Sessa Capital IM, L.P. Diversified Active

CIK: 0001595849 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Feb 14, 2023

Total Value ($000): $1,625,942 (99.5% shares, 0.5% debt)

Holdings (32)

WBD WARNER BROS DISCOVERY INC 13.7%

Value ($000) $222,312 Shares 23,450,633 Est. Cost $18.10 Unrealized -37.6%

EQH EQUITABLE HLDGS INC 12.2%

Value ($000) $198,924 Shares 6,931,147 Est. Cost $22.31 Unrealized +22.6%

T AT&T INC 11.9%

Value ($000) $192,729 Shares 10,468,715 Est. Cost $15.30 Unrealized -1.2%

— PROVENTION BIO INC 9.7%

Value ($000) $157,271 Shares 14,879,023 Est. Cost $5.56 Unrealized —

— GARRETT MOTION INC 8.9%

Value ($000) $144,354 Shares 16,592,384 Est. Cost $8.38 Unrealized —

IFF INTERNATIONAL FLAVORS&FRAGRA 8.7%

Value ($000) $141,500 Shares 1,349,675 Est. Cost $101.86 Unrealized -11.8%

AIV APARTMENT INVT & MGMT CO 4.3%

Value ($000) $70,716 Shares 9,932,043 Est. Cost $6.06 Unrealized —

FLEX FLEX LTD 3.3%

Value ($000) $53,650 Shares 2,500,000 Est. Cost $13.23 Unrealized +13.4%

GTX GARRETT MOTION INC 3.2%

Value ($000) $52,671 Shares 6,912,204 Est. Cost $6.62 Unrealized +6.2%

USFD US FOODS HLDG CORP 3.1%

Value ($000) $50,355 Shares 1,480,171 Est. Cost $31.99 Unrealized 0.0%

META META PLATFORMS INC 3.0%

Value ($000) $48,136 Shares 400,000 Est. Cost $116.61 Unrealized 0.0%

ALLY ALLY FINL INC 2.7%

Value ($000) $44,088 Shares 1,803,191 Est. Cost $23.63 Unrealized 0.0%

NWSA NEWS CORP NEW 2.6%

Value ($000) $42,098 Shares 2,313,053 Est. Cost $16.93 Unrealized 0.0%

JBGS JBG SMITH PPTYS 2.3%

Value ($000) $37,595 Shares 1,980,753 Est. Cost $18.98 Unrealized —

CRBG COREBRIDGE FINL INC 2.1%

Value ($000) $34,145 Shares 1,702,152 Est. Cost $16.26 Unrealized +4.1%

CC CHEMOURS CO 1.5%

Value ($000) $25,069 Shares 818,717 Est. Cost $14.09 Unrealized +89.2%

NWS NEWS CORP NEW 1.3%

Value ($000) $20,834 Shares 1,129,848 Est. Cost $17.20 Unrealized 0.0%

NXPI NXP SEMICONDUCTORS N V 1.1%

Value ($000) $17,708 Shares 112,053 Est. Cost $80.92 Unrealized +84.5%

CLDX CELLDEX THERAPEUTICS INC NEW 0.6%

Value ($000) $9,449 Shares 212,000 Est. Cost $31.97 Unrealized +11.7%

— XERIS BIOPHARMA HOLDINGS INC 0.5%

Value ($000) $8,120 Shares 9,975,000 Est. Cost $1.87 Unrealized —

APLS APELLIS PHARMACEUTICALS INC 0.5%

Value ($000) $7,705 Shares 149,000 Est. Cost $44.15 Unrealized +20.1%

ASND ASCENDIS PHARMA A/S 0.4%

Value ($000) $7,145 Shares 58,500 Est. Cost $117.37 Unrealized —

PYPL PAYPAL HLDGS INC 0.4%

Value ($000) $7,122 Shares 100,000 Est. Cost $79.85 Unrealized 0.0%

NEOG NEOGEN CORP 0.4%

Value ($000) $6,060 Shares 397,877 Est. Cost $14.24 Unrealized 0.0%

ZYME ZYMEWORKS DEL INC 0.4%

Value ($000) $5,823 Shares 740,878 Est. Cost $7.03 Unrealized 0.0%

BLCO BAUSCH PLUS LOMB CORP 0.3%

Value ($000) $5,584 Shares 360,000 Est. Cost $15.87 Unrealized -5.4%

RLAY RELAY THERAPEUTICS INC 0.3%

Value ($000) $4,500 Shares 301,200 Est. Cost $24.26 Unrealized -21.1%

