Old Dominion Freight Line
ODFL
784 hedge funds and large institutions have $29.7B invested in Old Dominion Freight Line in 2023 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 270 increasing their positions, 314 reducing their positions, and 86 closing their positions.
9% more capital invested
Capital invested by funds: $27.3B → $29.7B (+$2.42B)
0.73% less ownership
Funds ownership: 147.2% → 146.47% (-0.73%)
1% less funds holding
Funds holding: 790 → 784 (-6)
3% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 86
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
14% less repeat investments, than reductions
Existing positions increased: 270 | Existing positions reduced: 314
41% less call options, than puts
Call options by funds: $227M | Put options by funds: $382M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$458M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$195M |
| 3 |
Parnassus Investments
San Francisco,
California
|
+$89.6M |
| 4 |
Goldman Sachs
New York
|
+$73.8M |
| 5 |
JP Morgan Chase
New York
|
+$59.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$366M |
| 2 |
BlackRock
New York
|
-$220M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$94.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$90.1M |
| 5 |
Renaissance Technologies
New York
|
-$66.8M |
ODFL Hedge Fund Activity: Q2 2023 in Review
784 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q2 2023, worth a combined $29.7B — up 8.8% from $27.3B a quarter earlier.
Sellers outnumbered buyers: 86 funds closed out of ODFL and 83 opened new positions — a net loss of 3 holders — while 314 trimmed existing stakes and 270 added.
The largest buyer was Bank of New York Mellon, adding an estimated $458M. The largest seller was Capital Research Global Investors, cutting an estimated $366M.
- 784 institutional investors held Old Dominion Freight Line (ODFL) as of Q2 2023, down from 790 in Q1 2023.
- Funds reported $29.7B of Old Dominion Freight Line stock for Q2 2023, up 8.8% quarter-over-quarter.
- 83 funds opened new Old Dominion Freight Line positions in Q2 2023 and 86 closed out, a net change of -3 holders.
- The largest Old Dominion Freight Line buyer in Q2 2023 was Bank of New York Mellon, an estimated $458M added.
- The largest Old Dominion Freight Line seller in Q2 2023 was Capital Research Global Investors, an estimated $366M sold.
Based on aggregated 13F filings for Q2 2023.