Morgan Stanley holds 8.6% stake in QXO
Morgan Stanley and Morgan Stanley Investment Management Inc. report significant passive ownership stakes in QXO, Inc. common stock.
Rhea-AI Filing Summary
Morgan Stanley and Morgan Stanley Investment Management Inc. report significant passive ownership stakes in QXO, Inc. common stock. As of the event date, they beneficially own 57,700,582 shares, representing 8.6% of the outstanding common stock.
They report no sole voting or dispositive power, but shared voting power over 51,435,347 shares and shared dispositive power over 57,700,582 shares. The firms state that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of QXO. The filing is signed by authorized signatories for both entities.
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FAQ
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What percentage of QXO (QXO) does Morgan Stanley report owning?
Does Morgan Stanley control QXO (QXO) through this ownership stake?
What is Morgan Stanley Investment Management Inc.’s reported stake in QXO (QXO)?
What type of investor is Morgan Stanley in relation to QXO (QXO)?
Why did Morgan Stanley file a Schedule 13G/A regarding QXO (QXO)?
AI-generated analysis. How Rhea-AI works. Not financial advice.