Who owns RXO (RXO)
Which tracked institutional funds hold RXO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See RXO company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on RXO is one-sided between 2026-Q1 and 2026-Q2: 120 added or opened and 29 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
RXO’s largest tracked holder by dollar value, Orbis Allan Gray Ltd, sizes it at 3.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 3.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in RXO divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 281 tracked filers holding RXO, 153 increased or opened the position and 130 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in RXO between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 17
- Maple Rock Capital Partners Inc.$71M
- Driehaus Capital Management LLC$21M
- Mawer Investment Management Ltd.$18M
- FEDERATED HERMES, INC.$18M
- Encompass Capital Advisors LLC$17M
- ANCHOR CAPITAL MANAGEMENT COMPANY, LLC$14M
Full exits 18
- NORGES BANK$24M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$7M
- 683 Capital Management, LLC$3M
- Verition Fund Management LLC$2M
- NATIXIS$2M
- NEW YORK STATE TEACHERS RETIREMENT SYSTEM$2M
Largest adds
- Orbis Allan Gray Ltd$472M
- BlackRock, Inc.$437M
- MFN Partners Management, LP$365M
- VANGUARD PORTFOLIO MANAGEMENT LLC$124M
- Hood River Capital Management LLC$114M
- VANGUARD CAPITAL MANAGEMENT LLC$97M
Largest trims
- FIL Ltd$23M
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/$14M
- FRONTIER CAPITAL MANAGEMENT CO LLC$10M
- UBS Group AG$6M
- MARSHALL WACE, LLP$4M
- Holocene Advisors, LP$2M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Orbis Allan Gray Ltd | 36,397,974 | $1.0B | 20.3% | 2026-Q2 |
| MFN Partners Management, LP | 28,109,942 | $776M | 15.7% | 2026-Q2 |
| BlackRock, Inc. added | 25,135,757 | $693M | 14.0% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 9,290,827 | $256M | 5.2% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 7,430,859 | $205M | 4.2% | 2026-Q2 |
| STATE STREET CORP added | 6,658,205 | $184M | 3.7% | 2026-Q2 |
| Hood River Capital Management LLC added | 6,478,546 | $179M | 3.6% | 2026-Q2 |
| Finepoint Capital LP trimmed | 5,355,445 | $148M | 3.0% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,269,292 | $118M | 2.4% | 2026-Q2 |
| Douglas Lane & Associates, LLC trimmed | 3,346,342 | $92M | 1.9% | 2026-Q2 |
| FIL Ltd trimmed | 2,625,000 | $72M | 1.5% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,613,414 | $72M | 1.5% | 2026-Q2 |
| Maple Rock Capital Partners Inc. new | 2,583,655 | $71M | 1.4% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,441,326 | $67M | 1.4% | 2026-Q2 |
| Boston Partners trimmed | 2,207,594 | $61M | 1.2% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,983,060 | $55M | 1.1% | 2026-Q2 |
| NORTHERN TRUST CORP added | 1,711,702 | $47M | 1.0% | 2026-Q2 |
| MORGAN STANLEY added | 1,706,328 | $47M | 1.0% | 2026-Q2 |
| Invesco Ltd. trimmed | 1,213,400 | $33M | 0.7% | 2026-Q2 |
| EMERALD ADVISERS, LLC added | 1,174,517 | $32M | 0.7% | 2026-Q2 |
| KENNEDY CAPITAL MANAGEMENT LLC trimmed | 1,108,441 | $31M | 0.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 1,098,652 | $30M | 0.6% | 2026-Q2 |
| FRONTIER CAPITAL MANAGEMENT CO LLC trimmed | 1,026,223 | $28M | 0.6% | 2026-Q2 |
| Swedbank AB trimmed | 979,000 | $27M | 0.5% | 2026-Q2 |
| Penn Capital Management Company, LLC trimmed | 974,963 | $27M | 0.5% | 2026-Q2 |
| Bank of New York Mellon Corp added | 971,006 | $27M | 0.5% | 2026-Q2 |
| UBS Group AG trimmed | 909,106 | $25M | 0.5% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 893,745 | $25M | 0.5% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 807,076 | $22M | 0.5% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 797,506 | $22M | 0.4% | 2026-Q2 |
| Driehaus Capital Management LLC added | 768,555 | $21M | 0.4% | 2026-Q2 |
| EMERALD MUTUAL FUND ADVISERS TRUST added | 761,015 | $21M | 0.4% | 2026-Q2 |
| Divisar Capital Management LLC trimmed | 662,525 | $18M | 0.4% | 2026-Q2 |
| Mawer Investment Management Ltd. new | 657,345 | $18M | 0.4% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 653,665 | $18M | 0.4% | 2026-Q2 |
| FEDERATED HERMES, INC. new | 653,467 | $18M | 0.4% | 2026-Q2 |
| Encompass Capital Advisors LLC new | 610,755 | $17M | 0.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 605,605 | $17M | 0.3% | 2026-Q2 |
| ROYCE & ASSOCIATES LP added | 573,220 | $16M | 0.3% | 2026-Q2 |
