RXONYSETransportation ServicesFiscal year ends December 31
RXO, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$28.50−0.10 (-0.35%)
Close on Oct 19, 2026
- Market cap
- $4.83B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
181M of 165M shares
Institutional holders
304
63 new, 30 sold out
Net institutional buying
-2M
In Q2 2026
Insider trades, 12 months
7 buys · 1 sales
Net bought $6.69M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Wellington Management Company LLP | 9,259,421 | 5.40% | 13G (passive) | Mar 31, 2025 |
| Vanguard Portfolio Management | 9,101,927 | 5.54% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 8,570,903 | 5.21% | 13G (passive) | Mar 31, 2026 |
| Orbis Investment Management Limited | 34,686,304 | 21.10% | 13G (passive) amendment | Mar 31, 2026 |
| MFN Partners Management, LLC | 32,687,269 | 19.30% | 13D (active) | Oct 4, 2026 |
| MFN Partners, LP | 32,154,993 | 19.20% | 13G (passive) amendment | Dec 31, 2024 |
| BlackRock, Inc. | 22,586,665 | 14.00% | 13G (passive) amendment | Dec 31, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of RXO | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Orbis Allan Gray Ltd | 36,397,974 | 22.07% | $1.00B | – | 3.45% |
| MFN Partners Management, LP | 28,109,942 | 17.04% | $775.55M | – | 16.04% |
| BlackRock, Inc. | 25,135,757 | 15.24% | $693.50M | +969,878 | 0.01% |
| Vanguard Portfolio Management LLC | 9,290,827 | 5.63% | $256.33M | +256,028 | 0.01% |
| Vanguard Capital Management LLC | 7,430,859 | 4.51% | $205.02M | +60,375 | 0.00% |
| State Street Corp | 6,658,205 | 4.04% | $183.70M | +89,865 | 0.01% |
| Hood River Capital Management LLC | 6,478,546 | 3.93% | $178.74M | +2,026,330 | 1.30% |
| Finepoint Capital LP | 5,355,445 | 3.25% | $147.76M | −4,718,173 | 5.28% |
| Geode Capital Management, LLC | 4,269,292 | 2.59% | $117.81M | +282,209 | 0.01% |
| Douglas Lane & Associates, LLC | 3,346,342 | 2.03% | $92.33M | −160,184 | 1.25% |
| FIL Ltd | 2,625,000 | 1.59% | $72.42M | −3,925,000 | 0.05% |
| Charles Schwab Investment Management Inc | 2,613,414 | 1.58% | $72.10M | +7,755 | 0.01% |
| Maple Rock Capital Partners Inc. | 2,583,655 | 1.57% | $71.28M | New | 1.40% |
| Dimensional Fund Advisors LP | 2,441,326 | 1.48% | $67.35M | +392,423 | 0.01% |
| Boston Partners | 2,207,594 | 1.34% | $60.91M | −289,422 | 0.05% |
| Goldman Sachs Group Inc | 1,983,060 | 1.20% | $54.71M | +874,187 | 0.00% |
| Northern Trust Corp | 1,711,702 | 1.04% | $47.23M | +212,541 | 0.01% |
| Morgan Stanley | 1,706,328 | 1.03% | $47.08M | +457,314 | 0.00% |
| Invesco Ltd. | 1,213,400 | 0.74% | $33.48M | −148,994 | 0.00% |
| Emerald Advisers, LLC | 1,174,517 | 0.71% | $32.40M | +736,046 | 0.76% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 304 | 181M | 100.0% | 63 / 102 | 82 / 30 | 16M | 18M |
| Q1 2026 | 276 | 184M | 100.0% | 52 / 93 | 77 / 41 | 36M | 12M |
| Q4 2025 | 270 | 177M | 100.0% | 51 / 76 | 103 / 42 | 13M | 14M |
| Q3 2025 | 266 | 178M | 100.0% | 40 / 102 | 75 / 40 | 18M | 13M |
| Q2 2025 | 268 | 173M | 100.0% | 54 / 99 | 70 / 41 | 13M | 14M |
| Q1 2025 | 257 | 175M | 100.0% | 26 / 92 | 85 / 43 | 17M | 9M |
| Q4 2024 | 279 | 170M | 100.0% | 39 / 115 | 61 / 35 | 16M | 10M |
| Q3 2024 | 281 | 164M | 99.5% | 62 / 105 | 55 / 22 | 66M | 5M |
