RXO

RXO • NYSE

RXO is a trucking company in the industrials sector on NYSE, led by Drew Wilkerson, with a market cap of $2.5B. As of Q3 2025, 108% of shares are held by 256 institutional investors, with Orbis Allan Gray Ltd as the largest holder at 19.86%.

Chief Executive OfficerDrew Wilkerson

Market Cap$2.5B

Trucking

Industrials

Employees8.4K

Websiterxo.com

Country

United States of America

Overview

Overview of institutional ownership in RXO as of Q3 2025 with a market cap of $2.5B

All Institutions

Institutions: 256
Value Held: $2.7B
Shares Held: 177.7M
Avg Position: $10.7M
Median Position: $325.4K

Hedge Funds

Hedge Funds: 29
Value Held: $590.2M
Shares Held: 38.4M
Avg Position: $20.4M
Median Position: $634.6K

Ownership Breakdown

Institutional (non-HF)

84.98%

$2.1B

Hedge Funds

23.4%

$590.2M

Retail & Other

Based on market cap of $2.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in RXO as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
O Orbis Allan Gray Ltd RIA/Wealth	Don Lynn Ray Managing Partner	$501.0M 2.15% of portfolio	19.86% 32.6M shares	Q4 2022 Held for 2y 11m	$23.3B
M MFN Partners Management, LP Hedge Fund•Value	Farhad Nanji Founder	$424.1M 8.57% of portfolio	16.82% 27.6M shares	Q4 2022 Held for 2y 11m	$5.0B
B BlackRock, Inc. Institution	-	$366.5M 0.01% of portfolio	14.53% 23.8M shares	Q4 2022 Held for 2y 11m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$264.8M 0.00% of portfolio	10.50% 17.2M shares	Q4 2022 Held for 2y 11m	$6.69T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$153.8M 0.03% of portfolio	6.10% 10.0M shares	Q4 2022 Held for 2y 11m	$571.21B
Finepoint Capital LP Hedge Fund•Value	Herbert Schwind Wagner CEO	$111.8M 20.59% of portfolio	4.43% 7.3M shares	Q3 2025 Held for 2 months	$542.9M
F FIL Ltd Institution	-	$100.7M 0.08% of portfolio	3.99% 6.6M shares	Q4 2022 Held for 2y 11m	$127.75B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$94.4M 0.00% of portfolio	3.74% 6.1M shares	Q4 2022 Held for 2y 11m	$2.88T
D Douglas Lane & Associates, LLC Institution	-	$59.5M 0.85% of portfolio	2.36% 3.9M shares	Q4 2022 Held for 2y 11m	$7.0B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$59.4M 0.00% of portfolio	2.35% 3.9M shares	Q4 2022 Held for 2y 11m	$1.57T

Net Capital Flow

Institutional buying and selling activity for RXO in Q3 2025

Traded: +$74.6M
Buyers: 135
Sellers: 114
Total Bought: +$282.9M
Total Sold: −$208.3M
Avg Position: $9.2M

Biggest Buyers

Institution	Net Bought	Current Position
Finepoint Capital LP Hedge Fund•Value	+$111.8M +7.3M shares	$111.8M 7.3M shares
B BlackRock, Inc. Institution	+$27.1M +1.8M shares	$366.5M 23.8M shares
O Orbis Allan Gray Ltd RIA/Wealth	+$18.4M +1.2M shares	$501.0M 32.6M shares
FRANKLIN RESOURCES INC Institution	+$17.1M +1.1M shares	$35.8M 2.3M shares
Hood River Capital Management LLC Long Only Manager	+$11.3M +737.7K shares	$21.4M 1.4M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$11.3M +735.8K shares	$153.8M 10.0M shares
UBS Group AG Institution	+$10.4M +679.0K shares	$33.2M 2.2M shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$7.4M +479.3K shares	$7.4M 479.3K shares
R ROYAL BANK OF CANADA Institution	+$6.5M +424.0K shares	$9.9M 643.9K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$5.7M +370.3K shares	$6.1M 397.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$36.2M −2.3M shares	Sold Off 0 shares
LOOMIS SAYLES & CO L P Long Only Manager	−$20.6M −1.3M shares	Sold Off 0 shares
S Swedbank AB Institution	−$19.6M −1.3M shares	$22.9M 1.5M shares
RIVULET CAPITAL, LLC Hedge Fund•Long/Short	−$15.7M −995.8K shares	Sold Off 0 shares
FRONTIER CAPITAL MANAGEMENT CO LLC Long Only Manager	−$12.3M −797.4K shares	$15.4M 1.0M shares
Owls Nest Partners IA, LLC Hedge Fund•Value	−$9.3M −590.8K shares	Sold Off 0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$8.1M −517.1K shares	Sold Off 0 shares
EMERALD ADVISERS INC/PA Long Only Manager	−$7.9M −514.9K shares	$3.3M 216.7K shares
EMERALD MUTUAL FUND ADVISERS TRUST Long Only Manager	−$5.8M −379.3K shares	$735.7K 47.8K shares
J JANE STREET GROUP, LLC Institution	−$5.5M −347.8K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited RXO in Q3 2025

