MFN Partners Management, LP Diversified Active

Location: Boston, MA

CIK: 0001732811 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Aug 12, 2026

Total Value: $4.834B (100.0% shares, 0.0% debt)

Holdings (9)

Exited Positions (1)

OXY/WS OCCIDENTAL PETE CORP 5.0%

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

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
OXY/WS	OCCIDENTAL PETE CORP	5,690,600	$244M	5.0%	$4.73	—	—	674599162

Decreased Positions (1)

XPO XPO INC 41.9%

Value $2.026B (-8.8%) Shares 9,869,691 (-13.6%) Est. Cost $37.86 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XPO	XPO INC	9,869,691 (-13.6%)	$2.026B (-8.8%)	41.9%	$37.86	—	COM	983793100

Unchanged Positions (8)

RXO RXO INC 16.0%

Value $776M Shares 28,109,942 Est. Cost $22.08 Unrealized —

TLN TALEN ENERGY CORP 23.8%

Value $1.153B Shares 3,000,000 Est. Cost $138.87 Unrealized —

QXO QXO INC 8.4%

Value $405M Shares 23,454,350 Est. Cost $29.17 Unrealized —

IE IVANHOE ELECTRIC INC 0.5%

Value $24.54M Shares 2,553,191 Est. Cost $9.74 Unrealized —

BHC BAUSCH HEALTH COS INC 0.6%

Value $29.58M Shares 6,000,000 Est. Cost $6.95 Unrealized —

PFSI PENNYMAC FINL SVCS INC NEW 8.2%

Value $395M Shares 4,531,792 Est. Cost $58.13 Unrealized —

KRSP RICE ACQUISITION CORP 3 0.5%

Value $25.2M Shares 2,400,000 Est. Cost $10.36 Unrealized —

KRSP/WS RICE ACQUISITION CORP 3 0.0%

Value $396K Shares 400,000 Est. Cost $0.80 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RXO	RXO INC	28,109,942	$776M	16.0%	$22.08	—	COMMON STOCK	74982T103
TLN	TALEN ENERGY CORP	3,000,000	$1.153B	23.8%	$138.87	—	COM	87422Q109
QXO	QXO INC	23,454,350	$405M	8.4%	$29.17	—	COM NEW	82846H405
IE	IVANHOE ELECTRIC INC	2,553,191	$24.54M	0.5%	$9.74	—	COM	46578C108
BHC	BAUSCH HEALTH COS INC	6,000,000	$29.58M	0.6%	$6.95	—	COM	071734107
PFSI	PENNYMAC FINL SVCS INC NEW	4,531,792	$395M	8.2%	$58.13	—	COM	70932M107
KRSP	RICE ACQUISITION CORP 3	2,400,000	$25.2M	0.5%	$10.36	—	ORD SHS CL A	G7553X106
KRSP/WS	RICE ACQUISITION CORP 3	400,000	$396K	0.0%	$0.80	—	*W EXP 99/99/999	G7553X114