Old Dominion Freight Line
ODFL
512 hedge funds and large institutions have $11.6B invested in Old Dominion Freight Line in 2020 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 172 increasing their positions, 231 reducing their positions, and 45 closing their positions.
51% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 45
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
36% more call options, than puts
Call options by funds: $38.2M | Put options by funds: $28.1M
4% more funds holding
Funds holding: 493 → 512 (+19)
1% more capital invested
Capital invested by funds: $11.5B → $11.6B (+$137M)
26% less repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 231
79.63% less ownership
Funds ownership: 227.63% → 148% (-80%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$207M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$79.7M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$72.3M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
+$52.1M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$35.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$420M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$109M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$36.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$34.7M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$34.6M |
ODFL Hedge Fund Activity: Q1 2020 in Review
512 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q1 2020, worth a combined $11.6B — up 1.2% from $11.5B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new ODFL positions and 45 closed out — a net gain of 23 holders — while 172 added to existing stakes and 231 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $207M. The largest seller was Capital International Investors, cutting an estimated $420M.
- 512 institutional investors held Old Dominion Freight Line (ODFL) as of Q1 2020, up from 493 in Q4 2019.
- Funds reported $11.6B of Old Dominion Freight Line stock for Q1 2020, up 1.2% quarter-over-quarter.
- 68 funds opened new Old Dominion Freight Line positions in Q1 2020 and 45 closed out, a net change of +23 holders.
- The largest Old Dominion Freight Line buyer in Q1 2020 was T. Rowe Price Associates, an estimated $207M added.
- The largest Old Dominion Freight Line seller in Q1 2020 was Capital International Investors, an estimated $420M sold.
Based on aggregated 13F filings for Q1 2020.