FreightCar America
RAIL
94 hedge funds and large institutions have $183M invested in FreightCar America in 2017 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
10% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 29
3% more funds holding
Funds holding: 91 → 94 (+3)
2.1% more ownership
Funds ownership: 84.06% → 86.16% (+2.1%)
11% less capital invested
Capital invested by funds: $204M → $183M (-$21.7M)
24% less call options, than puts
Call options by funds: $415K | Put options by funds: $543K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$9.06M |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$2.37M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$1.37M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.29M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$5.91M |
| 2 |
RA
Royce & Associates
New York
|
-$1.81M |
| 3 |
Bank of New York Mellon
New York
|
-$1.16M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$1.12M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
AllianceBernstein
Nashville,
Tennessee
| – | -$209K | -10,700 | Closed |
|
102
Walleye Trading
New York
| – | -$162 | -8,305 | Closed |
|
|
MAM
103
Meeder Asset Management
Dublin,
Ohio
| – | -$20K | -1,042 | Closed |
|
|
FPS
104
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$13K | -665 | Closed |
|
|
STA
105
Summit Trail Advisors
New York
| – | +$345 | +20 | New |
|
RAIL Hedge Fund Activity: Q4 2017 in Review
94 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q4 2017, worth a combined $183M — down 11% from $204M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new RAIL positions and 11 closed out — a net gain of 3 holders — while 32 added to existing stakes and 29 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $9.06M. The largest seller was Numeric Investors, cutting an estimated $5.91M.
- 94 institutional investors held FreightCar America (RAIL) as of Q4 2017, up from 91 in Q3 2017.
- Funds reported $183M of FreightCar America stock for Q4 2017, down 11% quarter-over-quarter.
- 14 funds opened new FreightCar America positions in Q4 2017 and 11 closed out, a net change of +3 holders.
- The largest FreightCar America buyer in Q4 2017 was Russell Investments Group, an estimated $9.06M added.
- The largest FreightCar America seller in Q4 2017 was Numeric Investors, an estimated $5.91M sold.
Based on aggregated 13F filings for Q4 2017.