MFN Partners Management, LP Diversified Active

Location: Boston, MA

CIK: 0001732811 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 14, 2026

Total Value: $4.775B (100.0% shares, 0.0% debt)

Holdings (10)

XPO XPO INC 46.6%

Value $2.223B Shares 11,425,369 Est. Cost $37.86 Unrealized +349.9%

TLN TALEN ENERGY CORP 20.1%

Value $958M Shares 3,000,000 Est. Cost $138.87 Unrealized +165.2%

QXO QXO INC 9.5%

Value $455M Shares 23,454,350 Est. Cost $29.17 Unrealized -17.2%

RXO RXO INC 8.6%

Value $411M Shares 28,109,942 Est. Cost $22.08 Unrealized -31.7%

PFSI PENNYMAC FINL SVCS INC NEW 8.3%

Value $396M Shares 4,531,792 Est. Cost $58.13 Unrealized +105.7%

OXY/WS OCCIDENTAL PETE CORP 5.1%

Value $244M Shares 5,690,600 Est. Cost $4.73 Unrealized —

BHC BAUSCH HEALTH COS INC 0.7%

Value $32.4M Shares 6,000,000 Est. Cost $6.95 Unrealized -7.7%

IE IVANHOE ELECTRIC INC 0.6%

Value $30.18M Shares 2,553,191 Est. Cost $9.74 Unrealized +78.3%

KRSP RICE ACQUISITION CORP 3 0.5%

Value $24.74M Shares 2,400,000 Est. Cost $10.36 Unrealized -0.0%

KRSP/WS RICE ACQUISITION CORP 3 0.0%

Value $320K Shares 400,000 Est. Cost $0.80 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XPO	XPO INC	11,425,369	$2.223B	46.6%	$37.86	+349.9%	COM	983793100
TLN	TALEN ENERGY CORP	3,000,000	$958M	20.1%	$138.87	+165.2%	COM	87422Q109
QXO	QXO INC	23,454,350	$455M	9.5%	$29.17	-17.2%	COM NEW	82846H405
RXO	RXO INC	28,109,942	$411M	8.6%	$22.08	-31.7%	COMMON STOCK	74982T103
PFSI	PENNYMAC FINL SVCS INC NEW	4,531,792	$396M	8.3%	$58.13	+105.7%	COM	70932M107
OXY/WS	OCCIDENTAL PETE CORP	5,690,600	$244M	5.1%	$4.73	—	*W EXP 08/03/2027	674599162
BHC	BAUSCH HEALTH COS INC	6,000,000	$32.4M	0.7%	$6.95	-7.7%	COM	071734107
IE	IVANHOE ELECTRIC INC	2,553,191	$30.18M	0.6%	$9.74	+78.3%	COM	46578C108
KRSP	RICE ACQUISITION CORP 3	2,400,000	$24.74M	0.5%	$10.36	-0.0%	ORD SHS CL A	G7553X106
KRSP/WS	RICE ACQUISITION CORP 3	400,000	$320K	0.0%	$0.80	—	*W EXP 99/99/999	G7553X114