Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Freightcar Amer Inc (RAIL)

82 + Investors. Track Smart Money conviction in RAIL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — RAIL

Based on 84 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their RAIL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
84 hedge funds hold RAIL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +24% more funds vs a year ago

fund count last 6Q
+16 new funds entered over the past year (+24% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟠

More sellers than buyers — 48% buying

51 buying55 selling
Last quarter: 55 funds reduced or exited vs 51 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+9 vs last Q)

new funds entering per quarter
Funds opening a new RAIL position: 18 → 16 → 15 → 24. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 15% medium ■ 21% new
53 out of 84 hedge funds have held RAIL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +41% but shares only +15% — price-driven

Value
+41%
Shares
+14%
Last quarter: the total dollar value of institutional holdings rose +41%, but actual share count only changed +15%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

14 → 18 → 16 → 15 → 24 new funds/Q
New funds entering each quarter: 18 → 16 → 15 → 24. A growing number of institutions are discovering RAIL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 69% veterans vs 20% newcomers

■ 69% veterans ■ 11% 1-2yr ■ 20% new
Entry-cohort mix of 87 holders: 60 (69%) are 2+ year veterans, 10 entered 1–2 years ago, and 17 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 28% AUM from major funds

28% from top-100 AUM funds
30 of 83 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — RAIL

In 2026 Q2, 51 hedge funds were net buyers of RAIL (24 opened a new position, 27 added to an existing one), while 55 reduced or exited (30 trimmed, 25 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 28% of total institutional value in RAIL is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 84.

Hedge Fund Ownership: RAIL

How many hedge funds hold RAIL — quarterly history vs. share price
Quarterly hedge fund ownership of RAIL vs. share price

Market Analysis: RAIL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RAIL

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

9 top-rated funds 0 high-conviction
Consensus
4.3
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: RAIL
82 + Investors

Track Smart Money conviction in RAIL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 82 85 -3.53%
13F Shares 10M 9M 14.34%
Total Value $95M $68M 40.46%
New Positions 23 15 +8
Increased Positions 25 31 -6
Closed Positions 25 5 +20
Reduced Positions 30 24 +6
Total Calls 3 3 -
Total Puts 1 3 -66.67%
PUT/CALL Ratio 0.33 1.0 Bullish

Statistics: RAIL

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Institutional Holders (2026 Q2)

82 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in RAIL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 RAIL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Minerva Advisors LLC 2.33% 379,030 $3.7M
2 Essex Investment Management Co LLC 0.43% 337,662 $3.3M
3 Carlson Financial, INC. 0.28% 43,746 $484K
4 Penn Capital Management Company, LLC 0.21% 339,200 $3.3M
5 Formula Growth Ltd 0.17% 50,000 $487K
6 Nwam LLC 0.16% 320,625 $3.1M
7 Cm Wealth Advisors LLC 0.11% 61,450 $599K
8 Legato Capital Management LLC 0.09% 113,799 $1.1M
9 Kennedy Capital Management LLC 0.08% 492,415 $4.8M
10 Globeflex Capital L P 0.08% 64,775 $631K
11 North Star Investment Management Corp. 0.07% 133,800 $1.3M
12 Mechanics Financial Corp 0.07% 20,000 $195K
13 Hillsdale Investment Management Inc. 0.07% 313,744 $3.1M
14 R Squared Ltd 0.05% 10,563 $103K
15 Diamond Hill Capital Management, LLC (Investment Advisor) 0.03% 367,946 $3.6M
16 Bridgeway Capital Management, LLC 0.02% 105,100 $1.0M
17 Allianz Asset Management GmbH 0.01% 1,547,266 $15.1M
18 XTX Topco Ltd 0.01% 80,211 $781K
19 Jacobs Levy Equity Management, Inc 0.01% 266,098 $2.6M
20 Ritholtz Wealth Management 0.01% 35,081 $342K
21 Marshall Wace, LLP 0.00% 446,420 $4.3M
22 Sigma Planning Corp 0.00% 11,377 $111K
23 O'shaughnessy Asset Management, LLC 0.00% 47,643 $464K
24 Renaissance Technologies LLC 0.00% 131,300 $1.3M
25 Panagora Asset Management Inc 0.00% 40,357 $393K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Freightcar Amer Inc (RAIL)

What does the Smart Money Trend signal show for RAIL?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their RAIL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for RAIL?

More sellers than buyers — 48% buying: Last quarter: 55 funds reduced or exited vs 51 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for RAIL holders?

Strong quality — 28% AUM from major funds: 30 of 83 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held RAIL?

63% of holders stayed for 2+ years: 53 out of 84 hedge funds have held RAIL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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