FreightCar America
RAIL
41 hedge funds and large institutions have $14M invested in FreightCar America in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 13 closing their positions.
89% more call options, than puts
Call options by funds: $1M | Put options by funds: $529K
0.62% less ownership
Funds ownership: 24% → 23.38% (-0.62%)
9% less funds holding
Funds holding: 45 → 41 (-4)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
40% less capital invested
Capital invested by funds: $23.4M → $14M (-$9.34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$887K |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$599K |
| 3 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$446K |
| 4 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
+$381K |
| 5 |
Renaissance Technologies
New York
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$1.47M |
| 2 |
Walleye Capital
New York
|
-$820K |
| 3 |
NIMC
Nierenberg Investment Management Company
Camas,
Washington
|
-$404K |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
-$317K |
| 5 |
Jane Street
New York
|
-$243K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
51
Cutler Group
San Francisco,
California
| – | -$2.13K | -447 | -81% |
|
|
MCC
52
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$2K | -300 | Closed |
|
53
Wells Fargo
San Francisco,
California
| – | -$1.34K | -281 | -74% |
|
RAIL Hedge Fund Activity: Q2 2022 in Review
41 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q2 2022, worth a combined $14M — down 40% from $23.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of RAIL and 10 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 10 added.
The largest buyer was Allianz Asset Management, adding an estimated $887K. The largest seller was EAM Investors, exiting entirely with an estimated $1.47M sold.
- 41 institutional investors held FreightCar America (RAIL) as of Q2 2022, down from 45 in Q1 2022.
- Funds reported $14M of FreightCar America stock for Q2 2022, down 40% quarter-over-quarter.
- 10 funds opened new FreightCar America positions in Q2 2022 and 13 closed out, a net change of -3 holders.
- The largest FreightCar America buyer in Q2 2022 was Allianz Asset Management, an estimated $887K added.
- The largest FreightCar America seller in Q2 2022 was EAM Investors, an estimated $1.47M sold.
Based on aggregated 13F filings for Q2 2022.