QXO INC QXO
COM NEW · Common Stock · CUSIP 82846H405 · ISIN US82846H4056
- SectorIndustrials
- IndustryWholesale-Lumber & Other Construction Materials
- HeadquartersGreenwich, CT
- FilingsSEC EDGAR
* 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. Holder counts are more reliable. Shares outstanding: 409.4m as of 2024-11-06, 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 ≈ $15.77. Options: 7 managers hold calls ($6.4m notional), 6 hold puts ($11.2m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2024 | 20 |
| Q3 2024 | 131 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $0 | $0 | — |
| Q1 2024 | $0 | $0 | — |
| Q2 2024 | $0 | $0 | — |
| Q3 2024 | $6.4m | $11.2m | 1.74 |
Biggest buyers
| Orbis Allan Gray Ltd | New | +109.4m |
| MFN Partners Management, LP | New | +53.9m |
| Finepoint Capital LP | New | +25.8m |
| MADRONE ADVISORS, LLC | New | +10.9m |
| T. Rowe Price Investment Management, Inc. | New | +10.6m |
| VANGUARD GROUP INC | Added | +8.0m |
| Patient Capital Management, LLC | New | +7.7m |
| Consulta Ltd | New | +6.6m |
| Cercano Management LLC | New | +6.6m |
| SOFTBANK GROUP CORP. | New | +5.5m |
Biggest sellers
| CITADEL ADVISORS LLC | Reduced | -7.1m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.8m |
| Tower Research Capital LLC (TRC) | Reduced | -243 |
| LRI Investments, LLC | Sold out | -140 |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $3.7m233.5k shares |
| GROUP ONE TRADING LLC | New | $886.3k56.2k shares |
| JANE STREET GROUP, LLC | New | $772.7k49.0k shares |
| CITADEL ADVISORS LLC | New | $738.0k46.8k shares |
| SIMPLEX TRADING, LLC | New | $321.0k20.4k shares |
| FNY Investment Advisers, LLC | New | $1.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | New | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $5.0m317.9k shares |
| CITADEL ADVISORS LLC | New | $2.6m161.8k shares |
| GROUP ONE TRADING LLC | New | $2.5m159.1k shares |
| JANE STREET GROUP, LLC | New | $581.9k36.9k shares |
| SIMPLEX TRADING, LLC | New | $510.0k32.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | New | $00 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 |
|---|---|
Jacobs Private Equity II, LLC
13D · may seek influence
-13.1 pts · filed 2026-04-20
Stated purposeItem 4 is hereby amended and supplemented to include the following: On April 18, 2026, the Company, Titanium MergerCo, Inc., ("Titanium Merger Sub"), Titanium MergerCo 2, LLC. ("Forward Merger Sub") and TopBuild Corp. ("TopBuild") entered into an Agreement and Plan of Merger (the "Merger Agreement"), pursuant to which at closing, (i) Titanium Merger Sub will be merged with and into TopBuild, the separate corporate existence of Titanium Merger Sub will thereupon cease and TopBuild shall continue as the surviving corporation and a wholly owned subsidiary of the Company (the "Titanium Merger") and (ii) immediately following the Titanium Merger, TopBuild will be merged with and into Forward Merger Sub, the separate corporate existence of TopBuild will thereupon cease and Forward Merger Sub sh… Full filing |
35.9% |
| ORBIS INVESTMENT MANAGEMENT LTD 13G · institution no change · filed 2026-08-14 | 10.2% |
| MORGAN STANLEY 13G · institution +2.4 pts · filed 2026-02-12 | 8.6% |
| Invesco Ltd. 13G · institution +1.7 pts · filed 2026-08-13 | 6.7% |
Fell to 5% or below in the last year: BlackRock, Inc. (4.1%, 2026-10-27), BAILLIE GIFFORD & CO (4.5%, 2026-10-21), VANGUARD GROUP INC (0.0%, 2026-03-27), MFN Partners, LP (4.5%, 2026-02-13)
Insider purchases and sales in Q3 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 |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 4 | $371.5k | — |
| Q1 2024 | 0 | — | 3 | $1.6m | — |
