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 2025-02-25, 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 ≈ $13.37. Options: 10 managers hold calls ($16.2m notional), 10 hold puts ($10.9m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2024 | 20 |
| Q3 2024 | 131 |
| Q4 2024 | 182 |
| Q1 2025 | 223 |
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 2024 | 124 | 4 |
| Q4 2024 | 117 | 52 |
| Q1 2025 | 147 | 65 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $0 | $0 | — |
| Q3 2024 | $6.4m | $11.2m | 1.74 |
| Q4 2024 | $11.6m | $11.4m | 0.99 |
| Q1 2025 | $16.2m | $10.9m | 0.67 |
Biggest buyers
| VANGUARD GROUP INC | Added | +14.7m |
| MORGAN STANLEY | Added | +2.0m |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC | New | +813.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +753.5k |
| Contrarius Group Holdings Ltd | New | +592.4k |
| Catawba River Capital | New | +490.1k |
| Pacer Advisors, Inc. | New | +482.5k |
| Aureus Asset Management, LLC | New | +409.2k |
| BlackRock, Inc. | Added | +320.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +294.0k |
Biggest sellers
| Hood River Capital Management LLC | Sold out | -3.1m |
| T. Rowe Price Investment Management, Inc. | Reduced | -1.7m |
| One Fin Capital Management LP | Sold out | -1.4m |
| CITADEL ADVISORS LLC | Sold out | -899.3k |
| Ophir Asset Management Pty Ltd | Reduced | -785.0k |
| Driehaus Capital Management LLC | Reduced | -657.5k |
| JPMORGAN CHASE & CO | Reduced | -587.5k |
| Point72 Asset Management, L.P. | Sold out | -571.5k |
| Finepoint Capital LP | Reduced | -465.7k |
| Patient Capital Management, LLC | Reduced | -448.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.7m346.6k shares |
| GROUP ONE TRADING LLC | Added | $4.3m320.3k shares |
| JANE STREET GROUP, LLC | Reduced | $2.2m163.2k shares |
| CITADEL ADVISORS LLC | Added | $1.3m93.7k shares |
| SIMPLEX TRADING, LLC | Added | $1.2m90.8k shares |
| PEAK6 LLC | New | $677.0k50.0k shares |
| WOLVERINE TRADING, LLC | New | $613.7k44.6k shares |
| Walleye Trading LLC | New | $594.4k43.9k shares |
| IMC-Chicago, LLC | Added | $571.4k42.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| JANE STREET GROUP, LLC | New | $2.3m169.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.2m164.6k shares |
| CITADEL ADVISORS LLC | Reduced | $1.7m125.5k shares |
| GROUP ONE TRADING LLC | Reduced | $1.5m110.0k shares |
| SIMPLEX TRADING, LLC | Added | $1.2m85.1k shares |
| GOLDMAN SACHS GROUP INC | Added | $907.2k67.0k shares |
| IMC-Chicago, LLC | New | $597.1k44.1k shares |
| WOLVERINE TRADING, LLC | Added | $386.7k28.1k shares |
| Walleye Trading LLC | New | $102.9k7.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $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 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 | — | 4 | $371.5k | — |
| Q1 2024 | 0 | — | 3 | $1.6m | — |
| Q2 2024 | 0 | — | 1 | $2.2m | — |
| 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 8.47% of their portfolio | 109.4m $1.5bn | Unchanged |
| MFN Partners Management, LP 14.93% of their portfolio | 46.9m $635.1m | Unchanged |
| VANGUARD GROUP INC 0.01% of their portfolio | 24.7m $334.5m | Added +14.7m |
| Finepoint Capital LP 55.89% of their portfolio | 24.5m $331.3m | Reduced -465.7k |
| Affinity Partners GP LP 100.00% of their portfolio | 16.4m $222.2m | Unchanged |
| MORGAN STANLEY 0.01% of their portfolio | 13.9m $188.3m | Added +2.0m |
| MADRONE ADVISORS, LLC 24.81% of their portfolio | 10.9m $148.1m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 9.9m $134.5m | Added +320.8k |
| T. Rowe Price Investment Management, Inc. 0.08% of their portfolio | 9.2m $124.7m | Reduced -1.7m |
