Hestia Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), Hestia Capital Management, LLC reported 3 stock positions worth $135.6 million. Its top holding was Pitney Bowes (PBI) at 96.6% of the portfolio, followed by Kohls (KSS, 2.3%) and Flowers Foods (FLO, 1.1%). Compared with Q2 2025, it added to 1 and reduced 2. The biggest buy was Flowers Foods (FLO, shares +271%) and the biggest sale Pitney Bowes (PBI, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- Cranberry Township, PA
- CIK
- 0001815344
- Portfolio Value
- $135.6M (Q3 2025)
- SEC Filing
- 0001941040-25-000576 ↗ filed Oct 28, 2025
Holdings Value
Holdings 3 stocks · $135.6M
| PBI Pitney Bowes Inc. | 96.57% | 11,474,326 | $130.9M | Reduce -4.7% |
| KSS Kohls Corp. | 2.32% | 204,500 | $3.1M | Reduce -19.4% |
| FLO Flowers Foods Inc. | 1.11% | 115,100 | $1.5M | Add +271.3% |
Options reported separately and not counted above: CVNA puts ($2.6M), NET puts ($2.4M), UBER puts ($2.1M), AXP puts ($2.0M), RBC puts ($1.7M), TSLA puts ($1.6M), WYNN puts ($1.4M), CELH puts ($1.4M), PFGC puts ($1.4M), KBH puts ($1.3M), WSO puts ($1.3M), PODD puts ($1.2M), and 2 more.
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
| FLO Flowers Foods Inc. | Add +271.3% | 1.11% | +0.74 |
Options Activity Q2 2025 → Q3 2025
| CVNA Carvana Co. | put | Add +3.0% | 6,800 | $2.6M |
| NET Cloudflare Inc. Class A | put | Reduce -5.9% | 11,200 | $2.4M |
| TSLA Tesla Inc. | put | New | 3,700 | $1.6M |
| WYNN WYNN Resorts Ltd. | put | New | 11,200 | $1.4M |
| CELH Celsius Holdings Inc. | put | New | 23,800 | $1.4M |
| PFGC Performance Food Group Co. | put | New | 13,000 | $1.4M |
| KBH KB Home | put | Add +3.0% | 20,800 | $1.3M |
| WSO Watsco Inc. | put | Reduce -6.1% | 3,100 | $1.3M |
| PODD Insulet Corp. | put | New | 3,800 | $1.2M |
| RMD Resmed Inc. | put | New | 4,100 | $1.1M |
| RHP Ryman Hospitality Properties | put | New | 9,500 | $851K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.