business
Hedge Fund Adds to RXO Position, According to Recent SEC Filing
Key takeaways
- RXO XPO 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.
- According to a May 14, 2026, SEC filing, MFN Partners Management, LP bought 532,276 additional shares of RXO.
- Following the buy, RXO accounts for 8.61% of MFN Partners Management, LP’s reportable 13F assets.
RXO XPO 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.
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.
Following the buy, RXO accounts for 8.61% of MFN Partners Management, LP’s reportable 13F assets.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop