Lionstone Capital Management LLC: QXO INC (QXO): Quarterly 13F Position History
As of Q1 2026, Lionstone Capital Management LLC reported 2,332,662 shares of QXO INC (QXO), worth $45.3M and representing 11.0% of its 13F equity book. The position first appeared in Q2 2025 and has been disclosed across 4 13F-HR filings in Pactolio's tracked window.
- 2,332,662Shares Held (Latest Filing)
- $45.3MReported Market Value (Latest Filing)
- 11.0%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- +$303.2KQuarter-over-Quarter Value Change
- 2,332,662Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 4 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,332,662 | 0 | — | $45.3M | 11.0% | $19.4 |
| Q4 2025 | 2,332,662 | +211,450 | +10.0% | $45.0M | 10.4% | $19.3 |
| Q3 2025 | 2,121,212 | 0 | — | $40.4M | 9.4% | $19.1 |
| Q2 2025 | 2,121,212 | — | — | $45.7M | 11.0% | $21.5 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Lionstone Capital Management LLC first disclose a QXO position in 13F-HR filings?
Lionstone Capital Management LLC first reported QXO INC (QXO) on its 13F-HR filing for the period ending 2025-06-30 (Q2 2025). The position has appeared on 4 reported quarters within Pactolio's tracked window.
What was Lionstone Capital Management LLC's most recent quarter-over-quarter share-count change in QXO?
Lionstone Capital Management LLC held the same 2,332,662 shares of QXO between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent Lionstone Capital Management LLC's cost basis in QXO?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.