ARCBEST CORP ARCB
COM · Common Stock · CUSIP 03937C105
American transportation holding company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($11.6m this quarter). Holder counts are more reliable. Shares outstanding: 22.5m as of 2025-10-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $69.91. Options: 7 managers hold calls ($5.9m notional), 5 hold puts ($17.8m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 259 |
| Q4 2022 | 260 |
| Q1 2023 | 279 |
| Q2 2023 | 275 |
| Q3 2023 | 281 |
| Q4 2023 | 310 |
| Q1 2024 | 318 |
| Q2 2024 | 301 |
| Q3 2024 | 289 |
| Q4 2024 | 275 |
| Q1 2025 | 274 |
| Q2 2025 | 277 |
| Q3 2025 | 271 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 141 | 148 |
| Q1 2024 | 131 | 169 |
| Q2 2024 | 137 | 182 |
| Q3 2024 | 130 | 159 |
| Q4 2024 | 111 | 155 |
| Q1 2025 | 137 | 126 |
| Q2 2025 | 147 | 138 |
| Q3 2025 | 137 | 136 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $25.0m | $24.0m | 0.96 |
| Q1 2025 | $2.0m | $4.2m | 2.14 |
| Q2 2025 | $4.2m | $3.8m | 0.91 |
| Q3 2025 | $5.9m | $17.8m | 3.01 |
Biggest buyers
| TURTLE CREEK ASSET MANAGEMENT INC. | New | +565.5k |
| TWO SIGMA INVESTMENTS, LP | Added | +167.2k |
| JPMORGAN CHASE & CO | Added | +160.9k |
| WASATCH ADVISORS LP | New | +125.5k |
| JANE STREET GROUP, LLC | New | +85.2k |
| AMERICAN CENTURY COMPANIES INC | Added | +71.4k |
| WESTWOOD HOLDINGS GROUP INC | Added | +64.8k |
| Trexquant Investment LP | New | +57.1k |
| Allianz Asset Management GmbH | Added | +57.0k |
| WINTON GROUP Ltd | New | +56.8k |
Biggest sellers
| FMR LLC | Reduced | -273.6k |
| BlackRock, Inc. | Reduced | -271.0k |
| Interval Partners, LP | Sold out | -232.7k |
| Balyasny Asset Management L.P. | Sold out | -215.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -164.9k |
| Encompass Capital Advisors LLC | Sold out | -164.4k |
| CITADEL ADVISORS LLC | Reduced | -95.7k |
| Schonfeld Strategic Advisors LLC | Sold out | -86.7k |
| Allspring Global Investments Holdings, LLC | Reduced | -80.5k |
| MARSHALL WACE, LLP | Reduced | -73.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $2.8m40.2k shares |
| IMC-Chicago, LLC | New | $957.2k13.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $719.7k10.3k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | New | $698.7k10.0k shares |
| JANE STREET GROUP, LLC | Added | $342.4k4.9k shares |
| WOLVERINE TRADING, LLC | Added | $326.2k4.7k shares |
| SIMPLEX TRADING, LLC | Added | $48.0k700 shares |
Biggest puts
| BANK OF AMERICA CORP /DE/ | New | $14.0m200.0k shares |
| CITADEL ADVISORS LLC | Reduced | $2.2m30.8k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | New | $782.5k11.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $775.6k11.1k shares |
| SIMPLEX TRADING, LLC | Added | $69.0k1.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-18 | 14.7% |
| Invesco Ltd. 13G · institution new · filed 2026-08-13 | 7.4% |
| AMERICAN CENTURY INVESTMENT MANAGEMENT INC 13G · institution +1.1 pts · filed 2026-08-14 | 6.9% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2025-04-15 | 6.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-28 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
Fell to 5% or below in the last year: FMR LLC (0.6%, 2026-08-06), ALLIANCEBERNSTEIN L.P. (4.6%, 2026-05-18), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 1 | $415.0k | — |
| Q1 2024 | 0 | — | 1 | $283.2k | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 1 | $103.9k | 0 | — | — |
| Q4 2024 | 0 | — | 2 | $1.7m | — |
| Q1 2025 | 1 | $52.4k | 0 | — | — |
| Q2 2025 | 1 | $201.7k | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 3.4m $235.9m | Reduced -271.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.4m $170.8m | Reduced -50.8k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 1.5m $106.9m | Reduced -70.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.3m $93.7m | Reduced -3.9k |