| Q2 2024 | 243 | 120M | 72.9% | 31 / 83 | 76 / 27 | 8M | 7M |
| Q1 2024 | 241 | 119M | 72.4% | 30 / 65 | 81 / 43 | 7M | 5M |
| Q4 2023 | 256 | 117M | 71.1% | 28 / 73 | 92 / 21 | 8M | 5M |
| Q3 2023 | 251 | 114M | 69.4% | 18 / 73 | 81 / 42 | 8M | 6M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of RXO | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 9,936,003 | 6.02% | $274.13M | 0.25% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 5,233,866 | 3.17% | $144.40M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 4,305,814 | 2.61% | $118.80M | 0.14% | Jun 30, 2026 |
| Hood River Small-Cap Growth Fund | 4,302,694 | 2.61% | $118.71M | 1.78% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 3,783,643 | 2.29% | $104.39M | 0.06% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 2,178,434 | 1.32% | $60.10M | 0.13% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,891,975 | 1.15% | $52.20M | 0.05% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,834,060 | 1.11% | $37.14M | 0.11% | Jul 31, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 1,509,299 | 0.92% | $41.64M | 0.25% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 1,492,763 | 0.91% | $41.19M | 0.28% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Value ETF | 1,419,774 | 0.86% | $39.17M | 0.49% | Jun 30, 2026 |
| Vanguard Tax-Managed Small-Cap Fund | 1,110,066 | 0.67% | $30.63M | 0.27% | Jun 30, 2026 |
| State Street(R) SPDR(R) S & P 600(TM) Small Cap Value ETF | 858,928 | 0.52% | $23.70M | 0.49% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 842,948 | 0.51% | $21.56M | 0.05% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 835,410 | 0.51% | $21.37M | 0.12% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Andrew M. Wilkerson | Chief Executive Officer, Director | 442,100 | 0.27% | May 19, 2026 |
| James E. Harris | Chief Financial Officer | 166,402 | 0.10% | Sep 29, 2026 |
| Jeffrey D. Firestone | Chief Legal Officer | 117,276 | 0.07% | Aug 25, 2026 |
| Daniel S. Morris | Chief Accounting Officer | 9,715 | 0.01% | May 18, 2026 |
| Jason S. Kerr | Chief Accounting Officer | 48,443 | 0.03% | Mar 24, 2026 |
| Michelle Nettles | Director | 23,230 | 0.01% | Jan 6, 2026 |
| Thomas A. Szlosek | Director | 86,050 | 0.05% | Jan 6, 2026 |
| Adrian Kingshott | Director | 91,137 | 0.06% | Jan 6, 2026 |
| Troy A. Cooper | Director | 283,161 | 0.17% | Jan 6, 2026 |
| Christine S. Breves | Director | 34,275 | 0.02% | Jan 6, 2026 |
| Mary E. Kissel | Director | 35,137 | 0.02% | Jan 6, 2026 |
| Stephen M. Renna | Director | 30,875 | 0.02% | Jan 6, 2026 |
| S. Jacobs Bradley | Director | 2,362,921 | 1.43% | Jan 6, 2025 |
| MFN Partners Management, LLC | 10% owner | 17,310,795 | 10.50% | Feb 17, 2026 |
| MFN Partners, LP | 10% owner | 17,310,856 | 10.50% | Feb 17, 2026 |
| MFN Partners Management, LP | 10% owner | 17,310,434 | 10.50% | Feb 17, 2026 |
| MFN Partners GP, LLC | 10% owner | 28,109,942 | 17.04% | Feb 17, 2026 |
| Michael DeMichele | 10% owner | 16,975,369 | 10.29% | Feb 17, 2026 |
| Farhad Nanji | 10% owner | 27,577,666 | 16.72% | Feb 17, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| James E. Harris Chief Financial Officer | Sep 26, 2026 | Tax withholding | −27,858 | $19.79 | $551.31K | 166,402 |
