MFN Partners Management, LP — XPO INC XPO: Quarterly 13F Position History
MFN Partners Management, LP has reported XPO INC (XPO) on 30 13F-HR filings in Pactolio's tracked window, first appearing in Q4 2018. As of Q1 2026, the position is sized at 11,425,369 shares ($2.22B market value, 46.55% of the equity book).
- 11,425,369Shares Held (Latest Filing)
- $2.22BReported Market Value (Latest Filing)
- 46.55%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- +$670.0MQuarter-over-Quarter Value Change
- 12,675,369Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 30 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 11,425,369 | 0 | — | $2.22B | 46.55% | $194.55 |
| Q4 2025 | 11,425,369 | 0 | — | $1.55B | 32.99% | $135.91 |
| Q3 2025 | 11,425,369 | 0 | — | $1.48B | 29.83% | $129.27 |
| Q2 2025 | 11,425,369 | 0 | — | $1.44B | 30.88% | $126.29 |
| Q1 2025 | 11,425,369 | 0 | — | $1.23B | 28.89% | $107.58 |
| Q4 2024 | 11,425,369 | 0 | — | $1.50B | 29.51% | $131.15 |
| Q3 2024 | 11,425,369 | 0 | — | $1.23B | 24.22% | $107.51 |
| Q2 2024 | 11,425,369 | 1,250,000 | -9.9% | $1.21B | 41.12% | $106.15 |
| Q1 2024 | 12,675,369 | 0 | — | $1.55B | 43.90% | $122.03 |
| Q4 2023 | 12,675,369 | 0 | — | $1.11B | 35.72% | $87.59 |
| Q3 2023 | 12,675,369 | 0 | — | $946.3M | 31.77% | $74.66 |
| Q2 2023 | 12,675,369 | 0 | — | $747.8M | 24.28% | $59.00 |
| Q1 2023 | 12,675,369 | 0 | — | $404.3M | 18.28% | $31.90 |
| Q4 2022 | 12,675,369 | 0 | — | $422.0M | 18.78% | $33.29 |
| Q3 2022 | 12,675,369 | +1,555,519 | +14.0% | $564.3M | 25.57% | $44.52 |
| Q2 2022 | 11,119,850 | +3,919,481 | +54.4% | $535.5M | 24.24% | $48.16 |
| Q1 2022 | 7,200,369 | +2,925,000 | +68.4% | $524.2M | 18.15% | $72.80 |
| Q4 2021 | 4,275,369 | +700,000 | +19.6% | $331.0M | 13.01% | $77.43 |
| Q3 2021 | 3,575,369 | +2,300,000 | +180.3% | $284.5M | 13.04% | $79.58 |
| Q2 2021 | 1,275,369 | +115,943 | +10.0% | $178.4M | 9.58% | $139.89 |
| Q1 2021 | 1,159,426 | 0 | — | $143.0M | 10.83% | $123.30 |
| Q4 2020 | 1,159,426 | 0 | — | $138.2M | 12.19% | $119.20 |
| Q3 2020 | 1,159,426 | 0 | — | $98.2M | 8.02% | $84.66 |
| Q2 2020 | 1,159,426 | 1,039,965 | -47.3% | $89.6M | 12.48% | $77.25 |
| Q1 2020 | 2,199,391 | +1,499,391 | +214.2% | $107.2M | 14.18% | $48.75 |
| Q4 2019 | 700,000 | 0 | — | $55.8M | 11.50% | $79.70 |
| Q3 2019 | 700,000 | 213,935 | -23.4% | $50.1M | 7.49% | $71.57 |
| Q2 2019 | 913,935 | +68,435 | +8.1% | $52.8M | 8.39% | $57.81 |
| Q1 2019 | 845,500 | +14,338 | +1.7% | $45.4M | 7.94% | $53.74 |
| Q4 2018 | 831,162 | — | — | $47.4M | 8.04% | $57.04 |
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 XPO position in 13F-HR filings?
MFN Partners Management, LP first reported XPO INC (XPO) on its 13F-HR filing for the period ending 2018-12-31 (Q4 2018). The position has appeared on 30 reported quarters within Pactolio's tracked window.
What was MFN Partners Management, LP's most recent quarter-over-quarter share-count change in XPO?
MFN Partners Management, LP held the same 11,425,369 shares of XPO between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent MFN Partners Management, LP's cost basis in XPO?
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.