OLD DOMINION FREIGHT LINE IN ODFL
COM · Common Stock · CUSIP 679580100 · ISIN US6795801009
American transportation 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 ($65.3m this quarter). Holder counts are more reliable. Shares outstanding: 109.3m as of 2023-08-03, 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 ≈ $369.39. Options: 24 managers hold calls ($226.5m notional), 30 hold puts ($381.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 741 |
| Q4 2022 | 762 |
| Q1 2023 | 791 |
| Q2 2023 | 786 |
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 2022 | 322 | 375 |
| Q1 2023 | 369 | 360 |
| Q2 2023 | 343 | 400 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $128.6m | $137.4m | 1.07 |
| Q4 2022 | $94.3m | $173.5m | 1.84 |
| Q1 2023 | $194.6m | $310.4m | 1.59 |
| Q2 2023 | $226.5m | $381.8m | 1.69 |
Biggest buyers
| Bank of New York Mellon Corp | Added | +1.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +603.6k |
| PARNASSUS INVESTMENTS, LLC | Added | +276.6k |
| GOLDMAN SACHS GROUP INC | Added | +227.8k |
| JPMORGAN CHASE & CO | Added | +183.0k |
| Zurich Insurance Group Ltd/FI | New | +122.6k |
| Artisan Partners Limited Partnership | New | +103.2k |
| AMERIPRISE FINANCIAL INC | Added | +81.6k |
| Durable Capital Partners LP | New | +79.5k |
| Invesco Ltd. | Added | +78.5k |
Biggest sellers
| FMR LLC | Reduced | -2.4m |
| Capital Research Global Investors | Reduced | -1.1m |
| BlackRock Inc. | Reduced | -679.5k |
| CITADEL ADVISORS LLC | Reduced | -291.6k |
| Balyasny Asset Management L.P. | Reduced | -278.1k |
| STRS OHIO | Reduced | -268.0k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -196.1k |
| Qube Research & Technologies Ltd | Reduced | -128.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Sold out | -108.8k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -97.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $46.0m124.4k shares |
| JANE STREET GROUP, LLC | Added | $32.7m88.4k shares |
| CITADEL ADVISORS LLC | Reduced | $32.6m88.1k shares |
| Twin Tree Management, LP | Added | $32.4m87.6k shares |
| D. E. Shaw & Co., Inc. | Added | $16.6m45.0k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $13.5m36.5k shares |
| SIMPLEX TRADING, LLC | Added | $12.3m33.2k shares |
| NOMURA HOLDINGS INC | Added | $10.9m29.4k shares |
| GROUP ONE TRADING LLC | Added | $9.5m25.7k shares |
| PEAK6 Investments LLC | Reduced | $5.6m15.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $124.4m336.5k shares |
| CITADEL ADVISORS LLC | Reduced | $50.6m136.8k shares |
| Flat Footed LLC | Added | $44.6m120.5k shares |
| MOORE CAPITAL MANAGEMENT, LP | New | $39.9m107.9k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | Reduced | $18.5m50.0k shares |
| CITIGROUP INC | Reduced | $17.4m47.0k shares |
| Walleye Trading LLC | Added | $16.5m44.6k shares |
| JANE STREET GROUP, LLC | Reduced | $9.2m24.9k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $8.7m23.6k shares |
| PEAK6 Investments LLC | Reduced | $6.8m18.3k 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 2025-07-17 | 6.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 6.7% |
| FMR LLC 13G · institution new · filed 2026-05-06 | 5.6% |
Fell to 5% or below in the last year: PRICE T ROWE ASSOCIATES INC /MD/ (4.7%, 2026-08-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), CONGDON DAVID S (3.7%, 2026-02-13)
Insider purchases and sales in Q2 2023
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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 2 | $16.0m | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 2 | $15.0m | — |
| Q4 2022 | 0 | — | 2 | $10.4m | — |
| Q1 2023 | 0 | — | 3 | $8.4m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.09% of their portfolio | 10.8m $4.0bn | Reduced -63.6k |
| BlackRock Inc. 0.09% of their portfolio | 8.5m $3.1bn | Reduced -679.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.42% of their portfolio | 8.1m $3.0bn | Added +603.6k |
| Capital Research Global Investors 0.56% of their portfolio | 5.7m $2.1bn | Reduced -1.1m |
| STATE STREET CORP 0.07% of their portfolio | 3.7m $1.4bn | Added +53.2k |
