L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
26
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 7 listed it in both
Shares listed
65,328,250
combined, among listed positions
Reported value
$1.3bn
combined, at the quarter end

Among the 92 comparable managers: 13 buyers (opened or added shares) and 18 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +8,200,839.

Managers listing QXO in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

26 of 26 holders

ActionFiling
Invesco Ltd34,222,190$660m0.06%Added+620,27919 Feb 2026 (the filing on sec.gov)
Baillie Gifford & Co14,735,164$284m0.24%Added+14,644,30523 Jan 2026 (the filing on sec.gov)
Fidelity (FMR LLC)3,043,170$59munder 0.1%Trimmed-687,95817 Feb 2026 (the filing on sec.gov)
MFS Investment Management2,424,628$47munder 0.1%Trimmed-7,51722 Jan 2026 (the filing on sec.gov)
Renaissance Technologies LLC1,478,200$29munder 0.1%Trimmed-2,514,00012 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP1,389,143$27munder 0.1%Trimmed-194,58417 Feb 2026 (the filing on sec.gov)
Discovery Capital Management LLC1,346,538$26m1.41%Trimmed-488,80017 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc1,179,335$23munder 0.1%Added+296,20817 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC1,165,044$22munder 0.1%Added+56,41327 Oct 2026 (the filing on sec.gov)
Balyasny Asset Management LLC1,046,348$20munder 0.1%Added+221,94517 Feb 2026 (the filing on sec.gov)
Man Group PLC678,782$13munder 0.1%Trimmed-171,28717 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC505,177$9.7munder 0.1%Trimmed-167,91317 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC343,529$6.6munder 0.1%Added+328,17013 Feb 2026 (the filing on sec.gov)
Brevan Howard Capital Management LP266,897$5.4m0.06%Added+2,95117 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP243,148$4.7munder 0.1%Added+24,50817 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd232,963$4.5munder 0.1%Added+39,40017 Feb 2026 (the filing on sec.gov)
First Eagle Investment Management LLC227,684$4.4munder 0.1%Added+28,1844 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP226,664$4.4munder 0.1%Trimmed-211,60917 Feb 2026 (the filing on sec.gov)
Millennium Management LLC112,991$2.2munder 0.1%Trimmed-575,03017 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC110,666$2.1munder 0.1%Added+44,87013 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC101,795$2.0munder 0.1%Trimmed-989,77117 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC93,358$1.8munder 0.1%Trimmed-345,86613 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.46,021$888kunder 0.1%Trimmed-77,28417 Feb 2026 (the filing on sec.gov)
Soros Fund Management LLC41,095$793kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Hudson Bay Capital Management LP35,000$675kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
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Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
2 in Q3 2024 to 14 in Q2 2026

Tracked managers listing it, at least.

051015Q3 2024Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
QXO by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20242$52m20
Q2 20259$953m90
Q3 20258$819m62
Q4 20258$1.1bn1318
Q1 20269$1.1bn1518
Q2 202614$2.2bn2410

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

QXO and KLAC →QXO and GE →QXO and LRCX →Choose a stock to compare with QXO →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own QXO, latest filings →Back to the 13F Explorer →