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 ($70.0m this quarter). Holder counts are more reliable. Shares outstanding: 109.1m as of 2023-11-03, 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 ≈ $409.06. Options: 31 managers hold calls ($317.9m notional), 30 hold puts ($334.7m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 741 |
| Q4 2022 | 762 |
| Q1 2023 | 791 |
| Q2 2023 | 786 |
| Q3 2023 | 829 |
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 |
| Q3 2023 | 383 | 368 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $94.3m | $173.5m | 1.84 |
| Q1 2023 | $194.6m | $310.4m | 1.59 |
| Q2 2023 | $226.5m | $381.8m | 1.69 |
| Q3 2023 | $317.9m | $334.7m | 1.05 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +251.3k |
| LORD, ABBETT & CO. LLC | Added | +238.6k |
| CITADEL ADVISORS LLC | Added | +227.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +161.2k |
| Balyasny Asset Management L.P. | Added | +129.2k |
| Allspring Global Investments Holdings, LLC | Added | +115.4k |
| MARSHALL WACE, LLP | Added | +105.5k |
| Holocene Advisors, LP | New | +77.4k |
| MORGAN STANLEY | Added | +69.0k |
| BANK OF AMERICA CORP /DE/ | Added | +58.4k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.8m |
| CIBC Private Wealth Group LLC | Reduced | -747.3k |
| ROYAL BANK OF CANADA | Reduced | -387.3k |
| Capital Research Global Investors | Reduced | -316.9k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -162.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -145.0k |
| FMR LLC | Reduced | -139.0k |
| ROYAL LONDON ASSET MANAGEMENT LTD | Reduced | -128.7k |
| PENSIOENFONDS RAIL & OV | Reduced | -126.1k |
| Bank of New York Mellon Corp | Reduced | -99.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $77.1m188.4k shares |
| CITADEL ADVISORS LLC | Reduced | $35.1m85.7k shares |
| D. E. Shaw & Co., Inc. | Added | $28.3m69.2k shares |
| JANE STREET GROUP, LLC | Reduced | $28.0m68.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $24.9m60.9k shares |
| GROUP ONE TRADING LLC | Added | $20.2m49.4k shares |
| SIMPLEX TRADING, LLC | Added | $18.5m45.3k shares |
| Squarepoint Ops LLC | Added | $13.3m32.5k shares |
| Walleye Capital LLC | Added | $11.7m28.6k shares |
| Twin Tree Management, LP | Reduced | $9.4m23.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $124.3m303.7k shares |
| CITADEL ADVISORS LLC | Reduced | $50.0m122.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $40.4m98.7k shares |
| JANE STREET GROUP, LLC | Added | $18.7m45.8k shares |
| Flat Footed LLC | Reduced | $16.1m39.3k shares |
| Walleye Capital LLC | Added | $15.9m38.9k shares |
| Parallax Volatility Advisers, L.P. | Added | $13.4m32.7k shares |
| SIMPLEX TRADING, LLC | Added | $10.1m24.8k shares |
| WOLVERINE TRADING, LLC | Added | $9.5m23.1k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $5.7m14.0k 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 2025-07-17 | 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2023 | 0 | — | 2 | $256.0k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-08-11 | Stith Thomas A. III Director | Sold | $92.6k225 shares |
| 2023-08-10 | Hartsell Steven W. SVP - Sales · By 401(k) plan | Sold | $163.3k403 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.11% of their portfolio | 10.7m $4.4bn | Reduced -52.0k |
| BlackRock Inc. 0.10% of their portfolio | 8.5m $3.5bn | Added +24.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.37% of their portfolio | 6.2m $2.6bn | Reduced -1.8m |
| Capital Research Global Investors 0.60% of their portfolio | 5.3m $2.2bn | Reduced -316.9k |
| STATE STREET CORP 0.08% of their portfolio | 3.7m $1.5bn | Reduced -2.1k |
| Bank of New York Mellon Corp 0.31% of their portfolio | 3.5m $1.4bn | Reduced -99.9k |
| JPMORGAN CHASE & CO 0.12% of their portfolio | 2.5m $1.0bn | Added +251.3k |
| FMR LLC 0.08% of their portfolio | 2.2m $902.4m | Reduced -139.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 2.1m $859.5m | Reduced -145.0k |
