Old Dominion Freight Line
ODFL
471 hedge funds and large institutions have $8.45B invested in Old Dominion Freight Line in 2019 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 151 increasing their positions, 184 reducing their positions, and 28 closing their positions.
114% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 28
28% more call options, than puts
Call options by funds: $27.1M | Put options by funds: $21.2M
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
16% more capital invested
Capital invested by funds: $7.27B → $8.45B (+$1.18B)
7% more funds holding
Funds holding: 442 → 471 (+29)
0.43% less ownership
Funds ownership: 216.75% → 216.32% (-0.43%)
18% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 184
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$211M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$55.5M |
| 3 |
Millennium Management
New York
|
+$38.6M |
| 4 |
State Street
Boston,
Massachusetts
|
+$18.5M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$74.2M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$47.6M |
| 3 |
Renaissance Technologies
New York
|
-$47.3M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$38.5M |
| 5 |
Morgan Stanley
New York
|
-$34.6M |
ODFL Hedge Fund Activity: Q1 2019 in Review
471 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q1 2019, worth a combined $8.45B — up 16% from $7.27B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new ODFL positions and 28 closed out — a net gain of 32 holders — while 151 added to existing stakes and 184 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $211M. The largest seller was Capital International Investors, cutting an estimated $74.2M.
- 471 institutional investors held Old Dominion Freight Line (ODFL) as of Q1 2019, up from 442 in Q4 2018.
- Funds reported $8.45B of Old Dominion Freight Line stock for Q1 2019, up 16% quarter-over-quarter.
- 60 funds opened new Old Dominion Freight Line positions in Q1 2019 and 28 closed out, a net change of +32 holders.
- The largest Old Dominion Freight Line buyer in Q1 2019 was Capital Research Global Investors, an estimated $211M added.
- The largest Old Dominion Freight Line seller in Q1 2019 was Capital International Investors, an estimated $74.2M sold.
Based on aggregated 13F filings for Q1 2019.