FreightCar America
RAIL
91 hedge funds and large institutions have $204M invested in FreightCar America in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 40 reducing their positions, and 10 closing their positions.
104% more call options, than puts
Call options by funds: $675K | Put options by funds: $331K
14% more capital invested
Capital invested by funds: $178M → $204M (+$25.8M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1.32% more ownership
Funds ownership: 82.74% → 84.06% (+1.3%)
0% more funds holding
Funds holding: 91 → 91 (0)
30% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$5.72M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$2.43M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.01M |
| 4 |
FFH
Fairfax Financial Holdings
Toronto,
Ontario, Canada
|
+$1.94M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.38M |
| 2 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$1.94M |
| 3 |
Millennium Management
New York
|
-$1.16M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.03M |
| 5 |
Two Sigma Investments
New York
|
-$1.02M |
RAIL Hedge Fund Activity: Q3 2017 in Review
91 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q3 2017, worth a combined $204M — up 14% from $178M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RAIL positions and 10 closed out — a net gain of 1 holder — while 28 added to existing stakes and 40 trimmed.
The largest buyer was Numeric Investors, adding an estimated $5.72M. The largest seller was Wells Fargo, cutting an estimated $2.38M.
- 91 institutional investors held FreightCar America (RAIL) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $204M of FreightCar America stock for Q3 2017, up 14% quarter-over-quarter.
- 11 funds opened new FreightCar America positions in Q3 2017 and 10 closed out, a net change of +1 holder.
- The largest FreightCar America buyer in Q3 2017 was Numeric Investors, an estimated $5.72M added.
- The largest FreightCar America seller in Q3 2017 was Wells Fargo, an estimated $2.38M sold.
Based on aggregated 13F filings for Q3 2017.