Vanguard shows zero holdings in QXO Inc (QXO) after internal realignment

Rhea-AI Filing Summary

QXO Inc — Schedule 13G/A (Amendment No. 3): The Vanguard Group filed an amended Schedule 13G reporting 0% beneficial ownership of QXO Inc common stock, with Amount beneficially owned: 0. The filing explains an internal realignment effective January 12, 2026, under SEC Release No. 34-39538, causing certain Vanguard subsidiaries/divisions to report separately. The amendment is signed by Ashley Grim as Head of Global Fund Administration on 03/27/2026. The filing lists the issuer address as 5 American Ln, Greenwich, CT, and the filer address as 100 Vanguard Blvd., Malvern, PA.

Insights

Institutional Ownership Analyst

Vanguard reports zero beneficial ownership following internal reorganization.

The amendment states 0% beneficial ownership and Amount beneficially owned: 0, citing an internal realignment on January 12, 2026 under SEC Release No. 34-39538. The filing explicitly says certain subsidiaries now report separately and Vanguard "no longer has, or is deemed to have, beneficial ownership" of those securities.

Cash‑flow treatment and any per‑subsidiary holdings are not disclosed in this excerpt; subsequent filings by the disaggregated entities would show the actual holder-level positions.

Compliance & SEC Reporting Expert

Amendment aligns reporting with SEC disaggregation guidance; no beneficial stake shown.

The filing references SEC Release No. 34-39538 and describes reporting on a disaggregated basis after an internal reorganization on January 12, 2026. It affirms that Vanguard "no longer has, or is deemed to have, beneficial ownership" over securities held by those subsidiaries or divisions.

Regulatory implication: this is an administrative ownership-reporting change; it does not itself indicate purchases or dispositions by Vanguard in QXO Inc.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

QXO Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

82846H405

(CUSIP Number)

03/13/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 82846H405

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: QXO Inc
(b)	Address of issuer's principal executive offices: 5 American Ln, Greenwich, CT, 06831
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd.,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	03/27/2026

FAQ

What stake does The Vanguard Group report in QXO Inc (QXO)?

The Vanguard Group reports Amount beneficially owned: 0 and Percent of class: 0%. The amendment states holdings are reported separately after an internal realignment under SEC Release No. 34-39538 dated January 12, 2026.

Why does Vanguard show zero ownership in the Schedule 13G/A amendment?

Vanguard explains an internal realignment on January 12, 2026 and reliance on SEC Release No. 34-39538, causing subsidiaries/divisions to report holdings separately; Vanguard states it "no longer has, or is deemed to have, beneficial ownership" of those securities.

When was the amendment to the Schedule 13G signed for QXO Inc?

The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. The filing text cites the internal realignment effective January 12, 2026 as the operational change prompting disaggregation.

Does this filing show any purchases or sales of QXO Inc stock by Vanguard?

No; the amendment reports the ownership position as 0 shares and describes reallocation of reporting among Vanguard entities. The excerpt does not disclose any purchase or sale transactions or cash‑flow treatment.

Where are issuer and filer addresses listed in the filing?

The filing lists the issuer's principal executive office as 5 American Ln, Greenwich, CT, 06831 and the filer address as 100 Vanguard Blvd., Malvern, PA, 19355, per the submitted Schedule 13G/A amendment.