We are live on ! Find out more
MP

MFN Partners Portfolio holdings

AUM $4.83B
1-Year Est. Return 65.74%
This Fund
S&P 500
This Quarter Est. Return
-0.84%
1 Year Est. Return
+65.74%
3 Year Est. Return
+171.93%
5 Year Est. Return
+273.92%
10 Year Est. Return
–
AUM
$4.73B
AUM Growth
-$220M
Cap. Flow
-$128M
Cap. Flow %
-2.7%
Top 10 Hldgs %
99.99%
Holding
11
New
2
Increased
–
Reduced
1
Closed
–

Top Buys

Rank Stock Value
1
KRSP
Rice Acquisition Corporation 3
KRSP
+$24.9M
2
KRSP.WS
Rice Acquisition Corp Warrants
KRSP.WS
+$359K

Top Sells

Rank Stock Value
1
QXO
QXO Inc
QXO
+$153M

Sector Composition

Rank Sector Weight
1 Industrials 52.53%
2 Utilities 23.77%
3 Financials 13.15%
4 Energy 6.49%
5 Miscellaneous 2.32%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
XPO icon
1
XPO
XPO
$22.6B
$1.55B 32.82%
11,425,369
– –
TLN
2
Talen Energy Corp
TLN
$15.2B
$1.12B 23.77%
3,000,000
– –
PFSI icon
3
PennyMac Financial
PFSI
$3.81B
$597M 12.63%
4,531,792
– –
QXO
4
QXO Inc
QXO
$13.9B
$584M 12.34%
30,277,326
-7,973,524
-21% -$153M
RXO icon
5
RXO
RXO
$3.41B
$349M 7.37%
27,577,666
– –
CNX icon
6
CNX Resources
CNX
$5.55B
$307M 6.49%
8,350,000
– –
OXY.WS icon
7
Occidental Petroleum Corp Warrants
OXY.WS
$35.8B
$110M 2.32%
5,690,600
– –
BHC icon
8
Bausch Health
BHC
$2.45B
$41.7M 0.88%
6,000,000
– –
IE icon
9
Ivanhoe Electric
IE
$1.59B
$40.8M 0.86%
2,553,191
– –
KRSP
10
Rice Acquisition Corporation 3
KRSP
$483M
$24.6M 0.52%
+2,400,000
New +$24.9M
KRSP.WS
11
Rice Acquisition Corp Warrants
KRSP.WS
$320K 0.01%
+400,000
New +$359K

Similar funds

FAM
Fenimore Asset Management Cobleskill, New York $4.83B AUM 9.09% 1-Year Est. Return
AG
AlTi Global New York $4.84B AUM 25.68% 1-Year Est. Return
OAM
Oberweis Asset Management Lisle, Illinois $4.84B AUM 160.95% 1-Year Est. Return
SHCM
Sachem Head Capital Management New York $4.82B AUM 73.38% 1-Year Est. Return
BCI
Bain Capital Investors Boston, Massachusetts $4.82B AUM 35.43% 1-Year Est. Return
G
Glencore Baar, Switzerland $4.87B AUM 67.38% 1-Year Est. Return
CCM
Copeland Capital Management Conshohocken, Pennsylvania $4.87B AUM 31.21% 1-Year Est. Return
ATPW
Ashton Thomas Private Wealth Scottsdale, Arizona $4.79B AUM 27.94% 1-Year Est. Return

MFN Partners's Q4 2025 Portfolio in Review

As of Q4 2025, MFN Partners held 11 positions worth $4.73B, down 4.4% from $4.95B the previous quarter. Its ten largest holdings account for 100% of the portfolio.

MFN Partners's Q4 2025 filing shows 2 new and 1 reduced positions. Its largest new stake was Rice Acquisition Corporation 3: 2,400,000 shares worth $24.6M. The largest sale was QXO Inc, an estimated $153M.

By sector, the portfolio is most concentrated in Industrials at 53% of assets, down from 53% a quarter earlier, followed by Utilities and Financials.

  • MFN Partners's largest Q4 2025 buy was Rice Acquisition Corporation 3: 2,400,000 shares worth $24.6M.
  • MFN Partners's biggest Q4 2025 reduction was QXO Inc, cutting an estimated $153M.
  • MFN Partners's ten largest holdings make up 100% of its $4.73B portfolio in Q4 2025.
  • MFN Partners opened 2 new positions and closed 0 in Q4 2025.
  • MFN Partners's portfolio value fell 4.4% quarter-over-quarter to $4.73B.

Based on MFN Partners's 13F filing for Q4 2025, filed 12 Feb 2026.