GXO LOGISTICS INCORPORATED GXO
COMMON STOCK · Common Stock · CUSIP 36262G101 · ISIN US36262G1013
GXO, Inc. is a provider of technologically advanced supply chain and ecommerce solutions for customers globally.
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($11.4m this quarter). Holder counts are more reliable. Shares outstanding: 119.5m as of 2025-02-13, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $43.50. Options: 28 managers hold calls ($99.9m notional), 19 hold puts ($114.4m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 409 |
| Q4 2022 | 431 |
| Q1 2023 | 450 |
| Q2 2023 | 464 |
| Q3 2023 | 458 |
| Q4 2023 | 494 |
| Q1 2024 | 482 |
| Q2 2024 | 444 |
| Q3 2024 | 461 |
| Q4 2024 | 481 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 219 | 195 |
| Q2 2023 | 215 | 205 |
| Q3 2023 | 184 | 222 |
| Q4 2023 | 217 | 205 |
| Q1 2024 | 221 | 233 |
| Q2 2024 | 189 | 245 |
| Q3 2024 | 185 | 216 |
| Q4 2024 | 217 | 227 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $29.8m | $14.8m | 0.49 |
| Q2 2024 | $20.4m | $23.7m | 1.16 |
| Q3 2024 | $58.1m | $71.3m | 1.23 |
| Q4 2024 | $99.9m | $114.4m | 1.15 |
Biggest buyers
| NorthCoast Asset Management LLC | Added | +2.6m |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC | Added | +1.2m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | New | +1.1m |
| Alyeska Investment Group, L.P. | New | +1.1m |
| FMR LLC | Added | +971.7k |
| GROUP ONE TRADING LLC | Added | +759.7k |
| River Road Asset Management, LLC | Added | +699.6k |
| UBS Group AG | Added | +689.0k |
| LMR Partners LLP | New | +550.0k |
| J. Goldman & Co LP | New | +530.6k |
Biggest sellers
| COOPER CREEK PARTNERS MANAGEMENT LLC | Sold out | -2.4m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -2.2m |
| Amundi | Reduced | -1.7m |
| Orbis Allan Gray Ltd | Reduced | -1.5m |
| SCOPUS ASSET MANAGEMENT, L.P. | Sold out | -947.8k |
| Invesco Ltd. | Reduced | -751.7k |
| MAR VISTA INVESTMENT PARTNERS LLC | Sold out | -650.6k |
| EMINENCE CAPITAL, LP | Reduced | -635.0k |
| Handelsbanken Fonder AB | Reduced | -559.6k |
| FEDERATED HERMES, INC. | Reduced | -540.0k |
Biggest calls
| Davidson Kempner Capital Management LP | Not comparable | $31.7m729.7k shares |
| Walleye Capital LLC | Added | $9.8m224.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.6m152.8k shares |
| CITADEL ADVISORS LLC | Reduced | $6.0m138.1k shares |
| JANE STREET GROUP, LLC | Added | $5.4m124.9k shares |
| GOLDMAN SACHS GROUP INC | New | $4.4m100.6k shares |
| SIMPLEX TRADING, LLC | Added | $3.9m88.9k shares |
| JPMORGAN CHASE & CO | New | $3.6m83.8k shares |
| Caption Management, LLC | Added | $3.4m77.5k shares |
| Squarepoint Ops LLC | Added | $3.3m76.7k shares |
Biggest puts
| GROUP ONE TRADING LLC | New | $36.8m846.0k shares |
| LMR Partners LLP | New | $24.4m560.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $17.2m395.3k shares |
| CITADEL ADVISORS LLC | Added | $16.7m385.0k shares |
| WOLVERINE TRADING, LLC | Added | $3.2m74.9k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $2.9m67.4k shares |
| Walleye Trading LLC | Added | $2.8m64.7k shares |
| PEAK6 LLC | First filing | $2.8m64.5k shares |
| IMC-Chicago, LLC | Reduced | $1.3m30.2k shares |
| Squarepoint Ops LLC | Added | $1.1m26.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| ORBIS INVESTMENT MANAGEMENT LTD 13G · institution -0.2 pts · filed 2026-02-17 | 11.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 13G · passive investor new · filed 2026-07-21 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 1 | $111.8k | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $1.5m | $612.0k |
| Q2 2024 | 1 | $499.5k | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| Orbis Allan Gray Ltd 2.96% of their portfolio | 12.7m $550.5m | Reduced -1.5m |
| VANGUARD GROUP INC 0.01% of their portfolio | 11.3m $493.0m | Added +212.3k |
| BlackRock, Inc. 0.01% of their portfolio | 11.0m $479.4m | Added +452.6k |
| Clearbridge Investments, LLC 0.15% of their portfolio | 4.2m $183.9m | Added +153.5k |
