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Old Dominion Freight Line

432 hedge funds and large institutions have $10.4B invested in Old Dominion Freight Line in 2019 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 126 increasing their positions, 175 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 510 (+5)

20% more capital invested

Capital invested by funds: $8.66B → $10.4B (+$1.76B)

14.17% more ownership

Funds ownership: 215.02%229.19% (+14%)

0% less funds holding

Funds holding: 434432 (-2)

2% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 52

22% less call options, than puts

Call options by funds: $53.7M | Put options by funds: $69.1M

28% less repeat investments, than reductions

Existing positions increased: 126 | Existing positions reduced: 175

Holders
432
Holders Change
-2
Holders Change %
-0.46%
% of All Funds
9.47%
Holding in Top 10
10
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+100%
% of All Funds
0.22%
New
51
Increased
126
Reduced
175
Closed
52
Calls
$53.7M
Puts
$69.1M
Net Calls
-$15.5M
Net Calls Change
-$27.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Thrivent Financial for Lutherans
26
Thrivent Financial for Lutherans
Minnesota
$64.1M +$47.1M +868,908 +331%
Massachusetts Financial Services
27
Massachusetts Financial Services
Massachusetts
$62.8M +$60.1M +1,107,894 New
VOYA Investment Management
28
VOYA Investment Management
Georgia
$61.7M +$52.4M +965,223 +784%
CIBC Private Wealth Group
29
CIBC Private Wealth Group
Georgia
$58.2M +$30.6M +564,867 +122%
EAM
30
Eagle Asset Management
Florida
$57.9M -$509K -9,372 -0.9%
Charles Schwab
31
Charles Schwab
California
$53.1M +$1.76M +32,400 +4%
Lord, Abbett & Co
32
Lord, Abbett & Co
New Jersey
$49.1M -$867K -15,975 -2%
CTA
33
Carillon Tower Advisers
Florida
$49.1M +$5.97M +110,025 +15%
Principal Financial Group
34
Principal Financial Group
Iowa
$47.8M -$1.32M -24,357 -3%
N
35
Nuveen
North Carolina
$41.1M -$11.9M -219,924 -23%
Sumitomo Mitsui Trust Group
36
Sumitomo Mitsui Trust Group
Japan
$40.7M +$386K +7,107 +1%
Royal London Asset Management
37
Royal London Asset Management
United Kingdom
$40.3M +$787K +14,502 +2%
Victory Capital Management
38
Victory Capital Management
Texas
$38.7M +$25.6M +472,140 +225%
UBS AM
39
UBS AM
Illinois
$36.8M +$924K +17,031 +3%
Wellington Management Group
40
Wellington Management Group
Massachusetts
$36.4M +$6.54M +120,600 +23%
Swiss National Bank
41
Swiss National Bank
Switzerland
$36.4M +$381K +7,029 +1%
New York State Common Retirement Fund
42
New York State Common Retirement Fund
New York
$35.4M +$582K +10,719 +2%
ClearBridge Investments
43
ClearBridge Investments
New York
$35.4M -$467K -8,598 -1%
Franklin Resources
44
Franklin Resources
California
$30.6M -$12.5M -230,418 -30%
Primecap Management
45
Primecap Management
California
$30.1M
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$29.6M -$543K -10,014 -2%
California Public Employees Retirement System
47
California Public Employees Retirement System
California
$25.3M +$4.38M +80,667 +22%
CBT
48
Capital Bank & Trust
California
$25M +$23.8M +439,149 +28,759%
Parnassus Investments
49
Parnassus Investments
California
$24.8M
Retirement Systems of Alabama
50
Retirement Systems of Alabama
Alabama
$23.7M -$1.03M -19,053 -4%

ODFL Hedge Fund Activity: Q3 2019 in Review

432 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q3 2019, worth a combined $10.4B — up 20% from $8.66B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of ODFL and 51 opened new positions — a net loss of 1 holder — while 175 trimmed existing stakes and 126 added.

The largest buyer was Capital International Investors, adding an estimated $330M. The largest seller was Congress Asset Management, exiting entirely with an estimated $85.3M sold.

  • 432 institutional investors held Old Dominion Freight Line (ODFL) as of Q3 2019, down from 434 in Q2 2019.
  • Funds reported $10.4B of Old Dominion Freight Line stock for Q3 2019, up 20% quarter-over-quarter.
  • 51 funds opened new Old Dominion Freight Line positions in Q3 2019 and 52 closed out, a net change of -1 holder.
  • The largest Old Dominion Freight Line buyer in Q3 2019 was Capital International Investors, an estimated $330M added.
  • The largest Old Dominion Freight Line seller in Q3 2019 was Congress Asset Management, an estimated $85.3M sold.

Based on aggregated 13F filings for Q3 2019.