Old Dominion Freight Line
ODFL
406 hedge funds and large institutions have $8.12B invested in Old Dominion Freight Line in 2017 Q4 according to their latest regulatory filings, with 98 funds opening new positions, 117 increasing their positions, 147 reducing their positions, and 30 closing their positions.
227% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 30
44% more funds holding in top 10
Funds holding in top 10: 9 → 13 (+4)
41% more call options, than puts
Call options by funds: $15.6M | Put options by funds: $11M
22% more capital invested
Capital invested by funds: $6.65B → $8.12B (+$1.47B)
19% more funds holding
Funds holding: 341 → 406 (+65)
5.44% more ownership
Funds ownership: 220.13% → 225.57% (+5.4%)
20% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 147
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$255M |
| 2 |
BlackRock
New York
|
+$80.5M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$72.2M |
| 4 |
State Street
Boston,
Massachusetts
|
+$48.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$39.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$155M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$145M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$90.1M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$51.9M |
| 5 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$45.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CANY
426
Caxton Associates (New York)
New York
| – | -$507K | -13,800 | Closed |
|
|
OC
427
Oakworth Capital
Birmingham,
Alabama
| – | -$400K | -12,000 | Closed |
|
|
VF
428
Virtu Financial
New York
| – | -$427K | -11,625 | Closed |
|
|
PCM
429
Penserra Capital Management
Orinda,
California
| – | -$414K | -11,295 | Closed |
|
|
FRM
430
Fox Run Management
Greenwich,
Connecticut
| – | -$396K | -10,800 | Closed |
|
431
Creative Planning
Overland Park,
Kansas
| – | -$214K | -5,844 | Closed |
|
|
AIM
432
Assured Investment Management
New York
| – | -$113K | -3,072 | Closed |
|
|
IR
433
Invictus RG
Hamilton,
Bermuda
| – | -$40K | -1,077 | Closed |
|
|
CTC
434
Central Trust Company
Jefferson City,
Missouri
| – | -$6K | -150 | Closed |
|
|
PHK
435
Point72 Hong Kong
Hong Kong
| – | -$3K | -87 | Closed |
|
|
BTIS
436
BB&T Investment Services
Charlotte,
North Carolina
| – | -$1K | -18 | Closed |
|
ODFL Hedge Fund Activity: Q4 2017 in Review
406 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q4 2017, worth a combined $8.12B — up 22% from $6.65B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new ODFL positions and 30 closed out — a net gain of 68 holders — while 117 added to existing stakes and 147 trimmed.
The largest buyer was CIBC Private Wealth Group, adding an estimated $255M. The largest seller was William Blair Investment Management, cutting an estimated $155M.
- 406 institutional investors held Old Dominion Freight Line (ODFL) as of Q4 2017, up from 341 in Q3 2017.
- Funds reported $8.12B of Old Dominion Freight Line stock for Q4 2017, up 22% quarter-over-quarter.
- 98 funds opened new Old Dominion Freight Line positions in Q4 2017 and 30 closed out, a net change of +68 holders.
- The largest Old Dominion Freight Line buyer in Q4 2017 was CIBC Private Wealth Group, an estimated $255M added.
- The largest Old Dominion Freight Line seller in Q4 2017 was William Blair Investment Management, an estimated $155M sold.
Based on aggregated 13F filings for Q4 2017.