| STATE STREET CORP 0.00% of their portfolio | 948.2k $66.3m | Reduced -17.9k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 817.1k $57.1m | Added +71.4k |
| WESTWOOD HOLDINGS GROUP INC 0.41% of their portfolio | 813.9k $56.9m | Added +64.8k |
| FMR LLC 0.00% of their portfolio | 747.5k $52.2m | Reduced -273.6k |
| TURTLE CREEK ASSET MANAGEMENT INC. 1.19% of their portfolio | 565.5k $39.5m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 562.8k $39.3m | Reduced -3.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.14% of their portfolio | 520.9k $36.4m | Added +24.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 491.5k $34.3m | Added +1.4k |
| MORGAN STANLEY 0.00% of their portfolio | 484.0k $33.8m | Added +40.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 483.6k $33.8m | Added +20.0k |
| LSV ASSET MANAGEMENT 0.07% of their portfolio | 449.2k $31.4m | Reduced -22.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 345.4k $24.1m | Added +160.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 328.7k $23.0m | Reduced -6.0k |
| Nuveen, LLC 0.01% of their portfolio | 320.8k $22.4m | Reduced -30.7k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 315.7k $22.1m | Reduced -24.9k |
| Rockefeller Capital Management L.P. 0.04% of their portfolio | 306.2k $21.4m | Added +28.7k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 281.8k $19.7m | Added +167.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 211.7k $14.8m | Reduced -5.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 189.3k $13.2m | Reduced -3.4k |
| SEGALL BRYANT & HAMILL, LLC 0.15% of their portfolio | 161.0k $11.2m | Reduced -4.6k |
| Partners Group Holding AG 0.61% of their portfolio | 147.5k $10.3m | Unchanged |
| TOWLE & CO 2.41% of their portfolio | 136.8k $9.6m | Reduced -26.0k |
| Invesco Ltd. 0.00% of their portfolio | 126.9k $8.9m | Added +6.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 126.7k $8.9m | Added +37.1k |
| WASATCH ADVISORS LP 0.05% of their portfolio | 125.5k $8.8m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 123.7k $8.6m | Reduced -23.8k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 121.1k $8.5m | Added +35.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 120.9k $8.5m | Added +22.1k |
| Empowered Funds, LLC 0.08% of their portfolio | 115.1k $8.0m | Added +34.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 109.8k $7.7m | Reduced -3.9k |
| ROYCE & ASSOCIATES LP 0.07% of their portfolio | 97.8k $6.8m | Reduced -18.3k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 89.1k $6.2m | Added +57.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 89.1k $6.2m | Reduced -95.7k |
| Public Sector Pension Investment Board 0.02% of their portfolio | 88.7k $6.2m | Added +10.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.13% of their portfolio | 85.4k $6.0m | Added +5.1k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 85.2k $6.0m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 84.6k $5.9m | Added +45 |
| FAS Wealth Partners, Inc. 0.33% of their portfolio | 70.4k $4.9m | Added +51 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 69.1k $4.8m | Added +180 |
| FORMULA GROWTH LTD 1.66% of their portfolio | 66.6k $4.7m | Added +4.5k |
| Impala Asset Management LLC 2.94% of their portfolio | 66.0k $4.6m | Reduced -5.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 60.6k $4.2m | Reduced -164.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 59.6k $4.2m | Added +17.6k |
| Legal & General Group Plc 0.00% of their portfolio | 59.2k $4.1m | Reduced -4.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 59.0k $4.1m | Added +21.3k |
| Trexquant Investment LP 0.04% of their portfolio | 57.1k $4.0m | New |
| WINTON GROUP Ltd 0.15% of their portfolio | 56.8k $4.0m | New |
| Verition Fund Management LLC 0.02% of their portfolio | 56.4k $3.9m | Added +35.3k |
