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 ($17.4m this quarter). Holder counts are more reliable. Shares outstanding: 114.4m as of 2025-05-06, 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 ≈ $39.07. Options: 20 managers hold calls ($53.0m notional), 18 hold puts ($53.7m).
Trends to Q1 2025
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 |
| Q1 2025 | 427 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 206 | 246 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $20.4m | $23.7m | 1.16 |
| Q3 2024 | $58.1m | $71.3m | 1.23 |
| Q4 2024 | $99.9m | $114.4m | 1.15 |
| Q1 2025 | $53.0m | $53.7m | 1.01 |
Biggest buyers
| ALLIANCEBERNSTEIN L.P. | Added | +2.4m |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC | Added | +2.2m |
| COOPER CREEK PARTNERS MANAGEMENT LLC | New | +1.4m |
| Engaged Capital LLC | New | +912.0k |
| Orbis Allan Gray Ltd | Added | +818.4k |
| DIMENSIONAL FUND ADVISORS LP | Added | +810.3k |
| River Road Asset Management, LLC | Added | +806.3k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Added | +724.5k |
| FMR LLC | Added | +716.3k |
| NorthCoast Asset Management LLC | Added | +708.7k |
Biggest sellers
| EMINENCE CAPITAL, LP | Sold out | -1.2m |
| AMERICAN CENTURY COMPANIES INC | Sold out | -884.6k |
| Alyeska Investment Group, L.P. | Reduced | -869.5k |
| MORGAN STANLEY | Reduced | -741.4k |
| NORGES BANK | Reduced | -728.3k |
| GROUP ONE TRADING LLC | Reduced | -727.9k |
| FEDERATED HERMES, INC. | Reduced | -577.8k |
| LMR Partners LLP | Sold out | -550.0k |
| J. Goldman & Co LP | Sold out | -530.6k |
| Praesidium Investment Management Company, LLC | Sold out | -426.2k |
Biggest calls
| Arvin Capital Management LP | New | $17.4m446.4k shares |
| CITADEL ADVISORS LLC | Reduced | $5.1m130.7k shares |
| GROUP ONE TRADING LLC | Added | $4.5m114.4k shares |
| IMC-Chicago, LLC | Added | $3.2m81.0k shares |
| PEAK6 LLC | Added | $2.9m75.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.8m72.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.8m70.5k shares |
| Cubist Systematic Strategies, LLC | Added | $2.5m63.2k shares |
| WOLVERINE TRADING, LLC | Reduced | $2.1m52.4k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $1.9m48.8k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $17.0m435.4k shares |
| SIMPLEX TRADING, LLC | Added | $5.6m143.2k shares |
| GROUP ONE TRADING LLC | Reduced | $5.1m131.2k shares |
| Caption Management, LLC | New | $4.9m125.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $4.4m112.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.8m96.2k shares |
| Cubist Systematic Strategies, LLC | Added | $3.6m91.4k shares |
| IMC-Chicago, LLC | Added | $1.8m45.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.6m41.7k shares |
| Walleye Trading LLC | Reduced | $1.4m36.8k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| Orbis Allan Gray Ltd 3.01% of their portfolio | 13.5m $526.5m | Added +818.4k |
| VANGUARD GROUP INC 0.01% of their portfolio | 11.4m $444.4m | Added +37.9k |
| BlackRock, Inc. 0.01% of their portfolio | 11.2m $439.2m | Added +218.2k |
| Clearbridge Investments, LLC 0.17% of their portfolio | 4.9m $192.7m | Added +702.9k |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 8.63% of their portfolio | 4.3m $166.2m | Added +2.2m |
| STATE STREET CORP 0.01% of their portfolio | 3.8m $148.8m | Added +20.3k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 3.6m $141.0m | Added +810.3k |
| NorthCoast Asset Management LLC 0.65% of their portfolio | 3.3m $130.1m | Added +708.7k |
| NEUBERGER BERMAN GROUP LLC 0.11% of their portfolio | 3.3m $129.4m | Reduced -196.8k |
| Perpetual Ltd 1.43% of their portfolio | 3.0m $118.6m | Reduced -109.1k |
