MFN Partners Management, LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
MFN Partners Management, LP disclosed 10 US equity positions worth $4.3bn in its Q1 2025 13F filing. The largest position was XPO at 28.9% of the reported book, followed by QXO and TLN. Against the Q4 2024 filing, it opened 0 new positions, added to 0 and reduced 1 among the top 10 holdings.
What did MFN Partners Management, LP own in Q1 2025? Top 10 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | XPO XPO INC | Industrials | 28.9% | $1.2bn | 11,425,369 | 0% | held |
| 2 | QXO QXO INC | Industrials | 14.9% | $635.1m | 46,908,701 | 0% | held |
| 3 | TLN TALEN ENERGY CORP | Utilities | 14.1% | $599.0m | 3,000,000 | 0% | held |
| 4 | RXO RXO INC | Industrials | 12.4% | $526.7m | 27,577,666 | 0% | held |
| 5 | PFSI PENNYMAC FINL SVCS INC NEW | Financial Services | 10.7% | $453.7m | 4,531,792 | 0% | held |
| 6 | HCA HCA HEALTHCARE INC | Healthcare | 7.9% | $336.5m | 973,898 | 0% | held |
| 7 | CNX CNX RES CORP | Energy | 6.2% | $262.9m | 8,350,000 | -44% | reduced |
| 8 | OCCIDENTAL PETE CORP | 3.7% | $157.5m | 5,690,600 | 0% | held | |
| 9 | BHC BAUSCH HEALTH COS INC | Healthcare | 0.9% | $38.8m | 6,000,000 | 0% | held |
| 10 | IE IVANHOE ELECTRIC INC | 0.3% | $14.8m | 2,553,191 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.