activist stake disclosed

RXO RXO, Inc.

as of Mon 5 Oct 2026 · 33d ago

Event 5 Oct 2026 · published the same day — from Schedule 13D filings

MFN Partners, LP disclosed a 19.3% stake in RXO (Schedule 13D filed 5 Oct 2026).

Orin's take

MFN Partners' 19.3% stake reinforces the buy thesis: a deep-value fund taking a near-20% position at a 0.54 P/S suggests the freight recovery is underappreciated.

What would change this read

RXO's Q3 2026 earnings show a sequential drop in truckload gross profit per load, signaling the cycle has not turned.

The facts

MFN Partners, LP filed a Schedule 13D, reporting 19.3% of the class.

Filer: MFN Partners, LP
Form: 13D
Stake: 19.3% of the class
Filed: 5 Oct 2026
Filing: 0001193125-26-414547

Sources

1 Schedule 13D filing0001193125-26-414547

Signals are informational research, not individualized investment advice.