592,384	$137,219	6.6%	$8.38	—	PFD CONV SER A	366505204
EQH	EQUITABLE HLDGS INC	3,709,521	$114,661	5.5%	$18.74	+59.3%	COM	29452E101
—	DISCOVERY INC	4,519,093	$112,842	5.4%	$24.97	—	COM SER C	25470F302
CTVA	CORTEVA INC	1,749,092	$100,538	4.8%	$25.45	+92.5%	COM	22052L104
IFF	INTERNATIONAL FLAVORS&FRAGRA	694,043	$91,149	4.4%	$113.18	+5.0%	COM	459506101
AIV	APARTMENT INVT & MGMT CO	9,932,043	$72,703	3.5%	$6.06	—	CL A	03748R747
ONL	ORION OFFICE REIT INC	4,515,253	$63,214	3.0%	$18.42	—	COM	68629Y103
DTM	DT MIDSTREAM INC	936,548	$50,817	2.4%	$35.96	+22.1%	COMMON STOCK	23345M107
GTX	GARRETT MOTION INC	6,912,204	$49,699	2.4%	$6.62	+8.3%	COM	366505105
FLEX	FLEX LTD	2,500,000	$46,375	2.2%	$13.23	-3.4%	ORD	Y2573F102
—	PROVENTION BIO INC	6,000,000	$43,920	2.1%	$7.14	—	COM	74374N102
UNH	UNITEDHEALTH GROUP INC	80,500	$41,053	2.0%	—	—	Put	91324P102
JXN	JACKSON FINANCIAL INC	903,188	$39,948	1.9%	$22.22	+54.1%	COM CL A	46817M107
COIN	COINBASE GLOBAL INC	200,000	$37,972	1.8%	—	—	Put	19260Q107
—	DISCOVERY INC	1,308,999	$32,620	1.6%	$24.92	—	COM SER A	25470F104
—	PRIMO WATER CORPORATION	1,982,040	$28,244	1.4%	$16.26	—	COM	74167P108
VREX	VAREX IMAGING CORP	1,136,566	$24,197	1.2%	$14.92	+70.4%	COM	92214X106
T	AT&T INC	1,000,000	$23,630	1.1%	$15.30	-2.5%	Call	00206R102
NXPI	NXP SEMICONDUCTORS N V	112,053	$20,739	1.0%	$80.92	+126.0%	COM	N6596X109
—	DISH NETWORK CORPORATION	408,399	$12,926	0.6%	$35.47	—	CL A	25470M109
—	XERIS BIOPHARMA HOLDINGS INC	9,975,000	$11,690	0.6%	$1.87	—	NOTE 5.000% 7/1	98422LAA5
—	GORES GUGGENHEIM INC	1,000,000	$11,370	0.5%	$11.26	—	CLASS A COM	38286Q107
RLAY	RELAY THERAPEUTICS INC	301,200	$9,015	0.4%	$24.26	0.0%	COM	75943R102
APLS	APELLIS PHARMACEUTICALS INC	149,000	$7,571	0.4%	$44.15	0.0%	COM	03753U106
CLDX	CELLDEX THERAPEUTICS INC NEW	212,000	$7,221	0.3%	$31.97	0.0%	COM NEW	15117B202
ASND	ASCENDIS PHARMA A/S	58,500	$6,866	0.3%	$117.37	—	SPONSORED ADR	04351P101
PRTA	PROTHENA CORP PLC	187,000	$6,839	0.3%	$36.05	0.0%	SHS	G72800108
CRSP	CRISPR THERAPEUTICS AG	108,000	$6,779	0.3%	$62.79	0.0%	NAMEN AKT	H17182108
PTGX	PROTAGONIST THERAPEUTICS INC	257,000	$6,086	0.3%	$28.17	0.0%	COM	74366E102
ACAD	ACADIA PHARMACEUTICALS INC	249,000	$6,031	0.3%	$24.20	0.0%	COM	004225108
—	2SEVENTY BIO INC	341,302	$5,823	0.3%	$25.63	—	COMMON STOCK	901384107
RCUS	ARCUS BIOSCIENCES INC	181,000	$5,712	0.3%	$33.51	0.0%	COM	03969F109
—	FAR PEAK ACQUISITION CORP	516,536	$5,134	0.2%	$9.95	—	SHS CL A	G3312L103
GLPG	GALAPAGOS NV	82,000	$5,086	0.2%	$98.98	—	SPON ADR	36315X101
—	CONCORD ACQUISITION CORP	500,000	$4,975	0.2%	$10.08	—	COM CL A	206071102
—	VELOCITY ACQUISITION CORP	400,650	$3,906	0.2%	$9.80	—	COM CL A	92259E104
—	ALTUS POWER INC	357,849	$2,659	0.1%	$10.45	—	COM CL A	02217A102
MGNX	MACROGENICS INC	244,864	$2,157	0.1%	$11.04	0.0%	COM	556099109
RXST	RXSIGHT INC	164,282	$2,034	0.1%	$12.02	-0.1%	COM	78349D107
BHR	BRAEMAR HOTELS & RESORTS INC	25,951	$160	0.0%	$11.42	—	COM	10482B101