OLD DOMINION FREIGHT LINE IN ODFL
COM · Common Stock · CUSIP 679580100 · ISIN US6795801009
American transportation company
Q4 2023 share counts are adjusted for a 2-for-1 stock split, so holders aren't shown as buying or selling because of it.
* 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 ($111.6m this quarter). Holder counts are more reliable. Shares outstanding: 217.3m as of 2024-05-03, 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 ≈ $219.83. Options: 28 managers hold calls ($209.3m notional), 24 hold puts ($133.0m).
Trends to Q1 2024
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 |
| Q4 2023 | 889 |
| Q1 2024 | 886 |
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 |
| Q4 2023 | 439 | 362 |
| Q1 2024 | 406 | 446 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $226.5m | $381.8m | 1.69 |
| Q3 2023 | $317.9m | $334.7m | 1.05 |
| Q4 2023 | $209.6m | $226.8m | 1.08 |
| Q1 2024 | $209.3m | $133.0m | 0.64 |
Biggest buyers
| CIBC Private Wealth Group LLC | Added | +3.2m |
| MORGAN STANLEY | Added | +1.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +1.1m |
| FIRST TRUST ADVISORS LP | Added | +834.4k |
| LORD, ABBETT & CO. LLC | Added | +678.9k |
| BlackRock Inc. | Added | +647.0k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +528.1k |
| Clearbridge Investments, LLC | New | +501.8k |
| BESSEMER GROUP INC | Added | +442.6k |
| HSBC HOLDINGS PLC | Added | +373.7k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -3.8m |
| Capital Research Global Investors | Reduced | -1.7m |
| NORTHERN TRUST CORP | Reduced | -674.3k |
| Alpha Omega Wealth Management LLC | Reduced | -455.8k |
| BARCLAYS PLC | Reduced | -455.2k |
| Thrivent Financial for Lutherans | Reduced | -409.6k |
| Caisse de depot et placement du Quebec | Reduced | -386.9k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -384.3k |
| TWINBEECH CAPITAL LP | Sold out | -344.5k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -306.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $33.7m153.7k shares |
| CITADEL ADVISORS LLC | Reduced | $30.4m138.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $27.5m125.4k shares |
| JANE STREET GROUP, LLC | Added | $18.2m83.0k shares |
| PEAK6 Investments LLC | Added | $12.9m58.8k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $12.5m56.8k shares |
| D. E. Shaw & Co., Inc. | Reduced | $10.6m48.4k shares |
| GROUP ONE TRADING LLC | Reduced | $10.4m47.2k shares |
| IMC-Chicago, LLC | Added | $7.5m34.4k shares |
| WOLVERINE TRADING, LLC | Added | $7.1m32.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $38.6m175.8k shares |
| CITADEL ADVISORS LLC | Reduced | $17.9m81.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $15.4m70.2k shares |
| PEAK6 Investments LLC | Added | $9.1m41.4k shares |
| BANK OF MONTREAL /CAN/ | New | $8.1m18.2k shares |
| Qube Research & Technologies Ltd | Reduced | $5.3m24.2k shares |
| BRANT POINT INVESTMENT MANAGEMENT LLC | Reduced | $5.3m240 shares |
| IMC-Chicago, LLC | Reduced | $4.8m22.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $4.8m21.8k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | $4.6m21.1k 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 Q1 2024
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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2023 | 0 | — | 1 | $15.0m | — |
| Q1 2024 | 0 | — | 2 | $18.5m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-02-27 | Kasarda John D. Director | Sold | $3.5m8.0k shares |
| 2024-02-23 | CONGDON DAVID S Executive Chairman, director · By David S. Congdon Revocable Trust dated 12/3/91 | Sold | $15.0m34.0k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.09% of their portfolio | 21.8m $4.8bn | Added +93.4k |
| BlackRock Inc. 0.09% of their portfolio | 18.3m $4.0bn | Added +647.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.37% of their portfolio | 13.7m $3.0bn | Added +1.1m |
| STATE STREET CORP 0.07% of their portfolio | 7.4m $1.6bn | Reduced -68.5k |
| CIBC Private Wealth Group LLC 3.15% of their portfolio | 7.4m $1.6bn | Added +3.2m |
