Old Dominion Freight Line
ODFL
326 hedge funds and large institutions have $4.24B invested in Old Dominion Freight Line in 2015 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 128 increasing their positions, 119 reducing their positions, and 56 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 119
6% less funds holding
Funds holding: 347 → 326 (-21)
12% less capital invested
Capital invested by funds: $4.8B → $4.24B (-$564M)
29% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 56
50% less call options, than puts
Call options by funds: $5.34M | Put options by funds: $10.7M
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$102M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$66.9M |
| 3 |
Bank of New York Mellon
New York
|
+$61.8M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$47.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$36.2M |
Top Sellers
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$70.6M |
| 2 |
Neuberger Berman Group
New York
|
-$50.7M |
| 3 |
O
OppenheimerFunds
New York
|
-$50.3M |
| 4 |
Jennison Associates
New York
|
-$47.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
376
Turner Investments
Berwyn,
Pennsylvania
| – | -$125K | -4,845 | Closed |
|
|
PCM
377
Prelude Capital Management
New York
| – | -$93K | -3,603 | Closed |
|
|
HNB
378
Huntington National Bank
Columbus,
Ohio
| – | -$42K | -1,641 | Closed |
|
|
FMT
379
First Mercantile Trust
Cordova,
Tennessee
| – | -$26K | -1,020 | Closed |
|
380
Creative Planning
Overland Park,
Kansas
| – | -$21K | -810 | Closed |
|
|
HPBT
381
High Point Bank & Trust
High Point,
North Carolina
| – | -$8K | -300 | Closed |
|
|
NFG
382
Next Financial Group
Houston,
Texas
| – | -$5.71K | -240 | -92% |
|
|
RIA
383
Regal Investment Advisors
Kentwood,
Michigan
| – | -$6K | -231 | Closed |
|
ODFL Hedge Fund Activity: Q2 2015 in Review
326 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q2 2015, worth a combined $4.24B — down 12% from $4.8B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of ODFL and 40 opened new positions — a net loss of 16 holders — while 119 trimmed existing stakes and 128 added.
The largest buyer was Capital Research Global Investors, adding an estimated $102M. The largest seller was London Company of Virginia, cutting an estimated $70.6M.
- 326 institutional investors held Old Dominion Freight Line (ODFL) as of Q2 2015, down from 347 in Q1 2015.
- Funds reported $4.24B of Old Dominion Freight Line stock for Q2 2015, down 12% quarter-over-quarter.
- 40 funds opened new Old Dominion Freight Line positions in Q2 2015 and 56 closed out, a net change of -16 holders.
- The largest Old Dominion Freight Line buyer in Q2 2015 was Capital Research Global Investors, an estimated $102M added.
- The largest Old Dominion Freight Line seller in Q2 2015 was London Company of Virginia, an estimated $70.6M sold.
Based on aggregated 13F filings for Q2 2015.