MFN Partners Management, LP
BOSTON, MA · CIK 1732811 · 13F filing filed 2024-05-10
SEC-registered investment adviser since 2018 · limited partnership
- Assets managed$12.4bn
- Staff17 · 7 in investment roles
- Main clients (by assets)Private funds 100%
- Private funds1 (1 hedge) · $12.4bn gross assets
- Form ADV · 2026-03-25SEC adviser record
- Legal entityMFN PARTNERS MANAGEMENT, LP (US)
$3.5bn
reported value
+13.4% vs Q4 2023
10positions
100.0%in top 10
0 new
1 added
1 reduced
2 sold out
vs Q4 2023
Holdings, Q1 2024
The small lines show how much was held over the last 4 quarters (adjusted for stock splits).
| Security | Value | Change |
|---|---|---|
| XPO INC XPO | $1.5bn43.90% | Unchanged |
| LITHIA MTRS INC LAD | $466.7m13.24% | Unchanged |
| PENNYMAC FINL SVCS INC NEW PFSI | $412.8m11.72% | Unchanged |
| RXO INC RXO | $340.9m9.68% | Added +2.6m |
| HCA HEALTHCARE INC HCA | $324.8m9.22% | Unchanged |
| OCCIDENTAL PETE CORP OXY.WS | $245.3m6.96% | Unchanged |
| LIBERTY GLOBAL LTD LBTYK | $97.0m2.75% | Reduced -1.2m |
| BAUSCH HEALTH COS INC BHC | $63.7m1.81% | Unchanged |
| IVANHOE ELECTRIC INC IE | $25.0m0.71% | Unchanged |
| CYCLERION THERAPEUTICS INC COM | $542.3k0.02% | Unchanged |
Sold out since Q4 2023
| Security | Value then |
|---|---|
| FIRST CTZNS BANCSHARES INC N FCNCA | $92.7m65.3k shares |
| WARBY PARKER INC WRBY | $6.5m462.7k shares |
Trades reported as a company insider in Q1 2024
Owning 10% or more of a company, or having someone on its board, makes this manager an insider there: it reports its trades in that company's shares on Form 4 within two business days. Open-market and private purchases and sales only.