Prague Fund Starteepo Becomes Xerox's Second-Largest Shareholder

The amended filing with the Securities and Exchange Commission details the fund's current position, which is further bolstered by options on an additional 140,000 shares. Starteepo’s interest in the company has accelerated rapidly since May, when it first disclosed a 5% stake, followed by an increase to 6% just last month.

Starteepo remains focused on the company’s internal restructuring, citing balance sheet improvements and disciplined capital allocation as primary drivers. The fund also highlighted the integration of Lexmark as a critical success factor for future growth. Executives at the firm maintain that the broader market currently undervalues Xerox’s long-term potential, particularly regarding how the company might leverage enterprise-wide artificial intelligence adoption to regain its competitive edge.