MFN Partners Management, LP

Q2 2020 13F-HR Holdings

Location
Boston, MA
Holdings as of
6/30/2020
Date filed
8/13/2020
Form type
13F-HR
Num holdings
11
Total value ($000)
$717,499
Net value change ($000)
-38,618 (-5.1%)
New positions
4
Sold out positions
10
Turnover %
86.7%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q1 2020
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
ALIT 106,700 NEW
CORELOGIC, INC. 80,664 NEW
Mylan II B.V. 44,220 NEW
FNF 42,924 NEW
LBTYA 20,388 18.0%
LNG 16,570 13.7%
CYCN 7,915 123.0%
HCA 4,074 8.0%
EOLS 1,633 27.7%
ACRS 1,249 30.0%
Top Reduces (Value $000, Stocks/ETFs)
META -97,493 -100.0%
GOOGL -87,489 -100.0%
FOXA -52,263 -100.0%
IRWD -34,003 -100.0%
MPC -23,620 -100.0%
PIONEER NATURAL RESOURCES CO -21,747 -100.0%
BKNG -21,525 -100.0%
XPO -17,654 -16.5%
GTT Communications, Inc. -6,643 -100.0%
CRESY -1,951 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type