| Seven Six Capital Management, LLC 3.76% of their portfolio | 54.6k $3.8m | Reduced -999 |
| Bastion Asset Management Inc. 2.18% of their portfolio | 54.3k $3.8m | New |
| Susquehanna Portfolio Strategies, LLC 0.06% of their portfolio | 51.3k $3.6m | Added +29.3k |
| BARCLAYS PLC 0.00% of their portfolio | 50.4k $3.5m | Reduced -47.4k |
| UBS Group AG 0.00% of their portfolio | 49.6k $3.5m | Added +11.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 45.7k $3.2m | Reduced -3.3k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 45.1k $3.2m | Added +24.6k |
| Swiss National Bank 0.00% of their portfolio | 44.2k $3.1m | Unchanged |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 43.5k $3.0m | Reduced -80.5k |
| Walleye Capital LLC 0.02% of their portfolio | 43.2k $3.0m | Reduced -57.1k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 40.4k $2.8m | Reduced -73.7k |
| CAPITAL FUND MANAGEMENT S.A. 0.03% of their portfolio | 40.1k $2.8m | Reduced -15.6k |
| Moody Aldrich Partners LLC 0.50% of their portfolio | 37.7k $2.6m | Reduced -1.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 37.0k $2.6m | Added +4.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 36.9k $2.6m | Added +4.3k |
| Squarepoint Ops LLC 0.00% of their portfolio | 32.3k $2.3m | Added +2.0k |
| Engineers Gate Manager LP 0.03% of their portfolio | 32.1k $2.2m | Added +6.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 31.3k $2.2m | Reduced -236 |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 29.5k $2.1m | Reduced -840 |
| ALGERT GLOBAL LLC 0.03% of their portfolio | 28.8k $2.0m | Added +930 |
| Linden Thomas Advisory Services, LLC 0.19% of their portfolio | 27.1k $1.9m | Added +675 |
| Orchard Capital Management, LLC 2.49% of their portfolio | 27.0k $1.9m | Added +836 |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 26.5k $1.8m | Reduced -71.1k |
| Holocene Advisors, LP 0.00% of their portfolio | 26.4k $1.8m | Added +19.2k |
| Woodline Partners LP 0.01% of their portfolio | 25.9k $1.8m | New |
| Horrell Capital Management, Inc. 0.74% of their portfolio | 25.2k $1.8m | Reduced -2.2k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 24.1k $1.7m | Added +2.0k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 23.0k $1.6m | Reduced -3.8k |
| Federation des caisses Desjardins du Quebec 0.01% of their portfolio | 22.9k $1.6m | Reduced -113 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 22.4k $1.6m | Added +2.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 20.9k $1.5m | Added +628 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 20.5k $1.4m | Reduced -14.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 20.5k $1.4m | Added +2.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 20.3k $1.4m | Reduced -1.5k |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 17.7k $1.2m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 17.7k $1.2m | Reduced -27.0k |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 17.4k $1.2m | Added +1.8k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 16.4k $1.1m | Reduced -451 |
| Pathstone Holdings, LLC 0.00% of their portfolio | 16.4k $1.1m | Added +1.1k |
| Perbak Capital Partners LLP 0.20% of their portfolio | 16.1k $1.1m | New |
| MERIDIAN INVESTMENT COUNSEL INC. 0.26% of their portfolio | 15.2k $1.1m | Unchanged |
| Crestwood Advisors Group, LLC 0.02% of their portfolio | 15.1k $1.1m | Reduced -11 |
| JUPITER ASSET MANAGEMENT LTD 0.01% of their portfolio | 14.3k $1.0m | Unchanged |
| Pinnacle Holdings, LLC 0.34% of their portfolio | 14.1k $985.8k | Reduced -32 |
| Creative Planning 0.00% of their portfolio | 13.7k $959.6k | Added +2.6k |
| CITIGROUP INC 0.00% of their portfolio | 13.5k $943.2k | Reduced -12.9k |
| Summit Global Investments 0.05% of their portfolio | 13.4k $939.0k | New |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 13.0k $908.3k | Added +9.5k |