Sendero Wealth Management 13F: New $813K Stake in GXO

Sendero Wealth Management opened a new position in GXO Logistics, Inc. GXO on October 14, 2026, according to a recent Form 13F filing with the U.S. Securities and Exchange Commission. Because 13F filings are backward-looking reports, these numbers reflect holdings as of the end of the reporting period and may not represent the investor's current position today.

What Changed in Sendero Wealth Management's GXO Logistics Position

In its filing, Sendero Wealth Management reported purchasing 18,296 shares of GXO Logistics, Inc. The newly initiated stake carried a reported market value of $813,258 at the time of the disclosure. This position represents a fresh investment for the firm in the logistics operator.

Other Institutional Activity in GXO Logistics

Other large institutional investors were also active in the stock during the period. Orbis Allan Gray Ltd maintained its holding of 13,424,844 shares, worth about $633,384,144. Blackrock Inc. grew its holdings by 954,143 shares, ending with 11,280,366 shares worth about $532,207,671. Spruce House Investment Management LLC grew its holdings by 2,000,031 shares, ending with 5,250,000 shares worth about $247,695,001 for a 61.5% increase. Vanguard Capital Management LLC grew its holdings by 57,608 shares, ending with 5,201,222 shares worth about $245,393,655 for a 1.1% increase. Dimensional Fund Advisors LP grew its holdings by 297,862 shares, ending with 5,164,894 shares worth about $243,679,700 for a 6.1% increase.

GXO Logistics, Inc. Stock Down 0.2%

GXO Logistics shares recently traded around $46.48. The stock sits about 30.5% below its 52-week high of $66.85 and roughly 6.6% above its 52-week low of $43.61. Shares are trading about 10.9% below their 200-day moving average.

Recent Earnings

For the trailing twelve months, GXO Logistics reported $13,640,999,936 in revenue and earnings of $1.13 per share. The company posted a net profit margin of 1.0% and a return on equity of 4.5%. Revenue grew 4.3% compared to the same period a year earlier. The company's next earnings update is scheduled for November 3, 2026.

Analysts Set New Price Targets

Wall Street firms have kept a close eye on the stock with several updates to ratings and targets. On July 15, 2026, Truist Securities maintained its Buy rating while lowering its target to $55.0 from $70.0. On August 6, 2026, UBS maintained a Buy rating and trimmed its target from $74.0 to $64.0. On the same date, Susquehanna kept a Positive rating and adjusted its target from $75.0 to $62.0, followed by another update on October 2, 2026, moving the target to $60.0. On October 14, 2026, Goldman Sachs upgraded the stock to Buy while keeping its target at $61.0. Overall, the stock carries a consensus strong buy rating with a mean price target of $68.47 across 17 analyst opinions.

About GXO Logistics, Inc.

GXO Logistics, Inc. operates as an independent contract logistics provider, offering warehousing, distribution, e-commerce fulfillment, and supply chain services across more than 1,000 facilities worldwide. The Greenwich, Connecticut-based firm serves major brands across omnichannel retail, consumer electronics, food and beverage, and industrial manufacturing. Institutional interest from firms like Sendero Wealth Management highlights ongoing portfolio allocations into the supply chain and automated warehousing sector.

Bottom Line

Investors tracking GXO Logistics will want to watch the upcoming earnings release on November 3, 2026, for fresh details on revenue growth and profit margins. Institutional holdings reports offer a snapshot of past moves, and future filings will show whether firms like Sendero Wealth Management continue to build on their positions.