FreightCar America
RAIL
68 hedge funds and large institutions have $64.7M invested in FreightCar America in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 11 closing their positions.
4.64% less ownership
Funds ownership: 88.05% → 83.42% (-4.6%)
8% less funds holding
Funds holding: 74 → 68 (-6)
12% less capital invested
Capital invested by funds: $73.4M → $64.7M (-$8.66M)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
63% less call options, than puts
Call options by funds: $6K | Put options by funds: $16K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$2.19M |
| 2 |
PL
Parthenon LLC
Louisville,
Kentucky
|
+$870K |
| 3 |
Two Sigma Investments
New York
|
+$403K |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$272K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$1.14M |
| 2 |
RA
Royce & Associates
New York
|
-$1.06M |
| 3 |
BlackRock
New York
|
-$983K |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$918K |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
-$715K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
76
Sepio Capital
Salt Lake City,
Utah
| – | -$83K | -12,469 | Closed |
|
77
Goldman Sachs
New York
| – | -$68K | -10,135 | Closed |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -163 | Closed |
|
RAIL Hedge Fund Activity: Q1 2019 in Review
68 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q1 2019, worth a combined $64.7M — down 12% from $73.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RAIL and 6 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 18 added.
The largest buyer was Russell Investments Group, adding an estimated $2.19M. The largest seller was Uniplan Investment Counsel, exiting entirely with an estimated $1.14M sold.
- 68 institutional investors held FreightCar America (RAIL) as of Q1 2019, down from 74 in Q4 2018.
- Funds reported $64.7M of FreightCar America stock for Q1 2019, down 12% quarter-over-quarter.
- 6 funds opened new FreightCar America positions in Q1 2019 and 11 closed out, a net change of -5 holders.
- The largest FreightCar America buyer in Q1 2019 was Russell Investments Group, an estimated $2.19M added.
- The largest FreightCar America seller in Q1 2019 was Uniplan Investment Counsel, an estimated $1.14M sold.
Based on aggregated 13F filings for Q1 2019.