FreightCar America
RAIL
31 hedge funds and large institutions have $18.1M invested in FreightCar America in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 6 closing their positions.
156% more call options, than puts
Call options by funds: $238K | Put options by funds: $93K
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.26% less ownership
Funds ownership: 33.02% → 32.75% (-0.26%)
0% less capital invested
Capital invested by funds: $18.2M → $18.1M (-$87.1K)
11% less funds holding
Funds holding: 35 → 31 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$549K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$84.2K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$39.7K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$28K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$15.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Group One Trading
Chicago,
Illinois
|
-$109K |
| 2 |
Renaissance Technologies
New York
|
-$96.8K |
| 3 |
Charles Schwab
San Francisco,
California
|
-$44.3K |
| 4 |
IWN
Independent Wealth Network
Urbandale,
Iowa
|
-$38.7K |
| 5 |
NIMC
Nierenberg Investment Management Company
Camas,
Washington
|
-$37K |
RAIL Hedge Fund Activity: Q1 2023 in Review
31 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q1 2023, worth a combined $18.1M — down 0.48% from $18.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RAIL and 2 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 11 added.
The largest buyer was Allianz Asset Management, adding an estimated $549K. The largest seller was Group One Trading, cutting an estimated $109K.
- 31 institutional investors held FreightCar America (RAIL) as of Q1 2023, down from 35 in Q4 2022.
- Funds reported $18.1M of FreightCar America stock for Q1 2023, down 0.48% quarter-over-quarter.
- 2 funds opened new FreightCar America positions in Q1 2023 and 6 closed out, a net change of -4 holders.
- The largest FreightCar America buyer in Q1 2023 was Allianz Asset Management, an estimated $549K added.
- The largest FreightCar America seller in Q1 2023 was Group One Trading, an estimated $109K sold.
Based on aggregated 13F filings for Q1 2023.