FreightCar America
RAIL
31 hedge funds and large institutions have $18.1M invested in FreightCar America in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 6 closing their positions.
156% more call options, than puts
Call options by funds: $238K | Put options by funds: $93K
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.33% less ownership
Funds ownership: 33.08% → 32.75% (-0.33%)
0% less capital invested
Capital invested by funds: $18.2M → $18.1M (-$87.1K)
14% less funds holding
Funds holding: 36 → 31 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$549K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$84.2K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$39.7K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$28K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$15.4K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Simplex Trading
Chicago,
Illinois
| $14K | -$26.7K | -7,727 | -63% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $12K | -$691 | -200 | -5% |
|
|
OC
28
Oakworth Capital
Birmingham,
Alabama
| $8.03K | – | – | – |
|
|
MHR
29
Matthew Hamilton Rosenberg
| $3.12K | – | – | – |
|
|
CG
30
Cutler Group
San Francisco,
California
| $3K | +$3.46K | +1,000 | New |
|
|
FDCDDQ
31
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $2.5K | – | – | – |
|
32
Charles Schwab
San Francisco,
California
| – | -$44.3K | -13,842 | Closed |
|
|
IWN
33
Independent Wealth Network
Urbandale,
Iowa
| – | -$38.7K | -12,089 | Closed |
|
|
NIMC
34
Nierenberg Investment Management Company
Camas,
Washington
| – | -$37K | -11,555 | Closed |
|
35
Wolverine Trading
Chicago,
Illinois
| – | -$34K | -10,774 | Closed |
|
|
MCC
36
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$960 | -300 | Closed |
|
|
TFA
37
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$1K | -100 | Closed |
|
RAIL Hedge Fund Activity: Q1 2023 in Review
31 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q1 2023, worth a combined $18.1M — down 0.48% from $18.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RAIL and 1 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 11 added.
The largest buyer was Allianz Asset Management, adding an estimated $549K. The largest seller was Group One Trading, cutting an estimated $109K.
- 31 institutional investors held FreightCar America (RAIL) as of Q1 2023, down from 36 in Q4 2022.
- Funds reported $18.1M of FreightCar America stock for Q1 2023, down 0.48% quarter-over-quarter.
- 1 fund opened new FreightCar America positions in Q1 2023 and 6 closed out, a net change of -5 holders.
- The largest FreightCar America buyer in Q1 2023 was Allianz Asset Management, an estimated $549K added.
- The largest FreightCar America seller in Q1 2023 was Group One Trading, an estimated $109K sold.
Based on aggregated 13F filings for Q1 2023.