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Sessa Capital IM, L.P. Buys Jackson Financial Inc, DT Midstream Inc, Provention Bio Inc, Sells DTE Energy Co, Chesapeake Energy Corp, Wells Fargo

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Nov 16, 2021
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New York, NY, based Investment company Sessa Capital IM, L.P. (Current Portfolio) buys Jackson Financial Inc, DT Midstream Inc, Provention Bio Inc, Far Peak Acquisition Corp, Far Peak Acquisition Corp, sells DTE Energy Co, Chesapeake Energy Corp, Wells Fargo, Axalta Coating Systems, nVent Electric PLC during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Sessa Capital IM, L.P.. As of 2021Q3, Sessa Capital IM, L.P. owns 47 stocks with a total value of $2 billion. These are the details of the buys and sells.

For the details of Sessa Capital IM, L.P.'s stock buys and sells, go to https://www.gurufocus.com/guru/sessa+capital+im%2C+l.p./current-portfolio/portfolio

These are the top 5 holdings of Sessa Capital IM, L.P.
  1. The Chemours Co (CC) - 8,877,267 shares, 12.75% of the total portfolio.
  2. Wells Fargo & Co (WFC) - 4,526,700 shares, 10.38% of the total portfolio.
  3. Wells Fargo & Co (WFC) - 3,325,210 shares, 7.63% of the total portfolio. Shares reduced by 24.86%
  4. Corteva Inc (CTVA) - 3,611,427 shares, 7.51% of the total portfolio.
  5. ARK Innovation ETF (ARKK) - 1,358,400 shares, 7.42% of the total portfolio.
New Purchase: Jackson Financial Inc (JXN)

Sessa Capital IM, L.P. initiated holding in Jackson Financial Inc. The purchase prices were between $24.7 and $31.45, with an estimated average price of $27.21. The stock is now traded at around $34.940000. The impact to a portfolio due to this purchase was 5.78%. The holding were 4,498,737 shares as of 2021-09-30.

New Purchase: Far Peak Acquisition Corp (FPAC)

Sessa Capital IM, L.P. initiated holding in Far Peak Acquisition Corp. The purchase prices were between $9.89 and $10.13, with an estimated average price of $9.95. The stock is now traded at around $10.900000. The impact to a portfolio due to this purchase was 0.25%. The holding were 516,536 shares as of 2021-09-30.

New Purchase: Far Peak Acquisition Corp (FPAC)

Sessa Capital IM, L.P. initiated holding in Far Peak Acquisition Corp. The purchase prices were between $9.89 and $10.13, with an estimated average price of $9.95. The stock is now traded at around $10.900000. The impact to a portfolio due to this purchase was 0.25%. The holding were 516,536 shares as of 2021-09-30.

New Purchase: Concord Acquisition Corp (CND)

Sessa Capital IM, L.P. initiated holding in Concord Acquisition Corp. The purchase prices were between $9.81 and $10.88, with an estimated average price of $10.27. The stock is now traded at around $11.990000. The impact to a portfolio due to this purchase was 0.25%. The holding were 500,000 shares as of 2021-09-30.

New Purchase: Power & Digital Infrastructure Acquisition Corp (XPDI)

Sessa Capital IM, L.P. initiated holding in Power & Digital Infrastructure Acquisition Corp. The purchase prices were between $9.74 and $10.29, with an estimated average price of $10.04. The stock is now traded at around $13.690000. The impact to a portfolio due to this purchase was 0.22%. The holding were 440,992 shares as of 2021-09-30.

New Purchase: Gores Guggenheim Inc (GGPI)

Sessa Capital IM, L.P. initiated holding in Gores Guggenheim Inc. The purchase prices were between $9.73 and $10.45, with an estimated average price of $9.94. The stock is now traded at around $15.120100. The impact to a portfolio due to this purchase was 0.15%. The holding were 300,000 shares as of 2021-09-30.

Added: DT Midstream Inc (DTM)

Sessa Capital IM, L.P. added to a holding in DT Midstream Inc by 451.25%. The purchase prices were between $39.7 and $48.03, with an estimated average price of $43.79. The stock is now traded at around $48.510000. The impact to a portfolio due to this purchase was 5.41%. The holding were 2,894,038 shares as of 2021-09-30.

Added: Provention Bio Inc (PRVB)

Sessa Capital IM, L.P. added to a holding in Provention Bio Inc by 50.53%. The purchase prices were between $5.66 and $8.33, with an estimated average price of $6.46. The stock is now traded at around $6.760000. The impact to a portfolio due to this purchase was 0.45%. The holding were 4,195,116 shares as of 2021-09-30.

Added: bluebird bio Inc (BLUE)

Sessa Capital IM, L.P. added to a holding in bluebird bio Inc by 52.91%. The purchase prices were between $11.24 and $20.99, with an estimated average price of $14.34. The stock is now traded at around $11.290000. The impact to a portfolio due to this purchase was 0.2%. The holding were 1,834,965 shares as of 2021-09-30.

Sold Out: DTE Energy Co (DTE)

Sessa Capital IM, L.P. sold out a holding in DTE Energy Co. The sale prices were between $111.43 and $122.13, with an estimated average price of $117.27.

Sold Out: Chesapeake Energy Corp (CHK)

Sessa Capital IM, L.P. sold out a holding in Chesapeake Energy Corp. The sale prices were between $48.9 and $62.98, with an estimated average price of $56.09.

Sold Out: Axalta Coating Systems Ltd (AXTA)

Sessa Capital IM, L.P. sold out a holding in Axalta Coating Systems Ltd. The sale prices were between $27.91 and $31.89, with an estimated average price of $29.93.

Sold Out: nVent Electric PLC (NVT)

Sessa Capital IM, L.P. sold out a holding in nVent Electric PLC. The sale prices were between $28.98 and $34.51, with an estimated average price of $32.4.

Sold Out: Tortoise Acquisition Corp II (SNPR)

Sessa Capital IM, L.P. sold out a holding in Tortoise Acquisition Corp II. The sale prices were between $8.78 and $10.22, with an estimated average price of $9.91.

Sold Out: Tuesday Morning Corp (TUEM)

Sessa Capital IM, L.P. sold out a holding in Tuesday Morning Corp. The sale prices were between $1.68 and $4.58, with an estimated average price of $3.64.



Here is the complete portfolio of Sessa Capital IM, L.P.. Also check out:

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3. Sessa Capital IM, L.P.'s High Yield stocks
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