FreightCar America
RAIL
87 hedge funds and large institutions have $148M invested in FreightCar America in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 31 increasing their positions, 36 reducing their positions, and 11 closing their positions.
2.88% more ownership
Funds ownership: 86.16% → 89.04% (+2.9%)
7% less funds holding
Funds holding: 94 → 87 (-7)
14% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 36
19% less capital invested
Capital invested by funds: $183M → $148M (-$34.2M)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
87% less call options, than puts
Call options by funds: $267K | Put options by funds: $2.12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$7.53M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.41M |
| 3 |
RA
Royce & Associates
New York
|
+$1.41M |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$1.27M |
| 5 |
JP Morgan Chase
New York
|
+$866K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.32M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.06M |
| 3 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$1.05M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.02M |
| 5 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$854K |
RAIL Hedge Fund Activity: Q1 2018 in Review
87 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q1 2018, worth a combined $148M — down 19% from $183M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of RAIL and 7 opened new positions — a net loss of 4 holders — while 36 trimmed existing stakes and 31 added.
The largest buyer was Russell Investments Group, adding an estimated $7.53M. The largest seller was AJO LP, exiting entirely with an estimated $2.32M sold.
- 87 institutional investors held FreightCar America (RAIL) as of Q1 2018, down from 94 in Q4 2017.
- Funds reported $148M of FreightCar America stock for Q1 2018, down 19% quarter-over-quarter.
- 7 funds opened new FreightCar America positions in Q1 2018 and 11 closed out, a net change of -4 holders.
- The largest FreightCar America buyer in Q1 2018 was Russell Investments Group, an estimated $7.53M added.
- The largest FreightCar America seller in Q1 2018 was AJO LP, an estimated $2.32M sold.
Based on aggregated 13F filings for Q1 2018.