[SCHEDULE 13G/A] SilverSun Technologies, Inc. Common Stock SEC Filing
QXO, Inc. is reported as having 18,012,103 ordinary shares beneficially owned by AustralianSuper Pty Ltd, equal to 2.68% of the class. The filing states AustralianSuper has sole voting and sole dispositive power over those shares. The reporting person is identified as a financial institution/employee benefit plan or investment company and certifies the securities were acquired and are held in the ordinary course of business and not to influence control of the issuer. This filing therefore documents a passive, institutional stake of modest size rather than a change in control.
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Insights
TL;DR: A modest institutional stake: 18.01M shares (2.68%), reported as held in the ordinary course, so limited near-term market impact.
The report shows AustralianSuper Pty Ltd beneficially owns 18,012,103 shares, representing 2.68% of QXO, Inc.'s ordinary shares, with sole voting and dispositive authority. The filing includes an explicit certification that the position was not acquired to influence control, consistent with a passive Schedule 13G filing. For investors, this is a disclosure of an institutional investor taking a non-controlling position; it does not, on its face, indicate strategic influence, board intent, or material revaluation of the company.
TL;DR: Sole voting power reported but stake is under 5%, and the filer certifies no intent to change control—governance impact is minimal.
The filing records that AustralianSuper holds sole voting and dispositive power over the reported shares but represents only 2.68% of the class. The certification in the filing states the position was not acquired to influence control, which implies a passive holding from a governance perspective. There is no indication in the document of coordination with other holders, nomination activity, or plans to seek board representation.