ROG ROGERS CORP 0.3%

Value ($000) $4,192 Shares 35,123 Est. Cost $155.25 Unrealized 0.0%

GEHC GE HEALTHCARE TECHNOLOGIES I 0.1%

Value ($000) $2,271 Shares 38,900 Est. Cost $57.36 Unrealized 0.0%

GLPG GALAPAGOS NV 0.1%

Value ($000) $2,067 Shares 46,583 Est. Cost $98.98 Unrealized —

MGNX MACROGENICS INC 0.1%

Value ($000) $1,643 Shares 244,864 Est. Cost $11.04 Unrealized -50.3%

BHR BRAEMAR HOTELS & RESORTS INC 0.0%

Value ($000) $107 Shares 25,951 Est. Cost $11.42 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WBD	WARNER BROS DISCOVERY INC	23,450,633	$222,312	13.7%	$18.10	-37.6%	COM SER A	934423104
EQH	EQUITABLE HLDGS INC	6,931,147	$198,924	12.2%	$22.31	+22.6%	COM	29452E101
T	AT&T INC	10,468,715	$192,729	11.9%	$15.30	-1.2%	COM	00206R102
—	PROVENTION BIO INC	14,879,023	$157,271	9.7%	$5.56	—	COM	74374N102
—	GARRETT MOTION INC	16,592,384	$144,354	8.9%	$8.38	—	PFD CONV SER A	366505204
IFF	INTERNATIONAL FLAVORS&FRAGRA	1,349,675	$141,500	8.7%	$101.86	-11.8%	COM	459506101
AIV	APARTMENT INVT & MGMT CO	9,932,043	$70,716	4.3%	$6.06	—	CL A	03748R747
FLEX	FLEX LTD	2,500,000	$53,650	3.3%	$13.23	+13.4%	ORD	Y2573F102
GTX	GARRETT MOTION INC	6,912,204	$52,671	3.2%	$6.62	+6.2%	COM	366505105
USFD	US FOODS HLDG CORP	1,480,171	$50,355	3.1%	$31.99	0.0%	COM	912008109
META	META PLATFORMS INC	400,000	$48,136	3.0%	$116.61	0.0%	CL A	30303M102
ALLY	ALLY FINL INC	1,803,191	$44,088	2.7%	$23.63	0.0%	COM	02005N100
NWSA	NEWS CORP NEW	2,313,053	$42,098	2.6%	$16.93	0.0%	CL A	65249B109
JBGS	JBG SMITH PPTYS	1,980,753	$37,595	2.3%	$18.98	—	COM	46590V100
CRBG	COREBRIDGE FINL INC	1,702,152	$34,145	2.1%	$16.26	+4.1%	COM	21871X109
CC	CHEMOURS CO	818,717	$25,069	1.5%	$14.09	+89.2%	COM	163851108
NWS	NEWS CORP NEW	1,129,848	$20,834	1.3%	$17.20	0.0%	CL B	65249B208
NXPI	NXP SEMICONDUCTORS N V	112,053	$17,708	1.1%	$80.92	+84.5%	COM	N6596X109
CLDX	CELLDEX THERAPEUTICS INC NEW	212,000	$9,449	0.6%	$31.97	+11.7%	COM NEW	15117B202
—	XERIS BIOPHARMA HOLDINGS INC	9,975,000	$8,120	0.5%	$1.87	—	NOTE 5.000% 7/1	98422LAA5
APLS	APELLIS PHARMACEUTICALS INC	149,000	$7,705	0.5%	$44.15	+20.1%	COM	03753U106
ASND	ASCENDIS PHARMA A/S	58,500	$7,145	0.4%	$117.37	—	SPONSORED ADR	04351P101
PYPL	PAYPAL HLDGS INC	100,000	$7,122	0.4%	$79.85	0.0%	COM	70450Y103
NEOG	NEOGEN CORP	397,877	$6,060	0.4%	$14.24	0.0%	COM	640491106
ZYME	ZYMEWORKS DEL INC	740,878	$5,823	0.4%	$7.03	0.0%	COM	98985Y108
BLCO	BAUSCH PLUS LOMB CORP	360,000	$5,584	0.3%	$15.87	-5.4%	COMMON SHARES	071705107
RLAY	RELAY THERAPEUTICS INC	301,200	$4,500	0.3%	$24.26	-21.1%	COM	75943R102
ROG	ROGERS CORP	35,123	$4,192	0.3%	$155.25	0.0%	COM	775133101
GEHC	GE HEALTHCARE TECHNOLOGIES I	38,900	$2,271	0.1%	$57.36	0.0%	COMMON STOCK	36266G107
GLPG	GALAPAGOS NV	46,583	$2,067	0.1%	$98.98	—	SPON ADR	36315X101
MGNX	MACROGENICS INC	244,864	$1,643	0.1%	$11.04	-50.3%	COM	556099109
BHR	BRAEMAR HOTELS & RESORTS INC	25,951	$107	0.0%	$11.42	—	COM	10482B101