Qxo Inc (QXO) Institutional Ownership & 13F Filings (Q2 2026)

QXO has appointed Ken West as its new President and Chief Operating Officer, effective September 1, 2026. West, who is 49, brings more than 20 years of experience leading large industrial businesses — most recently holding several senior roles at Honeywell, including CEO of its Process Technology division, after spending 13 years earlier in his career at PPG Industries. His package includes an $850,000 base salary, a target bonus of 125% of salary, $5.5 million in sign-on restricted stock units vesting over four years, $2.5 million in new-hire RSUs that vest after one month (with a repayment obligation if he leaves early), and prorated 2026 long-term incentives of roughly $1.74 million split evenly between time-based RSUs and performance shares tied to shareholder returns versus the S&P 500.

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QXO filed a prospectus supplement on July 23, 2026, to register shares for resale by certain selling stockholders. The supplement covers up to 41,405,099 shares of common stock issuable upon conversion of Series C Convertible Perpetual Preferred Stock, and 96,267 shares of the preferred stock itself. This filing fulfills the company's registration obligations under a January 2026 investment agreement.

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QXO, Inc., through its subsidiary QXO Building Products, entered into a $3.0 billion incremental term loan facility on July 1, 2026. The funds, together with other proceeds, were used to finance the TopBuild acquisition and pay related fees. The loan matures on July 1, 2033, and bears interest at SOFR or base rate plus a margin.

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