RXO Stock Has Surged 75% Since This Fund Made a $10 Million Bet

1 hour ago 2

Jonathan Ponciano, The Motley Fool

Sat, May 30, 2026 astatine 4:00 PM CDT 3 min read

On May 14, 2026, Finepoint Capital LP disclosed a first-quarter bargain of 684,829 RXO (NYSE:RXO) shares, an estimated $10.05 cardinal commercialized based connected quarterly mean pricing.

What happened

According to a SEC filing dated May 14, 2026, Finepoint Capital LP acquired 684,829 further shares of RXO. The estimated transaction worth was $10.05 million, calculated utilizing the mean unadjusted adjacent for the archetypal quarter. At quarter-end, Finepoint held 10,073,618 RXO shares, with the presumption valued astatine $147.28 million. The nett presumption alteration for the quarter, including some stock purchases and terms movement, was $28.60 million.

What other to cognize

Top holdings aft the filing:
- NYSE:QXO: $269.13 million
- NYSE:RXO: $147.28 million
- NASDAQ:ANNA: $229,774
- NYSEMKT:CLDI: $249
As of Friday, RXO shares were priced astatine $25.58, up 62% implicit the past twelvemonth and good outperforming the S&P 500, which is up 28%.

Company overview

Metric

Value

Revenue (TTM)	$5.73 billion
Net Income (TTM)	($105.00 million)
Price (as of Friday)	$25.58

Company snapshot

RXO provides truckload freight brokerage, managed transportation, past mile, and freight forwarding services, chiefly done a proprietary integer freight marketplace.
The institution operates an asset-light concern model, generating gross by connecting shippers with truckload capableness and offering complementary logistics solutions.
Primary customers see businesses crossed assorted industries successful the United States seeking efficient, technology-enabled freight proscription services.

RXO leverages a integer level to optimize logistics and proscription solutions for a wide scope of U.S. industries, focusing connected scalable, asset-light operations.

What this transaction means for investors

Finepoint was already heavy invested successful RXO, but adding to the presumption during the archetypal 4th suggests condemnation that improving manufacture conditions weren't yet reflected successful the banal price, and the timing has surely worked retired truthful far. Shares person surged astir 75% since the extremity of March, indicating the marketplace has started to clasp the aforesaid betterment narrative. But absorption argues the communicative whitethorn inactive beryllium successful its aboriginal innings. CEO Drew Wilkerson said afloat truckload measurement improved each period during the archetypal 4th and pointed to signs of a supply-driven freight betterment arsenic carriers proceed exiting the market. The institution besides expects a "significant sequential improvement" successful second-quarter profitability.

Results different stay mixed. First-quarter gross was fundamentally level astatine $1.43 billion, portion adjusted EBITDA fell to $6 cardinal from $22 cardinal a twelvemonth ago. However, RXO's managed proscription conception won much than $100 cardinal of freight nether absorption during the quarter, and its late-stage income pipeline expanded by much than $200 million.

For semipermanent investors, the cardinal question is whether freight request and pricing proceed improving. Finepoint's increasing $147 cardinal involvement suggests it believes the industry's adjacent upcycle could person considerably much country to run.

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