QXO Inc
QXO
26 hedge funds and large institutions have $13.5M invested in QXO Inc in 2024 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 12 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
0% more funds holding
Funds holding: 26 → 26 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
1.51% less ownership
Funds ownership: 3.92% → 2.41% (-1.5%)
52% less capital invested
Capital invested by funds: $28.3M → $13.5M (-$14.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$2.47M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.3M |
| 3 |
Renaissance Technologies
New York
|
+$698K |
| 4 |
G
Gainplan
Bloomfield Hills,
Michigan
|
+$503K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.3M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.57M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$1.29M |
| 4 |
BA
Bard Associates
Chicago,
Illinois
|
-$707K |
| 5 |
HF
HRT Financial
New York
|
-$394K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $13 | – | – | – |
|
|
27
Acadian Asset Management
Boston,
Massachusetts
| – | -$1.57M | -11,491 | Closed |
|
|
SSA
28
Schonfeld Strategic Advisors
New York
| – | -$1.29M | -9,400 | Closed |
|
|
BA
29
Bard Associates
Chicago,
Illinois
| – | -$707K | -5,163 | Closed |
|
|
HF
30
HRT Financial
New York
| – | -$394K | -2,885 | Closed |
|
|
DAM
31
Deltec Asset Management
New York
| – | -$342K | -2,500 | Closed |
|
|
CSS
32
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$221K | -1,618 | Closed |
|
|
JCP
33
JB Capital Partners
Armonk,
New York
| – | -$171K | -1,250 | Closed |
|
|
RDWM
34
Red Door Wealth Management
Memphis,
Tennessee
| – | -$171K | -1,250 | Closed |
|
|
WB
35
Webster Bank
Waterbury,
Connecticut
| – | -$49.6K | -363 | Closed |
|
|
HI
36
Harbour Investments
Madison,
Wisconsin
| – | -$17.1K | -125 | Closed |
|
|
MSWM
37
McGlone Suttner Wealth Management
Appleton,
Wisconsin
| – | -$856 | -6 | Closed |
|
38
Lazard Asset Management
New York
| – | -$588 | -5 | -36% |
|
39
Bank of America
Charlotte,
North Carolina
| – | -$85 | -1 | Closed |
|
QXO Hedge Fund Activity: Q1 2024 in Review
26 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in QXO Inc (QXO) for Q1 2024, worth a combined $13.5M — down 52% from $28.3M a quarter earlier.
Fund positioning in QXO was balanced in Q1 2024: 12 funds opened new positions, 12 closed out, 8 added to existing stakes and 4 trimmed.
The largest buyer was Gendell Jeffrey L, adding an estimated $2.47M. The largest seller was Morgan Stanley, cutting an estimated $10.3M.
- 26 institutional investors held QXO Inc (QXO) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $13.5M of QXO Inc stock for Q1 2024, down 52% quarter-over-quarter.
- 12 funds opened new QXO Inc positions in Q1 2024 and 12 closed out, a net change of 0 holders.
- The largest QXO Inc buyer in Q1 2024 was Gendell Jeffrey L, an estimated $2.47M added.
- The largest QXO Inc seller in Q1 2024 was Morgan Stanley, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2024.