FreightCar America
RAIL
94 hedge funds and large institutions have $295M invested in FreightCar America in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 36 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
34% more capital invested
Capital invested by funds: $220M → $295M (+$74.5M)
7% more funds holding
Funds holding: 88 → 94 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 36
86% less call options, than puts
Call options by funds: $35K | Put options by funds: $256K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KG
Killen Group
Berwyn,
Pennsylvania
|
+$9.06M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$7.27M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.14M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$1.99M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$5.54M |
| 2 |
JP Morgan Chase
New York
|
-$4.15M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$2.98M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$2.41M |
| 5 |
Renaissance Technologies
New York
|
-$1.27M |
RAIL Hedge Fund Activity: Q4 2013 in Review
94 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q4 2013, worth a combined $295M — up 34% from $220M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new RAIL positions and 7 closed out — a net gain of 6 holders — while 27 added to existing stakes and 36 trimmed.
The largest buyer was Killen Group, adding an estimated $9.06M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $5.54M.
- 94 institutional investors held FreightCar America (RAIL) as of Q4 2013, up from 88 in Q3 2013.
- Funds reported $295M of FreightCar America stock for Q4 2013, up 34% quarter-over-quarter.
- 13 funds opened new FreightCar America positions in Q4 2013 and 7 closed out, a net change of +6 holders.
- The largest FreightCar America buyer in Q4 2013 was Killen Group, an estimated $9.06M added.
- The largest FreightCar America seller in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $5.54M sold.
Based on aggregated 13F filings for Q4 2013.