1 |
NAME OF REPORTING PERSON
Orbis Investment Management Limited ("OIML")
Orbis Investment Management (U.S.), LLC ("OIMUS")
Orbis Asset Management Limited ("OAML")
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
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3 | SEC USE ONLY | ||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
OIML and OAML are companies organized under the laws of Bermuda. OIMUS is a company organized under the laws of Delaware, U.S.A.
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 |
SOLE VOTING POWER
20,815,297
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6 |
SHARED VOTING POWER
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7 |
SOLE DISPOSITIVE POWER
20,815,297
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8 |
SHARED DISPOSITIVE POWER
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9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
OIML - 20,368,113
OIMUS - 361,524 OAML - 85,660 |
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10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
18.78%
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12 |
TYPE OF REPORTING PERSON
FI (OIML); OO (OIMUS and OAML)
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ITEM 1(a). |
NAME OF ISSUER:
XPO Logistics, Inc.
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ITEM 1(b). |
ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
Five Greenwich Office Park
Greenwich, CT 06831 USA |
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ITEM 2(a). |
NAME OF PERSON FILING:
Orbis Investment Management Limited ("OIML")
Orbis Investment Management (U.S.), LLC ("OIMUS") Orbis Asset Management Limited ("OAML") |
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ITEM 2(b). |
ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
For OIML and OAML: Orbis House, 25 Front Street, Hamilton Bermuda HM11; For OIMUS: 600 Montgomery Street, Suite 3800, San Francisco, CA 94111, USA
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ITEM 2(c). |
CITIZENSHIP:
OIML and OAML are companies organized under the laws of Bermuda. OIMUS is a company organized under the laws of Delaware, U.S.A.
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ITEM 2(d). |
TITLE OF CLASS OF SECURITIES:
Common Stock, $0.001 Par Value
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ITEM 2(e). |
CUSIP NUMBER:
983793100
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ITEM 3. | IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 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. 78c); | |
(b)
[ ] |
Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); | |
(c)
[ ] |
Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); | |
(d)
[ ] |
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)
[X] |
A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); | |
(k)
[X] |
Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution:
equivalent to IA (only for OIML)
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ITEM 4. | OWNERSHIP | |
(a) Amount beneficially owned: | ||
OIML - 20,368,113 OIMUS - 361,524 OAML - 85,660 |
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(b) Percent of class: | ||
18.78% | ||
(c) Number of shares as to which the person has: | ||
(i) sole power to vote or to direct the vote: | ||
20,815,297 | ||
(ii) shared power to vote or to direct the vote: | ||
(iii) sole power to dispose or direct the disposition of: | ||
20,815,297 | ||
(iv) shared power to dispose or to direct the disposition of: | ||
ITEM 5. |
OWNERSHIP OF FIVE PERCENT 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
[ ].
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ITEM 6. |
OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Other persons have the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of the 20,368,113 shares of common stock of XPO Logistics, Inc., beneficially owned by OIML.
Another person has the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of the 361,524 shares of common stock of XPO Logistics, Inc., beneficially owned by OIMUS. Another person has the right to receive and the power to direct the receipt of dividends from, or the proceeds from the sale of, the 85,660 shares of common stock of XPO Logistics, Inc., beneficially owned by OAML. |
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ITEM 7. |
IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
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ITEM 8. |
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
OIML, OIMUS and OAML are together making this filing because they may be deemed to constitute a "group" for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended. Information with respect to each of OIML, OIMUS and OAML (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 the other Reporting Person.
OIML is the beneficial owner of 20,368,113 shares of common stock or 18.37% of the 110,865,064 shares of common stock of XPO Logistics, Inc., believed to be outstanding. OIMUS is the beneficial owner of 361,524 shares of common stock or 0.33% of the 110,865,064 shares of common stock of XPO Logistics, Inc., believed to be outstanding. OAML is the beneficial owner of 85,660 shares of common stock or 0.08% of the 110,865,064 shares of common stock of XPO Logistics, Inc., believed to be outstanding. |
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ITEM 9. |
NOTICE OF DISSOLUTION OF GROUP:
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ITEM 10. |
CERTIFICATION:
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 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. |
February 14 2017 |
Orbis Investment Management Limited ("OIML")
Orbis Investment Management (U.S.), LLC ("OIMUS")
Orbis Asset Management Limited ("OAML")
By:
/s/James Dorr
Name:
James Dorr
Title:
General Counsel of Orbis Investment Management Limited and Orbis Asset Management Limited; Director of North Rock Holdings Corp., a member of Orbis Investment Management (U.S.), LLC
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