Old Dominion Freight Line
ODFL
604 hedge funds and large institutions have $15.3B invested in Old Dominion Freight Line in 2020 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 233 increasing their positions, 208 reducing their positions, and 38 closing their positions.
121% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 38
12% more repeat investments, than reductions
Existing positions increased: 233 | Existing positions reduced: 208
8% more funds holding
Funds holding: 561 → 604 (+43)
4% more capital invested
Capital invested by funds: $14.8B → $15.3B (+$523M)
3.63% less ownership
Funds ownership: 147.94% → 144.3% (-3.6%)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
38% less call options, than puts
Call options by funds: $33.4M | Put options by funds: $53.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$120M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$78.4M |
| 3 |
KBC Group
Brussels,
Belgium
|
+$77.9M |
| 4 |
BlackRock
New York
|
+$72.9M |
| 5 |
Two Sigma Investments
New York
|
+$71.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$744M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$265M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$109M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$88.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$75.8M |
ODFL Hedge Fund Activity: Q3 2020 in Review
604 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q3 2020, worth a combined $15.3B — up 3.5% from $14.8B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new ODFL positions and 38 closed out — a net gain of 46 holders — while 233 added to existing stakes and 208 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $120M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $744M.
- 604 institutional investors held Old Dominion Freight Line (ODFL) as of Q3 2020, up from 561 in Q2 2020.
- Funds reported $15.3B of Old Dominion Freight Line stock for Q3 2020, up 3.5% quarter-over-quarter.
- 84 funds opened new Old Dominion Freight Line positions in Q3 2020 and 38 closed out, a net change of +46 holders.
- The largest Old Dominion Freight Line buyer in Q3 2020 was Goldman Sachs, an estimated $120M added.
- The largest Old Dominion Freight Line seller in Q3 2020 was Kayne Anderson Rudnick Investment Management, an estimated $744M sold.
Based on aggregated 13F filings for Q3 2020.