Filed: 8/8/2025ACC: 0000904454-25-000404
📋 What this filing means
MFN PARTNERS MANAGEMENT, LP filed this quarterly 13F‑HR report disclosing 9 equity positions with a total reported market value of $4.67B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
9
Positions
$4.67B
Total AUM (reported)
116.04M
Total Shares
Allocation by class
COM$3.11B66.6%
COM NEW$1.01B21.6%
COMMON STOCK$433.52M9.3%
*W EXP 08/03/2027$117.85M2.5%
Portfolio Concentration
Top 3$3.33B71.2%
4–10$1.35B28.8%
Top 3 weight
71.2%
Top 10 weight
100.0%
Voting Authority Distribution
Total shares with voting rights: 116.04M
Sole
Full voting authority
116.04M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole9
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings9
Rows:
XPO INC
SOLEShares11.43M
TypeSH
Market value$1.44B
30.88%
Sole
11.43M
Shared
0.00
None
0.00
QXO INC
SOLEShares46.91M
TypeSH
Market value$1.01B
21.62%
Sole
46.91M
Shared
0.00
None
0.00
TALEN ENERGY CORP
SOLEShares3M
TypeSH
Market value$872.31M
18.67%
Sole
3M
Shared
0.00
None
0.00
PENNYMAC FINL SVCS INC NEW
SOLEShares4.53M
TypeSH
Market value$451.55M
9.66%
Sole
4.53M
Shared
0.00
None
0.00
RXO INC
SOLEShares27.58M
TypeSH
Market value$433.52M
9.28%
Sole
27.58M
Shared
0.00
None
0.00
CNX RES CORP
SOLEShares8.35M
TypeSH
Market value$281.23M
6.02%
Sole
8.35M
Shared
0.00
None
0.00
OCCIDENTAL PETE CORP
SOLEShares5.69M
TypeSH
Market value$117.85M
2.52%
Sole
5.69M
Shared
0.00
None
0.00
BAUSCH HEALTH COS INC
SOLEShares6M
TypeSH
Market value$39.96M
0.86%
Sole
6M
Shared
0.00
None
0.00
IVANHOE ELECTRIC INC
SOLEShares2.55M
TypeSH
Market value$23.16M
0.50%
Sole
2.55M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
XPO INCSOLE | COM | 11.43M | SH | $1.44B 30.88% | 11.43M | 0.00 | 0.00 |
QXO INCSOLE | COM NEW | 46.91M | SH | $1.01B 21.62% | 46.91M | 0.00 | 0.00 |
TALEN ENERGY CORPSOLE | COM | 3M | SH | $872.31M 18.67% | 3M | 0.00 | 0.00 |
PENNYMAC FINL SVCS INC NEWSOLE | COM | 4.53M | SH | $451.55M 9.66% | 4.53M | 0.00 | 0.00 |
RXO INCSOLE | COMMON STOCK | 27.58M | SH | $433.52M 9.28% | 27.58M | 0.00 | 0.00 |
CNX RES CORPSOLE | COM | 8.35M | SH | $281.23M 6.02% | 8.35M | 0.00 | 0.00 |
OCCIDENTAL PETE CORPSOLE | *W EXP 08/03/2027 | 5.69M | SH | $117.85M 2.52% | 5.69M | 0.00 | 0.00 |
BAUSCH HEALTH COS INCSOLE | COM | 6M | SH | $39.96M 0.86% | 6M | 0.00 | 0.00 |
IVANHOE ELECTRIC INCSOLE | COM | 2.55M | SH | $23.16M 0.50% | 2.55M | 0.00 | 0.00 |