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 ($17.1m this quarter). Holder counts are more reliable. Shares outstanding: 114.5m as of 2025-08-04, 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 ≈ $48.70. Options: 21 managers hold calls ($112.2m notional), 19 hold puts ($58.8m).
Trends to Q2 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 |
| Q2 2025 | 450 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 200 | 230 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $58.1m | $71.3m | 1.23 |
| Q4 2024 | $99.9m | $114.4m | 1.15 |
| Q1 2025 | $53.0m | $53.7m | 1.01 |
| Q2 2025 | $112.2m | $58.8m | 0.52 |
Biggest buyers
| Parsifal Capital Management, LP | New | +835.5k |
| ROYAL BANK OF CANADA | Added | +597.2k |
| FMR LLC | Added | +544.3k |
| DIMENSIONAL FUND ADVISORS LP | Added | +476.4k |
| Global Alpha Capital Management Ltd. | Added | +348.3k |
| Arvin Capital Management LP | New | +303.6k |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | +268.3k |
| BROWN BROTHERS HARRIMAN & CO | Added | +250.0k |
| ALLIANCEBERNSTEIN L.P. | Added | +225.6k |
| Penn Capital Management Company, LLC | New | +224.1k |
Biggest sellers
| BlackRock, Inc. | Reduced | -985.5k |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC | Reduced | -654.0k |
| VANGUARD GROUP INC | Reduced | -386.9k |
| Balyasny Asset Management L.P. | Reduced | -381.6k |
| Orbis Allan Gray Ltd | Reduced | -299.6k |
| UBS Group AG | Reduced | -258.9k |
| Trexquant Investment LP | Sold out | -240.6k |
| First Eagle Investment Management, LLC | Reduced | -216.8k |
| TUDOR INVESTMENT CORP ET AL | Sold out | -208.5k |
| Alyeska Investment Group, L.P. | Sold out | -200.0k |
Biggest calls
| PEAK6 LLC | Added | $19.3m397.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.5m317.5k shares |
| Caption Management, LLC | Added | $12.8m263.2k shares |
| GROUP ONE TRADING LLC | Added | $11.1m228.1k shares |
| CITADEL ADVISORS LLC | Added | $10.5m215.9k shares |
| Arvin Capital Management LP | Reduced | $8.4m172.0k shares |
| BANK OF AMERICA CORP /DE/ | New | $7.5m155.0k shares |
| SIMPLEX TRADING, LLC | Added | $5.4m111.5k shares |
| IMC-Chicago, LLC | Added | $4.9m101.2k shares |
| Cubist Systematic Strategies, LLC | Added | $4.1m83.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $11.4m234.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.4m151.5k shares |
| Walleye Trading LLC | Added | $6.7m137.5k shares |
| Caption Management, LLC | Unchanged | $6.1m125.0k shares |
| Cubist Systematic Strategies, LLC | Added | $4.8m99.5k shares |
| GROUP ONE TRADING LLC | Reduced | $4.8m97.8k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $4.7m96.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.3m89.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $1.8m36.7k shares |
| IMC-Chicago, LLC | Reduced | $1.7m34.3k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Orbis Allan Gray Ltd 3.12% of their portfolio | 13.2m $641.6m | Reduced -299.6k |
| VANGUARD GROUP INC 0.01% of their portfolio | 11.0m $534.9m | Reduced -386.9k |
| BlackRock, Inc. 0.01% of their portfolio | 10.3m $499.3m | Reduced -985.5k |
| Clearbridge Investments, LLC 0.19% of their portfolio | 4.8m $231.5m | Reduced -176.7k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 4.1m $198.9m | Added +476.4k |
| STATE STREET CORP 0.01% of their portfolio | 3.6m $177.4m | Reduced -164.9k |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 6.47% of their portfolio | 3.6m $175.3m | Reduced -654.0k |
| NorthCoast Asset Management LLC 0.73% of their portfolio | 3.5m $169.9m | Added +158.6k |
| FMR LLC 0.01% of their portfolio | 3.4m $163.6m | Added +544.3k |
| NEUBERGER BERMAN GROUP LLC 0.12% of their portfolio | 3.2m $158.2m | Reduced -62.8k |
