Old Dominion Freight Line
ODFL
432 hedge funds and large institutions have $8.77B invested in Old Dominion Freight Line in 2018 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 144 increasing their positions, 175 reducing their positions, and 33 closing their positions.
94% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 33
50% more call options, than puts
Call options by funds: $25.7M | Put options by funds: $17.1M
8% more capital invested
Capital invested by funds: $8.12B → $8.77B (+$650M)
6% more funds holding
Funds holding: 406 → 432 (+26)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
8.14% less ownership
Funds ownership: 225.57% → 217.43% (-8.1%)
18% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 175
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$130M |
| 2 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
+$83.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$75.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$66.3M |
| 5 |
BlackRock
New York
|
+$46.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$301M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$128M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$78.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$62.7M |
| 5 |
Primecap Management
Pasadena,
California
|
-$44.4M |
ODFL Hedge Fund Activity: Q1 2018 in Review
432 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q1 2018, worth a combined $8.77B — up 8% from $8.12B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new ODFL positions and 33 closed out — a net gain of 31 holders — while 144 added to existing stakes and 175 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $130M. The largest seller was CIBC Private Wealth Group, cutting an estimated $301M.
- 432 institutional investors held Old Dominion Freight Line (ODFL) as of Q1 2018, up from 406 in Q4 2017.
- Funds reported $8.77B of Old Dominion Freight Line stock for Q1 2018, up 8% quarter-over-quarter.
- 64 funds opened new Old Dominion Freight Line positions in Q1 2018 and 33 closed out, a net change of +31 holders.
- The largest Old Dominion Freight Line buyer in Q1 2018 was Capital Research Global Investors, an estimated $130M added.
- The largest Old Dominion Freight Line seller in Q1 2018 was CIBC Private Wealth Group, an estimated $301M sold.
Based on aggregated 13F filings for Q1 2018.