Old Dominion Freight Line
ODFL
650 hedge funds and large institutions have $19.9B invested in Old Dominion Freight Line in 2021 Q1 according to their latest regulatory filings, with 95 funds opening new positions, 239 increasing their positions, 239 reducing their positions, and 73 closing their positions.
30% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 73
17% more capital invested
Capital invested by funds: $17B → $19.9B (+$2.94B)
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
3% more funds holding
Funds holding: 634 → 650 (+16)
0% more repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 239
0.64% less ownership
Funds ownership: 142.64% → 142% (-0.64%)
48% less call options, than puts
Call options by funds: $83.8M | Put options by funds: $161M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$246M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$219M |
| 3 |
BlackRock
New York
|
+$155M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$82.2M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$67.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$246M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$225M |
| 3 |
Millennium Management
New York
|
-$100M |
| 4 |
AOWM
Alpha Omega Wealth Management
Richmond,
Virginia
|
-$99.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$80.1M |
ODFL Hedge Fund Activity: Q1 2021 in Review
650 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q1 2021, worth a combined $19.9B — up 17% from $17B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new ODFL positions and 73 closed out — a net gain of 22 holders — while 239 added to existing stakes and 239 trimmed.
The largest buyer was WCM Investment Management, opening a new position worth an estimated $246M. The largest seller was Capital Research Global Investors, cutting an estimated $246M.
- 650 institutional investors held Old Dominion Freight Line (ODFL) as of Q1 2021, up from 634 in Q4 2020.
- Funds reported $19.9B of Old Dominion Freight Line stock for Q1 2021, up 17% quarter-over-quarter.
- 95 funds opened new Old Dominion Freight Line positions in Q1 2021 and 73 closed out, a net change of +22 holders.
- The largest Old Dominion Freight Line buyer in Q1 2021 was WCM Investment Management, an estimated $246M added.
- The largest Old Dominion Freight Line seller in Q1 2021 was Capital Research Global Investors, an estimated $246M sold.
Based on aggregated 13F filings for Q1 2021.