| James E. Harris Chief Financial Officer | Sep 26, 2026 | Option exercise | +64,129 | – | – | 194,260 |
| Jeffrey D. Firestone Chief Legal Officer | Aug 22, 2026 | Tax withholding | −11,172 | $22.54 | $251.82K | 117,276 |
| Jeffrey D. Firestone Chief Legal Officer | Aug 22, 2026 | Option exercise | +25,716 | – | – | 128,448 |
| Andrew M. Wilkerson Chief Executive Officer, Director | May 15, 2026 | Gift | +168,943 | – | – | 430,475 |
| Andrew M. Wilkerson Chief Executive Officer, Director | May 15, 2026 | Gift | −168,943 | – | – | 7,775 |
| Andrew M. Wilkerson Chief Executive Officer, Director | May 2, 2026 | Tax withholding | −40,370 | $19.59 | $790.85K | 162,558 |
| Andrew M. Wilkerson Chief Executive Officer, Director | May 2, 2026 | Option exercise | +92,931 | – | – | 202,928 |
| James E. Harris Chief Financial Officer | Mar 22, 2026 | Tax withholding | −5,643 | $13.23 | $74.66K | 130,131 |
| James E. Harris Chief Financial Officer | Mar 22, 2026 | Option exercise | +12,989 | – | – | 135,774 |
| Jason S. Kerr Chief Accounting Officer | Mar 22, 2026 | Tax withholding | −882 | $13.23 | $11.67K | 48,443 |
| Jason S. Kerr Chief Accounting Officer | Mar 22, 2026 | Option exercise | +2,030 | – | – | 49,325 |
| Andrew M. Wilkerson Chief Executive Officer, Director | Mar 22, 2026 | Tax withholding | −22,923 | $13.23 | $303.27K | 109,997 |
| Andrew M. Wilkerson Chief Executive Officer, Director | Mar 22, 2026 | Option exercise | +52,768 | – | – | 132,920 |
| Jeffrey D. Firestone Chief Legal Officer | Mar 22, 2026 | Option exercise | +11,771 | – | – | 107,846 |
| Jeffrey D. Firestone Chief Legal Officer | Mar 22, 2026 | Tax withholding | −5,114 | $13.23 | $67.66K | 102,732 |
| James E. Harris Chief Financial Officer | Feb 28, 2026 | Tax withholding | −5,660 | $15.96 | $90.33K | 122,785 |
| James E. Harris Chief Financial Officer | Feb 28, 2026 | Option exercise | +13,028 | – | – | 128,445 |
| Jason S. Kerr Chief Accounting Officer | Feb 28, 2026 | Tax withholding | −993 | $15.96 | $15.85K | 47,295 |
| Jason S. Kerr Chief Accounting Officer | Feb 28, 2026 | Option exercise | +2,036 | – | – | 48,288 |
| Jeffrey D. Firestone Chief Legal Officer | Feb 28, 2026 | Tax withholding | −3,891 | $15.96 | $62.10K | 96,075 |
| Jeffrey D. Firestone Chief Legal Officer | Feb 28, 2026 | Option exercise | +8,957 | – | – | 99,966 |
| Andrew M. Wilkerson Chief Executive Officer, Director | Feb 28, 2026 | Option exercise | +52,923 | – | – | 103,142 |
| Andrew M. Wilkerson Chief Executive Officer, Director | Feb 28, 2026 | Tax withholding | −22,990 | $15.96 | $366.92K | 80,152 |
| Andrew M. Wilkerson Chief Executive Officer, Director | Feb 23, 2026 | Tax withholding | −35,379 | $14.66 | $518.66K | 50,219 |
| Andrew M. Wilkerson Chief Executive Officer, Director | Feb 23, 2026 | Option exercise | +80,867 | – | – | 85,598 |
| Jason S. Kerr Chief Accounting Officer | Feb 23, 2026 | Tax withholding | −2,563 | $14.66 | $37.57K | 46,252 |
| Jason S. Kerr Chief Accounting Officer | Feb 23, 2026 | Option exercise | +5,257 | – | – | 48,815 |
| James E. Harris Chief Financial Officer | Feb 23, 2026 | Option exercise | +21,834 | – | – | 125,225 |
| James E. Harris Chief Financial Officer | Feb 23, 2026 | Tax withholding | −9,808 | $14.66 | $143.79K | 115,417 |
