QXO (QXO) is Rebuilding Business Models for Greater Value

QXO (QXO) is Rebuilding Business Models for Greater Value Soumya Eswaran Tue, August 25, 2026 at 12:35 PM EDT 2 min read QXO Orbis Investment Management , an investment management company, released its Q2 2026 investor letter for "Orbis Global Equity Strategy". The letter can be  downloaded here . In the first half of 2026, the Global Equity Strategy returned 19.9%, surpassing the MSCI All Country World Index by 7.8%. The market faced narrow breadth in the quarter. The strategy focuses on AI investments categorized into four groups: "Core" (direct exposure), "Enablers" (supporting businesses), "AI Powered" (companies enhanced by AI), and "Overlooked" (misjudged resilient companies). The firm emphasizes maintaining strong but flexible convictions in a fluctuating market, prioritizing disciplined, evidence-based investment over emotional decision-making. Also, check the fund's top five holdings to see its best picks in 2026. In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted QXO, Inc. (NYSE: QXO ). QXO, Inc. (NYSE:QXO) is a leading US-based roofing, waterproofing, and complementary building products distributor. On August 24, 2026, QXO, Inc. (NYSE:QXO) closed at $13.41 per share, reflecting a market capitalization of $13.91 billion. QXO, Inc. (NYSE:QXO) posted a one-month return of -5.89%, while its shares lost 35.93% over the past 52 weeks. Orbis Global Equity Strategy stated the following regarding QXO, Inc. (NYSE:QXO) in its Q2 2026 investor letter…