We are live on ! Find out more
RAIL icon

FreightCar America
RAIL

36 hedge funds and large institutions have $22.1M invested in FreightCar America in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,384% more call options, than puts

Call options by funds: $282K | Put options by funds: $19K

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

39% more capital invested

Capital invested by funds: $15.9M → $22.1M (+$6.23M)

6% more funds holding

Funds holding: 34 → 36 (+2)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

1.55% less ownership

Funds ownership: 32.82% → 31.27% (-1.5%)

31% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 13

Holders
36
Holders Change
+2
Holders Change %
+5.88%
% of All Funds
0.52%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
3
Increased
9
Reduced
13
Closed
1
Calls
$282K
Puts
$19K
Net Calls
+$263K
Net Calls Change
+$122K

Top Buyers

1
Renaissance Technologies
Renaissance Technologies
New York
+$145K
2
Vanguard Group
Vanguard Group
Pennsylvania
+$78.8K
3
Citadel Advisors
Citadel Advisors
Florida
+$52.4K
4
Simplex Trading
Simplex Trading
Illinois
+$36.7K
5
Jane Street
Jane Street
New York
+$32.8K

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$456K
2
WIM
Wittenberg Investment Management
Massachusetts
-$128K
3
BCM
Bridgeway Capital Management
Texas
-$68.6K
4
Wells Fargo
Wells Fargo
California
-$29.8K
5
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$29.7K
Name Holding Trade Value Shares
Change 		Change in
Stake
CGIC
1
Continental General Insurance Company
Texas
$6.1M – – –
Allianz Asset Management
2
Allianz Asset Management
Germany
$5.96M – – –
MA
3
Minerva Advisors
Pennsylvania
$3.01M +$2.17K +728 +0.1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$2.25M +$78.8K +26,412 +5%
BlackRock
5
BlackRock
New York
$870K -$4.29K -1,440 -0.6%
WIM
6
Wittenberg Investment Management
Massachusetts
$673K -$128K -42,763 -20%
Morgan Stanley
7
Morgan Stanley
New York
$583K -$456K -152,830 -50%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$569K +$2.5K +839 +0.6%
Renaissance Technologies
9
Renaissance Technologies
New York
$314K +$145K +48,700 +148%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$249K -$29.7K -9,973 -13%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$216K -$19.6K -6,577 -10%
BCM
12
Bridgeway Capital Management
Texas
$193K -$68.6K -23,000 -32%
UBS Group
13
UBS Group
Switzerland
$177K -$22K -7,364 -14%
State Street
14
State Street
Massachusetts
$165K – – –
Citadel Advisors
15
Citadel Advisors
Florida
$163K +$52.4K +17,567 +71%
Northern Trust
16
Northern Trust
Illinois
$131K -$104 -35 -0.1%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$92.6K – – –
MFC
18
Mechanics Financial Corp
Ohio
$75K – – –
Simplex Trading
19
Simplex Trading
Illinois
$56K +$36.7K +12,305 +519%
Millennium Management
20
Millennium Management
New York
$48.8K +$63 +21 +0.2%
Bank of America
21
Bank of America
North Carolina
$44.4K -$24 -8 -0.1%
Jane Street
22
Jane Street
New York
$42.4K +$32.8K +11,010 New
IRC
23
Investors Research Corp
Georgia
$25.6K -$1.19K -400 -6%
JP Morgan Chase
24
JP Morgan Chase
New York
$19.9K -$6.98K -2,340 -31%
TRCT
25
Tower Research Capital (TRC)
New York
$13.3K +$2.18K +731 +27%
1
2

RAIL Hedge Fund Activity: Q1 2024 in Review

36 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q1 2024, worth a combined $22.1M — up 39% from $15.9M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new RAIL positions and 1 closed out — a net gain of 2 holders — while 9 added to existing stakes and 13 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $145K. The largest seller was Morgan Stanley, cutting an estimated $456K.

  • 36 institutional investors held FreightCar America (RAIL) as of Q1 2024, up from 34 in Q4 2023.
  • Funds reported $22.1M of FreightCar America stock for Q1 2024, up 39% quarter-over-quarter.
  • 3 funds opened new FreightCar America positions in Q1 2024 and 1 closed out, a net change of +2 holders.
  • The largest FreightCar America buyer in Q1 2024 was Renaissance Technologies, an estimated $145K added.
  • The largest FreightCar America seller in Q1 2024 was Morgan Stanley, an estimated $456K sold.

Based on aggregated 13F filings for Q1 2024.