Hestia Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Hestia Capital Management, LLC reported 3 stock positions worth $133.9 million. Its top holding was Pitney Bowes (PBI) at 98.0% of the portfolio, followed by Kohls (KSS, 1.6%) and Flowers Foods (FLO, 0.4%). Compared with Q1 2025, it opened 1 new position, sold out of 1 and reduced 1. The biggest buy was a new position in Flowers Foods (FLO) and the biggest sale an exit from QVC (QVCG).
- Most Recent 13F
- Q2 2026
- Location
- Cranberry Township, PA
- CIK
- 0001815344
- Portfolio Value
- $133.9M (Q2 2025)
- SEC Filing
- 0001941040-25-000475 ↗ filed Aug 11, 2025
Holdings Value
Holdings 3 stocks · $133.9M
| PBI Pitney Bowes Inc. | 98.02% | 12,035,045 | $131.3M | Reduce -12.2% |
| KSS Kohls Corp. | 1.61% | 253,700 | $2.2M | No change |
| FLO Flowers Foods Inc. | 0.37% | 31,000 | $495K | New |
Options reported separately and not counted above: NET puts ($2.3M), CVNA puts ($2.2M), UBER puts ($2.0M), AXP puts ($1.9M), RBC puts ($1.7M), WSO puts ($1.5M), KBH puts ($1.1M).
Portfolio Sells Q1 2025 → Q2 2025
Portfolio Buys Q1 2025 → Q2 2025
| FLO Flowers Foods Inc. | New | 0.37% | +0.37 |
Options Activity Q1 2025 → Q2 2025
| NET Cloudflare Inc. Class A | put | New | 11,900 | $2.3M |
| CVNA Carvana Co. | put | New | 6,600 | $2.2M |
| UBER Uber Technologies Inc. | put | New | 21,000 | $2.0M |
| AXP American Express Co. | put | New | 5,900 | $1.9M |
| RBC RBC Bearings Inc. | put | New | 4,300 | $1.7M |
| WSO Watsco Inc. | put | New | 3,300 | $1.5M |
| KBH KB Home | put | Reduce -5.6% | 20,200 | $1.1M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.