| Q2 2024 | 0 | — | 1 | $2.2m | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-08-26 | NANJI FARHAD +5 10% owner | Sold | $12.0m795.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| Orbis Allan Gray Ltd 9.14% of their portfolio | 109.4m $1.7bn | New |
| MFN Partners Management, LP 16.76% of their portfolio | 53.9m $850.1m | New |
| Finepoint Capital LP 49.38% of their portfolio | 25.8m $406.1m | New |
| MADRONE ADVISORS, LLC 27.55% of their portfolio | 10.9m $172.5m | New |
| T. Rowe Price Investment Management, Inc. 0.10% of their portfolio | 10.6m $166.8m | New |
| VANGUARD GROUP INC 0.00% of their portfolio | 8.1m $127.1m | Added +8.0m |
| Patient Capital Management, LLC 5.99% of their portfolio | 7.7m $122.1m | New |
| Consulta Ltd 6.43% of their portfolio | 6.6m $104.1m | New |
| Cercano Management LLC 2.48% of their portfolio | 6.6m $103.5m | New |
| SOFTBANK GROUP CORP. 0.39% of their portfolio | 5.5m $86.3m | New |
| MORGAN STANLEY 0.01% of their portfolio | 5.3m $83.3m | Added +5.3m |
| Liberty Mutual Group Asset Management Inc. 9.80% of their portfolio | 4.1m $64.7m | New |
| BlackRock, Inc. 0.00% of their portfolio | 4.0m $62.5m | First filing |
| Hood River Capital Management LLC 0.99% of their portfolio | 3.9m $61.5m | New |
| Balyasny Asset Management L.P. 0.12% of their portfolio | 3.0m $47.1m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.9m $45.0m | Added +2.8m |
| One Fin Capital Management LP 16.29% of their portfolio | 2.7m $43.1m | New |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 2.7m $42.6m | New |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 2.2m $34.5m | Reduced -7.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 2.1m $32.6m | New |
| Price Jennifer C. 28.81% of their portfolio | 1.6m $25.9m | New |
| Alyeska Investment Group, L.P. 0.13% of their portfolio | 1.6m $24.6m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.5m $24.1m | New |
| SCOPUS ASSET MANAGEMENT, L.P. 0.71% of their portfolio | 1.5m $23.9m | New |
| Ophir Asset Management Pty Ltd 3.11% of their portfolio | 1.3m $20.2m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 1.2m $19.3m | Added +1.2m |
| Tsai Capital Corp 15.38% of their portfolio | 1.2m $18.9m | New |
| STATE STREET CORP 0.00% of their portfolio | 1.0m $16.2m | New |
| Driehaus Capital Management LLC 0.12% of their portfolio | 910.3k $14.4m | New |
| Granahan Investment Management, LLC 0.41% of their portfolio | 658.3k $10.4m | New |
| Barrier Capital Management, LLC 9.26% of their portfolio | 632.8k $10.0m | New |
| Advisors Capital Management, LLC 0.14% of their portfolio | 545.1k $8.6m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 498.1k $7.9m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 414.9k $6.5m | Reduced -1.8m |
| UBS Group AG 0.00% of their portfolio | 383.5k $6.0m | Added +383.3k |
| TD Asset Management Inc 0.00% of their portfolio | 319.4k $5.0m | New |
| GENDELL JEFFREY L 0.14% of their portfolio | 292.6k $4.6m | Added +254.3k |
| MOORE CAPITAL MANAGEMENT, LP 0.13% of their portfolio | 285.3k $4.5m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 281.4k $4.4m | New |
| Saraza Management, LP 1.23% of their portfolio | 270.0k $4.3m | New |
| Amundi 0.00% of their portfolio | 205.8k $3.0m | New |
| GROUP ONE TRADING LLC 0.12% of their portfolio | 192.8k $3.0m | New |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 184.6k $2.9m | New |
| Archon Partners LLC 0.31% of their portfolio | 170.2k $2.7m | New |
| Arizona PSPRS Trust 0.08% of their portfolio | 133.1k $2.1m | New |
| Summit Trail Advisors, LLC 0.04% of their portfolio | 114.5k $1.8m | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 113.8k $1.8m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 109.4k $1.7m | New |
| Waratah Capital Advisors Ltd. 0.09% of their portfolio | 109.4k $1.6m | New |
| Concentric Capital Strategies, LP 0.11% of their portfolio | 107.4k $1.7m | New |
