MFN Partners Management, LP — QXO, INC. QXO: Quarterly 13F Position History
MFN Partners Management, LP has reported QXO, INC. (QXO) on 7 13F-HR filings in Pactolio's tracked window, first appearing in Q3 2024. As of Q1 2026, the position is sized at 23,454,350 shares ($455.5M market value, 9.54% of the equity book). Quarter-over-quarter share count change: 6,822,976 (-22.5%) .
- 23,454,350Shares Held (Latest Filing)
- $455.5MReported Market Value (Latest Filing)
- 9.54%Portfolio Weight (% of 13F Equity Book)
- 6,822,976Quarter-over-Quarter Share Change
- -$128.6MQuarter-over-Quarter Value Change
- 53,908,701Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 7 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 23,454,350 | 6,822,976 | -22.5% | $455.5M | 9.54% | $19.42 |
| Q4 2025 | 30,277,326 | 7,973,524 | -20.8% | $584.0M | 12.41% | $19.29 |
| Q3 2025 | 38,250,850 | 8,657,851 | -18.5% | $729.1M | 14.72% | $19.06 |
| Q2 2025 | 46,908,701 | 0 | — | $1.01B | 21.62% | $21.54 |
| Q1 2025 | 46,908,701 | 0 | — | $635.1M | 14.93% | $13.54 |
| Q4 2024 | 46,908,701 | 7,000,000 | -13.0% | $745.8M | 14.69% | $15.90 |
| Q3 2024 | 53,908,701 | — | — | $850.1M | 16.76% | $15.77 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did MFN Partners Management, LP first disclose a QXO position in 13F-HR filings?
MFN Partners Management, LP first reported QXO, INC. (QXO) on its 13F-HR filing for the period ending 2024-09-30 (Q3 2024). The position has appeared on 7 reported quarters within Pactolio's tracked window.
What was MFN Partners Management, LP's most recent quarter-over-quarter share-count change in QXO?
Between Q4 2025 and Q1 2026, MFN Partners Management, LP reduced its QXO position by 6,822,976 shares (-22.5%), leaving 23,454,350 shares at a market value of $455.5M.
Does the implied price-per-share represent MFN Partners Management, LP's cost basis in QXO?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.