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380 hedge funds and large institutions have $4.41B invested in XPO in 2020 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 113 increasing their positions, 152 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more call options, than puts

Call options by funds: $130M | Put options by funds: $96M

3.41% less ownership

Funds ownership: 285.33%281.92% (-3.4%)

4% less funds holding

Funds holding: 396380 (-16)

14% less first-time investments, than exits

New positions opened: 66 | Existing positions closed: 77

26% less repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 152

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

39% less capital invested

Capital invested by funds: $7.26B → $4.41B (-$2.85B)

Holders
380
Holders Change
-16
Holders Change %
-4.04%
% of All Funds
8.37%
Holding in Top 10
7
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-30%
% of All Funds
0.15%
New
66
Increased
113
Reduced
152
Closed
77
Calls
$130M
Puts
$96M
Net Calls
+$33.9M
Net Calls Change
+$12.4M
Name Holding Trade Value Shares
Change
Change in
Stake
OAG
1
Orbis Allan Gray
Bermuda
$870M -$68.1M -2,547,107 -5%
BlackRock
2
BlackRock
New York
$436M -$23.9M -892,869 -3%
SHIM
3
Spruce House Investment Management
New York
$432M -$230M -8,620,819 -25%
Vanguard Group
4
Vanguard Group
Pennsylvania
$427M +$17M +634,245 +3%
State Street
5
State Street
Massachusetts
$153M +$6.05M +226,425 +3%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$146M -$5.16M -193,163 -2%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$134M -$2.11M -79,013 -1%
LAM
8
Lyrical Asset Management
New York
$119M -$23.4M -874,459 -11%
MP
9
MFN Partners
Massachusetts
$107M +$116M +4,335,330 +214%
ClearBridge Investments
10
ClearBridge Investments
New York
$88.7M +$8.3M +310,440 +6%
EIP
11
Epoch Investment Partners
New York
$54M -$42M -1,569,818 -33%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$50.4M +$1.76M +65,869 +2%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$47.1M -$2.99M -111,784 -4%
DLA
14
Douglas Lane & Associates
New York
$45.3M -$2.51M -93,771 -3%
Citadel Advisors
15
Citadel Advisors
Florida
$44.6M +$55.5M +2,074,798 +364%
Norges Bank
16
Norges Bank
Norway
$43.9M -$5.49M -205,352 -7%
Northern Trust
17
Northern Trust
Illinois
$42.6M +$1.87M +70,130 +3%
BG
18
Baupost Group
Massachusetts
$41.2M +$65.4M +2,445,764 New
T. Rowe Price Associates
19
T. Rowe Price Associates
Maryland
$33M +$523K +19,578 +1%
Goldman Sachs
20
Goldman Sachs
New York
$32.5M +$4.4M +164,712 +9%
Wells Fargo
21
Wells Fargo
California
$30.7M +$4.03M +150,946 +9%
Legal & General Group
22
Legal & General Group
United Kingdom
$30.5M +$510K +19,083 +1%
N
23
Nuveen
North Carolina
$27.9M +$13.2M +494,723 +43%
Sumitomo Mitsui Trust Group
24
Sumitomo Mitsui Trust Group
Japan
$27.2M +$14.5M +542,703 +51%
WCMNY
25
Westchester Capital Management (New York)
New York
$26.5M +$42M +1,570,605 New

XPO Hedge Fund Activity: Q1 2020 in Review

380 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in XPO (XPO) for Q1 2020, worth a combined $4.41B — down 39% from $7.26B a quarter earlier.

Sellers outnumbered buyers: 77 funds closed out of XPO and 66 opened new positions — a net loss of 11 holders — while 152 trimmed existing stakes and 113 added.

The largest buyer was MFN Partners, adding an estimated $116M. The largest seller was Spruce House Investment Management, cutting an estimated $230M.

  • 380 institutional investors held XPO (XPO) as of Q1 2020, down from 396 in Q4 2019.
  • Funds reported $4.41B of XPO stock for Q1 2020, down 39% quarter-over-quarter.
  • 66 funds opened new XPO positions in Q1 2020 and 77 closed out, a net change of -11 holders.
  • The largest XPO buyer in Q1 2020 was MFN Partners, an estimated $116M added.
  • The largest XPO seller in Q1 2020 was Spruce House Investment Management, an estimated $230M sold.

Based on aggregated 13F filings for Q1 2020.