FreightCar America
RAIL
30 hedge funds and large institutions have $8.88M invested in FreightCar America in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 14 reducing their positions, and 11 closing their positions.
56% more capital invested
Capital invested by funds: $5.69M → $8.88M (+$3.2M)
5.18% less ownership
Funds ownership: 34.43% → 29.25% (-5.2%)
14% less funds holding
Funds holding: 35 → 30 (-5)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
71% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
+$121K |
| 2 |
Renaissance Technologies
New York
|
+$47K |
| 3 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$34.4K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$21.2K |
| 5 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
+$13.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$324K |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$281K |
| 3 |
PL
Parthenon LLC
Louisville,
Kentucky
|
-$224K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$91.5K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$58.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $1K | -$298 | -169 | -37% |
|
27
Morgan Stanley
New York
| $1K | -$76 | -43 | -8% |
|
28
BNP Paribas Financial Markets
Paris,
France
| $9 | – | – | – |
|
|
PL
29
Parthenon LLC
Louisville,
Kentucky
| – | -$224K | -180,649 | Closed |
|
|
VF
30
Virtu Financial
New York
| – | -$49K | -39,442 | Closed |
|
31
Two Sigma Investments
New York
| – | -$29K | -23,647 | Closed |
|
|
GPFA
32
Game Plan Financial Advisors
Westlake,
Ohio
| – | -$23K | -18,500 | Closed |
|
33
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$21K | -17,100 | Closed |
|
34
Millennium Management
New York
| – | -$21K | -17,032 | Closed |
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$17K | -13,812 | Closed |
|
36
D.E. Shaw & Co
New York
| – | -$15K | -12,299 | Closed |
|
37
Simplex Trading
Chicago,
Illinois
| – | -$18.2K | -10,286 | Closed |
|
|
QI
38
QS Investors
New York
| – | -$8K | -5,892 | Closed |
|
39
Wells Fargo
San Francisco,
California
| – | -$19 | -11 | -13% |
|
40
Bank of America
Charlotte,
North Carolina
| – | +$268 | +152 | New |
|
RAIL Hedge Fund Activity: Q3 2020 in Review
30 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q3 2020, worth a combined $8.88M — up 56% from $5.69M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RAIL and 6 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 4 added.
The largest buyer was Squarepoint, opening a new position worth an estimated $121K. The largest seller was Dimensional Fund Advisors, cutting an estimated $324K.
- 30 institutional investors held FreightCar America (RAIL) as of Q3 2020, down from 35 in Q2 2020.
- Funds reported $8.88M of FreightCar America stock for Q3 2020, up 56% quarter-over-quarter.
- 6 funds opened new FreightCar America positions in Q3 2020 and 11 closed out, a net change of -5 holders.
- The largest FreightCar America buyer in Q3 2020 was Squarepoint, an estimated $121K added.
- The largest FreightCar America seller in Q3 2020 was Dimensional Fund Advisors, an estimated $324K sold.
Based on aggregated 13F filings for Q3 2020.