Hedge Fund Boosts RXO Stake by $10 Million as Stock Outperforms S&P 500

Finepoint Capital LP increased its RXO holdings by 684,829 shares in Q1, lifting its total position to $147.28 million. Finepoint Capital LP disclosed a $10.05 million purchase of 684,829 RXO shares in the first quarter, based on average pricing. The transaction was reveal

Finepoint Capital LP increased its RXO holdings by 684,829 shares in Q1, lifting its total position to $147.28 million.

Finepoint Capital LP disclosed a $10.05 million purchase of 684,829 RXO shares in the first quarter, based on average pricing. The transaction was revealed in a May 14, 2026 SEC filing, raising its total RXO holdings to 10,073,618 shares valued at $147.28 million.

The fund’s net position in RXO grew by $28.60 million for the quarter, factoring in share purchases and price movement. RXO shares closed at $25.58 on Friday, up 62% over the past year, compared to the S&P 500’s 28% gain.

Finepoint’s top holdings include QXO at $269.13 million and RXO at $147.28 million, with smaller positions in ANNA and CLDI. RXO operates an asset-light digital freight marketplace connecting shippers with truckload capacity.

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