Old Dominion Freight Line
ODFL
561 hedge funds and large institutions have $14.8B invested in Old Dominion Freight Line in 2020 Q2 according to their latest regulatory filings, with 102 funds opening new positions, 214 increasing their positions, 192 reducing their positions, and 48 closing their positions.
113% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 48
27% more capital invested
Capital invested by funds: $11.6B → $14.8B (+$3.14B)
11% more repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 192
10% more funds holding
Funds holding: 512 → 561 (+49)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
7% more call options, than puts
Call options by funds: $44.2M | Put options by funds: $41.2M
0.06% less ownership
Funds ownership: 148% → 147.94% (-0.06%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$101M |
| 2 |
Swedbank
Stockholm,
Sweden
|
+$95.2M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$45.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$40.7M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$40.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$224M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$128M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$113M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$110M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$65.4M |
ODFL Hedge Fund Activity: Q2 2020 in Review
561 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q2 2020, worth a combined $14.8B — up 27% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new ODFL positions and 48 closed out — a net gain of 54 holders — while 214 added to existing stakes and 192 trimmed.
The largest buyer was BlackRock, adding an estimated $101M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $224M.
- 561 institutional investors held Old Dominion Freight Line (ODFL) as of Q2 2020, up from 512 in Q1 2020.
- Funds reported $14.8B of Old Dominion Freight Line stock for Q2 2020, up 27% quarter-over-quarter.
- 102 funds opened new Old Dominion Freight Line positions in Q2 2020 and 48 closed out, a net change of +54 holders.
- The largest Old Dominion Freight Line buyer in Q2 2020 was BlackRock, an estimated $101M added.
- The largest Old Dominion Freight Line seller in Q2 2020 was Kayne Anderson Rudnick Investment Management, an estimated $224M sold.
Based on aggregated 13F filings for Q2 2020.