FreightCar America
RAIL
80 hedge funds and large institutions have $90.7M invested in FreightCar America in 2025 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 35 increasing their positions, 15 reducing their positions, and 14 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 15
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
29% more capital inflows, than outflows
Capital inflows: $19.5M | Capital outflows: $15.1M
4% more funds holding
Funds holding: 77 → 80 (+3)
2.79% more ownership
Funds ownership: 40.15% → 42.94% (+2.8%)
75% less call options, than puts
Call options by funds: $848K | Put options by funds: $3.35M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$2.34M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$1.97M |
| 3 |
Walleye Capital
New York
|
+$1.41M |
| 4 |
Essex Investment Management
Boston,
Massachusetts
|
+$1.29M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$982K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Continental General Insurance Company
Austin,
Texas
|
-$9.6M |
| 2 |
Renaissance Technologies
New York
|
-$942K |
| 3 |
JP Morgan Chase
New York
|
-$850K |
| 4 |
Morgan Stanley
New York
|
-$808K |
| 5 |
Ancora Advisors
Cleveland,
Ohio
|
-$422K |
RAIL Hedge Fund Activity: Q4 2025 in Review
80 of the 8,302 institutional investors tracked by Wall St. Rank reported a position in FreightCar America (RAIL) for Q4 2025, worth a combined $90.7M — up 21% from $75.1M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new RAIL positions and 14 closed out — a net gain of 5 holders — while 35 added to existing stakes and 15 trimmed.
The largest buyer was Hillsdale Investment Management, adding an estimated $2.34M. The largest seller was Continental General Insurance Company, exiting entirely with an estimated $9.6M sold.
- 80 institutional investors held FreightCar America (RAIL) as of Q4 2025, up from 77 in Q3 2025.
- Funds reported $90.7M of FreightCar America stock for Q4 2025, up 21% quarter-over-quarter.
- 19 funds opened new FreightCar America positions in Q4 2025 and 14 closed out, a net change of +5 holders.
- The largest FreightCar America buyer in Q4 2025 was Hillsdale Investment Management, an estimated $2.34M added.
- The largest FreightCar America seller in Q4 2025 was Continental General Insurance Company, an estimated $9.6M sold.
Based on aggregated 13F filings for Q4 2025.