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FreightCar America

74 hedge funds and large institutions have $73.4M invested in FreightCar America in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 29 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.51% less ownership

Funds ownership: 88.56%88.05% (-0.51%)

6% less funds holding

Funds holding: 7974 (-5)

14% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 29

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

50% less call options, than puts

Call options by funds: $2K | Put options by funds: $4K

59% less capital invested

Capital invested by funds: $177M → $73.4M (-$104M)

Holders
74
Holders Change
-5
Holders Change %
-6.33%
% of All Funds
1.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
25
Reduced
29
Closed
11
Calls
$2K
Puts
$4K
Net Calls
-$2K
Net Calls Change
-$159K
Name Holding Trade Value Shares
Change
Change in
Stake
Russell Investments Group
1
Russell Investments Group
United Kingdom
$11.7M +$2.81M +247,977 +16%
RA
2
Royce & Associates
New York
$10.4M +$2.12M +187,186 +14%
Boston Partners
3
Boston Partners
Massachusetts
$7.71M +$1.54M +135,652 +13%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$6.95M -$113K -9,937 -0.9%
BlackRock
5
BlackRock
New York
$6.49M +$1.36M +119,694 +14%
Wells Fargo
6
Wells Fargo
California
$5.06M -$55K -4,848 -0.6%
Vanguard Group
7
Vanguard Group
Pennsylvania
$2.62M -$2.44M -215,468 -36%
WC
8
Walthausen & Co
New York
$2.55M -$1.18M -104,290 -21%
State Street
9
State Street
Massachusetts
$1.41M -$72.1K -6,357 -3%
FFH
10
Fairfax Financial Holdings
Ontario, Canada
$1.34M +$227K +20,000 +11%
JP Morgan Chase
11
JP Morgan Chase
New York
$1.29M +$1.09M +95,937 +99%
AA
12
Ancora Advisors
Ohio
$1.2M +$560K +49,321 +38%
PRCP
13
Pacific Ridge Capital Partners
Oregon
$1.17M +$19.7K +1,733 +1%
Franklin Resources
14
Franklin Resources
California
$1.16M +$468K +41,200 +31%
UIC
15
Uniplan Investment Counsel
Wisconsin
$1.14M -$71.8K -6,330 -4%
California Public Employees Retirement System
16
California Public Employees Retirement System
California
$1.09M
Northern Trust
17
Northern Trust
Illinois
$950K -$12.8K -1,126 -0.8%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$859K -$170K -14,942 -10%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$827K +$72.7K +6,404 +5%
BGIM
20
Brandywine Global Investment Management
Pennsylvania
$588K +$361K +31,840 +57%
Morgan Stanley
21
Morgan Stanley
New York
$436K +$322K +28,339 +77%
PAM
22
Panagora Asset Management
Massachusetts
$396K -$27.2K -2,395 -4%
Deutsche Bank
23
Deutsche Bank
Germany
$387K -$224K -19,783 -25%
Invesco
24
Invesco
Georgia
$383K +$44.5K +3,921 +7%
Two Sigma Investments
25
Two Sigma Investments
New York
$359K +$309K +27,229 +103%

RAIL Hedge Fund Activity: Q4 2018 in Review

74 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q4 2018, worth a combined $73.4M — down 59% from $177M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of RAIL and 7 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 25 added.

The largest buyer was Russell Investments Group, adding an estimated $2.81M. The largest seller was Shufro Rose & Co, cutting an estimated $3.87M.

  • 74 institutional investors held FreightCar America (RAIL) as of Q4 2018, down from 79 in Q3 2018.
  • Funds reported $73.4M of FreightCar America stock for Q4 2018, down 59% quarter-over-quarter.
  • 7 funds opened new FreightCar America positions in Q4 2018 and 11 closed out, a net change of -4 holders.
  • The largest FreightCar America buyer in Q4 2018 was Russell Investments Group, an estimated $2.81M added.
  • The largest FreightCar America seller in Q4 2018 was Shufro Rose & Co, an estimated $3.87M sold.

Based on aggregated 13F filings for Q4 2018.