Old Dominion Freight Line
ODFL
286 hedge funds and large institutions have $4.74B invested in Old Dominion Freight Line in 2016 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 89 increasing their positions, 110 reducing their positions, and 45 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more capital invested
Capital invested by funds: $3.89B → $4.74B (+$850M)
7% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 45
1% more funds holding
Funds holding: 284 → 286 (+2)
19% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 110
25% less call options, than puts
Call options by funds: $3.99M | Put options by funds: $5.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$302M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$44.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37.2M |
| 4 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
+$23.7M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$46.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$46.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$40.6M |
| 4 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$30.5M |
| 5 |
Goldman Sachs
New York
|
-$28.6M |
ODFL Hedge Fund Activity: Q1 2016 in Review
286 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q1 2016, worth a combined $4.74B — up 22% from $3.89B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new ODFL positions and 45 closed out — a net gain of 3 holders — while 89 added to existing stakes and 110 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $302M. The largest seller was Bank of New York Mellon, cutting an estimated $46.8M.
- 286 institutional investors held Old Dominion Freight Line (ODFL) as of Q1 2016, up from 284 in Q4 2015.
- Funds reported $4.74B of Old Dominion Freight Line stock for Q1 2016, up 22% quarter-over-quarter.
- 48 funds opened new Old Dominion Freight Line positions in Q1 2016 and 45 closed out, a net change of +3 holders.
- The largest Old Dominion Freight Line buyer in Q1 2016 was T. Rowe Price Associates, an estimated $302M added.
- The largest Old Dominion Freight Line seller in Q1 2016 was Bank of New York Mellon, an estimated $46.8M sold.
Based on aggregated 13F filings for Q1 2016.