Old Dominion Freight Line
ODFL
432 hedge funds and large institutions have $10.4B invested in Old Dominion Freight Line in 2019 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 126 increasing their positions, 175 reducing their positions, and 52 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
20% more capital invested
Capital invested by funds: $8.66B → $10.4B (+$1.76B)
14.17% more ownership
Funds ownership: 215.02% → 229.19% (+14%)
0% less funds holding
Funds holding: 434 → 432 (-2)
2% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 52
22% less call options, than puts
Call options by funds: $53.7M | Put options by funds: $69.1M
28% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 175
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$330M |
| 2 |
AOWM
Alpha Omega Wealth Management
Richmond,
Virginia
|
+$198M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$60.1M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$52.4M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$47.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$85.3M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$31.5M |
| 3 |
Millennium Management
New York
|
-$31.5M |
| 4 |
BlackRock
New York
|
-$28.3M |
| 5 |
Barclays
London,
United Kingdom
|
-$23.1M |
ODFL Hedge Fund Activity: Q3 2019 in Review
432 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q3 2019, worth a combined $10.4B — up 20% from $8.66B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of ODFL and 51 opened new positions — a net loss of 1 holder — while 175 trimmed existing stakes and 126 added.
The largest buyer was Capital International Investors, adding an estimated $330M. The largest seller was Congress Asset Management, exiting entirely with an estimated $85.3M sold.
- 432 institutional investors held Old Dominion Freight Line (ODFL) as of Q3 2019, down from 434 in Q2 2019.
- Funds reported $10.4B of Old Dominion Freight Line stock for Q3 2019, up 20% quarter-over-quarter.
- 51 funds opened new Old Dominion Freight Line positions in Q3 2019 and 52 closed out, a net change of -1 holder.
- The largest Old Dominion Freight Line buyer in Q3 2019 was Capital International Investors, an estimated $330M added.
- The largest Old Dominion Freight Line seller in Q3 2019 was Congress Asset Management, an estimated $85.3M sold.
Based on aggregated 13F filings for Q3 2019.