New Positions: 22
New Value: $120.6M
Exited Positions: 39
Exited Value: $121.5M

New Positions

Institution	Position Value
Finepoint Capital LP Hedge Fund•Value	$111.8M 7.3M shares
Cornerstone Wealth Group, LLC RIA/Wealth	$4.0M 261.8K shares
Hudson Bay Capital Management LP Hedge Fund•Multi-Strategy	$2.1M 135.5K shares
C CARY STREET PARTNERS FINANCIAL LLC Institution	$707.5K 46.0K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$431.9K 28.1K shares
C Concentric Capital Strategies, LP Hedge Fund•Long/Short	$399.2K 26.0K shares
Vident Advisory, LLC ETF Provider	$317.1K 20.6K shares
CITIZENS FINANCIAL GROUP INC/RI Institution	$255.8K 16.6K shares
Savant Capital, LLC RIA/Wealth	$223.4K 14.5K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$203.0K 13.2K shares

Exited Positions

Institution	Previous Position
T T. Rowe Price Investment Management, Inc. Insurance Manager	$36.2M 2.3M shares
LOOMIS SAYLES & CO L P Long Only Manager	$20.6M 1.3M shares
RIVULET CAPITAL, LLC Hedge Fund•Long/Short	$15.7M 995.8K shares
Owls Nest Partners IA, LLC Hedge Fund•Value	$9.3M 590.8K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$8.1M 517.1K shares
J JANE STREET GROUP, LLC Institution	$5.5M 347.8K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$4.5M 286.9K shares
T TWINBEECH CAPITAL LP Hedge Fund•Quant	$3.4M 213.6K shares
C CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Institution	$3.0M 193.9K shares
Intrinsic Edge Capital Management LLC Hedge Fund•Multi-Strategy	$2.4M 150.0K shares

Options Activity

Institutions with the largest Call and Put options positions in RXO as of Q3 2025

Call Positions: 6
Call Value: $1.7M
Put Positions: 9
Put Value: $12.9M

Call Positions

Institution	Position Value
D D. E. Shaw & Co., Inc. Institution	$779.8K 507.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$283.0K 184.0 contracts
Walleye Trading LLC RIA/Wealth	$267.6K 174.0 contracts
C Cubist Systematic Strategies, LLC Institution	$243.0K 158.0 contracts
J JANE STREET GROUP, LLC Institution	$161.5K 105.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$6.4M 4.1K contracts
Walleye Trading LLC RIA/Wealth	$4.5M 2.9K contracts
D D. E. Shaw & Co., Inc. Institution	$725.9K 472.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$539.8K 351.0 contracts
C Cubist Systematic Strategies, LLC Institution	$438.3K 285.0 contracts
J JANE STREET GROUP, LLC Institution	$216.9K 141.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$83.1K 54.0 contracts
W WOLVERINE TRADING, LLC Institution	- - contracts
P PEAK6 LLC Institution	- - contracts

Most Committed Institutions

Institutions with RXO as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Finepoint Capital LP Hedge Fund•Value	Herbert Schwind Wagner CEO	20.59% $111.8M	4.43% 7.3M shares	Q3 2025 Held for 2 months	$542.9M
M MFN Partners Management, LP Hedge Fund•Value	Farhad Nanji Founder	8.57% $424.1M	16.82% 27.6M shares	Q4 2022 Held for 2y 11m	$5.0B
D Divisar Capital Management LLC Hedge Fund•Long/Short	Steven Richard Baughman CEO	2.24% $8.2M	0.33% 535.9K shares	Q1 2023 Held for 2y 8m	$367.6M
O Orbis Allan Gray Ltd RIA/Wealth	Don Lynn Ray Managing Partner	2.15% $501.0M	19.86% 32.6M shares	Q4 2022 Held for 2y 11m	$23.3B
PENN CAPITAL MANAGEMENT CO INC Long Only Manager	Pamela Marie Lawrence President	1.12% $14.6M	0.58% 944.1K shares	Q1 2024 Held for 1y 8m	$1.3B
D Douglas Lane & Associates, LLC Institution	-	0.85% $59.5M	2.36% 3.9M shares	Q4 2022 Held for 2y 11m	$7.0B
KIRR MARBACH & CO LLC /IN/ Long Only Manager	Mickey Kim Member	0.52% $2.9M	0.12% 189.0K shares	Q4 2022 Held for 2y 11m	$553.9M
M Motley Fool Wealth Management, LLC Institution	-	0.43% $6.3M	0.25% 410.5K shares	Q4 2022 Held for 2y 11m	$1.5B
EFG Asset Management Corp. Long Only Manager	Michael David Clulow CEO	0.41% $3.2M	0.13% 205.1K shares	Q4 2023 Held for 1y 11m	$772.0M
HighVista Strategies LLC Fund of Funds	Richard P Vishton CFO	0.30% $1.2M	0.05% 80.9K shares	Q3 2024 Held for 1y 2m	$413.3M

Hedge Fund Spotlight

Discover hedge funds investing in RXO

Concentric Capital Strategies, LP

Hedge Fund • Long/Short

Portfolio ManagerSeth Adam Turkeltaub

Portfolio Value: $2.1B
Positions: 282
Last Reported: Q3 2025

Sector Allocation

Position in RXO

Market Value: $399.2K
Shares Held: 26.0K
Portfolio Weight: 0.02%
Owned Since: 2025-Q3

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