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FreightCar America

115 hedge funds and large institutions have $342M invested in FreightCar America in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 40 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 8

19% more capital invested

Capital invested by funds: $287M → $342M (+$54.6M)

8% more funds holding

Funds holding: 106115 (+9)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 40

95% less call options, than puts

Call options by funds: $47K | Put options by funds: $941K

Holders
115
Holders Change
+9
Holders Change %
+8.49%
% of All Funds
3.07%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
39
Reduced
40
Closed
8
Calls
$47K
Puts
$941K
Net Calls
-$894K
Net Calls Change
-$2.08M
Name Holding Trade Value Shares
Change
Change in
Stake
HA
1
Heartland Advisors
Wisconsin
$44.4M -$6.27M -225,999 -14%
Bank of New York Mellon
2
Bank of New York Mellon
New York
$20.1M -$441K -15,902 -2%
KG
3
Killen Group
Pennsylvania
$19.9M -$763K -27,495 -4%
Boston Partners
4
Boston Partners
Massachusetts
$18.9M +$4.91M +176,810 +42%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$17.6M -$343K -12,349 -2%
Victory Capital Management
6
Victory Capital Management
Texas
$17.2M +$1.74M +62,548 +13%
TAM
7
THB Asset Management
Connecticut
$15.6M -$4.62M -166,342 -25%
SCM
8
Schneider Capital Management
Pennsylvania
$13.1M -$301K -10,835 -3%
Vanguard Group
9
Vanguard Group
Pennsylvania
$12.8M +$595K +21,430 +6%
BIT
10
BlackRock Institutional Trust
California
$11.4M -$21.8K -787 -0.2%
BFA
11
BlackRock Fund Advisors
California
$10.4M -$19.3K -696 -0.2%
HC
12
Hourglass Capital
Texas
$10M -$2.2M -79,437 -20%
SRC
13
Shufro Rose & Co
New York
$9.88M +$1.55M +55,700 +22%
State Street
14
State Street
Massachusetts
$6.67M +$41K +1,478 +0.7%
WC
15
Walthausen & Co
New York
$6.3M +$5.57M +200,560 New
RA
16
Royce & Associates
New York
$5.85M -$1.41M -50,800 -21%
SCP
17
Seizert Capital Partners
Michigan
$5.79M +$1.89M +68,164 +59%
Ameriprise
18
Ameriprise
Minnesota
$5.31M -$872K -31,420 -16%
TC
19
TFS Capital
Pennsylvania
$5.27M +$4.65M +167,740 New
Macquarie Group
20
Macquarie Group
Australia
$5.25M +$688K +24,800 +17%
SFM
21
Systematic Financial Management
New Jersey
$4.25M -$1.21M -43,425 -24%
Northern Trust
22
Northern Trust
Illinois
$4.22M +$36.8K +1,325 +1%
MDCM
23
Morgan Dempsey Capital Management
Wisconsin
$4.08M -$167K -6,014 -4%
KCM
24
Kennedy Capital Management
Missouri
$4.05M +$302K +10,899 +9%
IIM
25
Ironwood Investment Management
Massachusetts
$3.97M +$1.63M +58,885 +87%

RAIL Hedge Fund Activity: Q1 2015 in Review

115 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q1 2015, worth a combined $342M — up 19% from $287M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new RAIL positions and 8 closed out — a net gain of 9 holders — while 39 added to existing stakes and 40 trimmed.

The largest buyer was Walthausen & Co, opening a new position worth an estimated $5.57M. The largest seller was Heartland Advisors, cutting an estimated $6.27M.

  • 115 institutional investors held FreightCar America (RAIL) as of Q1 2015, up from 106 in Q4 2014.
  • Funds reported $342M of FreightCar America stock for Q1 2015, up 19% quarter-over-quarter.
  • 17 funds opened new FreightCar America positions in Q1 2015 and 8 closed out, a net change of +9 holders.
  • The largest FreightCar America buyer in Q1 2015 was Walthausen & Co, an estimated $5.57M added.
  • The largest FreightCar America seller in Q1 2015 was Heartland Advisors, an estimated $6.27M sold.

Based on aggregated 13F filings for Q1 2015.