FreightCar America
RAIL
74 hedge funds and large institutions have $73.4M invested in FreightCar America in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 29 reducing their positions, and 11 closing their positions.
0.51% less ownership
Funds ownership: 88.56% → 88.05% (-0.51%)
6% less funds holding
Funds holding: 79 → 74 (-5)
14% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 29
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
50% less call options, than puts
Call options by funds: $2K | Put options by funds: $4K
59% less capital invested
Capital invested by funds: $177M → $73.4M (-$104M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$2.81M |
| 2 |
RA
Royce & Associates
New York
|
+$2.12M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$1.54M |
| 4 |
BlackRock
New York
|
+$1.36M |
| 5 |
JP Morgan Chase
New York
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRC
Shufro Rose & Co
New York
|
-$3.87M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.44M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$1.76M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.26M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CEP
76
Chicago Equity Partners
Chicago,
Illinois
| – | -$476K | -29,605 | Closed |
|
77
AQR Capital Management
Greenwich,
Connecticut
| – | -$389K | -24,232 | Closed |
|
|
GIP
78
Granite Investment Partners
El Segundo,
California
| – | -$379K | -23,559 | Closed |
|
79
Ameriprise
Minneapolis,
Minnesota
| – | -$360K | -22,423 | Closed |
|
|
PI
80
PEAK6 Investments
Chicago,
Illinois
| – | -$283K | -17,586 | Closed |
|
81
Los Angeles Capital Management
Los Angeles,
California
| – | -$218K | -13,550 | Closed |
|
|
IIM
82
Ironwood Investment Management
Boston,
Massachusetts
| – | -$174K | -10,822 | Closed |
|
|
GPCM
83
Granite Point Capital Management
Boston,
Massachusetts
| – | -$169K | -10,490 | Closed |
|
|
HR
84
Howe & Rusling
Rochester,
New York
| – | -$1K | -50 | Closed |
|
85
Nordea Investment Management
Stockholm,
Sweden
| – | +$79 | +7 | New |
|
RAIL Hedge Fund Activity: Q4 2018 in Review
74 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q4 2018, worth a combined $73.4M — down 59% from $177M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RAIL and 7 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 25 added.
The largest buyer was Russell Investments Group, adding an estimated $2.81M. The largest seller was Shufro Rose & Co, cutting an estimated $3.87M.
- 74 institutional investors held FreightCar America (RAIL) as of Q4 2018, down from 79 in Q3 2018.
- Funds reported $73.4M of FreightCar America stock for Q4 2018, down 59% quarter-over-quarter.
- 7 funds opened new FreightCar America positions in Q4 2018 and 11 closed out, a net change of -4 holders.
- The largest FreightCar America buyer in Q4 2018 was Russell Investments Group, an estimated $2.81M added.
- The largest FreightCar America seller in Q4 2018 was Shufro Rose & Co, an estimated $3.87M sold.
Based on aggregated 13F filings for Q4 2018.