Perpetual Ltd. Discloses 5.06M Share Stake in GXO Logistics

TL;DR

**Perpetual Ltd. just revealed a 5.06M share position in GXO, signaling institutional confidence.**

AI Summary

Perpetual Limited, an Australian investment firm, reported on January 16, 2024, that it beneficially owns 5,058,220 shares of GXO Logistics, Inc. common stock as of December 30, 2023. This represents a significant stake, giving Perpetual Limited sole voting and dispositive power over these shares. This matters to GXO shareholders because a large institutional investor like Perpetual Limited holding a substantial position can signal confidence in the company's future, potentially influencing other investors and the stock's stability.

Why It Matters

A major institutional investor, Perpetual Limited, has taken a significant stake in GXO Logistics, indicating a vote of confidence that could attract further investment.

Risk Assessment

Risk Level: low — This filing indicates a significant institutional investment, which generally reduces risk by showing a large entity's belief in the company.

Analyst Insight

Investors should view this as a positive signal, as a large institutional investor has taken a significant position, suggesting confidence in GXO Logistics' long-term prospects. It might be worth researching GXO's fundamentals further.

Key Numbers

• 5,058,220 — Shares Beneficially Owned (Represents the total number of GXO Logistics shares Perpetual Limited has sole voting and dispositive power over.)
• 36262G101 — CUSIP Number (Unique identifier for GXO Logistics, Inc. Common Stock, $0.01 par value per share.)

Key Players & Entities

• Perpetual Limited (company) — the reporting person and institutional investor
• GXO Logistics, Inc. (company) — the subject company whose shares are being reported
• 5,058,220 (dollar_amount) — number of shares beneficially owned by Perpetual Limited
• December 30, 2023 (date) — the date of the event requiring the filing
• January 16, 2024 (date) — the filing date of the SC 13G

Forward-Looking Statements

• Perpetual Limited will maintain or increase its stake in GXO Logistics in the near term. (Perpetual Limited) — medium confidence, target: Q2 2024

FAQ

Key Financial Figures

• $0.01 — INC (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class o

Filing Documents

• tm243342d1_sc13g.htm (SC 13G) — 51KB
• tm243342d1_ex99-1.htm (EX-99.1) — 14KB
• 0001104659-24-003944.txt ( ) — 66KB

If this statement is filed pursuant to §§240.13d-1(b) or

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is: (a) A Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) A Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) An insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) An investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J); (k) A group, in accordance with §240.13d-1(b)(1)(ii)(K).

Ownership

Item 4. Ownership. (a) Amount beneficially owned: See Item 9 on the cover page(s) hereto. (b) Percent of class: See Item 11 on the cover page(s) hereto. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See Item 5 on the cover page(s) hereto. (ii) Shared power to vote or to direct the vote: See Item 6 on the cover page(s) hereto. (iii) Sole power to dispose or to direct the disposition of: See Item 7 on the cover page(s) hereto. (iv) Shared power to dispose or to direct the disposition of: See Item 8 on the cover page(s) hereto.

Ownership of 5% or Less of a Class

Item 5. Ownership of 5% or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .

Ownership of More than 5 Percent on Behalf of Another

Item 6. Ownership of More than 5 Percent on Behalf of Another Person Not Applicable

Identification and Classification of the Subsidiary

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. J O Hambro Capital Management Limited– A non-U.S. institution -Subsidiary of Parent Pendal Institutional Limited - A non-U.S. institution -Subsidiary of Parent Pendal Fundservices Limited- A non-U.S. institution -Subsidiary of Parent JOHCM (Singapore)PTE. Limited- A non-U.S. institution -Subsidiary of Parent Pendal Group Limited- A non-U.S. institution - Subsidiary of Parent

Identification and Classification of Members of the

Item 8. Identification and Classification of Members of the Group Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for the purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act) with any other person as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any syndicate or group with respect to the issuer or any securities of the issuer.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for the purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act) with any other person as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any syndicate or group with respect to the issuer or any securities of the issuer.

Certifications

Item 10. Certifications By signing below each signatory certifies that, to the best of his or its knowledge and belief, the securities referred to above 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. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: 2024-01-02 Perpetual Limited By: Perpetual Limited, its General Partner By: /s/ Sylvie Dimarco Name: Sylvie Dimarco Title: Company Secretary EXHIBIT INDEX Exhibit Description of Exhibit 99.1 Joint Filing Agreement

View Full Filing

View this SC 13G filing on SEC EDGAR