| Blue Investment Opportunities, LLC - Project Breeze Series 1 100.00% of their portfolio | 8.7m $118.1m | First filing |
| Patient Capital Management, LLC 5.07% of their portfolio | 7.3m $98.6m | Reduced -448.2k |
| Cercano Management LLC 2.61% of their portfolio | 6.6m $88.9m | Unchanged |
| SOFTBANK GROUP CORP. 0.25% of their portfolio | 5.5m $74.1m | Unchanged |
| HRTG GPE, LLC 0.02% of their portfolio | 4.4m $59.3k | First filing |
| Liberty Mutual Group Asset Management Inc. 18.37% of their portfolio | 4.1m $55.3m | Unchanged |
| Consulta Ltd 3.66% of their portfolio | 4.0m $54.2m | Unchanged |
| FEDERATED HERMES, INC. 0.09% of their portfolio | 3.2m $43.0m | Unchanged |
| Allspring Global Investments Holdings, LLC 0.06% of their portfolio | 2.7m $36.4m | Added +5.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.6m $35.1m | Reduced -246.3k |
| STATE STREET CORP 0.00% of their portfolio | 2.1m $27.9m | Added +233.6k |
| UBS Group AG 0.01% of their portfolio | 1.9m $26.3m | Added +256.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 1.9m $25.5m | Added +8.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.5m $20.4m | Reduced -38.0k |
| Barrier Capital Management, LLC 17.40% of their portfolio | 1.3m $18.1m | Added +106.1k |
| Tsai Capital Corp 13.92% of their portfolio | 1.2m $16.9m | Reduced -25.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 1.1m $15.0m | Added +174.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 944.5k $12.8m | Added +753.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 829.5k $11.2m | Added +97.9k |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 0.57% of their portfolio | 813.0k $11.0m | New |
| Amundi 0.00% of their portfolio | 715.1k $9.9m | Added +149.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 697.9k $9.4m | Added +81.8k |
| Swiss National Bank 0.01% of their portfolio | 674.3k $9.1m | Reduced -10.2k |
| Advisors Capital Management, LLC 0.14% of their portfolio | 646.6k $8.8m | Added +102.9k |
| Granahan Investment Management, LLC 0.42% of their portfolio | 623.0k $8.4m | Reduced -28.0k |
| Contrarius Group Holdings Ltd 0.55% of their portfolio | 592.4k $8.0m | New |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 556.6k $7.5m | Unchanged |
| Motley Fool Wealth Management, LLC 0.40% of their portfolio | 499.8k $6.8m | Reduced -33.0k |
| Catawba River Capital 4.04% of their portfolio | 490.1k $6.6m | New |
| Pacer Advisors, Inc. 0.02% of their portfolio | 482.5k $6.5m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 456.7k $6.2m | Added +6.3k |
| GROUP ONE TRADING LLC 0.24% of their portfolio | 433.1k $5.9m | Added +283.8k |
| Archon Partners LLC 0.71% of their portfolio | 430.0k $5.8m | Added +116.0k |
| Aureus Asset Management, LLC 0.39% of their portfolio | 409.2k $5.5m | New |
| Motley Fool Asset Management LLC 0.31% of their portfolio | 402.3k $5.4m | Reduced -14.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 387.4k $5.2m | Added +124.3k |
| Gainplan LLC 3.41% of their portfolio | 386.2k $5.2m | Added +195.0k |
| Legal & General Group Plc 0.00% of their portfolio | 352.4k $4.8m | Added +52.8k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 322.1k $4.4m | Added +20.1k |
| TD Asset Management Inc 0.00% of their portfolio | 308.4k $4.2m | Reduced -50.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 300.0k $4.1m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 294.0k $4.0m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 290.4k $3.9m | Reduced -587.5k |
| Settian Capital LP 2.70% of their portfolio | 256.6k $3.5m | Added +126.6k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 230.3k $3.1m | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 227.2k $3.1m | Added +50.1k |
