FreightCar America
RAIL
52 hedge funds and large institutions have $69.2M invested in FreightCar America in 2024 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 8 closing their positions.
248% more capital invested
Capital invested by funds: $19.9M → $69.2M (+$49.3M)
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
155% more call options, than puts
Call options by funds: $1.03M | Put options by funds: $405K
44% more funds holding
Funds holding: 36 → 52 (+16)
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
3.46% more ownership
Funds ownership: 30.53% → 33.98% (+3.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.08M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.01M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$731K |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$577K |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$543K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$2.14M |
| 2 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
-$569K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$314K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$201K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$145K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Osaic Holdings
Scottsdale,
Arizona
| $2.91K | – | – | – |
|
52
Lazard Asset Management
New York
| $1K | +$869 | +149 | New |
|
|
WIM
53
Wittenberg Investment Management
Carlisle,
Massachusetts
| – | -$569K | -163,147 | Closed |
|
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$314K | -53,915 | Closed |
|
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$145K | -41,661 | Closed |
|
|
MFC
56
Mechanics Financial Corp
Mansfield,
Ohio
| – | -$68K | -19,470 | Closed |
|
57
Prudential Financial
Newark,
New Jersey
| – | -$38.4K | -11,000 | Closed |
|
|
IRC
58
Investors Research Corp
Atlanta,
Georgia
| – | -$23.2K | -6,650 | Closed |
|
|
RFA
59
Register Financial Advisors
Atlanta,
Georgia
| – | -$380 | -109 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | -$35 | -10 | Closed |
|
RAIL Hedge Fund Activity: Q3 2024 in Review
52 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q3 2024, worth a combined $69.2M — up 248% from $19.9M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new RAIL positions and 8 closed out — a net gain of 16 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $1.08M. The largest seller was Minerva Advisors, cutting an estimated $2.14M.
- 52 institutional investors held FreightCar America (RAIL) as of Q3 2024, up from 36 in Q2 2024.
- Funds reported $69.2M of FreightCar America stock for Q3 2024, up 248% quarter-over-quarter.
- 24 funds opened new FreightCar America positions in Q3 2024 and 8 closed out, a net change of +16 holders.
- The largest FreightCar America buyer in Q3 2024 was Jane Street, an estimated $1.08M added.
- The largest FreightCar America seller in Q3 2024 was Minerva Advisors, an estimated $2.14M sold.
Based on aggregated 13F filings for Q3 2024.