| Capital Research Global Investors 0.33% of their portfolio | 6.6m $1.4bn | Reduced -1.7m |
| JPMORGAN CHASE & CO 0.06% of their portfolio | 6.1m $1.3bn | Reduced -3.8m |
| Bank of New York Mellon Corp 0.25% of their portfolio | 5.9m $1.3bn | Reduced -164.0k |
| MORGAN STANLEY 0.03% of their portfolio | 5.8m $1.3bn | Added +1.5m |
| FMR LLC 0.07% of their portfolio | 4.7m $1.0bn | Added +279.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 4.4m $970.7m | Added +124.3k |
| Invesco Ltd. 0.15% of their portfolio | 3.3m $715.5m | Added +356.6k |
| NORGES BANK 0.09% of their portfolio | 2.6m $566.9m | Added +140.6k |
| Capital World Investors 0.09% of their portfolio | 2.4m $535.9m | Added +12.5k |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 2.1m $449.8m | Reduced -187.1k |
| WCM INVESTMENT MANAGEMENT, LLC 1.04% of their portfolio | 2.0m $435.6m | Reduced -41.1k |
| Legal & General Group Plc 0.09% of their portfolio | 1.3m $296.4m | Reduced -11.6k |
| LONDON CO OF VIRGINIA 1.46% of their portfolio | 1.3m $276.5m | Reduced -277.4k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.69% of their portfolio | 1.3m $275.2m | Added +39.5k |
| NORTHERN TRUST CORP 0.04% of their portfolio | 1.2m $253.0m | Reduced -674.3k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 1.08% of their portfolio | 1.1m $242.0m | Added +528.1k |
| FIRST TRUST ADVISORS LP 0.24% of their portfolio | 1.1m $238.5m | Added +834.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 1.1m $237.7m | Added +30.9k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 1.1m $232.3m | Reduced -27.0k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 946.7k $207.6m | Reduced -21.1k |
| LORD, ABBETT & CO. LLC 0.33% of their portfolio | 935.8k $205.2m | Added +678.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 916.1k $200.9m | Reduced -5.2k |
| Qube Research & Technologies Ltd 0.34% of their portfolio | 869.7k $190.7m | Added +253.6k |
| Amundi 0.07% of their portfolio | 793.8k $165.0m | Reduced -99.2k |
| DF DENT & CO INC 2.06% of their portfolio | 768.5k $168.5m | Reduced -11.6k |
| HSBC HOLDINGS PLC 0.12% of their portfolio | 761.3k $166.9m | Added +373.7k |
| EVENTIDE ASSET MANAGEMENT, LLC 2.58% of their portfolio | 749.0k $164.3m | Reduced -93.8k |
| TD Asset Management Inc 0.14% of their portfolio | 699.9k $153.5m | Added +231.1k |
| EAGLE ASSET MANAGEMENT INC 0.78% of their portfolio | 698.2k $152.3m | Reduced -159.1k |
| Thrivent Financial for Lutherans 0.29% of their portfolio | 655.1k $143.7m | Reduced -409.6k |
| BARCLAYS PLC 0.06% of their portfolio | 638.1k $139.9m | Reduced -455.2k |
| Swiss National Bank 0.09% of their portfolio | 588.2k $129.0m | Reduced -27.0k |
| PARNASSUS INVESTMENTS, LLC 0.27% of their portfolio | 585.5k $128.4m | Reduced -93.6k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 583.7k $128.0m | Added +128.2k |
| TWO SIGMA INVESTMENTS, LP 0.31% of their portfolio | 578.4k $126.8m | Added +354.5k |
| Canal Capital Management, LLC 20.83% of their portfolio | 565.5k $124.0m | Added +2.3k |
| Clearbridge Investments, LLC 0.09% of their portfolio | 501.8k $110.1m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 495.1k $108.6m | Added +2.8k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 492.1k $107.9m | Reduced -140.4k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.25% of their portfolio | 484.7k $106.3m | Added +104.0k |
| UBS Group AG 0.03% of their portfolio | 474.6k $104.1m | Reduced -42.7k |
| BESSEMER GROUP INC 0.18% of their portfolio | 447.2k $98.1m | Added +442.6k |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 430.0k $94.3m | Added +4.5k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 429.0k $94.1m | Reduced -20.4k |
| CONGRESS ASSET MANAGEMENT CO 0.66% of their portfolio | 424.7k $93.1m | Reduced -4.0k |
| Allspring Global Investments Holdings, LLC 0.13% of their portfolio | 389.9k $85.5m | Added +32.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.31% of their portfolio | 381.2k $83.6m | Added +94.0k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 380.7k $83.5m | Reduced -195.6k |
