MFN Partners Management, LP
CIK 0001732811
Annualised vol
24.415019%
Beta
0.639765
HHI
2720.5678
Top-10 weight
100.0%
VaR 95%
2.027655%
VaR 99%
4.050629%
Max drawdown
32.974482%
Matched value
91.22298%
Returns of reported holdings
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Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| XPO | REDUCED | 9,869,691 | 11,425,369 | -13.62% | 2,026,148,865 |
| TLN | UNCHANGED | 3,000,000 | 3,000,000 | 0.0% | 1,152,780,000 |
| RXO | UNCHANGED | 28,109,942 | 28,109,942 | 0.0% | 775,553,300 |
| QXO | UNCHANGED | 23,454,350 | 23,454,350 | 0.0% | 405,291,168 |
| KRSP | UNCHANGED | 2,800,000 | 2,800,000 | 0.0% | 25,596,000 |
| IE | UNCHANGED | 2,553,191 | 2,553,191 | 0.0% | 24,536,166 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| XPO | REDUCED | XPO INC | COM | 983793100 | 2,026,148,865 | 41.91 | 9869691.0 |
| TLN | UNCHANGED | TALEN ENERGY CORP | COM | 87422Q109 | 1,152,780,000 | 23.85 | 3000000.0 |
| RXO | UNCHANGED | RXO INC | COMMON STOCK | 74982T103 | 775,553,300 | 16.04 | 2.8109942E7 |
| QXO | UNCHANGED | QXO INC | COM NEW | 82846H405 | 405,291,168 | 8.38 | 2.345435E7 |
| - | PENNYMAC FINL SVCS INC NEW | COM | 70932M107 | 394,719,083 | 8.17 | 4531792.0 | |
| - | BAUSCH HEALTH COS INC | COM | 071734107 | 29,580,000 | 0.61 | 6000000.0 | |
| KRSP | UNCHANGED | RICE ACQUISITION CORP 3 | ORD SHS CL A | G7553X106 | 25,200,000 | 0.52 | 2400000.0 |
| IE | UNCHANGED | IVANHOE ELECTRIC INC | COM | 46578C108 | 24,536,166 | 0.51 | 2553191.0 |
| KRSP | UNCHANGED | RICE ACQUISITION CORP 3 | *W EXP 99/99/999 | G7553X114 | 396,000 | 0.01 | 400000.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | 4,834,204,582 | 9 | 24.415019 | 0.639765 | 32.974482 |
| 2026-03-31 | 2026-05-14 | 4,774,794,447 | 10 | 25.224875 | 0.675226 | 34.382948 |
| 2025-12-31 | 2026-05-01 | 24,920,000 | 2 | 2.204597 | -2.16E-4 | 4.555913 |
| 2025-09-30 | 2025-11-13 | 4,951,756,395 | 9 | 19.795034 | 0.482266 | 25.891601 |
| 2025-03-31 | 2025-05-13 | 4,254,207,523 | 10 | 19.317462 | 0.509435 | 26.92708 |
| 2024-12-31 | 2025-02-12 | 5,077,384,186 | 11 | 19.180359 | 0.49826 | 27.166511 |