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 ($133.7m this quarter). Holder counts are more reliable. Shares outstanding: 214.3m as of 2024-08-02, 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 ≈ $176.84. Options: 26 managers hold calls ($163.5m notional), 26 hold puts ($120.5m).
Trends to Q2 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 |
| Q2 2024 | 879 |
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 |
| Q2 2024 | 476 | 403 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $317.9m | $334.7m | 1.05 |
| Q4 2023 | $209.6m | $226.8m | 1.08 |
| Q1 2024 | $209.3m | $133.0m | 0.64 |
| Q2 2024 | $163.5m | $120.5m | 0.74 |
Biggest buyers
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +2.6m |
| CIBC Private Wealth Group LLC | Added | +1.4m |
| Invesco Ltd. | Added | +1.4m |
| LAZARD ASSET MANAGEMENT LLC | Added | +1.2m |
| Durable Capital Partners LP | Added | +910.5k |
| TWO SIGMA ADVISERS, LP | Added | +733.4k |
| Fayez Sarofim & Co | Added | +625.6k |
| TWO SIGMA INVESTMENTS, LP | Added | +616.8k |
| NORTHERN TRUST CORP | Added | +583.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +537.1k |
Biggest sellers
| Capital Research Global Investors | Reduced | -6.6m |
| MORGAN STANLEY | Reduced | -3.1m |
| BlackRock Inc. | Reduced | -2.0m |
| FMR LLC | Reduced | -1.6m |
| JPMORGAN CHASE & CO | Reduced | -961.9k |
| LORD, ABBETT & CO. LLC | Sold out | -935.8k |
| HSBC HOLDINGS PLC | Reduced | -432.8k |
| CONGRESS ASSET MANAGEMENT CO | Reduced | -422.2k |
| NORGES BANK | Reduced | -219.7k |
| Qube Research & Technologies Ltd | Reduced | -210.6k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $38.0m215.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $27.4m155.2k shares |
| GROUP ONE TRADING LLC | Added | $16.7m94.4k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $9.6m54.4k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | New | $8.8m50.0k shares |
| IMC-Chicago, LLC | Added | $6.9m39.3k shares |
| WOLVERINE TRADING, LLC | Added | $6.6m37.2k shares |
| CITIGROUP INC | Added | $6.4m36.0k shares |
| JANE STREET GROUP, LLC | Reduced | $5.4m30.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $5.4m30.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $39.0m220.6k shares |
| CITADEL ADVISORS LLC | Added | $18.8m106.4k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $8.9m50.6k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $8.3m47.2k shares |
| Qube Research & Technologies Ltd | Added | $5.7m32.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $5.5m31.4k shares |
| IMC-Chicago, LLC | Added | $3.9m22.3k shares |
| BRANT POINT INVESTMENT MANAGEMENT LLC | Reduced | $3.5m200 shares |
| JANE STREET GROUP, LLC | Added | $3.5m19.7k shares |
| Parallax Volatility Advisers, L.P. | Added | $3.2m18.0k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.07% of their portfolio | 22.0m $3.9bn | Added +245.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.34% of their portfolio | 16.3m $2.9bn | Added +2.6m |
| BlackRock Inc. 0.06% of their portfolio | 16.2m $2.9bn | Reduced -2.0m |
| CIBC Private Wealth Group LLC 2.99% of their portfolio | 8.8m $1.6bn | Added +1.4m |
| STATE STREET CORP 0.06% of their portfolio | 7.4m $1.3bn | Reduced -59.8k |
| Bank of New York Mellon Corp 0.21% of their portfolio | 6.2m $1.1bn | Added +270.5k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 5.2m $914.8m | Reduced -961.9k |
| Invesco Ltd. 0.17% of their portfolio | 4.7m $826.1m | Added +1.4m |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 4.6m $802.5m | Added +117.4k |
| FMR LLC 0.04% of their portfolio | 3.1m $552.3m | Reduced -1.6m |
| MORGAN STANLEY 0.04% of their portfolio | 2.7m $469.9m | Reduced -3.1m |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 2.6m $451.8m | Added +507.4k |