| Squarepoint Ops LLC 0.01% of their portfolio | 106.6k $1.7m | New |
| Hauser Brothers GmbH 1.21% of their portfolio | 100.0k $1.6m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 96.5k $1.5m | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 94.4k $1.5m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 91.8k $1.4m | New |
| Hudson Bay Capital Management LP 0.01% of their portfolio | 90.0k $1.4m | New |
| Lighthouse Investment Partners, LLC 0.07% of their portfolio | 80.0k $1.3m | New |
| Wellington Shields Capital Management, LLC 0.20% of their portfolio | 74.4k $1.2m | New |
| Wellington Shields & Co., LLC 0.35% of their portfolio | 73.5k $1.2m | New |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 71.6k $1.1m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 68.0k $1.1m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 63.0k $994.0k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 61.6k $971.8k | New |
| Orion Porfolio Solutions, LLC 0.01% of their portfolio | 61.1k $963.2k | New |
| Orion Portfolio Solutions, LLC 0.01% of their portfolio | 61.1k $963.2k | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 59.2k $933.7k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 57.3k $904.3k | New |
| LPL Financial LLC 0.00% of their portfolio | 57.1k $901.1k | New |
| Meridian Wealth Management, LLC 0.04% of their portfolio | 53.3k $840.9k | New |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 53.2k $838.4k | New |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 50.6k $798.7k | New |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio | 50.1k $790.8k | New |
| MOODY NATIONAL BANK TRUST DIVISION 0.08% of their portfolio | 45.2k $713.6k | New |
| CITIGROUP INC 0.00% of their portfolio | 43.4k $684.1k | New |
| LUMINUS MANAGEMENT LLC 0.38% of their portfolio | 43.0k $678.1k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 40.7k $641.1k | New |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.06% of their portfolio | 39.5k $622.4k | New |
| Claro Advisors Inc. 0.08% of their portfolio | 38.8k $611.6k | New |
| FNY Investment Advisers, LLC 0.29% of their portfolio | 38.2k $602.0k | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 36.0k $567.9k | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 30.4k $478.7k | New |
| Empirical Capital Management, LLC 0.33% of their portfolio | 30.0k $473.0k | New |
| Jade Capital Advisors, LLC 0.31% of their portfolio | 30.0k $473.1k | New |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 28.0k $441.7k | New |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 25.4k $400.2k | New |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 25.1k $395.0k | New |
| Virtu Financial LLC 0.02% of their portfolio | 24.9k $392.0k | New |
| Nebula Research & Development LLC 0.04% of their portfolio | 23.8k $375.9k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 22.6k $356.6k | Added +22.6k |
| Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio | 20.6k $325.6k | New |
| Douglass Winthrop Advisors, LLC 0.01% of their portfolio | 20.0k $315.4k | New |
| JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio | 19.0k $299.6k | New |
| Canton Hathaway, LLC 0.07% of their portfolio | 18.2k $287.0k | New |
| TOWNSQUARE CAPITAL LLC 0.00% of their portfolio | 17.5k $275.7k | New |
| Willis Investment Counsel 0.02% of their portfolio | 15.0k $236.6k | New |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 14.7k $232.5k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 13.8k $218.4k | Added +13.8k |
| FOX RUN MANAGEMENT, L.L.C. 0.05% of their portfolio | 13.8k $217.3k | New |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 13.1k $206.2k | New |
| Verdence Capital Advisors LLC 0.02% of their portfolio | 12.9k $202.8k | New |