Mfn Partners Management, LP: 13F holdings, Q2 2026
Hedge fund · SEC EDGAR filings (CIK 1732811) · Explore on the interactive board
Mfn Partners Management, LP disclosed 9 US equity positions worth $4.8bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 12, 2026). Its largest position is XPO at 41.9% of the reported book, followed by TLN, RXO. The top ten holdings are 100.0% of the book, and the portfolio behaves like about 4 equal-weight positions. Versus the prior filing it opened 0 new positions, added to 0, reduced 1 and exited 1. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.
What does Mfn Partners Management, LP own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 0 new, 0 added, 1 reduced, 1 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | XPO XPO INC | Industrials | 41.9% | $2.0bn | 9,869,691 | -14% | reduced |
| 2 | TLN TALEN ENERGY CORP | Utilities | 23.8% | $1.2bn | 3,000,000 | 0% | held |
| 3 | RXO RXO INC | Industrials | 16.0% | $775.6m | 28,109,942 | 0% | held |
| 4 | QXO QXO INC | Industrials | 8.4% | $405.3m | 23,454,350 | 0% | held |
| 5 | PFSI PENNYMAC FINL SVCS INC NEW | Financial Services | 8.2% | $394.7m | 4,531,792 | 0% | held |
| 6 | BHC BAUSCH HEALTH COS INC | Healthcare | 0.6% | $29.6m | 6,000,000 | 0% | held |
| 7 | RICE ACQUISITION CORP 3 | 0.5% | $25.2m | 2,400,000 | 0% | held | |
| 8 | IE IVANHOE ELECTRIC INC | 0.5% | $24.5m | 2,553,191 | 0% | held | |
| 9 | RICE ACQUISITION CORP 3 | 0.0% | $396.0k | 400,000 | 0% | held |
What did Mfn Partners Management, LP sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| OCCIDENTAL PETE CORP | 100.0% | $244.1m |
Sector mix
| Sector | Weight |
|---|---|
| Industrials | 66.3% |
| Utilities | 23.8% |
| Financial Services | 8.2% |
| Healthcare | 0.6% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Mfn Partners Management, LP's portfolio?
Across every quarter Mfn Partners Management, LP has filed, its median largest position is 44.2% of the book and its median top-ten weight is 100.0%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 1.0 completed holding spells, the median lasted 1.0 quarters; 9.0 positions are still open and their final length is unknown.