Institutions / MFN Partners Management, LP

MFN Partners Management, LP

CIK 1732811 · Institution · as of Dec 31, 2025

Portfolio value

$4.71B

Positions

As of

Dec 31, 2025

Top holdings

Dec 31, 2025

Company	Class	Value	Shares	% of portfolio
XPO Inc	—	$1.55B	11,425,369	33.0%
Talen Energy Corp	—	$1.12B	3,000,000	23.9%
PennyMac Financial Services, Inc.	—	$597.47M	4,531,792	12.7%
QXO, Inc.	—	$584.05M	30,277,326	12.4%
RXO, Inc.	—	$348.58M	27,577,666	7.4%
Cnx Resources Corp	—	$307.03M	8,350,000	6.5%
Occidental Pete Corp	—	$109.64M	5,690,600	2.3%
Bausch Health Companies Inc.BHC	Common Stock	$41.70M	6,000,000	0.9%
Ivanhoe Electric IncIE	Common Stock	$40.80M	2,553,191	0.9%

Activity

Dec 31, 2025

InsidersInstitutions

This fund's 13F position changes — what it's buying and selling.

No quarter-over-quarter changes yet — position changes appear once we've ingested two consecutive 13F filings for this manager. We currently hold 1 quarter of holdings.