RXO (RXO)

RXO Corporate Solutions, LLC • RXO Capacity Solutions, LLC • RXO Express, LLC • RXO Air Transport, LLC • RXO Managed Transport, LLC • RXO Freight Forwarding, Inc. • RXO Last Mile Holding, Inc. • RXO Last Mile, Inc. ...

IRS number

882183384

Latest filings (excl ownership)

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7 Nov 23

RXO Announces Results for Third-Quarter 2023, Including 18 Percent Brokerage Volume Growth

2 Aug 23

RXO Announces Results for Second Quarter 2023, Including Double-Digit Brokerage Volume Growth

2 Aug 23

8-K

Submission of Matters to a Vote of Security Holders

3 May 23

RXO Reports Solid First-Quarter Performance Driven by Market Share Gains, Strong Profitability and Cash Flow

3 May 23

DEFA14A

Additional proxy soliciting materials

Transcripts

Earnings call transcript

2023 Q3

7 Nov 23

Latest ownership filings

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Financial summary

Financial statements Chart RXO financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

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)	104.00 mm	104.00 mm	104.00 mm	104.00 mm	104.00 mm	104.00 mm
Cash burn (monthly)	6.67 mm	6.92 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	15.15 mm	15.72 mm	n/a	n/a	n/a	n/a
Cash remaining	88.85 mm	88.28 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	13.3	12.8	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from RXO earnings reports.

Institutional ownership, Q3 2023

RXO institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	248	268	-7.5%
Opened positions	20	38	-47.4%
Closed positions	40	43	-7.0%
Increased positions	71	80	-11.3%
Reduced positions	76	79	-3.8%

13F shares	Current	Prev Q	Change
Total value	2.12 tn	2.41 tn	-12.0%
Total shares	135.93 mm	134.65 mm	+0.9%
Total puts	1.15 mm	383.90 k	+200.8%
Total calls	198.20 k	543.10 k	-63.5%
Total put/call ratio	5.8	0.7	+724.2%

Largest owners	Shares	Value	Change
BLK Blackrock	18.07 mm	$356.53 bn	-2.5%
Orbis Allan Gray	16.87 mm	$332.92 bn	+5.6%
Orbis Investment Management	15.28 mm	$0.00	0.0%
Vanguard	13.28 mm	$261.93 bn	-0.9%
MFN Partners Management	12.68 mm	$250.09 bn	0.0%
MFN Partners	12.68 mm	$0.00	0.0%
STT State Street	4.62 mm	$91.20 bn	+2.5%
FMR	2.99 mm	$58.91 bn	-39.6%
Frontier Capital Management	2.56 mm	$50.47 bn	+20.5%
Geode Capital Management	2.34 mm	$46.08 bn	+4.2%

Largest transactions	Shares	Bought/sold	Change
FMR	2.99 mm	-1.96 mm	-39.6%
Orbis Allan Gray	16.87 mm	+893.69 k	+5.6%
Jacobs Levy Equity Management	868.82 k	+646.54 k	+290.9%
Hood River Capital Management	855.63 k	-604.18 k	-41.4%
Motley Fool Wealth Management	627.81 k	+512.33 k	+443.6%
AMP Ameriprise Financial	893.56 k	+477.69 k	+114.9%
BLK Blackrock	18.07 mm	-457.36 k	-2.5%
Frontier Capital Management	2.56 mm	+434.52 k	+20.5%
Silvercrest Asset Management	726.65 k	+420.59 k	+137.4%
GS Goldman Sachs	774.40 k	+382.80 k	+97.8%

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

RXO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Nov 23	MFN Partners	Common Stock	Buy	Acquire P	No	No	19.93	23,223	462.83 k	13,008,225
20 Nov 23	MFN Partners	Common Stock	Buy	Acquire P	No	No	19.74	43,678	862.20 k	12,985,002
17 Nov 23	Christine S Breves	Common Stock	Buy	Acquire P	No	No	19.9	5,100	101.49 k	6,948
17 Nov 23	MFN Partners	Common Stock	Buy	Acquire P	No	No	19.84	26,648	528.70 k	12,941,324
16 Nov 23	MFN Partners	Common Stock	Buy	Acquire P	No	No	19.69	69,307	1.36 mm	12,914,676
15 Nov 23	MFN Partners	Common Stock	Buy	Acquire P	No	No	19.67	100,000	1.97 mm	12,845,369
14 Nov 23	Andrew M. Wilkerson	Common Stock	Payment of exercise	Dispose F	No	No	20.02	1,384	27.71 k	64,420
14 Nov 23	Andrew M. Wilkerson	Common Stock	Option exercise	Acquire M	No	No	0	3,131	0.00	65,804
14 Nov 23	Andrew M. Wilkerson	RSU Common Stock	Option exercise	Dispose M	No	No	0	3,131	0.00	582,983
14 Nov 23	MFN Partners	Common Stock	Buy	Acquire P	No	No	19.56	39,478	772.19 k	12,745,369