| FMR LLC 0.01% of their portfolio | 2.8m $110.0m | Added +716.3k |
| River Road Asset Management, LLC 1.50% of their portfolio | 2.8m $110.0m | Added +806.3k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 2.5m $98.1m | Added +2.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.1m $80.8m | Added +96.2k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.71% of their portfolio | 1.8m $71.1m | Added +724.5k |
| MORGAN STANLEY 0.00% of their portfolio | 1.6m $63.9m | Reduced -741.4k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 1.71% of their portfolio | 1.4m $52.8m | New |
| AXA S.A. 0.15% of their portfolio | 1.2m $46.8m | Reduced -96.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $46.7m | Reduced -1.5k |
| BROWN BROTHERS HARRIMAN & CO 0.33% of their portfolio | 1.2m $46.7m | Added +187.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.0m $40.0m | Added +19.2k |
| UBS Group AG 0.01% of their portfolio | 1.0m $39.2m | Added +189.5k |
| 683 Capital Management, LLC 3.77% of their portfolio | 950.0k $37.1m | Added +300.0k |
| Engaged Capital LLC 9.09% of their portfolio | 912.0k $35.6m | New |
| SUMMITRY LLC 1.71% of their portfolio | 867.6k $33.9m | Added +207.8k |
| FIL Ltd 0.03% of their portfolio | 832.9k $32.5m | Added +494.3k |
| Global Alpha Capital Management Ltd. 2.32% of their portfolio | 816.4k $31.9m | Added +59.3k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 814.1k $31.8m | Reduced -47.0k |
| Harel Insurance Investments & Financial Services Ltd. 0.41% of their portfolio | 809.8k $31.6m | Added +361.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 762.4k $29.8m | Added +4.1k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 741.2k $29.0m | Added +344.6k |
| REINHART PARTNERS, LLC. 1.03% of their portfolio | 726.0k $28.4m | Added +125.9k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.25% of their portfolio | 694.8k $27.2m | Added +222.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 573.5k $22.4m | Added +357.1k |
| NORGES BANK 0.00% of their portfolio | 542.2k $21.2m | Reduced -728.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 525.1k $20.5m | Added +44.6k |
| Nuveen, LLC 0.01% of their portfolio | 500.6k $19.6m | First filing |
| Douglas Lane & Associates, LLC 0.28% of their portfolio | 489.4k $19.1m | Added +8.9k |
| Legal & General Group Plc 0.00% of their portfolio | 438.1k $17.1m | Added +57.9k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 433.2k $16.9m | Reduced -98.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 432.1k $16.9m | Reduced -65.3k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 429.2k $16.8m | Added +170.4k |
| Jain Global LLC 0.34% of their portfolio | 421.5k $16.5m | Added +192.6k |
| Invesco Ltd. 0.00% of their portfolio | 409.0k $16.0m | Added +3.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 393.7k $15.4m | Reduced -129.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 377.2k $14.7m | Added +8.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 348.7k $13.6m | Reduced -8.2k |
| First Eagle Investment Management, LLC 0.03% of their portfolio | 346.2k $13.5m | Added +11.6k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 324.1k $12.7m | Reduced -5.7k |
| Aristotle Capital Boston, LLC 0.63% of their portfolio | 323.8k $12.7m | Reduced -74.0k |
| Retirement Systems of Alabama 0.05% of their portfolio | 323.3k $12.6m | Reduced -3.9k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 322.3k $12.6m | Added +110.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 297.5k $11.6m | Reduced -7.5k |
| Rathbones Group PLC 0.06% of their portfolio | 294.9k $11.5m | Reduced -234 |
