<SEC-DOCUMENT>0001085146-25-003273.txt : 20250515
<SEC-HEADER>0001085146-25-003273.hdr.sgml : 20250515
<ACCEPTANCE-DATETIME>20250515124810
ACCESSION NUMBER:		0001085146-25-003273
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250515
DATE AS OF CHANGE:		20250515

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			QXO, Inc.
		CENTRAL INDEX KEY:			0001236275
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		ORGANIZATION NAME:           	06 Technology
		EIN:				161633636
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-87367
		FILM NUMBER:		25950778

	BUSINESS ADDRESS:	
		STREET 1:		FIVE AMERICAN LANE
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			06831
		BUSINESS PHONE:		888-998-6000

	MAIL ADDRESS:	
		STREET 1:		FIVE AMERICAN LANE
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			06831

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SilverSun Technologies, Inc.
		DATE OF NAME CHANGE:	20110803

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TREY RESOURCES INC
		DATE OF NAME CHANGE:	20050923

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TREY INDUSTRIES INC
		DATE OF NAME CHANGE:	20030528

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ORBIS INVESTMENT MANAGEMENT LTD
		CENTRAL INDEX KEY:			0000940594
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			D0

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		ORBIS HOUSE
		STREET 2:		25 FRONT STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM11
		BUSINESS PHONE:		441-296-3000

	MAIL ADDRESS:	
		STREET 1:		ORBIS HOUSE
		STREET 2:		25 FRONT STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM11
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:ns1="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001085146-24-003711</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000940594</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common stock, par value $0.00001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>03/31/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001236275</issuerCik>
        <issuerName>QXO, Inc.</issuerName>
        <issuerCusip>82846H405</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <ns1:street1>FIVE AMERICAN LANE</ns1:street1>
          <ns1:city>GREENWICH</ns1:city>
          <ns1:stateOrCountry>CT</ns1:stateOrCountry>
          <ns1:zipCode>06831</ns1:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>ORBIS INVESTMENT MANAGEMENT LTD</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>D0</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>109357413</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>109357413</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>109357413</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>26.7</classPercent>
      <typeOfReportingPerson>FI</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Allan Gray Australia Pty Ltd</reportingPersonName>
      <memberGroup>b</memberGroup>
      <citizenshipOrOrganization>C3</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>51778</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>51778</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>51778</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>0</classPercent>
      <typeOfReportingPerson>FI</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>QXO, Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>FIVE AMERICAN LANE
GREENWICH, CONNECTICUT
06831</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>ORBIS INVESTMENT MANAGEMENT LTD

Allan Gray Australia Pty Ltd</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>Orbis Investment Management Limited
25 Front Street
Hamilton HM11, Bermuda

Allan Gray Australia Pty Ltd
Level 2, Challis House, 4 Martin Place
Sydney NSW2000, Australia</principalBusinessOfficeOrResidenceAddress>
        <citizenship>ORBIS INVESTMENT MANAGEMENT LTD - BERMUDA

Allan Gray Australia Pty Ltd - AUSTRALIA</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>FI</typeOfPersonFiling>
        <otherTypeOfPersonFiling>Equivalent to IA.</otherTypeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>109,409,191</amountBeneficiallyOwned>
        <classPercent>26.7</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>ORBIS INVESTMENT MANAGEMENT LTD - 109,357,413

Allan Gray Australia Pty Ltd - 51,778</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>ORBIS INVESTMENT MANAGEMENT LTD - 0

Allan Gray Australia Pty Ltd - 0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>ORBIS INVESTMENT MANAGEMENT LTD - 109,357,413

Allan Gray Australia Pty Ltd - 51,778</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>ORBIS INVESTMENT MANAGEMENT LTD - 0

Allan Gray Australia Pty Ltd - 0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>N</notApplicableFlag>
        <ownershipMoreThan5PercentOnBehalfOfAnotherPerson>Other persons have the right to receive dividends from, the power to direct the receipt of dividends from, or the right to receive the proceeds from the sale of, the securities of the issuer identified in Item 4(a) that are beneficially owned by Orbis Investment Management Limited.

Another person has the right to receive dividends from, the power to direct the receipt of dividends from, or the right to receive the proceeds from the sale of, the securities of the issuer identified in Item 4(a) that are beneficially owned by Allan Gray Australia Pty Ltd.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>N</notApplicableFlag>
        <identificationAndClassificationOfGroupMembers>Information with respect to each of Orbis Investment Management Limited and Allan Gray Australia Pty Ltd (collectively, the "Reporting Persons") is given solely by each such Reporting Person and no Reporting Person has responsibility for the accuracy or completeness of information supplied by any other Reporting Person. Orbis Investment Management Limited and Allan Gray Australia Pty Ltd are classified as a Non-U.S. Institution (FI) that is equivalent to an Investment Adviser (IA). Notwithstanding that the Reporting Persons are making this filing together, none of the Reporting Persons represents that it is a member of a group for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended. Each Reporting Person disclaims beneficial ownership of any shares beneficially owned by any other Reporting Person as specified in Item 4(a).</identificationAndClassificationOfGroupMembers>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to Orbis Investment Management Limited and Allan Gray Australia Pty Ltd is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>ORBIS INVESTMENT MANAGEMENT LTD</reportingPersonName>
      <signatureDetails>
        <signature>Matt Gaarder</signature>
        <title>Attorney-in-Fact</title>
        <date>05/15/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Allan Gray Australia Pty Ltd</reportingPersonName>
      <signatureDetails>
        <signature>Matt Gaarder</signature>
        <title>Attorney-in-Fact</title>
        <date>05/15/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
