Key Points MFN Partners Management, LP increased its RXO stake by 532,276 shares; estimated trade size was $7.81 million based on quarterly average pricing Quarter-end position value rose by $62.39 million, reflecting the combined effect of additional shares and price movement Trade represented a 0.16% change in 13F reportable assets under management Post-trade, the fund holds 28,109,942 RXO share...
Key Points MFN Partners Management, LP increased its RXO stake by 532,276 shares; estimated trade size was $7.81 million based on quarterly average pricing Quarter-end position value rose by $62.39 million, reflecting the combined effect of additional shares and price movement Trade represented a 0.16% change in 13F reportable assets under management Post-trade, the fund holds 28,109,942 RXO shares valued at $410.97 million RXO represents 8.6070% of MFN Partners Management, LP’s 13F assets, which places it outside the fund's top five holdings 10 stocks we like better than RXO › RXO (NYSE:RXO) saw MFN Partners Management, LP disclose a buy of 532,276 shares, with an estimated transaction value of $7.81 million based on quarterly average pricing, in its May 14, 2026, SEC filing. What happened According to a May 14, 2026, SEC filing, MFN Partners Management, LP bought 532,276 additional shares of RXO. The estimated value of this trade was $7.81 million, calculated using the mean unadjusted closing price of RXO for the first quarter of 2026. The fund’s quarter-end position in RXO increased in value by $62.39 million, reflecting the impact of both new purchases and share price changes. What else to know Following the buy, RXO accounts for 8.61% of MFN Partners Management, LP’s reportable 13F assets. Top holdings after the filing: NYSE: XPO: $2,222,805,539 (46.6% of AUM) NASDAQ: TLN: $957,690,000 (20.1% of AUM) NYSE: QXO: $455,483,477 (9.5% of AUM) NYSE: RXO: $410,967,352 (8.6% of AUM) NYSE: PFSI: $396,078,621 (8.3% of AUM) As of May 13, 2026, RXO shares were priced at $19.81, up 19.19% over the past year, underperforming the S&P 500 by 7.27 percentage points. Company Overview Metric Value Revenue (TTM) $5.73 billion Net Income (TTM) ($105.00 million) Price (as of market close May 13, 2026) $19.81 One-Year Price Change 19.19% Company Snapshot Provides truckload freight brokerage, managed transportation, last-mile, and freight forwarding services through a proprietary digi...