Geneva Capital Management Trims Stake in Old Dominion Freight Line

The investment firm reduced its holdings in the transportation company by 4.9% in the third quarter.

Mar. 12, 2026 at 11:34am

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Geneva Capital Management LLC lowered its holdings in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) by 4.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 83,202 shares of the transportation company's stock, valued at $11.7 million as of its latest filing.

Why it matters

Old Dominion Freight Line is a major less-than-truckload (LTL) transportation provider, and changes in institutional ownership can signal shifts in investor sentiment around the company's performance and outlook.

The details

Geneva Capital Management sold 4,322 shares of Old Dominion Freight Line during the third quarter. Other notable institutional investors in the stock include JPMorgan Chase & Co., which increased its stake by 21.3%, and Citigroup Inc., which boosted its position by 46.4% over the same period.

  • Geneva Capital Management filed its 13F report for the 3rd quarter of 2026.

The players

Geneva Capital Management LLC

An investment management firm that lowered its stake in Old Dominion Freight Line.

Old Dominion Freight Line, Inc.

A major U.S. less-than-truckload (LTL) transportation company.

JPMorgan Chase & Co.

A financial services firm that increased its stake in Old Dominion Freight Line.

Citigroup Inc.

A financial services firm that boosted its position in Old Dominion Freight Line.

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The takeaway

The reduction in Geneva Capital Management's stake in Old Dominion Freight Line suggests a potential shift in investor sentiment around the transportation company, though the overall institutional ownership remains strong with other major firms increasing their positions.