13F HOLDINGS REPORT
MFN Partners Management, LP
Quarter ended Q3 2025 · Filed November 13, 2025 · Accession 0000904454-25-000585
Total Value
$4.95B
Positions
9
Other Managers
0
Confidential Omitted
No
Holdings (9)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | XPO INC | XPO | 11,425,369 | $1.48B | 29.83% |
| 2 | TALEN ENERGY CORP | TLN | 3,000,000 | $1.28B | 25.77% |
| 3 | QXO INC | QXO-PB | 38,250,850 | $729.1M | 14.72% |
| 4 | PENNYMAC FINL SVCS INC NEW | 70932M107 | 4,531,792 | $561.4M | 11.34% |
| 5 | RXO INC | RXO | 27,577,666 | $424.1M | 8.57% |
| 6 | CNX RES CORP | CNX | 8,350,000 | $268.2M | 5.42% |
| 7 | OCCIDENTAL PETE CORP | 674599162 | 5,690,600 | $145.1M | 2.93% |
| 8 | BAUSCH HEALTH COS INC | 071734107 | 6,000,000 | $38.7M | 0.78% |
| 9 | IVANHOE ELECTRIC INC | IE | 2,553,191 | $32.0M | 0.65% |