MFN Partners Management, LP Buys XPO Logistics Inc, Alight Inc, Fidelity National Financial Inc, Sells Alibaba Group Holding, GXO Logistics Inc, Foley Trasimene Acquisition Corp

• New Purchases: ALIT, CND,
• Added Positions: XPO, FNF, FB,
• Reduced Positions: CCJ,
• Sold Out: BABA, GXO, WPF,

For the details of MFN Partners Management, LP's stock buys and sells, go to https://www.gurufocus.com/guru/mfn+partners+management%2C+lp/current-portfolio/portfolio

1. Meta Platforms Inc (FB) - 907,800 shares, 14.12% of the total portfolio. Shares added by 38.01%
2. XPO Logistics Inc (XPO) - 3,575,369 shares, 13.04% of the total portfolio. Shares added by 180.34%
3. Cheniere Energy Inc (LNG) - 2,851,860 shares, 12.77% of the total portfolio.
4. PennyMac Financial Services Inc (PFSI) - 3,531,792 shares, 9.90% of the total portfolio.
5. Alphabet Inc (GOOGL) - 75,000 shares, 9.19% of the total portfolio.

MFN Partners Management, LP initiated holding in Alight Inc. The purchase prices were between $0 and $13.01, with an estimated average price of $10.42. The stock is now traded at around $11.150000. The impact to a portfolio due to this purchase was 4.98%. The holding were 9,473,145 shares as of 2021-09-30.

MFN Partners Management, LP initiated holding in Concord Acquisition Corp. The purchase prices were between $9.81 and $10.88, with an estimated average price of $10.27. The stock is now traded at around $12.360000. The impact to a portfolio due to this purchase was 1.29%. The holding were 2,800,000 shares as of 2021-09-30.

MFN Partners Management, LP added to a holding in XPO Logistics Inc by 180.34%. The purchase prices were between $79.57 and $90.39, with an estimated average price of $84.39. The stock is now traded at around $79.850000. The impact to a portfolio due to this purchase was 8.39%. The holding were 3,575,369 shares as of 2021-09-30.

MFN Partners Management, LP added to a holding in Fidelity National Financial Inc by 105.12%. The purchase prices were between $42.21 and $49.06, with an estimated average price of $46.13. The stock is now traded at around $51.070000. The impact to a portfolio due to this purchase was 4.16%. The holding were 3,902,600 shares as of 2021-09-30.

MFN Partners Management, LP added to a holding in Meta Platforms Inc by 38.01%. The purchase prices were between $336.95 and $382.18, with an estimated average price of $360.33. The stock is now traded at around $340.890000. The impact to a portfolio due to this purchase was 3.89%. The holding were 907,800 shares as of 2021-09-30.

MFN Partners Management, LP sold out a holding in Alibaba Group Holding Ltd. The sale prices were between $145.08 and $221.87, with an estimated average price of $182.3.

MFN Partners Management, LP sold out a holding in GXO Logistics Inc. The sale prices were between $54.5 and $87.04, with an estimated average price of $75.92.

MFN Partners Management, LP sold out a holding in Foley Trasimene Acquisition Corp. The sale prices were between $9.63 and $9.75, with an estimated average price of $9.71.