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Thomasville Today
By the People, for the People
Korea Investment CORP Reduces Stake in Old Dominion Freight Line
The firm sold over 43,000 shares of the transportation company's stock in the 3rd quarter.
Mar. 12, 2026 at 9:51am
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According to a recent 13F filing, Korea Investment CORP reduced its stake in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) by 42.5% in the 3rd quarter. The firm now owns 58,780 shares of the transportation company's stock, valued at $8.28 million.
Why it matters
Old Dominion Freight Line is a major less-than-truckload (LTL) transportation provider in the United States. The company's stock performance and institutional ownership are closely watched by investors and analysts as indicators of the broader freight industry.
The details
Korea Investment CORP sold 43,471 shares of Old Dominion Freight Line during the 3rd quarter, reducing its total holdings to 58,780 shares. The firm cited portfolio rebalancing as the reason for the reduced stake.
- Korea Investment CORP filed the 13F report for the 3rd quarter of 2026.
The players
Korea Investment CORP
A South Korean sovereign wealth fund that manages assets on behalf of the Korean government.
Old Dominion Freight Line, Inc.
A major U.S. less-than-truckload (LTL) transportation company headquartered in Thomasville, North Carolina.
The takeaway
This reduction in Korea Investment CORP's stake in Old Dominion Freight Line reflects broader portfolio adjustments by the firm, but does not necessarily indicate any significant concerns about the transportation company's performance or outlook.
