Henry Ellenbogen's investment firm, Durable Capital, reduced its stake in logistics and trucking company XPO Inc. by 17.4% during the second quarter of 2026. The firm sold approximately 520,000 shares, bringing its total holding down to 2.42 million shares. The remaining position was valued at $497.8 million at the end of the quarter and accounted for 4.84% of Durable Capital's reported portfolio.
As with all 13F filings, this disclosure is delayed; the report filed on August 14 reflects trades that occurred between April 1 and June 30. The reduction came during a period of strong performance for XPO, which later reported that its Q2 revenue grew 13.2% year-over-year, with its less-than-truckload (LTL) segment showing record operating results.