Q3 2025 · 13F-HR
MFN Partners Management, LPholdings as filed
Filed 2025-11-13 · accession 0000904454-25-000585
$4.95B
Reported value
9
Positions
2025-09-30
Period end
The Brief · MFN Partners Management, LP · Q3 2025
AI · grounded in 13F
MFN Partners Management, LP established a new position in XPO valued at $1.48B. The fund also initiated new stakes in TLN for $1.28B and QXO for $729.1M. Other new additions include PFSI at $561.4M and RXO at $424.1M. Total assets under management stand at $4.95B across 9 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 983793100 | XPO | XPO INC | $1.48B | 29.8% | 11,425,369 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $1.28B | 25.8% | 3,000,000 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $729.1M | 14.7% | 38,250,850 | Common | SOLE |
| 70932M107 | PFSI | PENNYMAC FINL SVCS INC NEW | $561.4M | 11.3% | 4,531,792 | Common | SOLE |
| 74982T103 | RXO | RXO INC | $424.1M | 8.57% | 27,577,666 | Common | SOLE |
| 12653C108 | CNX | CNX RES CORP | $268.2M | 5.42% | 8,350,000 | Common | SOLE |
| 674599162 | OXY/WS | OCCIDENTAL PETE CORP | $145.1M | 2.93% | 5,690,600 | Common | SOLE |
| 071734107 | BHC | BAUSCH HEALTH COS INC | $38.7M | 0.78% | 6,000,000 | Common | SOLE |
| 46578C108 | IE | IVANHOE ELECTRIC INC | $32.0M | 0.65% | 2,553,191 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.