| Quantum Capital Management, LLC / NJ 9.06% of their portfolio | 379.9k $83.3m | Added +48.1k |
| AQR CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 378.9k $82.0m | Added +55.8k |
| FRED ALGER MANAGEMENT, LLC 0.41% of their portfolio | 378.8k $83.1m | Reduced -45.0k |
| California Public Employees Retirement System 0.06% of their portfolio | 365.8k $80.2m | Reduced -10.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 364.5k $79.9m | Added +22.2k |
| Russell Investments Group, Ltd. 0.13% of their portfolio | 361.1k $84.0m | Added +45.9k |
| NATIXIS ADVISORS, LLC 0.18% of their portfolio | 359.7k $78.9m | Reduced -3.2k |
| Epoch Investment Partners, Inc. 0.33% of their portfolio | 340.2k $74.6m | Added +117.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 328.5k $72.0m | Reduced -890 |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 324.0k $71.1m | Added +3.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 319.8k $70.1m | Added +3.3k |
| Swedbank AB 0.10% of their portfolio | 315.9k $69.3m | Added +1.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.09% of their portfolio | 311.9k $68.4m | Reduced -59.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 304.4k $66.8m | Added +167.4k |
| BANK OF MONTREAL /CAN/ 0.04% of their portfolio | 294.9k $131.0m | Reduced -115.8k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 288.9k $63.4m | Reduced -9.3k |
| CREDIT SUISSE AG/ 0.06% of their portfolio | 269.1k $59.0m | Reduced -67.9k |
| STIFEL FINANCIAL CORP 0.07% of their portfolio | 268.1k $58.8m | Added +17.1k |
| BRIDGES INVESTMENT MANAGEMENT INC 1.79% of their portfolio | 260.7k $57.2m | Reduced -9.8k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 243.0k $53.3m | Added +5.6k |
| ProShare Advisors LLC 0.14% of their portfolio | 235.6k $51.7m | Added +42.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 233.5k $51.2m | Added +37.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 232.4k $51.0m | Reduced -306.5k |
| STRS OHIO 0.20% of their portfolio | 232.3k $51.0m | Added +19.9k |
| National Pension Service 0.06% of their portfolio | 228.9k $50.2m | Reduced -978 |
| Squarepoint Ops LLC 0.21% of their portfolio | 226.6k $49.7m | Added +123.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 219.6k $48.2m | Reduced -9.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.11% of their portfolio | 215.0k $47.0m | Reduced -16.5k |
| CITIGROUP INC 0.05% of their portfolio | 210.3k $46.1m | Reduced -1.6k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio | 202.2k $44.3m | Added +2.3k |
| TWO SIGMA ADVISERS, LP 0.10% of their portfolio | 201.6k $44.2m | Added +162.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 199.8k $43.8m | Reduced -4.5k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 195.9k $43.0m | Added +817 |
| Markel Group Inc. 0.42% of their portfolio | 195.0k $42.8m | Added +13.0k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 192.1k $42.1m | Added +31.1k |
| STOREBRAND ASSET MANAGEMENT AS 0.14% of their portfolio | 184.8k $40.5m | Reduced -73.3k |
| AVIVA PLC 0.13% of their portfolio | 179.5k $39.4m | Added +39.5k |
| Corient Private Wealth LP 0.08% of their portfolio | 179.3k $42.4m | Reduced -23.3k |
| Employees Retirement System of Texas 0.42% of their portfolio | 174.0k $38.2m | Unchanged |
| SIB LLC 17.07% of their portfolio | 165.2k $36.2m | Unchanged |
| PENSIOENFONDS RAIL & OV 2.62% of their portfolio | 164.8k $36.2m | Reduced -55.1k |
| CANADA LIFE ASSURANCE Co 0.07% of their portfolio | 161.0k $35.3m | Added +25.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 159.7k $35.0m | Added +12.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 157.4k $34.5m | Added +79.7k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.09% of their portfolio | 155.8k $34.2m | Reduced -37.5k |
| BANK OF NOVA SCOTIA 0.07% of their portfolio | 150.8k $33.1m | Reduced -40.5k |
| Durable Capital Partners LP 0.26% of their portfolio | 150.3k $33.0m | Reduced -63.7k |