MFN Partners Management, LP

BOSTON, MA · CIK 1732811 · 13F filing filed 2023-11-13

SEC-registered investment adviser since 2018 · limited partnership

$3.0bn reported value -3.3% vs Q2 2023

13positions

98.8%in top 10

0 new 0 added 1 reduced 1 sold out vs Q2 2023

Holdings, Q3 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	XPO INC COM XPO	XPO	12,675,369	$946.3m31.77%	31.77%	Unchanged
2	LITHIA MTRS INC COM LAD	LAD	1,551,077	$458.1m15.38%	15.38%	Unchanged
3	PENNYMAC FINL SVCS INC NEW COM PFSI	PFSI	4,531,792	$301.8m10.13%	10.13%	Unchanged
4	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	197,623	$272.7m9.16%	9.16%	Reduced -2.4k	-2,377 -1.2%
5	RXO INC COMMON STOCK RXO	RXO	12,675,369	$250.1m8.40%	8.40%	Unchanged
6	OCCIDENTAL PETE CORP *W EXP 08/03/202 OXY.WS	OXY.WS	5,690,600	$246.1m8.26%	8.26%	Unchanged
7	HCA HEALTHCARE INC COM HCA	HCA	769,198	$189.2m6.35%	6.35%	Unchanged
8	LIBERTY GLOBAL PLC SHS CL C LBTYK	LBTYK	6,706,460	$124.5m4.18%	4.18%	Unchanged
9	COINBASE GLOBAL INC NOTE 0.500% 6/0 · principal COIN 0.5 06.01.26 · principal	COIN 0.5 06.01.26	136,953,000	$103.5m3.47%	3.47%	Unchanged
10	BAUSCH HEALTH COS INC COM BHC	BHC	6,000,000	$49.3m1.66%	1.66%	Unchanged
11	IVANHOE ELECTRIC INC COM IE	IE	2,553,191	$30.4m1.02%	1.02%	Unchanged
12	WARBY PARKER INC CL A COM WRBY	WRBY	462,679	$6.1m0.20%	0.20%	Unchanged
13	CYCLERION THERAPEUTICS INC COM COM		169,460	$576.2k0.02%	0.02%	Unchanged

Security	Ticker	Shares held before	Value then
ALPHABET INC GOOGL	GOOGL	2,019,183	$241.7m2.0m shares