QXO Inc
20 hedge funds and large institutions have $113M invested in QXO Inc in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 10 closing their positions.
1,759.03% more ownership
Funds ownership: 2.41% → 1,761.44% (+1,759%)
734% more capital invested
Capital invested by funds: $13.5M → $113M (+$99.3M)
23% less funds holding
Funds holding: 26 → 20 (-6)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.14B |
| 2 |
Millennium Management
New York
|
+$272M |
| 3 |
GJL
Gendell Jeffrey L
|
+$1.89M |
| 4 |
BTI
Blue Trust Inc
Alpharetta,
Georgia
|
+$782K |
| 5 |
BlackRock
New York
|
+$286K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.58M |
| 2 |
Morgan Stanley
New York
|
-$1.21M |
| 3 |
Renaissance Technologies
New York
|
-$586K |
| 4 |
G
Gainplan
Bloomfield Hills,
Michigan
|
-$452K |
| 5 |
State Street
Boston,
Massachusetts
|
-$167K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| – | -$13.2K | -125 | Closed |
|
27
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$5.71K | -50 | Closed |
|
|
DWA
28
Delos Wealth Advisors
Dallas,
Texas
| – | -$53 | -1 | Closed |
|
29
JP Morgan Chase
New York
| – | -$106 | -1 | Closed |
|
30
Citigroup
New York
| – | -$13 | – | – |
|
QXO Hedge Fund Activity: Q2 2024 in Review
20 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in QXO Inc (QXO) for Q2 2024, worth a combined $113M — up 734% from $13.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of QXO and 4 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Citadel Advisors, adding an estimated $1.14B. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $2.58M sold.
- 20 institutional investors held QXO Inc (QXO) as of Q2 2024, down from 26 in Q1 2024.
- Funds reported $113M of QXO Inc stock for Q2 2024, up 734% quarter-over-quarter.
- 4 funds opened new QXO Inc positions in Q2 2024 and 10 closed out, a net change of -6 holders.
- The largest QXO Inc buyer in Q2 2024 was Citadel Advisors, an estimated $1.14B added.
- The largest QXO Inc seller in Q2 2024 was Driehaus Capital Management, an estimated $2.58M sold.
Based on aggregated 13F filings for Q2 2024.