Baillie Gifford & Co (QXO) discloses 47.9M QXO shares, a 6.6% ownership stake

Rhea-AI Filing Summary

Baillie Gifford & Co, an investment adviser organized in Scotland, reports beneficial ownership of 47,867,886 shares of QXO, Inc. common stock, representing 6.60% of the class. It has sole voting power over 27,213,875 shares and sole dispositive power over 47,867,886 shares, with no shared voting or dispositive power. The shares are held by Baillie Gifford & Co and/or its investment adviser subsidiaries on behalf of investment advisory clients, including institutional investors and funds.

Key Figures

Beneficially owned shares: 47,867,886 shares Percent of class: 6.60% Sole voting power: 27,213,875 shares +5 more

8 metrics

Beneficially owned shares 47,867,886 shares Shares of QXO, Inc. common stock beneficially owned by Baillie Gifford & Co

Percent of class 6.60% Percentage of QXO, Inc. common stock class beneficially owned

Sole voting power 27,213,875 shares Shares over which Baillie Gifford & Co has sole power to vote

Shared voting power 0 shares Shares over which Baillie Gifford & Co has shared power to vote

Sole dispositive power 47,867,886 shares Shares over which Baillie Gifford & Co has sole power to dispose

Shared dispositive power 0 shares Shares over which Baillie Gifford & Co has shared power to dispose

CUSIP 82846H405 CUSIP number for QXO, Inc. common stock

Ownership date reference 06/30/2026 Date associated with reported ownership information

Key Terms

beneficially owned, sole voting power, sole dispositive power, investment adviser, +1 more

5 terms

beneficially owned financial

"Securities reported on this as being beneficially owned by Baillie Gifford & Co."

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole voting power financial

"Sole Voting Power 27,213,875.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"Sole Dispositive Power 47,867,886.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

investment adviser financial

"Securities reported on this as being beneficially owned by Baillie Gifford & Co. are held by Baillie Gifford & Co. and/or one or more of its investment adviser subsidiaries"

An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.

percent of class financial

"Percent of class: 6.60 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/03/2026 - 09:50 AM Accepted by SEC EDGAR 08/03/2026 - 09:49 AM Learn about SEC filing dates

FAQ

How many QXO (QXO) shares does Baillie Gifford & Co report owning?

Baillie Gifford & Co reports beneficial ownership of 47,867,886 shares of QXO, Inc. common stock. This position reflects shares held by Baillie Gifford and its investment adviser subsidiaries on behalf of various investment advisory clients.

What percentage of QXO (QXO) does Baillie Gifford & Co beneficially own?

Baillie Gifford & Co reports beneficial ownership of 6.60% of QXO, Inc.’s common stock. This percentage is based on the company’s outstanding shares and reflects holdings for multiple underlying advisory clients.

How much voting power does Baillie Gifford & Co have in QXO (QXO)?

Baillie Gifford & Co has sole voting power over 27,213,875 QXO shares and no shared voting power. Voting authority is therefore limited to a subset of its total reported beneficial ownership.

What dispositive power does Baillie Gifford & Co report over QXO (QXO) shares?

Baillie Gifford & Co reports sole dispositive power over 47,867,886 QXO shares and no shared dispositive power. Dispositive power refers to the authority to decide whether and when to sell or otherwise dispose of the shares.

On whose behalf does Baillie Gifford & Co hold its QXO (QXO) position?

The QXO shares reported as beneficially owned by Baillie Gifford & Co are held on behalf of investment advisory clients, including registered investment companies, employee benefit plans, pension funds, and other institutional clients.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

QXO, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

82846H405

(CUSIP Number)

06/30/2026

(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

BAILLIE GIFFORD & CO

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

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 27,213,875.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 47,867,886.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

47,867,886.00

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)

6.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: QXO, Inc.
(b)	Address of issuer's principal executive offices: FIVE AMERICAN LANE, GREENWICH, CONNECTICUT, 06831.
Item 2.
(a)	Name of person filing: Baillie Gifford & Co
(b)	Address or principal business office or, if none, residence: 3 Haymarket Square Edinburgh EH3 8RY
(c)	Citizenship: Scotland
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 82846H405
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).
	Investment Adviser
Item 4.	Ownership
(a)	Amount beneficially owned: 47,867,886
(b)	Percent of class: 6.60 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 27,213,875
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 47,867,886
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
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. Securities reported on this Schedule 13G as being beneficially owned by Baillie Gifford & Co. are held by Baillie Gifford & Co. and/or one or more of its investment adviser subsidiaries, which may include Baillie Gifford Overseas Limited, on behalf of investment advisory clients, which may include investment companies registered under the Investment Company Act, employee benefit plans, pension funds or other institutional clients.
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. By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Investment Adviser is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

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.

BAILLIE GIFFORD & CO

Signature:	Grant Meikle
Name/Title:	Regulatory Reporting Manager
Date:	08/03/2026