FreightCar America
RAIL
79 hedge funds and large institutions have $177M invested in FreightCar America in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 31 reducing their positions, and 8 closing their positions.
72% more call options, than puts
Call options by funds: $375K | Put options by funds: $218K
3.43% more ownership
Funds ownership: 85.13% → 88.56% (+3.4%)
0% less capital invested
Capital invested by funds: $178M → $177M (-$463K)
4% less funds holding
Funds holding: 82 → 79 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
26% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$1.65M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$1.33M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$803K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$636K |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$510K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.62M |
| 2 |
Two Sigma Advisers
New York
|
-$720K |
| 3 |
SAM
Shell Asset Management
The Hague,
Netherlands
|
-$683K |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$542K |
| 5 |
Morgan Stanley
New York
|
-$438K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
76
WealthTrust-Arizona
Scottsdale,
Arizona
| $3K | – | – | – |
|
|
IA
77
IFP Advisors
Tampa,
Florida
| $2K | – | – | – |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | -$52 | -3 | -4% |
|
|
HR
79
Howe & Rusling
Rochester,
New York
| $1K | – | – | – |
|
|
SAM
80
Shell Asset Management
The Hague,
Netherlands
| – | -$683K | -40,687 | Closed |
|
|
IECM
81
Intrinsic Edge Capital Management
Chicago,
Illinois
| – | -$542K | -32,297 | Closed |
|
|
PP
82
PDT Partners
New York
| – | -$346K | -20,600 | Closed |
|
83
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$204K | -12,144 | Closed |
|
84
SG Americas Securities
New York
| – | -$115K | -6,879 | Closed |
|
|
OSAM
85
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$70K | -4,162 | Closed |
|
|
PIA
86
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$3K | -207 | Closed |
|
|
PCM
87
Poehling Capital Management
Madison,
Wisconsin
| – | -$3K | -200 | Closed |
|
RAIL Hedge Fund Activity: Q3 2018 in Review
79 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q3 2018, worth a combined $177M — down 0.26% from $178M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of RAIL and 6 opened new positions — a net loss of 2 holders — while 31 trimmed existing stakes and 23 added.
The largest buyer was Fuller & Thaler Asset Management, adding an estimated $1.65M. The largest seller was Royce & Associates, cutting an estimated $1.62M.
- 79 institutional investors held FreightCar America (RAIL) as of Q3 2018, down from 82 in Q2 2018.
- Funds reported $177M of FreightCar America stock for Q3 2018, down 0.26% quarter-over-quarter.
- 6 funds opened new FreightCar America positions in Q3 2018 and 8 closed out, a net change of -2 holders.
- The largest FreightCar America buyer in Q3 2018 was Fuller & Thaler Asset Management, an estimated $1.65M added.
- The largest FreightCar America seller in Q3 2018 was Royce & Associates, an estimated $1.62M sold.
Based on aggregated 13F filings for Q3 2018.