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 ($13.0m this quarter). Holder counts are more reliable. Shares outstanding: 725.2m as of 2026-05-05, 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 ≈ $19.42. Options: 20 managers hold calls ($160.2m notional), 21 hold puts ($105.4m).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2024 | 20 |
| Q3 2024 | 131 |
| Q4 2024 | 182 |
| Q1 2025 | 223 |
| Q2 2025 | 360 |
| Q3 2025 | 475 |
| Q4 2025 | 528 |
| Q1 2026 | 582 |
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 |
| Q2 2025 | 281 | 64 |
| Q3 2025 | 350 | 120 |
| Q4 2025 | 316 | 182 |
| Q1 2026 | 362 | 174 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $137.8m | $105.5m | 0.77 |
| Q3 2025 | $90.7m | $90.2m | 0.99 |
| Q4 2025 | $104.8m | $98.4m | 0.94 |
| Q1 2026 | $160.2m | $105.4m | 0.66 |
Biggest buyers
| UBS Group AG | Added | +10.2m |
| MORGAN STANLEY | Added | +7.5m |
| FRED ALGER MANAGEMENT, LLC | Added | +6.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +4.0m |
| Invesco Ltd. | Added | +3.9m |
| Impax Asset Management Group plc | Added | +3.5m |
| BlackRock, Inc. | Added | +2.2m |
| Blue Whale Capital LLP | New | +1.8m |
| CITADEL ADVISORS LLC | Added | +1.6m |
| FMR LLC | Added | +1.6m |
Biggest sellers
| Orbis Allan Gray Ltd | Reduced | -11.5m |
| Finepoint Capital LP | Reduced | -7.3m |
| MFN Partners Management, LP | Reduced | -6.8m |
| Cercano Management LLC | Reduced | -6.0m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.4m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.2m |
| BAILLIE GIFFORD & CO | Reduced | -1.1m |
| MADRONE ADVISORS, LLC | Reduced | -900.0k |
| Balyasny Asset Management L.P. | Reduced | -878.4k |
| Select Equity Group, L.P. | Reduced | -865.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $45.9m2.4m shares |
| JANE STREET GROUP, LLC | Added | $20.7m1.1m shares |
| CITADEL ADVISORS LLC | Added | $20.0m1.0m shares |
| GROUP ONE TRADING LLC | Added | $19.4m998.7k shares |
| PEAK6 LLC | Added | $11.2m576.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $10.7m549.1k shares |
| IMC-Chicago, LLC | Added | $9.8m503.0k shares |
| Balyasny Asset Management L.P. | Added | $7.8m400.0k shares |
| Point72 Asset Management, L.P. | Added | $7.7m395.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $3.0m153.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $45.4m2.3m shares |
| JANE STREET GROUP, LLC | Added | $17.0m875.9k shares |
| CITADEL ADVISORS LLC | Reduced | $13.3m686.6k shares |
| IMC-Chicago, LLC | Added | $8.0m410.9k shares |
| GROUP ONE TRADING LLC | Reduced | $3.2m166.2k shares |
| PEAK6 LLC | New | $3.0m153.9k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $2.2m1.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $1.9m96.5k shares |
| SIMPLEX TRADING, LLC | Added | $1.8m92.3k shares |
| HRT FINANCIAL LP | Reduced | $1.8m91.1k 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 2026
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 2024 | 0 | — | 1 | $2.2m | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
None reported in Q1 2026.