| NORGES BANK 0.06% of their portfolio | 2.4m $417.7m | Reduced -219.7k |
| Capital World Investors 0.07% of their portfolio | 2.4m $415.5m | Reduced -91.1k |
| WCM INVESTMENT MANAGEMENT, LLC 0.83% of their portfolio | 2.0m $351.4m | Added +29.0k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 1.7m $306.7m | Added +583.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 1.04% of their portfolio | 1.4m $250.9m | Added +317.2k |
| FIRST TRUST ADVISORS LP 0.25% of their portfolio | 1.4m $246.2m | Added +306.7k |
| Legal & General Group Plc 0.07% of their portfolio | 1.3m $233.3m | Reduced -19.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 1.3m $224.7m | Added +356.4k |
| LAZARD ASSET MANAGEMENT LLC 0.27% of their portfolio | 1.2m $218.7m | Added +1.2m |
| TWO SIGMA INVESTMENTS, LP 0.50% of their portfolio | 1.2m $211.1m | Added +616.8k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.53% of their portfolio | 1.2m $208.3m | Reduced -75.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 1.1m $198.7m | Added +41.1k |
| LONDON CO OF VIRGINIA 1.07% of their portfolio | 1.1m $190.6m | Reduced -181.8k |
| Durable Capital Partners LP 1.54% of their portfolio | 1.1m $187.3m | Added +910.5k |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 1.1m $186.4m | Reduced -3.8k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 1.0m $182.4m | Added +86.4k |
| TWO SIGMA ADVISERS, LP 0.37% of their portfolio | 935.0k $165.1m | Added +733.4k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 920.1k $162.5m | Added +336.4k |
| DF DENT & CO INC 2.01% of their portfolio | 878.3k $155.1m | Added +109.9k |
| EVENTIDE ASSET MANAGEMENT, LLC 2.27% of their portfolio | 752.1k $132.8m | Added +3.1k |
| EAGLE ASSET MANAGEMENT INC 0.71% of their portfolio | 738.3k $131.9m | Added +40.2k |
| Clearbridge Investments, LLC 0.10% of their portfolio | 698.2k $123.3m | Added +196.3k |
| Amundi 0.05% of their portfolio | 690.0k $125.5m | Reduced -103.7k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.45% of their portfolio | 688.2k $121.5m | Added +307.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 685.2k $121.0m | Added +356.6k |
| Qube Research & Technologies Ltd 0.21% of their portfolio | 659.0k $116.4m | Reduced -210.6k |
| Thrivent Financial for Lutherans 0.23% of their portfolio | 653.6k $115.4m | Reduced -1.5k |
| TD Asset Management Inc 0.11% of their portfolio | 653.3k $115.4m | Reduced -46.6k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 647.8k $114.4m | Added +537.1k |
| Fayez Sarofim & Co 0.30% of their portfolio | 627.7k $110.8m | Added +625.6k |
| BRIDGES INVESTMENT MANAGEMENT INC 1.65% of their portfolio | 615.3k $108.7m | Added +354.6k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 590.9k $104.3m | Added +98.8k |
| Canal Capital Management, LLC 17.73% of their portfolio | 588.1k $103.9m | Added +22.6k |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 585.1k $103.3m | Added +156.1k |
| Swiss National Bank 0.07% of their portfolio | 579.9k $102.4m | Reduced -8.3k |
| BARCLAYS PLC 0.04% of their portfolio | 552.5k $97.6m | Reduced -85.6k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 533.5k $94.2m | Added +152.8k |
| Bristol Gate Capital Partners Inc. 4.59% of their portfolio | 524.9k $92.7m | New |
| Quantum Capital Management, LLC / NJ 10.39% of their portfolio | 519.9k $91.8m | Added +140.0k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.22% of their portfolio | 510.2k $90.1m | Added +25.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.08% of their portfolio | 487.0k $86.0m | Added +267.4k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 475.7k $84.0m | Added +405.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.14% of their portfolio | 466.6k $82.4m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 457.6k $80.8m | Reduced -37.5k |
