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Old Dominion Freight Line

341 hedge funds and large institutions have $6.65B invested in Old Dominion Freight Line in 2017 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 116 increasing their positions, 126 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

719% more call options, than puts

Call options by funds: $56.4M | Put options by funds: $6.88M

206% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 18

125% more funds holding in top 10

Funds holding in top 10: 49 (+5)

13% more capital invested

Capital invested by funds: $5.87B → $6.65B (+$787M)

11% more funds holding

Funds holding: 307341 (+34)

8% less repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 126

4.07% less ownership

Funds ownership: 224.2%220.13% (-4.1%)

Holders
341
Holders Change
+34
Holders Change %
+11.07%
% of All Funds
8.5%
Holding in Top 10
9
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+125%
% of All Funds
0.22%
New
55
Increased
116
Reduced
126
Closed
18
Calls
$56.4M
Puts
$6.88M
Net Calls
+$49.5M
Net Calls Change
+$39.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$686M +$12.6M +382,500 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$595M +$3.54M +107,280 +0.7%
BlackRock
3
BlackRock
New York
$587M -$4.31M -130,545 -0.8%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$360M -$85.3M -2,582,772 -21%
Janus Henderson Group
5
Janus Henderson Group
United Kingdom
$300M -$7.74M -234,375 -3%
Kayne Anderson Rudnick Investment Management
6
Kayne Anderson Rudnick Investment Management
California
$246M +$13.3M +403,389 +6%
JP Morgan Chase
7
JP Morgan Chase
New York
$228M +$16.8M +507,327 +9%
State Street
8
State Street
Massachusetts
$199M +$1.86M +56,430 +1%
Victory Capital Management
9
Victory Capital Management
Texas
$193M +$2.97M +90,075 +2%
LCOV
10
London Company of Virginia
Virginia
$147M -$11.5M -348,171 -8%
William Blair Investment Management
11
William Blair Investment Management
Illinois
$143M -$132M -3,987,720 -51%
Goldman Sachs
12
Goldman Sachs
New York
$135M -$2.83M -85,683 -2%
Invesco
13
Invesco
Georgia
$130M -$1.59M -48,279 -1%
Wellington Management Group
14
Wellington Management Group
Massachusetts
$129M +$80.1M +2,425,317 +221%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$97.3M -$25.5M -770,715 -23%
PRO
16
Pensioenfonds Rail & OV
Netherlands
$90.6M +$4.94M +149,634 +6%
WA
17
Wasatch Advisors
Utah
$86.7M -$1.23M -37,203 -2%
Norges Bank
18
Norges Bank
Norway
$85.8M
Lord, Abbett & Co
19
Lord, Abbett & Co
New Jersey
$85M -$2.21M -66,972 -3%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$82M +$281K +8,493 +0.4%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$73.9M -$393K -11,910 -0.6%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$64.9M +$1.49M +45,168 +3%
Wells Fargo
23
Wells Fargo
California
$62.4M -$10.3M -312,978 -16%
Northern Trust
24
Northern Trust
Illinois
$62M -$1.89M -57,234 -3%
Primecap Management
25
Primecap Management
California
$55.6M -$2.06M -62,400 -4%

ODFL Hedge Fund Activity: Q3 2017 in Review

341 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q3 2017, worth a combined $6.65B — up 13% from $5.87B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new ODFL positions and 18 closed out — a net gain of 37 holders — while 116 added to existing stakes and 126 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $80.1M. The largest seller was William Blair Investment Management, cutting an estimated $132M.

  • 341 institutional investors held Old Dominion Freight Line (ODFL) as of Q3 2017, up from 307 in Q2 2017.
  • Funds reported $6.65B of Old Dominion Freight Line stock for Q3 2017, up 13% quarter-over-quarter.
  • 55 funds opened new Old Dominion Freight Line positions in Q3 2017 and 18 closed out, a net change of +37 holders.
  • The largest Old Dominion Freight Line buyer in Q3 2017 was Wellington Management Group, an estimated $80.1M added.
  • The largest Old Dominion Freight Line seller in Q3 2017 was William Blair Investment Management, an estimated $132M sold.

Based on aggregated 13F filings for Q3 2017.