QXO (QXO)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.31 bn	2.31 bn	2.31 bn	2.31 bn	2.31 bn	2.31 bn
Cash burn (monthly)	(no burn)	227.49 mm	(no burn)	23.58 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	549.96 mm	n/a	57.01 mm	n/a	n/a
Cash remaining	n/a	1.76 bn	n/a	2.25 bn	n/a	n/a
Runway (months of cash)	n/a	7.7	n/a	95.6	n/a	n/a

Beta Read what these cash burn values mean

Financial data from QXO earnings reports.

Institutional ownership, Q4 2024

QXO institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	186	134	+38.8%
Opened positions	71	124	-42.7%
Closed positions	19	1	+1800.0%
Increased positions	54	6	+800.0%
Reduced positions	34	0	NEW

13F shares	Current	Prev Q	Change
Total value	5.03 tn	4.61 tn	+9.2%
Total shares	873.30 mm	877.37 mm	-0.5%
Total puts	588.00 k	516.60 k	+13.8%
Total calls	479.10 k	329.40 k	+45.4%
Total put/call ratio	1.2	1.6	-21.7%

Largest owners	Shares	Value	Change
Jacobs Private Equity II	394.22 mm	$80.97 bn	0.0%
Orbis Investment Management	109.41 mm	$1.37 bn	0.0%
Orbis Allan Gray	109.41 mm	$1.74 tn	0.0%
MFN Partners Management	46.91 mm	$745.85 bn	-13.0%
MFN Partners	46.91 mm	$629.52 mm	-14.3%
Finepoint Capital	24.93 mm	$396.45 bn	-3.2%
Affinity Partners GP	16.41 mm	$260.94 bn	NEW
MS Morgan Stanley	11.88 mm	$188.84 bn	+124.9%
Madrone Advisors	10.94 mm	$173.96 bn	0.0%
T. Rowe Price Investment Management	10.89 mm	$173.09 mm	+3.0%

Largest transactions	Shares	Bought/sold	Change
AustralianSuper Pty	0.00	-20.88 mm	EXIT
Affinity Partners GP	16.41 mm	+16.41 mm	NEW
MFN Partners	46.91 mm	-7.80 mm	-14.3%
MFN Partners Management	46.91 mm	-7.00 mm	-13.0%
MS Morgan Stanley	11.88 mm	+6.60 mm	+124.9%
BlackRock	9.61 mm	+5.64 mm	+142.4%
FHI Federated Hermes	3.18 mm	+3.18 mm	NEW
Balyasny Asset Management	0.00	-2.99 mm	EXIT
Consulta	4.00 mm	-2.60 mm	-39.4%
Vanguard	10.04 mm	+1.98 mm	+24.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

QXO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
16 Jul 25	Christopher J. Signorello	Performance Stock Unit Common Stock	Grant	Acquire A	No	No	50,000	50,000
12 May 25	Jason W Aiken	Common Stock, $0.00001 par value	Option exercise	Acquire M	No	No	14,523	14,523
12 May 25	Jason W Aiken	RSU Common Stock	Option exercise	Dispose M	No	No	14,523	0
12 May 25	Jason W Aiken	RSU Common Stock	Grant	Acquire A	No	No	12,111	12,111
12 May 25	Marlene M Colucci	Common Stock, $0.00001 par value	Option exercise	Acquire M	No	No	14,523	14,523
12 May 25	Marlene M Colucci	RSU Common Stock	Option exercise	Dispose M	No	No	14,523	0
12 May 25	Marlene M Colucci	RSU Common Stock	Grant	Acquire A	No	No	12,111	12,111
12 May 25	Mario A Harik	Common Stock, $0.00001 par value	Option exercise	Acquire M	No	No	14,523	14,523
12 May 25	Mario A Harik	RSU Common Stock	Option exercise	Dispose M	No	No	14,523	0
12 May 25	Mario A Harik	RSU Common Stock	Grant	Acquire A	No	No	12,111	12,111

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Loop Capital Initiates Coverage On QXO with Buy Rating, Announces Price Target of $31

12 Dec 25

Loop Capital analyst Garik Shmois initiates coverage on QXO (NYSE:QXO) with a Buy rating and announces Price Target of $31.

10 Industrials Stocks With Whale Alerts In Today's Session

21 Nov 25

Earnings Scheduled For November 6, 2025

6 Nov 25

QXO Reports Q3 Preliminary Net Sales Of $2.73B And Adj. Net Income Of $121M Or $0.14 Per Share

28 Oct 25

10 Industrials Stocks With Whale Alerts In Today's Session

24 Oct 25

Press releases

From Benzinga Pro

QXO Announces Launch of Term Loan Refinancing

28 Oct 25

QXO, Inc. ("QXO" or the "Company") (NYSE:QXO) today launched a refinancing of its Term Loan B. The refinancing is subject to market and other conditions, and no assurances are made that the Company will consummate the