| STATE STREET CORP 0.01% of their portfolio | 3.8m $164.7m | Added +155.7k |
| NEUBERGER BERMAN GROUP LLC 0.12% of their portfolio | 3.5m $152.6m | Reduced -107.8k |
| Perpetual Ltd 1.61% of their portfolio | 3.1m $136.7m | Reduced -101.4k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 2.8m $121.7m | Added +50.7k |
| NorthCoast Asset Management LLC 0.56% of their portfolio | 2.6m $114.0m | Added +2.6m |
| MORGAN STANLEY 0.01% of their portfolio | 2.4m $103.4m | Reduced -484.2k |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 3.36% of their portfolio | 2.1m $91.3m | Added +1.2m |
| FMR LLC 0.01% of their portfolio | 2.1m $91.3m | Added +971.7k |
| Swedbank AB 0.11% of their portfolio | 2.0m $89.2m | Added +250.0k |
| River Road Asset Management, LLC 1.16% of their portfolio | 2.0m $87.4m | Added +699.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.0m $85.7m | Reduced -12.4k |
| AXA S.A. 0.17% of their portfolio | 1.3m $56.3m | Added +223.4k |
| NORGES BANK 0.01% of their portfolio | 1.3m $55.3m | Added +365.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $52.1m | Reduced -989 |
| EMINENCE CAPITAL, LP 0.77% of their portfolio | 1.2m $50.5m | Reduced -635.0k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.44% of their portfolio | 1.1m $47.6m | New |
| Alyeska Investment Group, L.P. 0.18% of their portfolio | 1.1m $46.5m | New |
| BROWN BROTHERS HARRIMAN & CO 0.31% of their portfolio | 1.0m $43.8m | Added +38.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.0m $43.7m | Added +191.6k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 884.6k $38.5m | Reduced -2.2m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 861.1k $37.5m | Reduced -22.2k |
| UBS Group AG 0.01% of their portfolio | 814.2k $35.4m | Added +689.0k |
| GROUP ONE TRADING LLC 1.12% of their portfolio | 760.7k $33.1m | Added +759.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 758.3k $33.0m | Reduced -37.8k |
| Global Alpha Capital Management Ltd. 2.39% of their portfolio | 757.1k $32.9m | Added +134.2k |
| SUMMITRY LLC 1.41% of their portfolio | 659.9k $28.7m | Added +13.5k |
| 683 Capital Management, LLC 2.78% of their portfolio | 650.0k $28.3m | Added +300.0k |
| REINHART PARTNERS, LLC. 1.00% of their portfolio | 600.1k $26.1m | Reduced -8.6k |
| FEDERATED HERMES, INC. 0.06% of their portfolio | 585.9k $25.5m | Reduced -540.0k |
| LMR Partners LLP 0.42% of their portfolio | 550.0k $23.9m | New |
| Balyasny Asset Management L.P. 0.05% of their portfolio | 531.2k $23.1m | Added +527.3k |
| J. Goldman & Co LP 0.82% of their portfolio | 530.6k $23.1m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 522.9k $22.7m | Reduced -467.3k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.12% of their portfolio | 513.4k $22.3m | Not comparable |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 497.4k $21.6m | Reduced -34.4k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 480.6k $20.9m | First filing |
| Douglas Lane & Associates, LLC 0.29% of their portfolio | 480.6k $20.9m | Added +31.0k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.20% of their portfolio | 472.1k $20.5m | New |
| Harel Insurance Investments & Financial Services Ltd. 0.32% of their portfolio | 448.5k $19.5m | Reduced -12.7k |
| Praesidium Investment Management Company, LLC 3.11% of their portfolio | 426.2k $18.5m | Reduced -209.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 408.0k $17.7m | Added +43.4k |
| Invesco Ltd. 0.00% of their portfolio | 406.0k $17.7m | Reduced -751.7k |
| Aristotle Capital Boston, LLC 0.64% of their portfolio | 397.8k $17.3m | Added +9.0k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 396.6k $17.3m | Added +376.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 394.2k $17.1m | Added +48.9k |
| Legal & General Group Plc 0.00% of their portfolio | 380.2k $16.5m | Added +3.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 368.5k $16.0m | Reduced -133.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 356.9k $15.5m | Reduced -113.6k |
| FIL Ltd 0.01% of their portfolio | 338.5k $14.7m | Added +117.7k |
