Hestia Capital Management, LLC In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Hestia Capital Management, LLC reported 3 stock positions worth $126.5 million . Its top holding was Pitney Bowes (PBI) at 98.0% of the portfolio, followed by Kohls (KSS, 1.6% ) and QVC (QVCG, 0.3% ). Compared with Q4 2024, it added to 1 and reduced 1. The biggest buy was Kohls (KSS, shares +28% ) and the biggest sale Pitney Bowes (PBI, shares −13% ).
Location Cranberry Township, PA
CIK 0001815344
Portfolio Value $126.5M (Q1 2025) Holdings 3 stocks · $126.5M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 PBI Pitney Bowes Inc. 13,705,045 $124.0M Reduce -13.2% KSS Kohls Corp. 253,700 $2.1M Add +27.7% QVCG QVC Group Inc. 2,159,270 $434K No change
Options reported separately and not counted above: KBH puts ($1.2M).
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ PBI Pitney Bowes Inc. Reduce -13.2% 98.02% +0.99
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ KSS Kohls Corp. Add +27.7% 1.64% −0.73
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ GLBE Global-E Online Ltd. put Sold out 41,500 $2.3Mbefore exit AXP American Express Co. put Sold out 5,900 $1.8Mbefore exit TSLA Tesla Inc. put Sold out 3,800 $1.5Mbefore exit WSO Watsco Inc. put Sold out 3,200 $1.5Mbefore exit CVNA Carvana Co. put Sold out 6,700 $1.4Mbefore exit UBER Uber Technologies Inc. put Sold out 22,000 $1.3Mbefore exit FRPT Freshpet Inc. put Sold out 8,500 $1.3Mbefore exit KBH KB Home put Reduce -2.3% 21,400 $1.2M AZEK The Azek Co. Inc. put Sold out 25,800 $1.2Mbefore exit RBC RBC Bearings Inc. put Sold out 3,900 $1.2Mbefore exit NET Cloudflare Inc. Class A put Sold out 10,600 $1.1Mbefore exit TRN Trinity Industries Inc. put Sold out 27,600 $969Kbefore exit CACC Credit Acceptance Corp. put Sold out 2,000 $939Kbefore exit WYNN WYNN Resorts Ltd. put Sold out 10,600 $913Kbefore exit UFPI Ufp Industries Inc. put Sold out 7,700 $867Kbefore exit FND Floor & Decor Holdings Inc. Class A put Sold out 8,400 $837Kbefore exit PFGC Performance Food Group Co. put Sold out 9,700 $820Kbefore exit HEES H&E Equipment Services Inc. put Sold out 16,000 $783Kbefore exit TDY Teledyne Technologies Inc. put Sold out 1,600 $743Kbefore exit DPZ Domino's Pizza Inc. put Sold out 1,700 $714Kbefore exit CMCO Columbus McKinnon Corp. put Sold out 19,000 $708Kbefore exit BAC Bank of America Corp. put Sold out 16,000 $703Kbefore exit RMD Resmed Inc. put Sold out 3,000 $686Kbefore exit GM General Motors Co. put Sold out 11,200 $597Kbefore exit SNOW Snowflake Inc. put Sold out 3,800 $587Kbefore exit BILL Bill Holdings Inc. put Sold out 3,800 $322Kbefore exit CELH Celsius Holdings Inc. put Sold out 10,000 $263Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 3 $67.8M PBI, KSS, FLO Q1 2026 4 $96.3M PBI, KSS, FLO, QVCAQ Q4 2025 3 $94.3M PBI, KSS, FLO Q3 2025 3 $135.6M PBI, KSS, FLO Q2 2025 3 $133.9M PBI, KSS, FLO Q1 2025 3 $126.5M PBI, KSS, QVCG Q4 2024 3 $117.8M PBI, KSS, QVCG