| Public Sector Pension Investment Board trimmed | 566,551 | $16M | 0.3% | 2026-Q2 |
| PRIMECAP MANAGEMENT CO/CA/ trimmed | 565,546 | $16M | 0.3% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 542,415 | $15M | 0.3% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 514,660 | $14M | 0.3% | 2026-Q2 |
| Nuveen, LLC added | 508,274 | $14M | 0.3% | 2026-Q2 |
| ANCHOR CAPITAL MANAGEMENT COMPANY, LLC new | 504,800 | $14M | 0.3% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT trimmed | 451,100 | $12M | 0.3% | 2026-Q2 |
| Cornerstone Wealth Group, LLC added | 444,337 | $12M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 418,191 | $12M | 0.2% | 2026-Q2 |
| ArrowMark Colorado Holdings LLC new | 397,194 | $11M | 0.2% | 2026-Q2 |
| Legal & General Group Plc added | 360,436 | $10M | 0.2% | 2026-Q2 |
| FRED ALGER MANAGEMENT, LLC trimmed | 352,061 | $10M | 0.2% | 2026-Q2 |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC added | 340,000 | $9M | 0.2% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 311,787 | $9M | 0.2% | 2026-Q2 |
| Attestor Capital Ltd | 285,600 | $8M | 0.2% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 260,132 | $7M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 231,159 | $6M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 204,250 | $3M | 0.1% | 2026-Q2 |
| Swiss National Bank trimmed | 198,300 | $5M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 194,924 | $5M | 0.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 187,901 | $5M | 0.1% | 2026-Q2 |
| New Age Alpha Advisors, LLC trimmed | 178,221 | $5M | 0.1% | 2026-Q2 |
| PRUDENTIAL FINANCIAL INC added | 171,721 | $5M | 0.1% | 2026-Q2 |
| Man Group plc added | 164,314 | $5M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 157,193 | $4M | 0.1% | 2026-Q2 |
| Edgestream Partners, L.P. added | 143,689 | $4M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 113,929 | $3M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 108,502 | $3M | 0.1% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 102,926 | $3M | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC added | 97,880 | $3M | 0.1% | 2026-Q2 |
| CITIGROUP INC trimmed | 97,335 | $3M | 0.1% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. trimmed | 90,887 | $3M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 86,812 | $2M | 0.0% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 82,648 | $2M | 0.0% | 2026-Q2 |
| Illinois Municipal Retirement Fund trimmed | 77,255 | $2M | 0.0% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 77,252 | $2M | 0.0% | 2026-Q2 |
| Louisiana State Employees Retirement System | 72,800 | $1M | 0.0% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 68,837 | $2M | 0.0% | 2026-Q2 |
| FMR LLC trimmed | 66,430 | $2M | 0.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 63,200 | $2M | 0.0% | 2026-Q2 |
| Aperture Investors, LLC trimmed | 62,929 | $2M | 0.0% | 2026-Q2 |
| Aquatic Capital Management LLC new | 60,527 | $2M | 0.0% | 2026-Q2 |
| State of Tennessee, Department of Treasury added | 60,283 | $2M | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 60,213 | $2M | 0.0% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 54,585 | $2M | 0.0% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 53,785 | $1M | 0.0% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 51,417 | $1M | 0.0% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 51,401 | $1M | 0.0% | 2026-Q2 |
| Rialto Wealth Management, LLC | 49,542 | $1M | 0.0% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey added | 49,481 | $1M | 0.0% | 2026-Q2 |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 48,863 | $1M | 0.0% | 2026-Q2 |
| OPPENHEIMER & CO INC trimmed | 48,030 | $1M | 0.0% | 2026-Q2 |
| Jupiter Topco LLC new | 46,537 | $1M | 0.0% | 2026-Q2 |
| State of New Jersey Common Pension Fund D trimmed | 46,037 | $1M | 0.0% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND new | 45,382 | $1M | 0.0% | 2026-Q2 |
| YOUSIF CAPITAL MANAGEMENT, LLC added | 44,484 | $1M | 0.0% | 2026-Q2 |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | 43,731 | $1M | 0.0% | 2026-Q2 |
| Apollon Wealth Management, LLC new | 43,089 | $1M | 0.0% | 2026-Q2 |
| Mariner, LLC added | 42,149 | $1M | 0.0% | 2026-Q2 |
| Creative Planning added | 39,771 | $1M | 0.0% | 2026-Q2 |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS trimmed | 39,108 | $1M | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.