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FreightCar America

31 hedge funds and large institutions have $17M invested in FreightCar America in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $223K | Put options by funds: $120K

0% more funds holding

Funds holding: 3131 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 1 | Existing positions closed: 1

0.45% less ownership

Funds ownership: 32.75%32.3% (-0.45%)

6% less capital invested

Capital invested by funds: $18.1M → $17M (-$1.06M)

13% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 8

Holders
31
Holders Change
Holders Change %
0%
% of All Funds
0.49%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
1
Increased
7
Reduced
8
Closed
1
Calls
$223K
Puts
$120K
Net Calls
+$103K
Net Calls Change
-$42K
Name Holding Trade Value Shares
Change
Change in
Stake
CGIC
1
Continental General Insurance Company
Texas
$4.72M
Allianz Asset Management
2
Allianz Asset Management
Germany
$4.61M
MA
3
Minerva Advisors
Pennsylvania
$2.38M
Vanguard Group
4
Vanguard Group
Pennsylvania
$1.66M
WIM
5
Wittenberg Investment Management
Massachusetts
$805K -$1.45K -500 -0.2%
BlackRock
6
BlackRock
New York
$712K +$5.98K +2,068 +0.9%
Morgan Stanley
7
Morgan Stanley
New York
$472K -$1.48K -511 -0.3%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$391K
BCM
9
Bridgeway Capital Management
Texas
$218K
Bank of New York Mellon
10
Bank of New York Mellon
New York
$195K -$1.21K -417 -0.6%
UBS Group
11
UBS Group
Switzerland
$137K +$19.7K +6,810 +17%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$130K -$4.54K -1,571 -3%
State Street
13
State Street
Massachusetts
$127K
Northern Trust
14
Northern Trust
Illinois
$95.8K +$4.88K +1,689 +6%
Citadel Advisors
15
Citadel Advisors
Florida
$64.2K -$45.9K -15,861 -42%
MFC
16
Mechanics Financial Corp
Ohio
$58K
MFA
17
McClarren Financial Advisors
Pennsylvania
$36K
Bank of America
18
Bank of America
North Carolina
$34.4K +$84 +29 +0.3%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$33.7K
Wells Fargo
20
Wells Fargo
California
$21.2K +$2.91K +1,007 +17%
IRC
21
Investors Research Corp
Georgia
$21K
Simplex Trading
22
Simplex Trading
Illinois
$20K +$6.36K +2,198 +48%
JP Morgan Chase
23
JP Morgan Chase
New York
$19.4K -$21.6K -7,454 -53%
Group One Trading
24
Group One Trading
Illinois
$18.3K -$17.9K -6,200 -50%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$13K +$1.67K +579 +15%

RAIL Hedge Fund Activity: Q2 2023 in Review

31 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q2 2023, worth a combined $17M — down 5.9% from $18.1M a quarter earlier.

Fund positioning in RAIL was balanced in Q2 2023: 1 fund opened new positions, 1 closed out, 7 added to existing stakes and 8 trimmed.

The largest buyer was UBS Group, adding an estimated $19.7K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $183K sold.

  • 31 institutional investors held FreightCar America (RAIL) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $17M of FreightCar America stock for Q2 2023, down 5.9% quarter-over-quarter.
  • 1 fund opened new FreightCar America positions in Q2 2023 and 1 closed out, a net change of 0 holders.
  • The largest FreightCar America buyer in Q2 2023 was UBS Group, an estimated $19.7K added.
  • The largest FreightCar America seller in Q2 2023 was Renaissance Technologies, an estimated $183K sold.

Based on aggregated 13F filings for Q2 2023.