Old Dominion Freight Line
ODFL
246 hedge funds and large institutions have $2.77B invested in Old Dominion Freight Line in 2013 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 80 increasing their positions, 98 reducing their positions, and 30 closing their positions.
37% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 30
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
8% more capital invested
Capital invested by funds: $2.56B → $2.77B (+$217M)
3% more funds holding
Funds holding: 240 → 246 (+6)
6% less call options, than puts
Call options by funds: $5.25M | Put options by funds: $5.58M
18% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 98
Top Buyers
| 1 |
Citadel Advisors
Miami,
Florida
|
+$55.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$14M |
| 3 |
SAM
Scopus Asset Management
New York
|
+$11.8M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$11.7M |
| 5 |
CII
CR Intrinsic Investors
Stamford,
Connecticut
|
+$10.3M |
Top Sellers
| 1 |
MAM
Marketfield Asset Management
New York
|
-$132M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$23.1M |
| 3 |
CANY
Caxton Associates (New York)
New York
|
-$18.3M |
| 4 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$11.7M |
| 5 |
SCM
Sandler Capital Management
New York
|
-$9.46M |
ODFL Hedge Fund Activity: Q3 2013 in Review
246 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q3 2013, worth a combined $2.77B — up 8.5% from $2.56B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new ODFL positions and 30 closed out — a net gain of 11 holders — while 80 added to existing stakes and 98 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $55.2M. The largest seller was Marketfield Asset Management, exiting entirely with an estimated $132M sold.
- 246 institutional investors held Old Dominion Freight Line (ODFL) as of Q3 2013, up from 240 in Q2 2013.
- Funds reported $2.77B of Old Dominion Freight Line stock for Q3 2013, up 8.5% quarter-over-quarter.
- 41 funds opened new Old Dominion Freight Line positions in Q3 2013 and 30 closed out, a net change of +11 holders.
- The largest Old Dominion Freight Line buyer in Q3 2013 was Citadel Advisors, an estimated $55.2M added.
- The largest Old Dominion Freight Line seller in Q3 2013 was Marketfield Asset Management, an estimated $132M sold.
Based on aggregated 13F filings for Q3 2013.