| BESSEMER GROUP INC 0.14% of their portfolio | 446.9k $78.9m | Reduced -312 |
| PARNASSUS INVESTMENTS, LLC 0.17% of their portfolio | 445.7k $78.7m | Reduced -139.7k |
| RHUMBLINE ADVISERS 0.07% of their portfolio | 431.7k $76.2m | Added +1.7k |
| UBS Group AG 0.02% of their portfolio | 428.8k $75.7m | Reduced -45.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 406.3k $71.8m | Added +41.8k |
| Allspring Global Investments Holdings, LLC 0.11% of their portfolio | 396.9k $70.1m | Added +7.0k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 388.0k $68.5m | Added +99.1k |
| AQR CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 363.1k $64.0m | Reduced -15.8k |
| STIFEL FINANCIAL CORP 0.07% of their portfolio | 361.0k $63.8m | Added +92.9k |
| California Public Employees Retirement System 0.05% of their portfolio | 349.3k $61.7m | Reduced -16.5k |
| FRED ALGER MANAGEMENT, LLC 0.30% of their portfolio | 343.9k $60.7m | Reduced -34.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 343.7k $60.7m | Added +39.3k |
| Epoch Investment Partners, Inc. 0.28% of their portfolio | 342.6k $60.5m | Added +2.5k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 342.6k $60.5m | Reduced -18.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 331.7k $58.6m | Added +7.7k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 328.5k $58.1m | Reduced -432.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 324.5k $57.3m | Added +4.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.07% of their portfolio | 314.3k $55.5m | Added +2.5k |
| Swedbank AB 0.07% of their portfolio | 314.2k $55.5m | Reduced -1.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 313.3k $55.3m | Added +156.0k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.48% of their portfolio | 298.3k $52.7m | Added +214.8k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 295.3k $52.5m | Added +401 |
| CITIGROUP INC 0.05% of their portfolio | 292.2k $51.6m | Added +81.9k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 289.8k $51.2m | Added +97.7k |
| Markel Group Inc. 0.49% of their portfolio | 279.5k $49.4m | Added +84.5k |
| NATIXIS ADVISORS, LLC 0.11% of their portfolio | 277.6k $49.0m | Reduced -82.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 266.7k $47.1m | Added +33.1k |
| Corient Private Wealth LP 0.08% of their portfolio | 255.5k $45.1m | Added +76.2k |
| National Pension Service 0.05% of their portfolio | 243.3k $43.0m | Added +14.3k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 236.1k $41.7m | Reduced -6.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 233.8k $41.3m | Added +1.5k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 226.1k $39.9m | Added +102.9k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.12% of their portfolio | 219.9k $38.8m | Added +219.0k |
| Employees Retirement System of Texas 0.36% of their portfolio | 217.5k $38.4m | Added +43.5k |
| Man Group plc 0.10% of their portfolio | 215.8k $38.1m | Added +179.6k |
| AVIVA PLC 0.10% of their portfolio | 213.0k $37.6m | Added +33.5k |
| ProShare Advisors LLC 0.10% of their portfolio | 211.8k $37.4m | Reduced -23.8k |
| WEITZ INVESTMENT MANAGEMENT, INC. 1.95% of their portfolio | 209.9k $37.1m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.07% of their portfolio | 207.9k $36.7m | Added +87.9k |
| SUMMITRY LLC 1.88% of their portfolio | 206.6k $36.5m | New |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio | 197.9k $34.9m | Reduced -4.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.08% of their portfolio | 193.8k $34.2m | Reduced -21.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.08% of their portfolio | 190.3k $33.6m | First filing |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 190.2k $33.6m | Reduced -5.7k |