FreightCar America
RAIL
103 hedge funds and large institutions have $239M invested in FreightCar America in 2015 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 46 increasing their positions, 28 reducing their positions, and 27 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 115 → 103 (-12)
30% less capital invested
Capital invested by funds: $342M → $239M (-$103M)
41% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 27
58% less call options, than puts
Call options by funds: $1.77M | Put options by funds: $4.2M
Top Buyers
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$11.2M |
| 2 |
HC
Hourglass Capital
Houston,
Texas
|
+$7.34M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
+$5.5M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$4.91M |
| 5 |
SRC
Shufro Rose & Co
New York
|
+$3.54M |
Top Sellers
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$17.2M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$6.5M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$5.27M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$1.85M |
| 5 |
Millennium Management
New York
|
-$1.83M |
RAIL Hedge Fund Activity: Q2 2015 in Review
103 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q2 2015, worth a combined $239M — down 30% from $342M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of RAIL and 16 opened new positions — a net loss of 11 holders — while 28 trimmed existing stakes and 46 added.
The largest buyer was Boston Partners, adding an estimated $11.2M. The largest seller was Victory Capital Management, exiting entirely with an estimated $17.2M sold.
- 103 institutional investors held FreightCar America (RAIL) as of Q2 2015, down from 115 in Q1 2015.
- Funds reported $239M of FreightCar America stock for Q2 2015, down 30% quarter-over-quarter.
- 16 funds opened new FreightCar America positions in Q2 2015 and 27 closed out, a net change of -11 holders.
- The largest FreightCar America buyer in Q2 2015 was Boston Partners, an estimated $11.2M added.
- The largest FreightCar America seller in Q2 2015 was Victory Capital Management, an estimated $17.2M sold.
Based on aggregated 13F filings for Q2 2015.