FreightCar America
RAIL
36 hedge funds and large institutions have $22.1M invested in FreightCar America in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 1 closing their positions.
1,384% more call options, than puts
Call options by funds: $282K | Put options by funds: $19K
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
39% more capital invested
Capital invested by funds: $15.9M → $22.1M (+$6.23M)
6% more funds holding
Funds holding: 34 → 36 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.55% less ownership
Funds ownership: 32.82% → 31.27% (-1.5%)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$145K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$78.8K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$52.4K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$36.7K |
| 5 |
Jane Street
New York
|
+$32.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$456K |
| 2 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
-$128K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$68.6K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$29.8K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$29.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
26
Tradewinds Capital Management
Bellingham,
Washington
| $13.1K | +$10.1K | +3,400 | New |
|
|
OC
27
Oakworth Capital
Birmingham,
Alabama
| $9.91K | – | – | – |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | -$310 | -104 | -6% |
|
|
MHR
29
Matthew Hamilton Rosenberg
| $3.85K | – | – | – |
|
30
RhumbLine Advisers
Boston,
Massachusetts
| $3.85K | – | – | – |
|
|
FDCDDQ
31
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $3.08K | – | – | – |
|
|
SPIA
32
Steward Partners Investment Advisory
New York
| $1.54K | – | – | – |
|
33
Osaic Holdings
Scottsdale,
Arizona
| $1.04K | – | – | – |
|
34
Fidelity Investments
Boston,
Massachusetts
| $544 | +$370 | +124 | +729% |
|
|
35
Wells Fargo
San Francisco,
California
| $430 | -$29.8K | -9,998 | -99% |
|
|
RFA
36
Register Financial Advisors
Atlanta,
Georgia
| $420 | +$325 | +109 | New |
|
|
CG
37
Cutler Group
San Francisco,
California
| – | -$2K | -1,000 | Closed |
|
RAIL Hedge Fund Activity: Q1 2024 in Review
36 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q1 2024, worth a combined $22.1M — up 39% from $15.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new RAIL positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $145K. The largest seller was Morgan Stanley, cutting an estimated $456K.
- 36 institutional investors held FreightCar America (RAIL) as of Q1 2024, up from 34 in Q4 2023.
- Funds reported $22.1M of FreightCar America stock for Q1 2024, up 39% quarter-over-quarter.
- 3 funds opened new FreightCar America positions in Q1 2024 and 1 closed out, a net change of +2 holders.
- The largest FreightCar America buyer in Q1 2024 was Renaissance Technologies, an estimated $145K added.
- The largest FreightCar America seller in Q1 2024 was Morgan Stanley, an estimated $456K sold.
Based on aggregated 13F filings for Q1 2024.