| Squarepoint Ops LLC 0.01% of their portfolio | 194.0k $2.6m | Reduced -97.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 192.7k $2.6m | Added +53.9k |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 180.4k $2.4m | New |
| Summit Trail Advisors, LLC 0.08% of their portfolio | 176.3k $2.4m | Added +60.4k |
| LPL Financial LLC 0.00% of their portfolio | 175.6k $2.4m | Added +139.4k |
| CAPITAL FUND MANAGEMENT S.A. 0.03% of their portfolio | 173.2k $2.3m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 170.4k $2.3m | Reduced -115.2k |
| Orion Portfolio Solutions, LLC 0.01% of their portfolio | 160.5k $2.3m | Added +103.0k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 157.7k $2.1m | Added +25.6k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 157.6k $2.2m | Unchanged |
| Canton Hathaway, LLC 0.38% of their portfolio | 137.3k $1.9m | Reduced -3.1k |
| SIMPLEX TRADING, LLC 0.06% of their portfolio | 134.6k $1.8m | Added +52.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 122.8k $1.7m | Added +45.1k |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 122.0k $1.7m | Added +56.0k |
| INVESTMENT HOUSE LLC 0.09% of their portfolio | 120.8k $1.6m | Added +76.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 119.7k $1.6m | Added +48.2k |
| BARCLAYS PLC 0.00% of their portfolio | 116.7k $1.6m | Added +43.2k |
| IMC-Chicago, LLC 0.06% of their portfolio | 114.1k $1.5m | Added +100.4k |
| Hauser Brothers GmbH 1.46% of their portfolio | 113.0k $1.5m | Reduced -137.0k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 109.8k $1.5m | Added +23.9k |
| Waratah Capital Advisors Ltd. 0.10% of their portfolio | 109.4k $1.5m | Unchanged |
| Man Group plc 0.00% of their portfolio | 108.2k $1.5m | Reduced -53.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 105.4k $1.4m | Added +14.2k |
| HighVista Strategies LLC 0.54% of their portfolio | 103.5k $1.4m | Added +11.1k |
| Orion Porfolio Solutions, LLC 0.01% of their portfolio | 103.0k $1.4m | Added +45.5k |
| CI INVESTMENTS INC. 0.01% of their portfolio | 102.4k $1.4m | Added +101.2k |
| Wellington Shields Capital Management, LLC 0.25% of their portfolio | 102.4k $1.4m | Reduced -4.8k |
| Quadrature Capital Ltd 0.03% of their portfolio | 101.2k $1.4m | Added +78.4k |
| ARIZONA STATE RETIREMENT SYSTEM 0.01% of their portfolio | 99.8k $1.4m | Reduced -1.2k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 95.9k $1.3m | Reduced -239.6k |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 92.7k $1.3m | Added +7.8k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 87.0k $1.2m | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 86.4k $1.2m | New |
| OPPENHEIMER & CO INC 0.02% of their portfolio | 85.2k $1.2m | Added +18.4k |
| CORRADO ADVISORS, LLC 0.77% of their portfolio | 84.9k $1.1m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 83.8k $1.1m | Reduced -8.0k |
| Wellington Shields & Co., LLC 0.35% of their portfolio | 82.2k $1.1m | Added +7.2k |
| Meridian Wealth Management, LLC 0.05% of their portfolio | 78.6k $1.1m | Added +7.8k |
| TIG Advisors, LLC 0.07% of their portfolio | 77.6k $1.1m | New |
| Burkehill Global Management, LP 0.08% of their portfolio | 75.0k $1.0m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 73.5k $994.6k | Added +33.0k |
| Hudson Bay Capital Management LP 0.01% of their portfolio | 73.2k $991.7k | Reduced -27.5k |
| Catalyst Funds Management Pty Ltd 0.26% of their portfolio | 72.2k $977.6k | New |
| OMERS ADMINISTRATION Corp 0.01% of their portfolio | 66.6k $901.8k | Added +27.3k |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 66.1k $895.0k | Reduced -4.4k |