Old Dominion Freight Line
ODFL
688 hedge funds and large institutions have $21B invested in Old Dominion Freight Line in 2021 Q2 according to their latest regulatory filings, with 93 funds opening new positions, 268 increasing their positions, 225 reducing their positions, and 49 closing their positions.
90% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 49
19% more repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 225
6% more funds holding
Funds holding: 650 → 688 (+38)
6% more capital invested
Capital invested by funds: $19.9B → $21B (+$1.11B)
1.06% more ownership
Funds ownership: 142% → 143.06% (+1.1%)
4% less call options, than puts
Call options by funds: $54.3M | Put options by funds: $56.5M
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$222M |
| 2 |
JP Morgan Chase
New York
|
+$145M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
+$141M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$141M |
| 5 |
Morgan Stanley
New York
|
+$60.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$435M |
| 2 |
KBC Group
Brussels,
Belgium
|
-$84M |
| 3 |
Bank of New York Mellon
New York
|
-$77.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$69.7M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$65.8M |
ODFL Hedge Fund Activity: Q2 2021 in Review
688 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q2 2021, worth a combined $21B — up 5.6% from $19.9B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new ODFL positions and 49 closed out — a net gain of 44 holders — while 268 added to existing stakes and 225 trimmed.
The largest buyer was BlackRock, adding an estimated $222M. The largest seller was T. Rowe Price Associates, cutting an estimated $435M.
- 688 institutional investors held Old Dominion Freight Line (ODFL) as of Q2 2021, up from 650 in Q1 2021.
- Funds reported $21B of Old Dominion Freight Line stock for Q2 2021, up 5.6% quarter-over-quarter.
- 93 funds opened new Old Dominion Freight Line positions in Q2 2021 and 49 closed out, a net change of +44 holders.
- The largest Old Dominion Freight Line buyer in Q2 2021 was BlackRock, an estimated $222M added.
- The largest Old Dominion Freight Line seller in Q2 2021 was T. Rowe Price Associates, an estimated $435M sold.
Based on aggregated 13F filings for Q2 2021.