Old Dominion Freight Line
ODFL
875 hedge funds and large institutions have $29.1B invested in Old Dominion Freight Line in 2024 Q2 according to their latest regulatory filings, with 100 funds opening new positions, 386 increasing their positions, 301 reducing their positions, and 102 closing their positions.
36% more call options, than puts
Call options by funds: $163M | Put options by funds: $120M
28% more repeat investments, than reductions
Existing positions increased: 386 | Existing positions reduced: 301
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
2% less first-time investments, than exits
New positions opened: 100 | Existing positions closed: 102
1% less funds holding
Funds holding: 886 → 875 (-11)
17% less capital invested
Capital invested by funds: $34.9B → $29.1B (-$5.77B)
69.97% less ownership
Funds ownership: 145.75% → 75.78% (-70%)
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$490M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$273M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$267M |
| 4 |
Lazard Asset Management
New York
|
+$233M |
| 5 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$172M |
Top Sellers
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.24B |
| 2 |
BlackRock
New York
|
-$386M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$299M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$103M |
| 5 |
JP Morgan Chase
New York
|
-$90.7M |
ODFL Hedge Fund Activity: Q2 2024 in Review
875 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q2 2024, worth a combined $29.1B — down 17% from $34.9B a quarter earlier.
Sellers outnumbered buyers: 102 funds closed out of ODFL and 100 opened new positions — a net loss of 2 holders — while 301 trimmed existing stakes and 386 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $490M. The largest seller was Capital Research Global Investors, cutting an estimated $1.24B.
- 875 institutional investors held Old Dominion Freight Line (ODFL) as of Q2 2024, down from 886 in Q1 2024.
- Funds reported $29.1B of Old Dominion Freight Line stock for Q2 2024, down 17% quarter-over-quarter.
- 100 funds opened new Old Dominion Freight Line positions in Q2 2024 and 102 closed out, a net change of -2 holders.
- The largest Old Dominion Freight Line buyer in Q2 2024 was T. Rowe Price Associates, an estimated $490M added.
- The largest Old Dominion Freight Line seller in Q2 2024 was Capital Research Global Investors, an estimated $1.24B sold.
Based on aggregated 13F filings for Q2 2024.