Old Dominion Freight Line
ODFL
719 hedge funds and large institutions have $21.2B invested in Old Dominion Freight Line in 2022 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 236 increasing their positions, 330 reducing their positions, and 118 closing their positions.
3.12% more ownership
Funds ownership: 143.01% → 146.13% (+3.1%)
10% less funds holding
Funds holding: 800 → 719 (-81)
13% less capital invested
Capital invested by funds: $24.5B → $21.2B (-$3.25B)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
23% less call options, than puts
Call options by funds: $96.5M | Put options by funds: $125M
28% less repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 330
57% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 118
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$860M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$394M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$121M |
| 4 |
Goldman Sachs
New York
|
+$108M |
| 5 |
Royal London Asset Management
United Kingdom
|
+$82.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$201M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$184M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$153M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$107M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$72.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
826
Tradewinds Capital Management
Bellingham,
Washington
| – | -$9K | -58 | Closed |
|
|
LFG
827
Larson Financial Group
St Louis,
Missouri
| – | -$8K | -56 | Closed |
|
|
CI
828
Cordant Inc
Portland,
Oregon
| – | -$7K | -50 | Closed |
|
|
BFC
829
Bedel Financial Consulting
Indianapolis,
Indiana
| – | -$7K | -48 | Closed |
|
|
DFCM
830
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$7K | -44 | Closed |
|
|
AS
831
Altshuler Shaham
Tel Aviv,
Israel
| – | -$6K | -38 | Closed |
|
832
Jones Financial Companies
Des Peres,
Missouri
| – | -$5K | -36 | Closed |
|
|
PI
833
PEAK6 Investments
Chicago,
Illinois
| – | -$786 | -6 | Closed |
|
|
BHWM
834
Beaird Harris Wealth Management
Dallas,
Texas
| – | -$1K | -4 | Closed |
|
|
WWM
835
Wolff Wiese Magana
Carslbad,
California
| – | +$262 | +2 | New |
|
ODFL Hedge Fund Activity: Q2 2022 in Review
719 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q2 2022, worth a combined $21.2B — down 13% from $24.5B a quarter earlier.
Sellers outnumbered buyers: 118 funds closed out of ODFL and 51 opened new positions — a net loss of 67 holders — while 330 trimmed existing stakes and 236 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $860M. The largest seller was BlackRock, cutting an estimated $201M.
- 719 institutional investors held Old Dominion Freight Line (ODFL) as of Q2 2022, down from 800 in Q1 2022.
- Funds reported $21.2B of Old Dominion Freight Line stock for Q2 2022, down 13% quarter-over-quarter.
- 51 funds opened new Old Dominion Freight Line positions in Q2 2022 and 118 closed out, a net change of -67 holders.
- The largest Old Dominion Freight Line buyer in Q2 2022 was T. Rowe Price Associates, an estimated $860M added.
- The largest Old Dominion Freight Line seller in Q2 2022 was BlackRock, an estimated $201M sold.
Based on aggregated 13F filings for Q2 2022.