Hedge Fund Adds to RXO Position, According to Recent SEC Filing

4 hours ago 5

Jake Lerch, The Motley Fool

Mon, May 25, 2026 astatine 10:26 AM CDT 4 min read

RXO (NYSE:RXO) saw MFN Partners Management, LP disclose a bargain of 532,276 shares, with an estimated transaction worth of $7.81 cardinal based connected quarterly mean pricing, successful its May 14, 2026, SEC filing.

What happened

According to a May 14, 2026, SEC filing, MFN Partners Management, LP bought 532,276 further shares of RXO. The estimated worth of this commercialized was $7.81 million, calculated utilizing the mean unadjusted closing terms of RXO for the archetypal 4th of 2026. The fund’s quarter-end presumption successful RXO accrued successful worth by $62.39 million, reflecting the interaction of some caller purchases and stock terms changes.

What other to cognize

Following the buy, RXO accounts for 8.61% of MFN Partners Management, LP’s reportable 13F assets.

Top holdings aft the filing:

NYSE: XPO: $2,222,805,539 (46.6% of AUM)
NASDAQ: TLN: $957,690,000 (20.1% of AUM)
NYSE: QXO: $455,483,477 (9.5% of AUM)
NYSE: RXO: $410,967,352 (8.6% of AUM)
NYSE: PFSI: $396,078,621 (8.3% of AUM)

As of May 13, 2026, RXO shares were priced astatine $19.81, up 19.19% implicit the past year, underperforming the S&P 500 by 7.27 percent points.

Company Overview

Metric

Value

Revenue (TTM)	$5.73 billion
Net Income (TTM)	($105.00 million)
Price (as of marketplace adjacent May 13, 2026)	$19.81
One-Year Price Change	19.19%

Company Snapshot

Provides truckload freight brokerage, managed transportation, last-mile, and freight forwarding services done a proprietary integer freight marketplace.
Operates an asset-light concern model, generating gross by connecting shippers with disposable trucking capableness and earning fees for brokering proscription services.
Serves a wide scope of commercialized customers crossed the United States, focusing connected shippers seeking efficient, technology-driven freight solutions.

RXO is simply a starring supplier of truckload freight brokerage services successful the United States, leveraging a proprietary integer level to lucifer shippers with proscription capacity. The institution operates astatine scale, with implicit $5.7 cardinal successful yearly revenue, and emphasizes technology- and data-driven solutions to heighten ratio and work quality. RXO's asset-light strategy and diversified work offerings presumption it competitively wrong the proscription and logistics sector.

What this transaction means for investors

MFN Partners Management, a Boston-based hedge fund, precocious disclosed the acquisition of astir 532,000 shares of RXO, valued astatine astir $7.8 million, during the archetypal 4th (the 3 months ended March 31, 2026). Here are immoderate cardinal takeaways for investors.

To begin, RXO, a proscription stock, has performed good this year. Shares person precocious by 93% year-to-date, greatly outperforming the S&P 500, which has gained astir 10% truthful acold this year.

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