FreightCar America
RAIL
70 hedge funds and large institutions have $66.3M invested in FreightCar America in 2025 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 19 closing their positions.
44% more capital invested
Capital invested by funds: $46.1M → $66.3M (+$20.3M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.46% less ownership
Funds ownership: 43.71% → 40.24% (-3.5%)
7% less funds holding
Funds holding: 75 → 70 (-5)
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
59% less call options, than puts
Call options by funds: $542K | Put options by funds: $1.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$1.21M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$867K |
| 3 |
JP Morgan Chase
New York
|
+$657K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$549K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.37M |
| 2 |
CGIC
Continental General Insurance Company
Austin,
Texas
|
-$1.36M |
| 3 |
Renaissance Technologies
New York
|
-$999K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$880K |
| 5 |
Jane Street
New York
|
-$461K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Balyasny Asset Management
Chicago,
Illinois
| – | -$96.8K | -17,501 | Closed |
|
|
JFG
77
Jefferies Financial Group
New York
| – | -$74.1K | -13,400 | Closed |
|
78
Walleye Capital
New York
| – | -$74K | -13,389 | Closed |
|
|
PCM
79
Prelude Capital Management
New York
| – | -$68.9K | -12,468 | Closed |
|
80
Barclays
London,
United Kingdom
| – | -$64.9K | -11,743 | Closed |
|
|
JG
81
Jain Global
New York
| – | -$60.6K | -10,958 | Closed |
|
|
DTL
82
Dynamic Technology Lab
Singapore
| – | -$61K | -10,944 | Closed |
|
83
Group One Trading
Chicago,
Illinois
| – | -$25.4K | -3,655 | Closed |
|
|
QL
84
Quarry LP
New York
| – | -$9.05K | -1,637 | Closed |
|
85
Lazard Asset Management
New York
| – | -$8K | -1,626 | Closed |
|
86
Citigroup
New York
| – | -$7.5K | -1,357 | Closed |
|
87
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$442 | -80 | Closed |
|
|
RWM
88
Rialto Wealth Management
Syracuse,
New York
| – | -$443 | -80 | Closed |
|
|
PD
89
Point72 (DIFC)
Dubai,
United Arab Emirates
| – | -$420 | -76 | Closed |
|
RAIL Hedge Fund Activity: Q2 2025 in Review
70 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q2 2025, worth a combined $66.3M — up 44% from $46.1M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of RAIL and 14 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 19 added.
The largest buyer was North Star Investment Management, opening a new position worth an estimated $1.21M. The largest seller was Millennium Management, cutting an estimated $3.37M.
- 70 institutional investors held FreightCar America (RAIL) as of Q2 2025, down from 75 in Q1 2025.
- Funds reported $66.3M of FreightCar America stock for Q2 2025, up 44% quarter-over-quarter.
- 14 funds opened new FreightCar America positions in Q2 2025 and 19 closed out, a net change of -5 holders.
- The largest FreightCar America buyer in Q2 2025 was North Star Investment Management, an estimated $1.21M added.
- The largest FreightCar America seller in Q2 2025 was Millennium Management, an estimated $3.37M sold.
Based on aggregated 13F filings for Q2 2025.