| Bank of New York Mellon Corp 0.28% of their portfolio | 3.6m $1.3bn | Added +1.4m |
| CIBC Private Wealth Group LLC 1.15% of their portfolio | 2.8m $1.0bn | Added +68.2k |
| FMR LLC 0.07% of their portfolio | 2.3m $866.9m | Reduced -2.4m |
| JPMORGAN CHASE & CO 0.10% of their portfolio | 2.3m $845.7m | Added +183.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 2.2m $830.0m | Added +51.8k |
| Capital World Investors 0.12% of their portfolio | 1.7m $629.1m | Added +4.8k |
| Invesco Ltd. 0.13% of their portfolio | 1.4m $509.9m | Added +78.5k |
| GOLDMAN SACHS GROUP INC 0.12% of their portfolio | 1.2m $459.5m | Added +227.8k |
| NORGES BANK 0.08% of their portfolio | 1.1m $411.0m | Reduced -22.4k |
| WCM INVESTMENT MANAGEMENT, LLC 1.10% of their portfolio | 998.8k $368.9m | Reduced -60.8k |
| NORTHERN TRUST CORP 0.07% of their portfolio | 962.5k $355.9m | Reduced -53.1k |
| MORGAN STANLEY 0.03% of their portfolio | 892.6k $330.0m | Reduced -8.8k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.91% of their portfolio | 758.4k $280.4m | Added +52.8k |
| LONDON CO OF VIRGINIA 1.57% of their portfolio | 753.1k $278.4m | Reduced -36.1k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 679.8k $251.4m | Reduced -79.4k |
| Legal & General Group Plc 0.08% of their portfolio | 673.7k $249.1m | Reduced -12.8k |
| ROYAL BANK OF CANADA 0.06% of their portfolio | 619.6k $229.1m | Added +33.3k |
| Thrivent Financial for Lutherans 0.45% of their portfolio | 534.8k $197.8m | Reduced -3.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 509.1k $188.2m | Reduced -473 |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 459.9k $170.1m | Reduced -454 |
| EVENTIDE ASSET MANAGEMENT, LLC 2.78% of their portfolio | 444.9k $164.5m | Added +401 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 414.6k $141.3m | Unchanged |
| DF DENT & CO INC 1.95% of their portfolio | 390.3k $144.3m | Added +66.8k |
| EAGLE ASSET MANAGEMENT INC 0.76% of their portfolio | 368.4k $136.2m | Reduced -62.6k |
| Swiss National Bank 0.09% of their portfolio | 357.4k $132.1m | Reduced -15.2k |
| LORD, ABBETT & CO. LLC 0.21% of their portfolio | 323.5k $119.6m | Added +28.6k |
| PARNASSUS INVESTMENTS, LLC 0.28% of their portfolio | 321.6k $118.9m | Added +276.6k |
| Amundi 0.06% of their portfolio | 319.7k $117.6m | Added +7.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 300.8k $111.2m | Reduced -97.0k |
| Canal Capital Management, LLC 21.91% of their portfolio | 293.0k $108.3m | Added +155 |
| VOYA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio | 269.3k $99.6m | Reduced -47.2k |
| TD Asset Management Inc 0.11% of their portfolio | 257.7k $95.3m | Reduced -7.8k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.26% of their portfolio | 253.5k $93.7m | Added +14.0k |
| Alpha Omega Wealth Management LLC 15.75% of their portfolio | 252.2k $93.2m | Reduced -80 |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 252.0k $93.2m | Reduced -23.9k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 245.4k $90.7m | Added +5.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.10% of their portfolio | 241.0k $89.1m | Reduced -45.8k |
| FRED ALGER MANAGEMENT, LLC 0.45% of their portfolio | 236.7k $87.5m | Added +39.8k |
| PENSIOENFONDS RAIL & OV 3.25% of their portfolio | 236.3k $87.4m | Unchanged |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 231.3k $85.5m | Added +10.6k |
| Quantum Capital Management, LLC / NJ 10.10% of their portfolio | 226.4k $83.7m | Reduced -9.8k |
| CONGRESS ASSET MANAGEMENT CO 0.68% of their portfolio | 210.9k $78.0m | Reduced -8.3k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 208.6k $77.1m | Added +3.1k |
| UBS Group AG 0.03% of their portfolio | 202.9k $75.0m | Added +69.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.09% of their portfolio | 197.3k $73.0m | Added +31.0k |
| BARCLAYS PLC 0.05% of their portfolio | 192.0k $71.0m | Added +67.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 191.0k $70.6m | Reduced -2.1k |