| CIBC Private Wealth Group LLC 2.02% of their portfolio | 2.1m $855.1m | Reduced -747.3k |
| Capital World Investors 0.14% of their portfolio | 1.7m $697.9m | Added +4.5k |
| Invesco Ltd. 0.15% of their portfolio | 1.4m $571.7m | Added +18.4k |
| NORGES BANK 0.10% of their portfolio | 1.2m $474.9m | Added +48.9k |
| GOLDMAN SACHS GROUP INC 0.12% of their portfolio | 1.2m $474.6m | Reduced -82.6k |
| NORTHERN TRUST CORP 0.08% of their portfolio | 1.0m $415.5m | Added +53.0k |
| WCM INVESTMENT MANAGEMENT, LLC 1.22% of their portfolio | 1.0m $416.5m | Added +13.1k |
| MORGAN STANLEY 0.04% of their portfolio | 961.5k $393.4m | Added +69.0k |
| LONDON CO OF VIRGINIA 1.87% of their portfolio | 763.3k $312.3m | Added +10.2k |
| Legal & General Group Plc 0.09% of their portfolio | 648.2k $265.2m | Reduced -25.5k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.83% of their portfolio | 629.7k $257.7m | Reduced -128.7k |
| LORD, ABBETT & CO. LLC 0.43% of their portfolio | 562.2k $230.0m | Added +238.6k |
| Thrivent Financial for Lutherans 0.52% of their portfolio | 535.0k $218.9m | Added +126 |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 517.7k $211.8m | Reduced -162.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 513.8k $210.2m | Added +4.7k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 453.3k $185.5m | Reduced -6.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio | 450.0k $184.1m | Added +35.4k |
| EVENTIDE ASSET MANAGEMENT, LLC 3.26% of their portfolio | 443.9k $181.6m | Reduced -962 |
| DF DENT & CO INC 2.40% of their portfolio | 400.0k $163.7m | Added +9.7k |
| EAGLE ASSET MANAGEMENT INC 0.88% of their portfolio | 364.0k $148.9m | Reduced -4.3k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 359.2k $147.0m | Added +58.4k |
| Amundi 0.06% of their portfolio | 319.7k $129.5m | Added +63 |
| Swiss National Bank 0.10% of their portfolio | 317.5k $129.9m | Reduced -39.9k |
| Canal Capital Management, LLC 23.44% of their portfolio | 281.0k $114.9m | Reduced -12.0k |
| Alpha Omega Wealth Management LLC 17.77% of their portfolio | 251.9k $103.1m | Reduced -230 |
| BARCLAYS PLC 0.07% of their portfolio | 250.2k $102.4m | Added +58.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 248.7k $101.7m | Reduced -3.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio | 248.0k $101.5m | Reduced -21.3k |
| PARNASSUS INVESTMENTS, LLC 0.24% of their portfolio | 238.4k $97.6m | Reduced -83.1k |
| TD Asset Management Inc 0.12% of their portfolio | 237.3k $97.1m | Reduced -20.3k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 232.3k $95.1m | Reduced -387.3k |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 228.9k $93.7m | Added +227.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.10% of their portfolio | 223.1k $91.3m | Reduced -17.8k |
| RHUMBLINE ADVISERS 0.10% of their portfolio | 216.7k $88.7m | Added +8.1k |
| CONGRESS ASSET MANAGEMENT CO 0.77% of their portfolio | 212.3k $86.9m | Added +1.4k |
| UBS Group AG 0.04% of their portfolio | 207.7k $85.0m | Added +4.8k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 205.8k $84.2m | Reduced -25.5k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 195.2k $79.9m | Reduced -50.2k |
| California Public Employees Retirement System 0.07% of their portfolio | 193.0k $79.0m | Added +2.9k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 191.3k $78.3m | Added +161.2k |
| NATIXIS ADVISORS, LLC 0.23% of their portfolio | 185.8k $76.0m | Reduced -210 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.10% of their portfolio | 177.2k $72.5m | Reduced -20.1k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.21% of their portfolio | 176.2k $72.1m | Reduced -77.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 175.5k $71.8m | Reduced -15.5k |
| CREDIT SUISSE AG/ 0.07% of their portfolio | 173.7k $71.1m | Reduced -2.7k |
| Quantum Capital Management, LLC / NJ 9.25% of their portfolio | 170.7k $69.8m | Reduced -55.7k |
