FreightCar America
RAIL
106 hedge funds and large institutions have $288M invested in FreightCar America in 2014 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 39 reducing their positions, and 15 closing their positions.
2,905% more call options, than puts
Call options by funds: $1.23M | Put options by funds: $41K
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
1% more funds holding
Funds holding: 105 → 106 (+1)
21% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 39
22% less capital invested
Capital invested by funds: $370M → $288M (-$82.4M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$14.6M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$4.36M |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$2.81M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
-$8.84M |
| 2 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$5.94M |
| 3 |
JP Morgan Chase
New York
|
-$2.81M |
| 4 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$2.43M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.21M |
RAIL Hedge Fund Activity: Q4 2014 in Review
106 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q4 2014, worth a combined $288M — down 22% from $370M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new RAIL positions and 15 closed out — a net gain of 3 holders — while 31 added to existing stakes and 39 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $14.6M. The largest seller was SkyTop Capital Management, exiting entirely with an estimated $8.84M sold.
- 106 institutional investors held FreightCar America (RAIL) as of Q4 2014, up from 105 in Q3 2014.
- Funds reported $288M of FreightCar America stock for Q4 2014, down 22% quarter-over-quarter.
- 18 funds opened new FreightCar America positions in Q4 2014 and 15 closed out, a net change of +3 holders.
- The largest FreightCar America buyer in Q4 2014 was Victory Capital Management, an estimated $14.6M added.
- The largest FreightCar America seller in Q4 2014 was SkyTop Capital Management, an estimated $8.84M sold.
Based on aggregated 13F filings for Q4 2014.