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Old Dominion Freight Line

719 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 118 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.12% more ownership

Funds ownership: 143.01%146.13% (+3.1%)

10% less funds holding

Funds holding: 800719 (-81)

13% less capital invested

Capital invested by funds: $24.5B → $21.2B (-$3.25B)

18% less funds holding in top 10

Funds holding in top 10: 119 (-2)

23% less call options, than puts

Call options by funds: $96.5M | Put options by funds: $125M

28% less repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 330

57% less first-time investments, than exits

New positions opened: 51 | Existing positions closed: 118

Holders
719
Holders Change
-81
Holders Change %
-10.13%
% of All Funds
12.11%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.15%
New
51
Increased
236
Reduced
330
Closed
118
Calls
$96.5M
Puts
$125M
Net Calls
-$28.4M
Net Calls Change
+$4.05M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.77B -$14.4M -109,936 -0.5%
BlackRock
2
BlackRock
New York
$2.43B -$201M -1,536,102 -7%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$2.33B +$860M +6,564,628 +57%
Capital Research Global Investors
4
Capital Research Global Investors
California
$1.9B +$394M +3,009,212 +25%
State Street
5
State Street
Massachusetts
$1B -$40.8M -311,370 -4%
JP Morgan Chase
6
JP Morgan Chase
New York
$699M +$16.7M +127,340 +2%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$494M +$3.23M +24,656 +0.6%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$419M -$184M -1,403,088 -30%
CIBC Private Wealth Group
9
CIBC Private Wealth Group
Georgia
$354M +$23.6M +180,460 +7%
WCM Investment Management
10
WCM Investment Management
California
$351M -$153M -1,170,302 -30%
Northern Trust
11
Northern Trust
Illinois
$296M -$7.73M -58,972 -2%
Invesco
12
Invesco
Georgia
$290M -$107M -818,290 -27%
Capital International Investors
13
Capital International Investors
California
$258M
Norges Bank
14
Norges Bank
Norway
$247M +$121M +927,002 +93%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$204M +$8.37M +63,892 +4%
Legal & General Group
16
Legal & General Group
United Kingdom
$202M -$13M -98,982 -6%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$198M +$4.97M +37,946 +3%
Goldman Sachs
18
Goldman Sachs
New York
$195M +$108M +823,032 +118%
California Public Employees Retirement System
19
California Public Employees Retirement System
California
$187M -$3.17M -24,188 -2%
Dimensional Fund Advisors
20
Dimensional Fund Advisors
Texas
$186M -$8.92M -68,076 -4%
LCOV
21
London Company of Virginia
Virginia
$185M -$2.81M -21,440 -1%
Morgan Stanley
22
Morgan Stanley
New York
$179M -$37.9M -289,324 -17%
Royal London Asset Management
23
Royal London Asset Management
United Kingdom
$176M +$82.6M +630,328 +85%
Thrivent Financial for Lutherans
24
Thrivent Financial for Lutherans
Minnesota
$135M +$593K +4,522 +0.4%
UBS AM
25
UBS AM
Illinois
$129M -$24.1M -183,792 -15%

ODFL Hedge Fund Activity: Q2 2022 in Review

719 of the 5,936 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: 118 funds closed out of ODFL and 51 opened new positions — a net loss of 67 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.

  • 719 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 118 closed out, a net change of -67 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.