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FreightCar America

52 hedge funds and large institutions have $41.8M invested in FreightCar America in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.97% less ownership

Funds ownership: 72.12%68.15% (-4%)

10% less funds holding

Funds holding: 5852 (-6)

20% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 20

22% less capital invested

Capital invested by funds: $53.3M → $41.8M (-$11.5M)

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $1K

Holders
52
Holders Change
-6
Holders Change %
-10.34%
% of All Funds
1.14%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
16
Reduced
20
Closed
13
Calls
Puts
$1K
Net Calls
-$1K
Net Calls Change
+$4K
Name Holding Trade Value Shares
Change
Change in
Stake
Russell Investments Group
1
Russell Investments Group
United Kingdom
$8.08M -$1.64M -328,770 -16%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$4.99M -$90.5K -18,091 -2%
RA
3
Royce & Associates
New York
$3.97M -$1.36M -271,315 -25%
Vanguard Group
4
Vanguard Group
Pennsylvania
$2.46M +$734K +146,787 +41%
Ameriprise
5
Ameriprise
Minnesota
$2.26M +$1.94M +387,170 +495%
WC
6
Walthausen & Co
New York
$2.23M +$200K +40,000 +10%
PRCP
7
Pacific Ridge Capital Partners
Oregon
$2.1M +$854K +170,830 +65%
BGIM
8
Brandywine Global Investment Management
Pennsylvania
$1.44M
Boston Partners
9
Boston Partners
Massachusetts
$1.34M -$3.06M -611,150 -69%
BlackRock
10
BlackRock
New York
$1.33M -$17.7K -3,536 -1%
FFH
11
Fairfax Financial Holdings
Ontario, Canada
$1.07M +$100K +20,000 +10%
MA
12
Minerva Advisors
Pennsylvania
$1.05M +$715K +142,946 +196%
Franklin Resources
13
Franklin Resources
California
$838K
California Public Employees Retirement System
14
California Public Employees Retirement System
California
$744K +$42K +8,400 +6%
AA
15
Ancora Advisors
Ohio
$738K -$235 -47 -0%
PL
16
Parthenon LLC
Kentucky
$695K +$128K +25,550 +22%
Millennium Management
17
Millennium Management
New York
$658K -$370K -74,010 -35%
Renaissance Technologies
18
Renaissance Technologies
New York
$656K +$236K +47,284 +54%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$536K -$24.7K -4,940 -4%
JP Morgan Chase
20
JP Morgan Chase
New York
$503K -$132K -26,480 -20%
Two Sigma Investments
21
Two Sigma Investments
New York
$463K +$16.4K +3,275 +4%
VCM
22
Venator Capital Management
Ontario, Canada
$433K +$447K +89,300 New
Geode Capital Management
23
Geode Capital Management
Massachusetts
$395K -$7.56K -1,512 -2%
Invesco
24
Invesco
Georgia
$371K -$14.9K -2,988 -4%
D.E. Shaw & Co
25
D.E. Shaw & Co
New York
$349K +$131K +26,210 +57%

RAIL Hedge Fund Activity: Q3 2019 in Review

52 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q3 2019, worth a combined $41.8M — down 22% from $53.3M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of RAIL and 7 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 16 added.

The largest buyer was Ameriprise, adding an estimated $1.94M. The largest seller was Boston Partners, cutting an estimated $3.06M.

  • 52 institutional investors held FreightCar America (RAIL) as of Q3 2019, down from 58 in Q2 2019.
  • Funds reported $41.8M of FreightCar America stock for Q3 2019, down 22% quarter-over-quarter.
  • 7 funds opened new FreightCar America positions in Q3 2019 and 13 closed out, a net change of -6 holders.
  • The largest FreightCar America buyer in Q3 2019 was Ameriprise, an estimated $1.94M added.
  • The largest FreightCar America seller in Q3 2019 was Boston Partners, an estimated $3.06M sold.

Based on aggregated 13F filings for Q3 2019.