London Co. of Virginia Trims Stake in Old Dominion Freight Line

Institutional investor reduces position in transportation company by 5% in Q3

Mar. 17, 2026 at 10:06am

London Co. of Virginia, an investment management firm, reduced its stake in Old Dominion Freight Line, Inc. (NASDAQ:ODFL) by 5.0% in the third quarter of 2025, according to a recent SEC filing. The firm now owns 1,088,681 shares of the transportation company's stock, valued at $153,265,000 as of the filing.

Why it matters

Old Dominion Freight Line is a major less-than-truckload (LTL) transportation provider in the United States. Changes in institutional ownership of the company's stock can signal shifts in investor sentiment and market expectations around the firm's performance.

The details

According to the SEC filing, London Co. of Virginia sold 56,791 shares of Old Dominion Freight Line during the third quarter. The firm now owns a 0.52% stake in the company. Old Dominion Freight Line's stock price has fluctuated in recent quarters, with the share price reaching a 52-week high of $221.63 and a 52-week low of $126.01.

  • London Co. of Virginia reduced its stake in Old Dominion Freight Line in the third quarter of 2025.

The players

London Co. of Virginia

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

Old Dominion Freight Line, Inc.

A major less-than-truckload (LTL) transportation provider in the United States.

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The takeaway

The reduction in London Co. of Virginia's stake in Old Dominion Freight Line suggests a potential shift in investor sentiment around the transportation company's performance and outlook. However, the overall institutional ownership of the stock remains high at 77.82%, indicating continued confidence in the company's long-term prospects.