FreightCar America
RAIL
105 hedge funds and large institutions have $137M invested in FreightCar America in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 22 closing their positions.
8% less call options, than puts
Call options by funds: $1.28M | Put options by funds: $1.39M
11% less funds holding
Funds holding: 118 → 105 (-13)
14% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 44
14% less capital invested
Capital invested by funds: $159M → $137M (-$22.9M)
50% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$4.41M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$2.85M |
| 3 |
RA
Royce & Associates
New York
|
+$2.61M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$2.18M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$3.65M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$3.49M |
| 3 |
Millennium Management
New York
|
-$3.08M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$1.41M |
| 5 |
Renaissance Technologies
New York
|
-$1.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFW
126
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$2K | -160 | Closed |
|
|
MFS
127
MSI Financial Services
Springfield,
Massachusetts
| – | -$743 | -50 | -91% |
|
128
Parallax Volatility Advisers
San Francisco,
California
| – | +$45 | +3 | New |
|
RAIL Hedge Fund Activity: Q2 2016 in Review
105 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q2 2016, worth a combined $137M — down 14% from $159M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of RAIL and 11 opened new positions — a net loss of 11 holders — while 44 trimmed existing stakes and 38 added.
The largest buyer was Boston Partners, adding an estimated $4.41M. The largest seller was JP Morgan Chase, cutting an estimated $3.65M.
- 105 institutional investors held FreightCar America (RAIL) as of Q2 2016, down from 118 in Q1 2016.
- Funds reported $137M of FreightCar America stock for Q2 2016, down 14% quarter-over-quarter.
- 11 funds opened new FreightCar America positions in Q2 2016 and 22 closed out, a net change of -11 holders.
- The largest FreightCar America buyer in Q2 2016 was Boston Partners, an estimated $4.41M added.
- The largest FreightCar America seller in Q2 2016 was JP Morgan Chase, an estimated $3.65M sold.
Based on aggregated 13F filings for Q2 2016.