Prague Fund STARTEEPO Becomes Xerox's Second-Largest Shareholder
STARTEEPO Invest boosted its Xerox stake to 8.8M shares, filing an amended 13D and signaling continued activist engagement.
A Prague-based alternative investment fund just made a big move on Xerox. STARTEEPO Invest disclosed it now holds 8.8 million shares of Xerox Holdings common stock — plus an additional 140,000 shares — making it the company's second-largest common shareholder. The position was revealed in an amended Schedule 13D filing with the SEC.
STARTEEPO chairman Frantisek Bostl says the fund has hit its target ownership level for this phase of the investment. But don't read that as them backing off. The fund is staying vocal, flagging priorities like balance sheet improvement, disciplined capital allocation, and clean execution on Xerox's pending Lexmark integration. They also believe the market is chronically underpricing Xerox's AI-era positioning — a contrarian call worth watching.
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This is activist-lite territory. STARTEEPO says it plans to keep engaging with Xerox's management, board, shareholders, creditors, and other market players on strategy, capital structure, and operations. That's the kind of language that tends to precede shareholder proposals or board seat demands, so keep your eyes on future 13D amendments.
For traders, the setup here is straightforward: a high-conviction European fund is piling into a beaten-down legacy tech name and betting the Street is dead wrong on its long-term value. Whether Xerox's Lexmark deal and AI narrative can actually move the needle is the real question — but now you know a second major shareholder is betting it will.
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