| Jeffrey D. Firestone Chief Legal Officer | Feb 23, 2026 | Option exercise | +16,174 | – | – | 98,393 |
| Jeffrey D. Firestone Chief Legal Officer | Feb 23, 2026 | Tax withholding | −7,384 | $14.66 | $108.25K | 91,009 |
| MFN Partners GP, LLC 10% owner | Feb 12, 2026 | Buy | +532,276 | $12.00 | $6.39M | 28,109,942 |
| Christine S. Breves Director | Jan 2, 2026 | Option exercise | +7,745 | – | – | 34,275 |
| Troy A. Cooper Director | Jan 2, 2026 | Option exercise | +7,745 | – | – | 283,161 |
| Stephen M. Renna Director | Jan 2, 2026 | Option exercise | +7,745 | – | – | 30,875 |
| Mary E. Kissel Director | Jan 2, 2026 | Option exercise | +7,745 | – | – | 35,137 |
| Troy A. Cooper Director | Nov 20, 2025 | Buy | +8,317 | $10.61 | $88.24K | 275,416 |
| Adrian Kingshott Director | Nov 17, 2025 | Buy | +9,350 | $10.75 | $100.51K | 91,137 |
| Adrian Kingshott Director | Nov 17, 2025 | Buy | +9,350 | $10.75 | $100.51K | 91,137 |
| Andrew M. Wilkerson Chief Executive Officer, Director | Nov 14, 2025 | Tax withholding | −684 | $10.86 | $7.43K | 4,731 |
| Andrew M. Wilkerson Chief Executive Officer, Director | Nov 14, 2025 | Option exercise | +1,565 | – | – | 5,415 |
| Jason S. Kerr Chief Accounting Officer | Nov 10, 2025 | Sale | −33,343 | $11.57 | $385.78K | 43,558 |
| Andrew M. Wilkerson Chief Executive Officer, Director | Nov 10, 2025 | Buy | +3,850 | $12.80 | $49.28K | 3,850 |
| Andrew M. Wilkerson Chief Executive Officer, Director | Nov 10, 2025 | Buy | +7,775 | $12.88 | $100.14K | 7,775 |
| Thomas A. Szlosek Director | Nov 7, 2025 | Buy | +20,308 | $12.37 | $251.21K | 36,508 |
| Thomas A. Szlosek Director | Nov 7, 2025 | Gift | −13,034 | – | – | 0 |
| Thomas A. Szlosek Director | Nov 7, 2025 | Gift | −36,508 | – | – | 0 |
| Andrew M. Wilkerson Chief Executive Officer, Director | Oct 15, 2025 | Gift | −0 | – | – | 271,767 |
| Jason S. Kerr Chief Accounting Officer | Oct 3, 2025 | Tax withholding | −9,518 | $16.64 | $158.38K | 76,901 |
| James E. Harris Chief Financial Officer | Sep 26, 2025 | Tax withholding | −28,025 | $14.94 | $418.69K | 103,391 |
| James E. Harris Chief Financial Officer | Sep 26, 2025 | Option exercise | +64,130 | – | – | 131,416 |
| Jeffrey D. Firestone Chief Legal Officer | Aug 31, 2025 | Tax withholding | −7,544 | $16.33 | $123.19K | 82,219 |
| Jeffrey D. Firestone Chief Legal Officer | Aug 31, 2025 | Option exercise | +17,262 | – | – | 89,763 |
| Jeffrey D. Firestone Chief Legal Officer | Aug 22, 2025 | Option exercise | +25,716 | – | – | 83,739 |
| Jeffrey D. Firestone Chief Legal Officer | Aug 22, 2025 | Tax withholding | −11,238 | $16.97 | $190.71K | 72,501 |
| Thomas A. Szlosek Director | May 14, 2025 | Buy | +7,500 | $16.65 | $124.87K | 16,200 |
| Thomas A. Szlosek Director | May 9, 2025 | Buy | +8,700 | $14.41 | $125.37K | 8,700 |
| Andrew M. Wilkerson Chief Executive Officer, Director | May 2, 2025 | Tax withholding | −40,612 | $14.76 | $599.43K | 271,767 |
| Andrew M. Wilkerson Chief Executive Officer, Director | May 2, 2025 | Option exercise | +92,932 | – | – | 312,379 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| S. Kerr Jason Officer | Nov 10, 2025 | 33,343 | $494.75K | Nov 10, 2025 | Performance Shares |