Old Dominion Freight Line
ODFL
887 hedge funds and large institutions have $32.4B invested in Old Dominion Freight Line in 2023 Q4 according to their latest regulatory filings, with 136 funds opening new positions, 347 increasing their positions, 296 reducing their positions, and 66 closing their positions.
106% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 66
17% more repeat investments, than reductions
Existing positions increased: 347 | Existing positions reduced: 296
7% more funds holding
Funds holding: 826 → 887 (+61)
3.26% more ownership
Funds ownership: 143.47% → 146.73% (+3.3%)
1% more capital invested
Capital invested by funds: $32.1B → $32.4B (+$324M)
7% less call options, than puts
Call options by funds: $210M | Put options by funds: $226M
9% less funds holding in top 10
Funds holding in top 10: 11 → 10 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$464M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$122M |
| 3 |
BlackRock
New York
|
+$118M |
| 4 |
Barclays
London,
United Kingdom
|
+$118M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$476M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$194M |
| 3 |
Bank of New York Mellon
New York
|
-$178M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$86M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$70.8M |
ODFL Hedge Fund Activity: Q4 2023 in Review
887 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q4 2023, worth a combined $32.4B — up 1% from $32.1B a quarter earlier.
Buyers outnumbered sellers: 136 funds opened new ODFL positions and 66 closed out — a net gain of 70 holders — while 347 added to existing stakes and 296 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $464M. The largest seller was Capital Research Global Investors, cutting an estimated $476M.
- 887 institutional investors held Old Dominion Freight Line (ODFL) as of Q4 2023, up from 826 in Q3 2023.
- Funds reported $32.4B of Old Dominion Freight Line stock for Q4 2023, up 1% quarter-over-quarter.
- 136 funds opened new Old Dominion Freight Line positions in Q4 2023 and 66 closed out, a net change of +70 holders.
- The largest Old Dominion Freight Line buyer in Q4 2023 was Morgan Stanley, an estimated $464M added.
- The largest Old Dominion Freight Line seller in Q4 2023 was Capital Research Global Investors, an estimated $476M sold.
Based on aggregated 13F filings for Q4 2023.