| California Public Employees Retirement System 0.06% of their portfolio | 190.1k $70.3m | Reduced -39.7k |
| NATIXIS ADVISORS, LLC 0.21% of their portfolio | 186.0k $68.8m | Reduced -1.1k |
| CREDIT SUISSE AG/ 0.06% of their portfolio | 176.4k $65.2m | Reduced -5.3k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 168.5k $62.3m | Added +81.6k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 167.4k $61.9m | Added +58.1k |
| Swedbank AB 0.11% of their portfolio | 164.2k $60.7m | Added +536 |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 162.9k $60.2m | Reduced -876 |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 162.7k $60.2m | Reduced -97.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.08% of their portfolio | 161.3k $59.6m | Added +3.1k |
| BRIDGES INVESTMENT MANAGEMENT INC 1.80% of their portfolio | 144.7k $53.5m | Reduced -1.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 138.8k $51.3m | Reduced -29.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 135.3k $50.0m | Added +615 |
| STIFEL FINANCIAL CORP 0.07% of their portfolio | 133.6k $49.4m | Added +1.8k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 132.6k $49.0m | Added +29.2k |
| Corient Private Wealth LP 0.11% of their portfolio | 126.6k $46.8m | Reduced -381 |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 124.4k $46.1m | Added +20.8k |
| National Pension Service 0.07% of their portfolio | 123.1k $46.2m | Added +4.2k |
| Zurich Insurance Group Ltd/FI 0.47% of their portfolio | 122.6k $45.3m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 120.9k $44.7m | Added +171 |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 115.1k $42.5m | Reduced -16.5k |
| Caisse de depot et placement du Quebec 0.11% of their portfolio | 114.6k $42.4m | Reduced -51.2k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.09% of their portfolio | 114.5k $42.3m | Reduced -5.6k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 114.5k $42.3m | Added +41.9k |
| CITIGROUP INC 0.05% of their portfolio | 113.8k $42.1m | Reduced -34.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 112.8k $41.7m | Reduced -1.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.10% of their portfolio | 112.7k $41.7m | Reduced -4.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 105.7k $39.1m | Added +72.5k |
| Artisan Partners Limited Partnership 0.06% of their portfolio | 103.2k $38.2m | New |
| STRS OHIO 0.16% of their portfolio | 103.1k $38.1m | Reduced -268.0k |
| ProShare Advisors LLC 0.11% of their portfolio | 102.9k $38.1m | Reduced -5.7k |
| Russell Investments Group, Ltd. 0.07% of their portfolio | 100.4k $37.2m | Added +11.8k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 96.4k $35.6m | Added +10 |
| TORONTO DOMINION BANK 0.03% of their portfolio | 95.7k $35.4m | Added +54.2k |
| Epoch Investment Partners, Inc. 0.20% of their portfolio | 94.0k $34.8m | Added +4.4k |
| OSTERWEIS CAPITAL MANAGEMENT INC 2.29% of their portfolio | 93.7k $34.6m | Added +1.6k |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 93.4k $34.5m | Reduced -850 |
| Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio | 92.9k $34.3m | Reduced -7.6k |
| Korea Investment CORP 0.09% of their portfolio | 91.1k $33.7m | Added +24.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.07% of their portfolio | 89.4k $33.1m | Added +10.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.10% of their portfolio | 88.8k $32.9m | Added +5.9k |
| Employees Retirement System of Texas 0.44% of their portfolio | 87.0k $32.2m | Added +24.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 84.4k $31.2m | Added +7.9k |
| SIB LLC 17.35% of their portfolio | 82.6k $30.5m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.07% of their portfolio | 81.4k $30.2m | Added +7.3k |
| PRUDENTIAL FINANCIAL INC 0.04% of their portfolio | 79.8k $29.5m | Reduced -1.3k |
| Durable Capital Partners LP 0.26% of their portfolio | 79.5k $29.4m | New |
| Ensign Peak Advisors, Inc 0.06% of their portfolio | 78.6k $29.1m | Reduced -22.0k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 75.7k $28.0m | Added +10.8k |