New York State Common Retirement Fund Boosts QXO Stake

The fund increased its holdings in the company by 37.7% in the third quarter.

Feb. 6, 2026 at 2:47am

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New York State Common Retirement Fund grew its holdings in shares of QXO, Inc. (NYSE:QXO) by 37.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund now owns 328,300 shares of the company's stock, up from 238,500 shares previously.

Why it matters

This move by a major institutional investor like the New York State Common Retirement Fund suggests they see potential in QXO's future performance and growth prospects. As one of the largest public pension funds in the United States, their investment decisions can influence market sentiment around the stock.

The details

The fund purchased an additional 89,800 shares of QXO during the third quarter, bringing its total stake in the company to $6.257 million. Other major investors, including Royal Bank of Canada, AQR Capital Management, and Millennium Management, have also increased their positions in QXO in recent quarters.

  • The fund disclosed its increased stake in QXO in a filing on February 6, 2026.
  • The additional 89,800 shares were purchased during the third quarter of the previous year.

The players

New York State Common Retirement Fund

One of the largest public pension funds in the United States, with over $200 billion in assets under management.

QXO, Inc.

A business application, technology, and consulting company that provides solutions for accounting, financial reporting, enterprise resource planning, and other business functions.

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The takeaway

The increased investment by the New York State Common Retirement Fund in QXO suggests the fund sees strong growth potential in the company, which could signal positive momentum for the stock going forward.