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Old Dominion Freight Line

634 hedge funds and large institutions have $17B invested in Old Dominion Freight Line in 2020 Q4 according to their latest regulatory filings, with 90 funds opening new positions, 245 increasing their positions, 228 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 52

11% more capital invested

Capital invested by funds: $15.3B → $17B (+$1.7B)

5% more funds holding

Funds holding: 604634 (+30)

7% more repeat investments, than reductions

Existing positions increased: 245 | Existing positions reduced: 228

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

1.66% less ownership

Funds ownership: 144.3%142.64% (-1.7%)

35% less call options, than puts

Call options by funds: $51.7M | Put options by funds: $79.7M

Holders
634
Holders Change
+30
Holders Change %
+4.97%
% of All Funds
11.22%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.18%
New
90
Increased
245
Reduced
228
Closed
52
Calls
$51.7M
Puts
$79.7M
Net Calls
-$28M
Net Calls Change
-$7.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.13B -$25.4M -255,770 -1%
Capital Research Global Investors
2
Capital Research Global Investors
California
$1.66B -$253M -2,538,918 -13%
BlackRock
3
BlackRock
New York
$1.58B +$95.3M +957,564 +6%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$1.29B +$441M +4,428,380 +50%
KBC Group
5
KBC Group
Belgium
$817M +$64.3M +646,104 +74%
State Street
6
State Street
Massachusetts
$813M -$4.8M -48,234 -0.6%
JP Morgan Chase
7
JP Morgan Chase
New York
$347M +$13.5M +136,086 +4%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$328M +$5.87M +59,008 +2%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$314M -$17.3M -174,278 -5%
Invesco
10
Invesco
Georgia
$273M +$32.5M +326,256 +13%
Goldman Sachs
11
Goldman Sachs
New York
$261M -$59.4M -597,108 -18%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$230M +$31.8M +319,996 +16%
Northern Trust
13
Northern Trust
Illinois
$227M -$1.86M -18,694 -0.8%
Capital International Investors
14
Capital International Investors
California
$221M -$25.3M -254,264 -10%
LCOV
15
London Company of Virginia
Virginia
$203M -$4.05M -40,710 -2%
Norges Bank
16
Norges Bank
Norway
$179M -$17.3M -174,330 -9%
AQR Capital Management
17
AQR Capital Management
Connecticut
$163M +$18.4M +184,614 +12%
Legal & General Group
18
Legal & General Group
United Kingdom
$156M +$4.61M +46,322 +3%
AOWM
19
Alpha Omega Wealth Management
Virginia
$155M -$202M -2,034,232 -56%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$150M -$10.7M -107,876 -7%
PRO
21
Pensioenfonds Rail & OV
Netherlands
$140M -$9.46M -95,036 -6%
Wells Fargo
22
Wells Fargo
California
$136M +$34.6M +347,474 +33%
Thrivent Financial for Lutherans
23
Thrivent Financial for Lutherans
Minnesota
$117M -$7.11M -71,456 -6%
Victory Capital Management
24
Victory Capital Management
Texas
$113M -$13.7M -137,674 -11%
UBS AM
25
UBS AM
Illinois
$110M +$16.8M +169,060 +18%

ODFL Hedge Fund Activity: Q4 2020 in Review

634 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q4 2020, worth a combined $17B — up 11% from $15.3B a quarter earlier.

Buyers outnumbered sellers: 90 funds opened new ODFL positions and 52 closed out — a net gain of 38 holders — while 245 added to existing stakes and 228 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $441M. The largest seller was Capital Research Global Investors, cutting an estimated $253M.

  • 634 institutional investors held Old Dominion Freight Line (ODFL) as of Q4 2020, up from 604 in Q3 2020.
  • Funds reported $17B of Old Dominion Freight Line stock for Q4 2020, up 11% quarter-over-quarter.
  • 90 funds opened new Old Dominion Freight Line positions in Q4 2020 and 52 closed out, a net change of +38 holders.
  • The largest Old Dominion Freight Line buyer in Q4 2020 was T. Rowe Price Associates, an estimated $441M added.
  • The largest Old Dominion Freight Line seller in Q4 2020 was Capital Research Global Investors, an estimated $253M sold.

Based on aggregated 13F filings for Q4 2020.