| Perpetual Ltd 1.73% of their portfolio | 3.0m $147.7m | Reduced -1.8k |
| River Road Asset Management, LLC 1.87% of their portfolio | 3.0m $147.5m | Added +152.6k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 2.7m $133.3m | Added +225.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.0m $96.8m | Reduced -79.6k |
| MORGAN STANLEY 0.01% of their portfolio | 1.9m $90.4m | Added +220.6k |
| Swedbank AB 0.10% of their portfolio | 1.8m $86.4m | First filing |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.76% of their portfolio | 1.7m $81.5m | Reduced -146.5k |
| COOPER CREEK PARTNERS MANAGEMENT LLC 2.40% of their portfolio | 1.5m $72.0m | Added +127.5k |
| BROWN BROTHERS HARRIMAN & CO 0.45% of their portfolio | 1.4m $70.3m | Added +250.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $57.7m | Reduced -9.6k |
| Global Alpha Capital Management Ltd. 3.54% of their portfolio | 1.2m $56.7m | Added +348.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.0m $48.8m | Reduced -21.5k |
| AXA S.A. 0.14% of their portfolio | 1.0m $48.7m | Reduced -197.0k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.40% of their portfolio | 963.1k $46.9m | Added +268.3k |
| 683 Capital Management, LLC 4.64% of their portfolio | 940.0k $45.8m | Reduced -10.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 902.6k $44.0m | Added +140.1k |
| Engaged Capital LLC 12.22% of their portfolio | 897.0k $43.7m | Reduced -15.0k |
| SUMMITRY LLC 1.97% of their portfolio | 891.4k $43.4m | Added +23.7k |
| Parsifal Capital Management, LP 3.88% of their portfolio | 835.5k $40.7m | New |
| Harel Insurance Investments & Financial Services Ltd. 0.45% of their portfolio | 809.2k $39.4m | Reduced -567 |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 798.4k $38.9m | Added +57.2k |
| FIL Ltd 0.03% of their portfolio | 776.2k $37.8m | Reduced -56.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 761.0k $37.1m | Reduced -53.0k |
| UBS Group AG 0.01% of their portfolio | 744.8k $36.3m | Reduced -258.9k |
| REINHART PARTNERS, LLC. 1.20% of their portfolio | 721.9k $35.2m | Reduced -4.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 660.4k $32.2m | Added +597.2k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 565.7k $27.6m | Added +136.5k |
| NORGES BANK 0.00% of their portfolio | 540.0k $26.3m | Reduced -2.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 531.0k $25.9m | Added +182.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 529.6k $25.8m | Added +4.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 505.1k $24.6m | Added +127.9k |
| Douglas Lane & Associates, LLC 0.34% of their portfolio | 480.3k $23.4m | Reduced -9.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 472.9k $23.0m | Reduced -100.6k |
| Nuveen, LLC 0.01% of their portfolio | 445.3k $21.7m | Reduced -55.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 425.2k $20.7m | Reduced -6.9k |
| Legal & General Group Plc 0.01% of their portfolio | 422.0k $20.6m | Reduced -16.1k |
| Invesco Ltd. 0.00% of their portfolio | 406.5k $19.8m | Reduced -2.5k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 384.7k $18.7m | Added +128.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 376.5k $18.3m | Reduced -17.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 351.9k $17.1m | Added +77.1k |
| Aristotle Capital Boston, LLC 0.85% of their portfolio | 341.6k $16.6m | Added +17.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 329.0k $16.0m | Added +55.9k |
| Eisler Capital Management Ltd. 0.55% of their portfolio | 327.7k $16.0m | Added +184.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 321.6k $15.7m | Added +24.1k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 314.4k $15.3m | Reduced -9.7k |
| Arvin Capital Management LP 4.22% of their portfolio | 303.6k $14.8m | New |
