Eventide Asset Management Increases Stake in Old Dominion Freight Line

Hedge fund boosts position in transportation company by 1.3% in Q3

Mar. 15, 2026 at 11:25am

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Eventide Asset Management LLC increased its holdings in shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) by 1.3% in the third quarter, according to the company's recent 13F filing with the Securities and Exchange Commission. The hedge fund now owns 606,679 shares of the transportation company's stock, making it the 16th largest position in its investment portfolio.

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 industry analysts as indicators of the broader freight and logistics market.

The details

Eventide Asset Management acquired an additional 7,848 shares of Old Dominion Freight Line during the third quarter, bringing its total stake to 606,679 shares worth approximately $85.4 million. This represents about 0.29% of the company's outstanding shares. Other notable institutional investors in Old Dominion Freight Line include Brighton Jones LLC, Empowered Funds LLC, and KBC Group NV.

  • Eventide Asset Management increased its position in Q3 2025.

The players

Eventide Asset Management LLC

An investment management firm that owns a 1.4% stake in Old Dominion Freight Line.

Old Dominion Freight Line, Inc.

A major less-than-truckload (LTL) transportation company based in Thomasville, North Carolina.

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The takeaway

Eventide Asset Management's increased stake in Old Dominion Freight Line reflects the hedge fund's confidence in the transportation company's growth prospects and market position. As a major institutional investor, Eventide's moves are closely watched by industry analysts for insights into the broader freight and logistics sector.