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FreightCar America

32 hedge funds and large institutions have $15.4M invested in FreightCar America in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more call options, than puts

Call options by funds: $178K | Put options by funds: $89K

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

33% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 6

3% more funds holding

Funds holding: 3132 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.19% less ownership

Funds ownership: 32.3%32.11% (-0.19%)

10% less capital invested

Capital invested by funds: $17M → $15.4M (-$1.64M)

Holders
32
Holders Change
+1
Holders Change %
+3.23%
% of All Funds
0.51%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
8
Reduced
6
Closed
2
Calls
$178K
Puts
$89K
Net Calls
+$89K
Net Calls Change
-$14K
Name Holding Trade Value Shares
Change
Change in
Stake
CGIC
1
Continental General Insurance Company
Texas
$4.26M
Allianz Asset Management
2
Allianz Asset Management
Germany
$4.13M
MA
3
Minerva Advisors
Pennsylvania
$2.15M
Vanguard Group
4
Vanguard Group
Pennsylvania
$1.49M
WIM
5
Wittenberg Investment Management
Massachusetts
$709K -$13K -4,572 -2%
BlackRock
6
BlackRock
New York
$608K -$32.1K -11,262 -5%
Morgan Stanley
7
Morgan Stanley
New York
$413K -$9.93K -3,479 -2%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$392K +$44.8K +15,707 +12%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$218K +$109K +38,259 +88%
BCM
10
Bridgeway Capital Management
Texas
$195K
Bank of New York Mellon
11
Bank of New York Mellon
New York
$170K -$4.46K -1,564 -2%
UBS Group
12
UBS Group
Switzerland
$130K +$7.36K +2,578 +6%
State Street
13
State Street
Massachusetts
$114K
Northern Trust
14
Northern Trust
Illinois
$86.1K +$251 +88 +0.3%
Citadel Advisors
15
Citadel Advisors
Florida
$74.1K +$17.7K +6,195 +29%
MFC
16
Mechanics Financial Corp
Ohio
$52K
HighTower Advisors
17
HighTower Advisors
Illinois
$32K +$34.6K +12,125 New
Bank of America
18
Bank of America
North Carolina
$30.8K
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$30.2K
JP Morgan Chase
20
JP Morgan Chase
New York
$20.1K +$2.9K +1,016 +16%
Wells Fargo
21
Wells Fargo
California
$19K +$3 +1 +0%
IRC
22
Investors Research Corp
Georgia
$18.8K
Group One Trading
23
Group One Trading
Illinois
$7.58K -$9.43K -3,305 -54%
OC
24
Oakworth Capital
Alabama
$6.87K
TRCT
25
Tower Research Capital (TRC)
New York
$3.76K +$1.32K +464 +49%

RAIL Hedge Fund Activity: Q3 2023 in Review

32 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q3 2023, worth a combined $15.4M — down 9.7% from $17M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new RAIL positions and 2 closed out — a net gain of 1 holder — while 8 added to existing stakes and 6 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $109K. The largest seller was McClarren Financial Advisors, exiting entirely with an estimated $36K sold.

  • 32 institutional investors held FreightCar America (RAIL) as of Q3 2023, up from 31 in Q2 2023.
  • Funds reported $15.4M of FreightCar America stock for Q3 2023, down 9.7% quarter-over-quarter.
  • 3 funds opened new FreightCar America positions in Q3 2023 and 2 closed out, a net change of +1 holder.
  • The largest FreightCar America buyer in Q3 2023 was Susquehanna International Group, an estimated $109K added.
  • The largest FreightCar America seller in Q3 2023 was McClarren Financial Advisors, an estimated $36K sold.

Based on aggregated 13F filings for Q3 2023.