| Rathbones Group PLC 0.06% of their portfolio | 294.8k $14.4m | Reduced -150 |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 289.6k $14.1m | Reduced -32.7k |
| Retirement Systems of Alabama 0.05% of their portfolio | 271.9k $13.2m | Reduced -51.4k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 1.84% of their portfolio | 250.8k $12.2m | Added +175.8k |
| EXCHANGE TRADED CONCEPTS, LLC 0.15% of their portfolio | 239.9k $11.7m | Reduced -40.0k |
| Jain Global LLC 0.17% of their portfolio | 229.8k $11.2m | Reduced -191.7k |
| Swiss National Bank 0.01% of their portfolio | 228.3k $11.1m | Reduced -3.1k |
| FIRETRAIL INVESTMENTS PTY LTD 2.87% of their portfolio | 226.3k $11.0m | Reduced -1.8k |
| Penn Capital Management Company, LLC 0.95% of their portfolio | 224.1k $10.9m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 212.6k $10.4m | Added +136.6k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 189.7k $9.2m | Reduced -20.4k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 180.7k $8.8m | Added +877 |
| Pekin Hardy Strauss, Inc. 0.93% of their portfolio | 167.1k $8.1m | Added +4.3k |
| KIRR MARBACH & CO LLC /IN/ 1.55% of their portfolio | 161.0k $7.8m | Added +1.4k |
| Foster Victor Wealth Advisors, LLC 0.55% of their portfolio | 160.3k $8.1m | Reduced -543 |
| Motley Fool Wealth Management, LLC 0.45% of their portfolio | 152.5k $7.4m | Reduced -16.3k |
| California Public Employees Retirement System 0.00% of their portfolio | 152.2k $7.4m | Added +12.6k |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 150.7k $7.3m | Reduced -64.3k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 147.6k $7.2m | Added +26.7k |
| Y-Intercept (Hong Kong) Ltd 0.17% of their portfolio | 143.7k $7.0m | New |
| Boston Partners 0.00% of their portfolio | 138.8k $3.9m | New |
| Clearline Capital LP 0.59% of their portfolio | 138.5k $6.7m | Added +5.7k |
| Lagoda Investment Management, L.P. 3.80% of their portfolio | 137.6k $6.7m | Reduced -2.6k |
| Tribune Investment Group LP 3.24% of their portfolio | 135.0k $6.6m | New |
| AYAL Capital Advisors Ltd 3.58% of their portfolio | 135.0k $6.6m | New |
| WASHINGTON TRUST Co 0.23% of their portfolio | 133.7k $6.5m | Reduced -4.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 133.2k $6.5m | Reduced -11.1k |
| Verition Fund Management LLC 0.04% of their portfolio | 132.6k $6.5m | Added +68.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 132.1k $6.4m | Added +24.9k |
| Motley Fool Asset Management LLC 0.29% of their portfolio | 130.0k $6.3m | Reduced -5.5k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 129.4k $6.3m | Reduced -216.8k |
| Appian Way Asset Management LP 1.57% of their portfolio | 128.3k $6.2m | New |
| Driehaus Capital Management LLC 0.05% of their portfolio | 127.6k $6.2m | Reduced -13.7k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 126.6k $6.2m | Added +37.6k |
| SEGALL BRYANT & HAMILL, LLC 0.08% of their portfolio | 121.0k $5.9m | New |
| CI INVESTMENTS INC. 0.02% of their portfolio | 116.4k $5.7m | Reduced -64.2k |
| ExodusPoint Capital Management, LP 0.07% of their portfolio | 113.0k $5.5m | Added +106.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 110.7k $5.4m | Added +1.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 110.2k $5.4m | Reduced -174 |
| LUMINUS MANAGEMENT LLC 1.37% of their portfolio | 107.8k $5.2m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 102.0k $5.0m | Unchanged |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.13% of their portfolio | 100.5k $4.9m | Reduced -173.0k |
| Boston Common Asset Management, LLC 0.14% of their portfolio | 100.4k $4.9m | Reduced -49.6k |
| Stanley-Laman Group, Ltd. 0.73% of their portfolio | 100.4k $4.9m | Reduced -397 |