Which funds own QXO
Qxo in the Q2 2026 filings. At least 7 of the 91 current managers on file reported a position, worth $1.2bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went one way: 6 managers opened or added against 2 cutting.
- Managers holding
- 7
- at least, of 91 current
- Combined value
- $1.2bn
- as reported
- Opened
- 0
- new this quarter
- Added to
- 6
- already held
- Trimmed or sold out
- 2
- 1 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Baillie Gifford & Co Long-only · $110bn book | $827m | 0.8% | 47,867,886 | +$563m+34,243,647 | Added |
| Balyasny Asset Management LLC Multi-strategy · $80.2bn book | $134m | 0.2% | 7,762,412 | +$131m+7,594,439 | Added |
| Schonfeld Strategic Advisors LLC Multi-strategy · $27.9bn book | $120m | 0.4% | 6,925,608 | +$118m+6,814,470 | Added |
| ExodusPoint Capital Management LP Multi-strategy · $15.5bn book | $49m | 0.3% | 2,811,792 | +$45m+2,625,855 | Added |
| Moore Capital Management LP Macro · $6.7bn book | $22m | 0.3% | 1,289,310 | +$22m+1,264,310 | Added |
| Discovery Capital Management LLC Macro · $2.4bn book | $22m | 0.9% | 1,242,390 | -$5.3m-133,700 | Trimmed |
| Winton Group Ltd Quantitative · $3.1bn book | $6.3m | 0.2% | 364,300 | unchanged+39,155 | Added |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Polen Capital Management LLC · Long-only$200k held before
Ownership through time
At least 14 of the 95 managers whose filings are on file listed QXO in Q2 2026, against 2 in Q3 2024. 5 managers more than in Q1 2026: 2 started positions; 4 listed it again; 1 sold out, by its own filing.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q3 2024: 2
- Q2 2025: 9
- Q3 2025: 8
- Q4 2025: 8
- Q1 2026: 9
- Q2 2026: 14
- Q3 2024: $52m
- Q2 2025: $953m
- Q3 2025: $819m
- Q4 2025: $1.1bn
- Q1 2026: $1.1bn
- Q2 2026: $2.2bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Baillie Gifford & Co13,624,239 to 47,867,886 shares+$592m
- Invesco Ltd38,132,654 to 48,108,252 shares+$172m
- Moore Capital Management LP25,000 to 1,289,310 shares+$22m
- Holocene Advisors LPnew: 469,770 shares+$8.1m
- First Eagle Investment Management LLC223,184 to 662,894 shares+$7.6m
Largest decreases, by shares
- MFS Investment Management3,433,466 to 2,762,498 shares-$12m
- Discovery Capital Management LLC1,376,090 to 1,242,390 shares-$2.3m
Left it
- Polen Capital Management LLCwas $208k
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Invesco Ltd | Q2 2025 | $831m | $831m | |
| Baillie Gifford & Co | Q3 2025 | $827m | $827m | |
| Balyasny Asset Management LLC | Q3 2024 | $134m | $134m | |
| Millennium Management LLC | Q2 2026 | $126m | $126m | |
| Schonfeld Strategic Advisors LLC | Q2 2025 | $120m | $120m | |
| MFS Investment Management | Q2 2025 | $69m | $50m | |
| ExodusPoint Capital Management LP | Q2 2026 | $49m | $49m | |
| Moore Capital Management LP | Q3 2024 | $22m | $22m | |
| Discovery Capital Management LLC | Q2 2025 | $51m | $21m | |
| First Eagle Investment Management LLC | Q2 2025 | $11m | $11m | |
| Holocene Advisors LP | Q2 2026 | $8.1m | $8.1m | |
| Winton Group Ltd | Q2 2025 | $6.3m | $6.3m | |
| Brevan Howard Capital Management LP | Q3 2025 | $5.4m | $5.3m | |
| Soros Fund Management LLC | Q4 2025 | $861k | $861k | |
| Renaissance Technologies LLC | Q2 2025 | $76m | last listed Q4 2025 | |
| Tudor Investment Corp | Q2 2025 | $45m | last listed Q2 2025 | |
| Steadfast Capital Management LP | Q3 2025 | $10m | last listed Q3 2025 | |
| Polen Capital Management LLC | Q1 2026 | $208k | last listed Q1 2026 |
What QXO is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around QXO →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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