Mitsubishi UFJ Asset Management Increases Stake in Old Dominion Freight Line

The investment firm added 20,585 shares to its position in the transportation company.

Mar. 3, 2026 at 12:07am

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Mitsubishi UFJ Asset Management Co. Ltd. has increased its stake in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) by 5.5% in the third quarter, according to a recent 13F filing. The firm now owns 396,862 shares of the transportation company's stock, valued at approximately $55.87 million.

Why it matters

Old Dominion Freight Line is a major player in the less-than-truckload (LTL) transportation industry, providing regional, inter-regional and national freight services. The increase in Mitsubishi UFJ's stake suggests the firm sees continued growth potential in the company.

The details

According to the 13F filing, Mitsubishi UFJ Asset Management acquired an additional 20,585 shares of Old Dominion Freight Line during the third quarter. This brings the firm's total position in the transportation company to 396,862 shares, or approximately 0.19% of the company's outstanding stock.

  • Mitsubishi UFJ Asset Management increased its stake in the third quarter of 2026.

The players

Mitsubishi UFJ Asset Management Co. Ltd.

An investment management firm based in Japan that manages assets for institutional and individual investors.

Old Dominion Freight Line, Inc.

A U.S.-based less-than-truckload (LTL) transportation company that provides regional, inter-regional and national freight services.

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The takeaway

The increased stake by Mitsubishi UFJ Asset Management in Old Dominion Freight Line suggests the investment firm sees continued growth potential in the transportation company, which is a major player in the LTL industry.