| EXCHANGE TRADED CONCEPTS, LLC 0.20% of their portfolio | 279.9k $10.9m | Added +62.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 274.8k $10.7m | Added +831 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.18% of their portfolio | 273.5k $10.7m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 273.1k $10.7m | Reduced -134.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 256.4k $10.0m | Reduced -32.9k |
| Trexquant Investment LP 0.11% of their portfolio | 240.6k $9.4m | Added +63.5k |
| Swiss National Bank 0.01% of their portfolio | 231.4k $9.0m | Reduced -3.5k |
| CITIGROUP INC 0.01% of their portfolio | 228.2k $8.9m | Added +167.6k |
| FIRETRAIL INVESTMENTS PTY LTD 2.62% of their portfolio | 228.1k $9.0m | Added +8.4k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 215.0k $8.4m | Reduced -1.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 210.1k $8.2m | Added +17.1k |
| TUDOR INVESTMENT CORP ET AL 0.07% of their portfolio | 208.5k $8.1m | Reduced -26.6k |
| Alyeska Investment Group, L.P. 0.03% of their portfolio | 200.0k $7.8m | Reduced -869.5k |
| CI INVESTMENTS INC. 0.03% of their portfolio | 180.7k $7.1m | Reduced -35.0k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 179.8k $7.0m | New |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 177.0k $6.9m | Reduced -7.9k |
| Motley Fool Wealth Management, LLC 0.39% of their portfolio | 168.8k $6.6m | Reduced -9.7k |
| Pekin Hardy Strauss, Inc. 0.77% of their portfolio | 162.7k $6.4m | Added +134.6k |
| Foster Victor Wealth Advisors, LLC 0.44% of their portfolio | 160.8k $5.5m | Added +23.9k |
| KIRR MARBACH & CO LLC /IN/ 1.45% of their portfolio | 159.6k $6.2m | Added +3.9k |
| Boston Common Asset Management, LLC 0.18% of their portfolio | 150.0k $5.9m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 144.3k $5.6m | Added +57.8k |
| Eisler Capital Management Ltd. 0.17% of their portfolio | 143.3k $5.6m | Reduced -41.7k |
| WINTON GROUP Ltd 0.34% of their portfolio | 143.1k $5.6m | New |
| Driehaus Capital Management LLC 0.05% of their portfolio | 141.3k $5.5m | Unchanged |
| Lagoda Investment Management, L.P. 3.49% of their portfolio | 140.1k $5.5m | Added +3.8k |
| California Public Employees Retirement System 0.00% of their portfolio | 139.6k $5.5m | Reduced -2.6k |
| OMERS ADMINISTRATION Corp 0.05% of their portfolio | 138.6k $5.4m | Reduced -44.4k |
| WASHINGTON TRUST Co 0.21% of their portfolio | 138.2k $5.4m | Added +563 |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 135.8k $5.3m | Added +25.3k |
| Motley Fool Asset Management LLC 0.30% of their portfolio | 135.5k $5.3m | Reduced -42.2k |
| Clearline Capital LP 0.52% of their portfolio | 132.8k $5.2m | Reduced -101.5k |
| Corebridge Financial, Inc. 0.03% of their portfolio | 132.0k $5.2m | Reduced -3.2k |
| Advisors Capital Management, LLC 0.08% of their portfolio | 130.2k $5.1m | Added +19.2k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 120.9k $4.7m | Added +22.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 110.4k $4.3m | Reduced -1.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 109.5k $4.3m | Unchanged |
| Caption Management, LLC 0.19% of their portfolio | 108.1k $4.2m | Added +100.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 107.2k $4.2m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 102.0k $4.0m | Unchanged |
| Stanley-Laman Group, Ltd. 0.61% of their portfolio | 100.8k $3.9m | Added +42.2k |
| CIBC WORLD MARKETS CORP 0.03% of their portfolio | 100.0k $3.9m | Unchanged |
| READYSTATE ASSET MANAGEMENT LP 0.20% of their portfolio | 100.0k $3.9m | New |
| Gilman Hill Asset Management, LLC 0.67% of their portfolio | 98.2k $3.8m | Added +11.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 97.5k $3.8m | Reduced -543 |
| Walleye Capital LLC 0.04% of their portfolio | 95.6k $3.7m | Reduced -208.9k |