Hestia Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Hestia Capital Management, LLC reported 3 stock positions worth $94.3 million. Its top holding was Pitney Bowes (PBI) at 94.8% of the portfolio, followed by Kohls (KSS, 3.1%) and Flowers Foods (FLO, 2.1%). Compared with Q3 2025, it added to 1 and reduced 2. The biggest buy was Flowers Foods (FLO, shares +56%) and the biggest sale Pitney Bowes (PBI, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- Cranberry Township, PA
- CIK
- 0001815344
- Portfolio Value
- $94.3M (Q4 2025)
- SEC Filing
- 0001941040-26-000052 ↗ filed Jan 29, 2026
Holdings Value
Holdings 3 stocks · $94.3M
| PBI Pitney Bowes Inc. | 94.79% | 8,455,805 | $89.4M | Reduce -26.3% |
| KSS Kohls Corp. | 3.13% | 144,500 | $2.9M | Reduce -29.3% |
| FLO Flowers Foods Inc. | 2.08% | 180,100 | $2.0M | Add +56.5% |
Options reported separately and not counted above: CVNA puts ($2.7M), AXP puts ($2.2M), NET puts ($2.0M), RBC puts ($1.8M), TSLA puts ($1.7M), UBER puts ($1.6M), GLBE puts ($1.4M), WYNN puts ($1.3M), AME puts ($1.3M), GM puts ($1.2M), BAC puts ($1.1M), PFGC puts ($1.1M), and 7 more.
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
| FLO Flowers Foods Inc. | Add +56.5% | 2.08% | +0.97 |
Options Activity Q3 2025 → Q4 2025
| CVNA Carvana Co. | put | Reduce -5.9% | 6,400 | $2.7M |
| AXP American Express Co. | put | Add +1.7% | 6,000 | $2.2M |
| NET Cloudflare Inc. Class A | put | Reduce -10.7% | 10,000 | $2.0M |
| RBC RBC Bearings Inc. | put | Reduce -7.0% | 4,000 | $1.8M |
| UBER Uber Technologies Inc. | put | Reduce -5.2% | 19,900 | $1.6M |
| GLBE Global-E Online Ltd. | put | New | 35,500 | $1.4M |
| AME Ametek Inc. | put | New | 6,200 | $1.3M |
| GM General Motors Co. | put | New | 14,400 | $1.2M |
| BAC Bank of America Corp. | put | New | 20,900 | $1.1M |
| PFGC Performance Food Group Co. | put | Reduce -2.3% | 12,700 | $1.1M |
| KBH KB Home | put | Reduce -3.9% | 20,000 | $1.1M |
| PODD Insulet Corp. | put | Reduce -5.3% | 3,600 | $1.0M |
| CELH Celsius Holdings Inc. | put | Reduce -7.1% | 22,100 | $1.0M |
| WSO Watsco Inc. | put | Reduce -3.2% | 3,000 | $1.0M |
| RMD Resmed Inc. | put | Reduce -2.4% | 4,000 | $963K |
| SNOW Snowflake Inc. | put | New | 4,200 | $921K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.