Q4 2025 · 13F-HR
MFN Partners Management, LPholdings as filed
Filed 2026-02-12 · accession 0000904454-26-000091
$4.71B
Reported value
9
Positions
2025-12-31
Period end
The Brief · MFN Partners Management, LP · Q4 2025
AI · grounded in 13F
MFN Partners Management, LP trimmed its position in QXO by 20.85%. The fund added no new positions during the period. Total assets under management stood at $4.71B across 9 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 983793100 | XPO | XPO INC | $1.55B | 33.0% | 11,425,369 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $1.12B | 23.9% | 3,000,000 | Common | SOLE |
| 70932M107 | PFSI | PENNYMAC FINL SVCS INC NEW | $597.5M | 12.7% | 4,531,792 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $584.0M | 12.4% | 30,277,326 | Common | SOLE |
| 74982T103 | RXO | RXO INC | $348.6M | 7.41% | 27,577,666 | Common | SOLE |
| 12653C108 | CNX | CNX RES CORP | $307.0M | 6.52% | 8,350,000 | Common | SOLE |
| 674599162 | OXY/WS | OCCIDENTAL PETE CORP | $109.6M | 2.33% | 5,690,600 | Common | SOLE |
| 071734107 | BHC | BAUSCH HEALTH COS INC | $41.7M | 0.89% | 6,000,000 | Common | SOLE |
| 46578C108 | IE | IVANHOE ELECTRIC INC | $40.8M | 0.87% | 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.