| First Eagle Investment Management, LLC 0.03% of their portfolio | 334.6k $14.6m | Added +6.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 329.8k $14.3m | Added +10.2k |
| Retirement Systems of Alabama 0.05% of their portfolio | 327.2k $14.2m | Added +22.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 305.0k $13.3m | Reduced -130.1k |
| Walleye Capital LLC 0.13% of their portfolio | 304.5k $13.2m | Added +299.4k |
| Rathbones Group PLC 0.06% of their portfolio | 295.1k $12.8m | Added +244.7k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 289.3k $12.6m | Added +51.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 274.0k $11.9m | Reduced -2.4k |
| Melqart Asset Management (UK) Ltd 1.57% of their portfolio | 268.0k $11.7m | New |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 258.8k $11.3m | Added +3.4k |
| TUDOR INVESTMENT CORP ET AL 0.11% of their portfolio | 235.1k $10.2m | Added +226.7k |
| Swiss National Bank 0.01% of their portfolio | 234.9k $10.2m | Added +1.6k |
| Clearline Capital LP 1.35% of their portfolio | 234.3k $10.2m | New |
| Jain Global LLC 0.30% of their portfolio | 228.9k $10.0m | First filing |
| FIRETRAIL INVESTMENTS PTY LTD 2.87% of their portfolio | 219.7k $9.6m | Added +18.2k |
| Arvin Capital Management LP 3.81% of their portfolio | 218.5k $9.5m | New |
| EXCHANGE TRADED CONCEPTS, LLC 0.19% of their portfolio | 217.9k $9.5m | Reduced -320 |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 216.5k $9.4m | Reduced -13.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 216.4k $9.4m | Reduced -223.3k |
| CI INVESTMENTS INC. 0.04% of their portfolio | 215.7k $9.4m | Reduced -5.8k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 212.2k $9.2m | Added +194.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 200.5k $8.7m | Reduced -10.4k |
| Davidson Kempner Capital Management LP 0.15% of their portfolio | 200.0k $8.7m | Not comparable |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 193.1k $8.4m | Added +26.2k |
| ALGERT GLOBAL LLC 0.20% of their portfolio | 191.8k $8.3m | Added +87.1k |
| Penn Capital Management Company, LLC 0.81% of their portfolio | 189.4k $8.2m | Reduced -43.2k |
| Eisler Capital Management Ltd. 0.26% of their portfolio | 185.0k $8.0m | First filing |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 184.9k $8.0m | Added +8.5k |
| OMERS ADMINISTRATION Corp 0.07% of their portfolio | 182.9k $8.0m | Unchanged |
| Motley Fool Wealth Management, LLC 0.40% of their portfolio | 178.5k $7.8m | Reduced -11.0k |
| Motley Fool Asset Management LLC 0.40% of their portfolio | 177.7k $7.7m | Added +15.9k |
| Trexquant Investment LP 0.09% of their portfolio | 177.1k $7.7m | New |
| MOORE CAPITAL MANAGEMENT, LP 0.14% of their portfolio | 174.1k $7.6m | Added +54.1k |
| KIRR MARBACH & CO LLC /IN/ 1.47% of their portfolio | 155.7k $6.8m | Added +56.6k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.20% of their portfolio | 155.5k $6.8m | Added +2.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 154.8k $6.7m | Reduced -2.2k |
| California Public Employees Retirement System 0.00% of their portfolio | 142.2k $6.2m | Reduced -51.8k |
| Driehaus Capital Management LLC 0.05% of their portfolio | 141.3k $6.1m | Added +26.1k |
| WASHINGTON TRUST Co 0.21% of their portfolio | 137.7k $6.0m | Reduced -50.5k |
| Foster Victor Wealth Advisors, LLC 0.46% of their portfolio | 136.9k $6.0m | Added +27.4k |
| Lagoda Investment Management, L.P. 3.21% of their portfolio | 136.3k $5.9m | Added +1.8k |
| Corebridge Financial, Inc. 0.03% of their portfolio | 135.2k $5.9m | Reduced -6.1k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.03% of their portfolio | 131.5k $5.7m | Reduced -179.5k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 118.2k $5.1m | Reduced -73.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 111.6k $4.9m | Reduced -2.0k |
| Advisors Capital Management, LLC 0.08% of their portfolio | 111.1k $4.8m | Reduced -7.4k |
| Carnegie Investment Counsel 0.14% of their portfolio | 110.8k $4.8m | Reduced -61.7k |