Old Dominion Freight Line
ODFL
442 hedge funds and large institutions have $7.27B invested in Old Dominion Freight Line in 2018 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 135 increasing their positions, 202 reducing their positions, and 87 closing their positions.
1.93% less ownership
Funds ownership: 218.68% → 216.75% (-1.9%)
6% less funds holding
Funds holding: 471 → 442 (-29)
25% less capital invested
Capital invested by funds: $9.63B → $7.27B (-$2.36B)
30% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 87
33% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 202
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
39% less call options, than puts
Call options by funds: $11.1M | Put options by funds: $18.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$132M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$36.8M |
| 3 |
Renaissance Technologies
New York
|
+$35.9M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$30.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$56M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$38.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$27M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$26.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$20.8M |
ODFL Hedge Fund Activity: Q4 2018 in Review
442 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q4 2018, worth a combined $7.27B — down 25% from $9.63B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of ODFL and 61 opened new positions — a net loss of 26 holders — while 202 trimmed existing stakes and 135 added.
The largest buyer was Capital Research Global Investors, adding an estimated $132M. The largest seller was Goldman Sachs, cutting an estimated $56M.
- 442 institutional investors held Old Dominion Freight Line (ODFL) as of Q4 2018, down from 471 in Q3 2018.
- Funds reported $7.27B of Old Dominion Freight Line stock for Q4 2018, down 25% quarter-over-quarter.
- 61 funds opened new Old Dominion Freight Line positions in Q4 2018 and 87 closed out, a net change of -26 holders.
- The largest Old Dominion Freight Line buyer in Q4 2018 was Capital Research Global Investors, an estimated $132M added.
- The largest Old Dominion Freight Line seller in Q4 2018 was Goldman Sachs, an estimated $56M sold.
Based on aggregated 13F filings for Q4 2018.