Hestia Capital Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), Hestia Capital Management, LLC reported 4 stock positions worth $96.3 million. Its top holding was Pitney Bowes (PBI) at 93.6% of the portfolio, followed by Kohls (KSS, 4.0%) and Flowers Foods (FLO, 2.3%). Compared with Q4 2025, it opened 1 new position, added to 2 and reduced 1. The biggest buy was Kohls (KSS, shares +107%) and the biggest sale Pitney Bowes (PBI, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- Cranberry Township, PA
- CIK
- 0001815344
- Portfolio Value
- $96.3M (Q1 2026)
- SEC Filing
- 0001941040-26-000305 ↗ filed May 8, 2026
Holdings Value
Holdings 4 stocks · $96.3M
| PBI Pitney Bowes Inc. | 93.59% | 8,155,805 | $90.1M | Reduce -3.5% |
| KSS Kohls Corp. | 4.01% | 299,500 | $3.9M | Add +107.3% |
| FLO Flowers Foods Inc. | 2.31% | 273,300 | $2.2M | Add +51.8% |
| QVCAQ QVC Group Inc. | 0.09% | 32,769 | $83K | New |
Options reported separately and not counted above: RBC puts ($2.2M), NET puts ($2.0M), AXP puts ($1.8M), TSLA puts ($1.3M), TDY puts ($1.3M), WYNN puts ($1.1M), CHEF puts ($1.0M), KBH puts ($988K), GLBE puts ($978K), BAC puts ($926K), CELH puts ($706K), SNOW puts ($528K), and 1 more.
Portfolio Sells Q4 2025 → Q1 2026
| PBI Pitney Bowes Inc. | Reduce -3.5% | 93.59% | −1.21 |
Portfolio Buys Q4 2025 → Q1 2026
Options Activity Q4 2025 → Q1 2026
| NET Cloudflare Inc. Class A | put | Reduce -5.0% | 9,500 | $2.0M |
| AXP American Express Co. | put | Reduce -3.3% | 5,800 | $1.8M |
| UBER Uber Technologies Inc. | put | Sold out | 19,900 | $1.6Mbefore exit |
| TSLA Tesla Inc. | put | Reduce -2.7% | 3,600 | $1.3M |
| AME Ametek Inc. | put | Sold out | 6,200 | $1.3Mbefore exit |
| TDY Teledyne Technologies Inc. | put | New | 2,100 | $1.3M |
| GM General Motors Co. | put | Sold out | 14,400 | $1.2Mbefore exit |
| PFGC Performance Food Group Co. | put | Sold out | 12,700 | $1.1Mbefore exit |
| WYNN WYNN Resorts Ltd. | put | Reduce -5.4% | 10,600 | $1.1M |
| PODD Insulet Corp. | put | Sold out | 3,600 | $1.0Mbefore exit |
| WSO Watsco Inc. | put | Sold out | 3,000 | $1.0Mbefore exit |
| CHEF The Chefs' Warehouse Inc. | put | New | 17,000 | $1.0M |
| KBH KB Home | put | Reduce -4.5% | 19,100 | $988K |
| GLBE Global-E Online Ltd. | put | Reduce -10.7% | 31,700 | $978K |
| RMD Resmed Inc. | put | Sold out | 4,000 | $963Kbefore exit |
| BAC Bank of America Corp. | put | Reduce -9.1% | 19,000 | $926K |
| RHP Ryman Hospitality Properties | put | Sold out | 9,500 | $899Kbefore exit |
| CELH Celsius Holdings Inc. | put | Reduce -9.9% | 19,900 | $706K |
| SNOW Snowflake Inc. | put | Reduce -16.7% | 3,500 | $528K |
| CVNA Carvana Co. | put | Reduce -6.3% | 6,000 | $377K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.