Old Dominion Freight Line
ODFL
307 hedge funds and large institutions have $5.5B invested in Old Dominion Freight Line in 2016 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 91 increasing their positions, 110 reducing their positions, and 18 closing their positions.
322% more call options, than puts
Call options by funds: $27.3M | Put options by funds: $6.47M
272% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 18
233.62% more ownership
Funds ownership: 0% → 233.62% (+234%)
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
25% more capital invested
Capital invested by funds: $4.41B → $5.5B (+$1.1B)
18% more funds holding
Funds holding: 260 → 307 (+47)
17% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 110
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$114M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$43.4M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$32.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$28.7M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$28.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$240M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$98.7M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$24.2M |
| 4 |
FAM
Fred Alger Management
New York
|
-$17.8M |
| 5 |
D.E. Shaw & Co
New York
|
-$15.8M |
ODFL Hedge Fund Activity: Q4 2016 in Review
307 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q4 2016, worth a combined $5.5B — up 25% from $4.41B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new ODFL positions and 18 closed out — a net gain of 49 holders — while 91 added to existing stakes and 110 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $114M. The largest seller was T. Rowe Price Associates, cutting an estimated $240M.
- 307 institutional investors held Old Dominion Freight Line (ODFL) as of Q4 2016, up from 260 in Q3 2016.
- Funds reported $5.5B of Old Dominion Freight Line stock for Q4 2016, up 25% quarter-over-quarter.
- 67 funds opened new Old Dominion Freight Line positions in Q4 2016 and 18 closed out, a net change of +49 holders.
- The largest Old Dominion Freight Line buyer in Q4 2016 was Kayne Anderson Rudnick Investment Management, an estimated $114M added.
- The largest Old Dominion Freight Line seller in Q4 2016 was T. Rowe Price Associates, an estimated $240M sold.
Based on aggregated 13F filings for Q4 2016.