FreightCar America
RAIL
91 hedge funds and large institutions have $179M invested in FreightCar America in 2017 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 30 increasing their positions, 23 reducing their positions, and 21 closing their positions.
93% more call options, than puts
Call options by funds: $1.39M | Put options by funds: $720K
49% more capital invested
Capital invested by funds: $120M → $179M (+$58.7M)
30% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 23
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
5.44% more ownership
Funds ownership: 77.31% → 82.74% (+5.4%)
3% more funds holding
Funds holding: 88 → 91 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$3.3M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$3.19M |
| 3 |
Millennium Management
New York
|
+$3.04M |
| 4 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$1.94M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$2.96M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.89M |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$2.67M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.57M |
| 5 |
VHMC
Value Holdings Management Company
Hampton Bays,
New York
|
-$1.44M |
RAIL Hedge Fund Activity: Q2 2017 in Review
91 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q2 2017, worth a combined $179M — up 49% from $120M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new RAIL positions and 21 closed out — a net gain of 4 holders — while 30 added to existing stakes and 23 trimmed.
The largest buyer was Numeric Investors, opening a new position worth an estimated $3.3M. The largest seller was Boston Partners, cutting an estimated $2.96M.
- 91 institutional investors held FreightCar America (RAIL) as of Q2 2017, up from 88 in Q1 2017.
- Funds reported $179M of FreightCar America stock for Q2 2017, up 49% quarter-over-quarter.
- 25 funds opened new FreightCar America positions in Q2 2017 and 21 closed out, a net change of +4 holders.
- The largest FreightCar America buyer in Q2 2017 was Numeric Investors, an estimated $3.3M added.
- The largest FreightCar America seller in Q2 2017 was Boston Partners, an estimated $2.96M sold.
Based on aggregated 13F filings for Q2 2017.