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Old Dominion Freight Line

341 hedge funds and large institutions have $6.65B invested in Old Dominion Freight Line in 2017 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 116 increasing their positions, 126 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

719% more call options, than puts

Call options by funds: $56.4M | Put options by funds: $6.88M

206% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 18

125% more funds holding in top 10

Funds holding in top 10: 49 (+5)

13% more capital invested

Capital invested by funds: $5.87B → $6.65B (+$787M)

11% more funds holding

Funds holding: 307341 (+34)

8% less repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 126

4.07% less ownership

Funds ownership: 224.2%220.13% (-4.1%)

Holders
341
Holders Change
+34
Holders Change %
+11.07%
% of All Funds
8.5%
Holding in Top 10
9
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+125%
% of All Funds
0.22%
New
55
Increased
116
Reduced
126
Closed
18
Calls
$56.4M
Puts
$6.88M
Net Calls
+$49.5M
Net Calls Change
+$39.9M
Name Holding Trade Value Shares
Change
Change in
Stake
RI
76
Redwood Investments
Massachusetts
$11.2M +$10M +303,810 New
California State Teachers Retirement System (CalSTRS)
77
California State Teachers Retirement System (CalSTRS)
California
$11.1M -$930K -28,158 -8%
Manulife (Manufacturers Life Insurance)
78
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11.1M -$143K -4,335 -1%
State of Tennessee, Department of Treasury
79
State of Tennessee, Department of Treasury
Tennessee
$11M
CCMG
80
Clark Capital Management Group
Pennsylvania
$10.6M +$9.57M +289,644 New
PPA
81
Parametric Portfolio Associates
Washington
$10.2M +$231K +7,002 +3%
Financial Engines Advisors
82
Financial Engines Advisors
California
$9.92M -$22.5K -681 -0.3%
GC
83
Guggenheim Capital
Illinois
$9.8M -$1.38M -41,754 -14%
RJA
84
Raymond James & Associates
Florida
$9.03M +$590K +17,853 +8%
Legal & General Group
85
Legal & General Group
United Kingdom
$8.93M +$588K +17,790 +8%
MOACM
86
Mutual of America Capital Management
New York
$8.75M +$34.7K +1,050 +0.4%
RCMC
87
RK Capital Management (Colorado)
Colorado
$8.65M -$1.38M -41,700 -15%
TAM
88
Tiverton Asset Management
Delaware
$8.65M +$892K +27,000 +13%
KCM
89
Kennedy Capital Management
Missouri
$8.46M -$230K -6,966 -3%
Citadel Advisors
90
Citadel Advisors
Florida
$8.37M +$5.52M +167,184 +275%
NC
91
Nicholas Company
Wisconsin
$8.32M -$5.47M -165,705 -42%
State Board of Administration of Florida Retirement System
92
State Board of Administration of Florida Retirement System
Florida
$7.92M -$5.95K -180 -0.1%
KAM
93
Knightsbridge Asset Management
California
$7.75M -$69.2K -2,094 -1%
UBS AM
94
UBS AM
Illinois
$7.73M +$1.81M +54,867 +35%
QIM
95
Quantitative Investment Management
Virginia
$7.71M -$2.41M -72,900 -26%
TA
96
Teachers Advisors
New York
$7.39M +$68K +2,058 +1%
MLICM
97
Metropolitan Life Insurance Company (MetLife)
New York
$7.25M -$79.5K -2,406 -1%
SEI Investments
98
SEI Investments
Pennsylvania
$7.19M -$1.56M -47,169 -19%
CS
99
Credit Suisse
Switzerland
$7.14M -$4.47M -135,435 -41%
ESCM
100
Echo Street Capital Management
New York
$6.92M +$334K +10,119 +6%

ODFL Hedge Fund Activity: Q3 2017 in Review

341 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q3 2017, worth a combined $6.65B — up 13% from $5.87B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new ODFL positions and 18 closed out — a net gain of 37 holders — while 116 added to existing stakes and 126 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $80.1M. The largest seller was William Blair Investment Management, cutting an estimated $132M.

  • 341 institutional investors held Old Dominion Freight Line (ODFL) as of Q3 2017, up from 307 in Q2 2017.
  • Funds reported $6.65B of Old Dominion Freight Line stock for Q3 2017, up 13% quarter-over-quarter.
  • 55 funds opened new Old Dominion Freight Line positions in Q3 2017 and 18 closed out, a net change of +37 holders.
  • The largest Old Dominion Freight Line buyer in Q3 2017 was Wellington Management Group, an estimated $80.1M added.
  • The largest Old Dominion Freight Line seller in Q3 2017 was William Blair Investment Management, an estimated $132M sold.

Based on aggregated 13F filings for Q3 2017.