Old Dominion Freight Line
ODFL
720 hedge funds and large institutions have $21.2B invested in Old Dominion Freight Line in 2022 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 236 increasing their positions, 330 reducing their positions, and 117 closing their positions.
3.34% more ownership
Funds ownership: 142.78% → 146.13% (+3.3%)
10% less funds holding
Funds holding: 800 → 720 (-80)
13% less capital invested
Capital invested by funds: $24.5B → $21.2B (-$3.27B)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
20% less call options, than puts
Call options by funds: $94.7M | Put options by funds: $119M
28% less repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 330
56% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 117
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$860M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$394M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$121M |
| 4 |
Goldman Sachs
New York
|
+$108M |
| 5 |
Royal London Asset Management
United Kingdom
|
+$82.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$201M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$184M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$153M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$107M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$72.9M |
ODFL Hedge Fund Activity: Q2 2022 in Review
720 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Old Dominion Freight Line (ODFL) for Q2 2022, worth a combined $21.2B — down 13% from $24.5B a quarter earlier.
Sellers outnumbered buyers: 117 funds closed out of ODFL and 51 opened new positions — a net loss of 66 holders — while 330 trimmed existing stakes and 236 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $860M. The largest seller was BlackRock, cutting an estimated $201M.
- 720 institutional investors held Old Dominion Freight Line (ODFL) as of Q2 2022, down from 800 in Q1 2022.
- Funds reported $21.2B of Old Dominion Freight Line stock for Q2 2022, down 13% quarter-over-quarter.
- 51 funds opened new Old Dominion Freight Line positions in Q2 2022 and 117 closed out, a net change of -66 holders.
- The largest Old Dominion Freight Line buyer in Q2 2022 was T. Rowe Price Associates, an estimated $860M added.
- The largest Old Dominion Freight Line seller in Q2 2022 was BlackRock, an estimated $201M sold.
Based on aggregated 13F filings for Q2 2022.