Tsai Capital Corporation’s fourth quarter 2025 investor letter revealed the Tsai Capital Growth Equity Strategy gained 8.5% before fees and 7.6% after fees for the year. The strategy has accumulated 970% cumulatively before fees over 26 years, investing in 17 high-quality growth companies across various sectors.

In the same letter, Tsai Capital highlighted QXO, Inc. (NYSE:QXO), a building products distributor. QXO, Inc. saw a one-month return of 20.48% and a 73.17% increase in share value over the last 52 weeks, closing at $23.24 per share on November 12, 2025, with a market cap of $16.412 billion.

Tsai Capital Corporation initiated a position in QXO, Inc. in 2024, at around $11 per share, under Brad Jacobs’ leadership. QXO is working towards disrupting the $800 billion building products distribution industry, a strategy that Tsai Capital is excited to support due to Brad’s successful track record with companies like United Rentals and XPO Logistics.

QXO, Inc. (NYSE:QXO) is not among the 30 Most Popular Stocks Among Hedge Funds, with 65 hedge fund portfolios holding the stock at the end of the third quarter. While acknowledging QXO’s potential, Tsai Capital believes certain AI stocks offer greater upside potential with less downside risk, recommending an undervalued AI stock in their free report for investors.

Read more at Yahoo Finance: Tsai Capital’s Views on QXO (QXO)