Q1 2026 · 13F-HR
MFN Partners Management, LPholdings as filed
Filed 2026-05-14 · accession 0000904454-26-000287
$4.77B
Reported value
10
Positions
2026-03-31
Period end
The Brief · MFN Partners Management, LP · Q1 2026
AI · grounded in 13F
MFN Partners Management, LP closed its position in CNX RES CORP CNX, reducing its exposure by $307.03M. The fund established new positions in RICE ACQUISITION CORP 3 KRSP and its warrants KRSP/WS, totaling approximately $25.06M. Additionally, the fund accumulated shares of RXO INC RXO by 1.93% and trimmed its holding in QXO INC QXO by 22.53%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 983793100 | XPO | XPO INC | $2.22B | 46.6% | 11,425,369 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $957.7M | 20.1% | 3,000,000 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $455.5M | 9.54% | 23,454,350 | Common | SOLE |
| 74982T103 | RXO | RXO INC | $411.0M | 8.61% | 28,109,942 | Common | SOLE |
| 70932M107 | PFSI | PENNYMAC FINL SVCS INC NEW | $396.1M | 8.30% | 4,531,792 | Common | SOLE |
| 674599162 | OXY/WS | OCCIDENTAL PETE CORP | $244.1M | 5.11% | 5,690,600 | Common | SOLE |
| 071734107 | BHC | BAUSCH HEALTH COS INC | $32.4M | 0.68% | 6,000,000 | Common | SOLE |
| 46578C108 | IE | IVANHOE ELECTRIC INC | $30.2M | 0.63% | 2,553,191 | Common | SOLE |
| G7553X106 | KRSP | RICE ACQUISITION CORP 3 | $24.7M | 0.52% | 2,400,000 | Common | SOLE |
| G7553X114 | KRSP/WS | RICE ACQUISITION CORP 3 | $320,000 | 0.01% | 400,000 | 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.