| Caisse de depot et placement du Quebec 0.20% of their portfolio | 168.4k $68.9m | Added +53.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 167.8k $68.7m | Added +32.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio | 164.2k $67.2m | Added +43.3k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 158.2k $64.7m | Reduced -4.5k |
| Swedbank AB 0.12% of their portfolio | 158.2k $64.7m | Reduced -6.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 156.5k $64.0m | Reduced -4.8k |
| FRED ALGER MANAGEMENT, LLC 0.35% of their portfolio | 148.9k $60.9m | Reduced -87.8k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 142.0k $58.1m | Added +26.9k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 139.1k $57.0m | Added +14.7k |
| BRIDGES INVESTMENT MANAGEMENT INC 2.01% of their portfolio | 138.3k $56.6m | Reduced -6.4k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 137.3k $56.2m | Reduced -25.6k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 134.2k $54.9m | Reduced -33.2k |
| Balyasny Asset Management L.P. 0.15% of their portfolio | 131.0k $53.6m | Added +129.2k |
| HSBC HOLDINGS PLC 0.06% of their portfolio | 127.2k $52.0m | Reduced -5.5k |
| STIFEL FINANCIAL CORP 0.07% of their portfolio | 126.2k $51.7m | Reduced -7.4k |
| Allspring Global Investments Holdings, LLC 0.09% of their portfolio | 121.6k $49.7m | Added +115.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.11% of their portfolio | 121.6k $49.7m | Added +15.9k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 119.1k $48.7m | Added +18.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.11% of their portfolio | 115.6k $47.3m | Added +1.1k |
| National Pension Service 0.07% of their portfolio | 115.0k $45.9m | Reduced -8.1k |
| ProShare Advisors LLC 0.15% of their portfolio | 114.3k $46.8m | Added +11.4k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.15% of their portfolio | 111.9k $45.8m | Reduced -2.5k |
| Mitsubishi UFJ Trust & Banking Corp 0.11% of their portfolio | 111.6k $45.7m | Reduced -1.0k |
| PENSIOENFONDS RAIL & OV 2.83% of their portfolio | 110.1k $42.6m | Reduced -126.1k |
| Mirae Asset Global Investments Co., Ltd. 0.10% of their portfolio | 110.1k $45.0m | Added +17.2k |
| MARSHALL WACE, LLP 0.09% of their portfolio | 106.3k $43.5m | Added +105.5k |
| STRS OHIO 0.19% of their portfolio | 106.1k $43.4m | Added +3.0k |
| Corient Private Wealth LP 0.10% of their portfolio | 105.6k $43.2m | Reduced -21.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio | 104.4k $42.7m | Reduced -8.4k |
| CITIGROUP INC 0.06% of their portfolio | 101.5k $41.5m | Reduced -12.3k |
| Zurich Insurance Group Ltd/FI 0.44% of their portfolio | 101.0k $41.3m | Reduced -21.6k |
| Artisan Partners Limited Partnership 0.07% of their portfolio | 101.0k $41.3m | Reduced -2.3k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 99.0k $40.5m | Added +2.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 96.3k $39.4m | Reduced -72.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.08% of their portfolio | 93.3k $38.2m | Added +8.9k |
| TORONTO DOMINION BANK 0.03% of their portfolio | 91.9k $37.6m | Reduced -3.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.11% of their portfolio | 89.6k $36.7m | Added +772 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.08% of their portfolio | 88.9k $36.4m | Reduced -500 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 88.8k $36.3m | Reduced -50.0k |
| Employees Retirement System of Texas 0.53% of their portfolio | 87.0k $35.6m | Unchanged |
| Epoch Investment Partners, Inc. 0.22% of their portfolio | 82.6k $33.8m | Reduced -11.4k |
| SIB LLC 20.01% of their portfolio | 82.6k $33.8m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.08% of their portfolio | 81.3k $33.3m | Reduced -112 |
| Ensign Peak Advisors, Inc 0.07% of their portfolio | 80.0k $32.8m | Added +1.4k |
| Markel Group Inc. 0.39% of their portfolio | 79.5k $32.5m | Added +12.0k |