Old Dominion Freight Line
ODFL
493 hedge funds and large institutions have $11.5B invested in Old Dominion Freight Line in 2019 Q4 according to their latest regulatory filings, with 108 funds opening new positions, 148 increasing their positions, 164 reducing their positions, and 37 closing their positions.
192% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 37
14% more funds holding
Funds holding: 432 → 493 (+61)
10% more capital invested
Capital invested by funds: $10.4B → $11.5B (+$1.07B)
10% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 164
1.56% less ownership
Funds ownership: 229.19% → 227.63% (-1.6%)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
31% less call options, than puts
Call options by funds: $57.5M | Put options by funds: $83.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$177M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$92.2M |
| 3 |
State Street
Boston,
Massachusetts
|
+$91.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$84.1M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$63.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$342M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$207M |
| 3 |
Bank of New York Mellon
New York
|
-$46.7M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$34.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CIAS
526
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$14K | -255 | Closed |
|
527
Parallax Volatility Advisers
San Francisco,
California
| – | -$5K | -87 | Closed |
|
|
AIC
528
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$5K | -75 | Closed |
|
|
CFA
529
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$3K | -57 | Closed |
|
|
HGWM
530
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$1K | -24 | Closed |
|
ODFL Hedge Fund Activity: Q4 2019 in Review
493 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q4 2019, worth a combined $11.5B — up 10% from $10.4B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new ODFL positions and 37 closed out — a net gain of 71 holders — while 148 added to existing stakes and 164 trimmed.
The largest buyer was Vanguard Group, adding an estimated $177M. The largest seller was BlackRock, cutting an estimated $342M.
- 493 institutional investors held Old Dominion Freight Line (ODFL) as of Q4 2019, up from 432 in Q3 2019.
- Funds reported $11.5B of Old Dominion Freight Line stock for Q4 2019, up 10% quarter-over-quarter.
- 108 funds opened new Old Dominion Freight Line positions in Q4 2019 and 37 closed out, a net change of +71 holders.
- The largest Old Dominion Freight Line buyer in Q4 2019 was Vanguard Group, an estimated $177M added.
- The largest Old Dominion Freight Line seller in Q4 2019 was BlackRock, an estimated $342M sold.
Based on aggregated 13F filings for Q4 2019.