Old Dominion Freight Line
ODFL
886 hedge funds and large institutions have $34.9B invested in Old Dominion Freight Line in 2024 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 322 increasing their positions, 361 reducing their positions, and 86 closing their positions.
57% more call options, than puts
Call options by funds: $209M | Put options by funds: $133M
8% more capital invested
Capital invested by funds: $32.4B → $34.9B (+$2.45B)
8% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 86
0% less funds holding
Funds holding: 887 → 886 (-1)
0.98% less ownership
Funds ownership: 146.73% → 145.75% (-0.98%)
11% less repeat investments, than reductions
Existing positions increased: 322 | Existing positions reduced: 361
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$659M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$224M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$174M |
| 4 |
BlackRock
New York
|
+$135M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$110M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$487M |
| 2 |
JP Morgan Chase
New York
|
-$396M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$354M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$141M |
| 5 |
AOWM
Alpha Omega Wealth Management
Richmond,
Virginia
|
-$95.1M |
ODFL Hedge Fund Activity: Q1 2024 in Review
886 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q1 2024, worth a combined $34.9B — up 7.5% from $32.4B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new ODFL positions and 86 closed out — a net gain of 7 holders — while 322 added to existing stakes and 361 trimmed.
The largest buyer was CIBC Private Wealth Group, adding an estimated $659M. The largest seller was Morgan Stanley, cutting an estimated $487M.
- 886 institutional investors held Old Dominion Freight Line (ODFL) as of Q1 2024, down from 887 in Q4 2023.
- Funds reported $34.9B of Old Dominion Freight Line stock for Q1 2024, up 7.5% quarter-over-quarter.
- 93 funds opened new Old Dominion Freight Line positions in Q1 2024 and 86 closed out, a net change of +7 holders.
- The largest Old Dominion Freight Line buyer in Q1 2024 was CIBC Private Wealth Group, an estimated $659M added.
- The largest Old Dominion Freight Line seller in Q1 2024 was Morgan Stanley, an estimated $487M sold.
Based on aggregated 13F filings for Q1 2024.