MFN Partners Management, LP
BOSTON, MA · CIK 1732811 · 13F filing filed 2024-11-13
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)
$5.1bn
reported value
+72.0% vs Q2 2024
12positions
99.6%in top 10
3 new
2 added
0 reduced
1 sold out
vs Q2 2024
Holdings, Q3 2024
The small lines show how much was held over the last 4 quarters (adjusted for stock splits).
| Security | Value | Change |
|---|---|---|
| XPO INC XPO | $1.2bn24.22% | Unchanged |
| QXO INC QXO | $850.1m16.76% | New |
| RXO INC RXO | $772.2m15.22% | Added +10.3m |
| TALEN ENERGY CORP TLN | $534.7m10.54% | New |
| PENNYMAC FINL SVCS INC NEW PFSI | $516.5m10.18% | Unchanged |
| CNX RES CORP CNX | $488.6m9.63% | New |
| HCA HEALTHCARE INC HCA | $395.8m7.80% | Unchanged |
| OCCIDENTAL PETE CORP OXY.WS | $169.1m3.33% | Unchanged |
| BAUSCH HEALTH COS INC BHC | $49.0m0.97% | Unchanged |
| FORWARD AIR CORP FWRD | $45.6m0.90% | Added +385.6k |
| IVANHOE ELECTRIC INC IE | $21.6m0.43% | Unchanged |
| CYCLERION THERAPEUTICS INC COM | $437.2k0.01% | Unchanged |
Sold out since Q2 2024
| Security | Value then |
|---|---|
| LITHIA MTRS INC LAD | $224.7m890.0k shares |
Trades reported as a company insider in Q3 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.