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.09% of their portfolio | 74.6m $1.4bn | Added +7.5m |
| Orbis Allan Gray Ltd 6.06% of their portfolio | 74.0m $1.4bn | Reduced -11.5m |
| Invesco Ltd. 0.07% of their portfolio | 38.1m $740.5m | Added +3.9m |
| Affinity Partners GP LP 100.00% of their portfolio | 32.7m $634.8m | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 28.2m $548.4m | First filing |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.03% of their portfolio | 25.7m $498.3m | First filing |
| BlackRock, Inc. 0.01% of their portfolio | 25.3m $491.0m | Added +2.2m |
| Alpha Wave Global, LP 59.92% of their portfolio | 24.4m $473.7m | Unchanged |
| MFN Partners Management, LP 9.54% of their portfolio | 23.5m $455.5m | Reduced -6.8m |
| FRED ALGER MANAGEMENT, LLC 1.91% of their portfolio | 22.4m $435.1m | Added +6.5m |
| UBS Group AG 0.05% of their portfolio | 15.2m $295.6m | Added +10.2m |
| Finepoint Capital LP 64.52% of their portfolio | 13.9m $269.1m | Reduced -7.3m |
| BAILLIE GIFFORD & CO 0.27% of their portfolio | 13.6m $264.6m | Reduced -1.1m |
| HRTG GPE, LLC 33.12% of their portfolio | 13.3m $258.7m | Unchanged |
| Consulta Ltd 10.63% of their portfolio | 11.0m $213.6m | Added +1.0m |
| MTCO Ltd. 78.90% of their portfolio | 10.9m $212.5m | Unchanged |
| Maniro Ltd 64.38% of their portfolio | 10.9m $212.5m | Unchanged |
| STATE STREET CORP 0.01% of their portfolio | 10.2m $198.1m | Added +571.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 9.4m $182.7m | Added +626.1k |
| Hood River Capital Management LLC 1.58% of their portfolio | 8.1m $158.0m | Added +83.2k |
| Blue Investment Opportunities, LLC - Project Breeze Series 1 100.00% of their portfolio | 8.1m $156.8m | Reduced -625.0k |
| Patient Capital Management, LLC 4.91% of their portfolio | 6.8m $131.6m | Added +309.5k |
| T. Rowe Price Investment Management, Inc. 0.09% of their portfolio | 6.5m $126.9m | Reduced -193.7k |
| GILDER GAGNON HOWE & CO LLC 1.40% of their portfolio | 6.0m $116.3m | Reduced -237.4k |
| SOFTBANK GROUP CORP. 0.93% of their portfolio | 5.5m $106.2m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 5.2m $100.0m | Added +4.0m |
| Cercano Management LLC 4.04% of their portfolio | 4.8m $93.5m | Reduced -6.0m |
| Impax Asset Management Group plc 0.64% of their portfolio | 4.7m $91.5m | Added +3.5m |
| Forest Avenue Capital Management LP 5.68% of their portfolio | 4.6m $89.8m | Added +887.8k |
| FMR LLC 0.00% of their portfolio | 4.6m $89.2m | Added +1.6m |
| MADRONE ADVISORS, LLC 7.96% of their portfolio | 4.2m $81.9m | Reduced -900.0k |
| Liberty Mutual Group Asset Management Inc. 6.35% of their portfolio | 4.1m $79.3m | Unchanged |
| Sound Shore Management Inc /CT/ 2.56% of their portfolio | 3.9m $76.3m | Reduced -72.2k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.8m $73.2m | Added +1.3m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 3.4m $69.0m | Added +1.0m |
| FEDERATED HERMES, INC. 0.10% of their portfolio | 3.3m $64.2m | Unchanged |
| VANGUARD FIDUCIARY TRUST CO 0.02% of their portfolio | 3.3m $64.2m | First filing |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 3.2m $61.2m | Added +243.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.9m $56.6m | Added +239.4k |
| CI INVESTMENTS INC. 0.24% of their portfolio | 2.6m $50.5m | Added +102.8k |
| Select Equity Group, L.P. 0.27% of their portfolio | 2.6m $50.4m | Reduced -865.7k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 2.6m $49.5m | Added +560 |
| SEI INVESTMENTS CO 0.05% of their portfolio | 2.5m $49.3m | Added +642.6k |
| Lionstone Capital Management LLC 10.97% of their portfolio | 2.3m $45.3m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.1m $41.4m | Reduced -1.2m |
| Epoch Investment Partners, Inc. 0.25% of their portfolio | 2.1m $40.7m | Added +737.3k |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 2.0m $39.2m | Reduced -530.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 1.9m $36.8m | Reduced -537.4k |
| Blue Whale Capital LLP 1.70% of their portfolio | 1.8m $35.8m | New |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 1.7m $33.7m | Added +1.6m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.7m $33.7m | Reduced -346.4k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 1.7m $33.4m | Added +346.3k |
