QXO Rebuilding Business Models for Greater Value
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted QXO Inc.'s efforts to rebuild and modernize its business model. The firm praised the company's approach of integrating AI not just as an add-on but by fundamentally redesigning operations such as pricing, procurement, inventory management, and branch data systems. QXO is a US-based distributor of roofing, waterproofing, and building products with a market capitalization of $13.91 billion at the end of August 2026. Despite recent challenges—its shares fell by -5.89% in one month and lost 35.93% over the past year—the company is being recognized for its strategic transformation. Orbis noted that QXO's approach aligns with their investment philosophy of disciplined, evidence-based decision-making rather than emotional reactions to market fluctuations.
Tickers: $QXO
Topics: AI investment strategy Fund performance Orbis Global Equity Strategy QXO, Inc.