D1 Capital Partners L.P. 13F: Cuts XPO Stake by $170M

D1 Capital Partners Trims XPO Holding

D1 Capital Partners L.P. cut its position in freight transportation provider XPO, Inc. NYSE: XPO during the period ended May 15, 2026, according to a recent Form 13F filing with the Securities and Exchange Commission. The filing reflects holdings as of that reporting date and may not represent the investor's current position.

Reduction in Shares Held

The fund reduced its stake by 747,412 shares, marking a 36.7% decrease from the previous quarter. D1 Capital Partners previously held 2,035,042 shares of the trucking company. Following the sale, the firm owns 1,287,630 shares. The reported value of the remaining stake sat at approximately $293.1 million based on the filing details.

XPO Stock Trades Near 52-Week Highs

XPO shares trade around $227.65, moving close to the company's 52-week peak of $232.05. The stock has climbed substantially from its 52-week low of $121.48. The company trades with a P/E ratio of 51.28 and a forward P/E ratio of 26.91, backed by a market capitalization of roughly $20.4 billion.

Recent Analyst Updates

Wall Street firms have actively adjusted their views on the stock through the fall. On October 8, 2026, Stifel maintained its Buy rating while lowering its price target from $257.00 to $230.00. Truist Securities maintained a Buy rating on October 7, 2026, moving its target from $240.00 to $220.00. On the same day, Citigroup upgraded the stock to a Buy with a $224.00 target. JP Morgan maintained an Overweight rating on October 5, 2026, setting a $205.00 price target. Susquehanna kept a Neutral rating on October 2, 2026, lowering its target to $194.00, while Bank of America maintained a Buy rating and set a $230.00 target. Earlier, Bernstein initiated coverage with an Outperform rating and a $244.00 target on September 10, 2026, and Citigroup maintained a Neutral rating on September 8, 2026. Across 24 analyst opinions, the stock carries a consensus buy recommendation and a mean price target of $232.33.

Freight Transportation Services in North America and Europe

XPO, Inc. provides freight transportation services with a focus on less-than-truckload shipping across North America and Europe. The Greenwich, Connecticut-based company operates a dense network for domestic and cross-border shipping, serving industrial, retail, and consumer markets. This scale has helped the company navigate shifting demand in the freight sector.

What to Watch at XPO

Investors will look toward XPO's next earnings report, scheduled for October 29, 2026, for updates on revenue growth and profit margins. Future Form 13F filings will show whether institutional investors continue to trim their positions or rebuild stakes following the stock's recent price gains.