| FIRST MANHATTAN CO. LLC. 0.09% of their portfolio | 1.6m $31.9m | Added +66.0k |
| BESSEMER GROUP INC 0.05% of their portfolio | 1.6m $31.5m | Added +34.8k |
| Zimmer Partners, LP 0.75% of their portfolio | 1.6m $30.6m | Added +975.0k |
| Granahan Investment Management, LLC 1.42% of their portfolio | 1.5m $29.3m | Added +709.9k |
| LPL Financial LLC 0.01% of their portfolio | 1.5m $29.2m | Added +423.4k |
| Paralel Advisors LLC 1.21% of their portfolio | 1.5m $29.1m | New |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.5m $28.3m | Reduced -71.0k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.4m $27.8m | Added +216.2k |
| Woodson Capital Management, LP 4.46% of their portfolio | 1.4m $27.6m | Added +570.0k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.06% of their portfolio | 1.4m $26.9m | New |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 1.39% of their portfolio | 1.4m $26.7m | Added +29.6k |
| TD Asset Management Inc 0.02% of their portfolio | 1.3m $26.1m | Added +400.3k |
| BRAUN STACEY ASSOCIATES INC 0.86% of their portfolio | 1.3m $26.0m | Added +37.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.3m $25.7m | Added +1.8k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.3m $25.6m | Added +195.0k |
| Tsai Capital Corp 18.82% of their portfolio | 1.3m $25.3m | Reduced -34.3k |
| Amundi 0.01% of their portfolio | 1.3m $24.6m | Added +127.9k |
| Barrier Capital Management, LLC 21.21% of their portfolio | 1.2m $24.2m | Reduced -352.6k |
| FISHMAN JAY A LTD/MI 2.11% of their portfolio | 1.2m $23.6m | Added +358.5k |
| Swiss National Bank 0.01% of their portfolio | 1.2m $23.3m | Added +5.9k |
| Nuveen, LLC 0.01% of their portfolio | 1.2m $22.6m | Added +58.4k |
| Catawba River Capital 10.59% of their portfolio | 1.1m $22.0m | Added +13.0k |
| FIL Ltd 0.02% of their portfolio | 1.1m $21.6m | Added +442.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 1.0m $20.4m | Added +403.5k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 1.0m $20.2m | Reduced -252.8k |
| Ghisallo Capital Management LLC 0.53% of their portfolio | 1.0m $19.4m | Added +800.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 960.3k $18.6m | Added +915.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.04% of their portfolio | 943.4k $18.3m | Added +65.8k |
| JACKSON HILL ADVISORS, LLC 9.45% of their portfolio | 941.0k $18.3m | Unchanged |
| Mitsubishi UFJ Trust & Banking Corp 0.04% of their portfolio | 908.1k $17.6m | Reduced -8.8k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 904.5k $17.6m | Reduced -260.6k |
| Taikang Asset Management (Hong Kong) Co Ltd 1.75% of their portfolio | 904.0k $17.6m | Added +313.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 865.8k $16.8m | Reduced -523.4k |
| INVESTMENT HOUSE LLC 0.87% of their portfolio | 857.0k $16.6m | Added +57.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.17% of their portfolio | 853.5k $16.6m | Added +16.8k |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 0.56% of their portfolio | 813.0k $15.8m | Unchanged |
| CITIGROUP INC 0.01% of their portfolio | 804.2k $15.6m | Added +764.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 803.8k $15.6m | Reduced -181.8k |
| California Public Employees Retirement System 0.01% of their portfolio | 796.4k $15.5m | Reduced -229.7k |
| Pennant Select, LLC 7.76% of their portfolio | 795.0k $15.4m | Added +580.0k |
| OMERS ADMINISTRATION Corp 0.09% of their portfolio | 746.6k $14.5m | Unchanged |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.08% of their portfolio | 737.7k $14.3m | New |
| Lombard Odier Asset Management (Europe) Ltd 0.78% of their portfolio | 733.9k $14.3m | Reduced -118.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 725.0k $14.1m | Unchanged |
| Focus Partners Wealth 0.02% of their portfolio | 715.7k $13.9m | Added +187.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 704.5k $13.7m | Added +129.2k |
| Advisors Capital Management, LLC 0.16% of their portfolio | 691.2k $13.4m | Added +6.0k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 688.5k $13.4m | Added +409.8k |