MFN Partners Management, LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
MFN Partners Management, LP disclosed 9 US equity positions worth $4.7bn in its Q2 2025 13F filing. The largest position was XPO at 30.9% of the reported book, followed by QXO and TLN. Against the Q1 2025 filing, it opened 0 new positions, added to 0 and reduced 0 among the top 9 holdings.
What did MFN Partners Management, LP own in Q2 2025? Top 9 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | XPO XPO INC | Industrials | 30.9% | $1.4bn | 11,425,369 | 0% | held |
| 2 | QXO QXO INC | Industrials | 21.6% | $1.0bn | 46,908,701 | 0% | held |
| 3 | TLN TALEN ENERGY CORP | Utilities | 18.7% | $872.3m | 3,000,000 | 0% | held |
| 4 | PFSI PENNYMAC FINL SVCS INC NEW | Financial Services | 9.7% | $451.5m | 4,531,792 | 0% | held |
| 5 | RXO RXO INC | Industrials | 9.3% | $433.5m | 27,577,666 | 0% | held |
| 6 | CNX CNX RES CORP | Energy | 6.0% | $281.2m | 8,350,000 | 0% | held |
| 7 | OCCIDENTAL PETE CORP | 2.5% | $117.9m | 5,690,600 | 0% | held | |
| 8 | BHC BAUSCH HEALTH COS INC | Healthcare | 0.9% | $40.0m | 6,000,000 | 0% | held |
| 9 | IE IVANHOE ELECTRIC INC | 0.5% | $23.2m | 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.