FREIGHTCAR AMER INC RAIL
COM · Common Stock · CUSIP 357023100
Rolling stock manufacturer
- SectorIndustrials
- IndustryRailroad Equipment
- HeadquartersChicago, IL
- Founded1901
- Websitefreightcaramerica.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 32.8m as of 2026-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $9.74. Options: 5 managers hold calls ($587.3k notional), 3 hold puts ($3.0m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 40 |
| Q4 2022 | 37 |
| Q1 2023 | 32 |
| Q2 2023 | 32 |
| Q3 2023 | 33 |
| Q4 2023 | 35 |
| Q1 2024 | 37 |
| Q2 2024 | 37 |
| Q3 2024 | 53 |
| Q4 2024 | 65 |
| Q1 2025 | 77 |
| Q2 2025 | 71 |
| Q3 2025 | 77 |
| Q4 2025 | 78 |
| Q1 2026 | 85 |
| Q2 2026 | 84 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 35 | 15 |
| Q4 2024 | 44 | 20 |
| Q1 2025 | 45 | 30 |
| Q2 2025 | 34 | 45 |
| Q3 2025 | 35 | 33 |
| Q4 2025 | 50 | 29 |
| Q1 2026 | 44 | 30 |
| Q2 2026 | 46 | 53 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $2.8m | $638.1k | 0.22 |
| Q4 2025 | $848.0k | $3.4m | 3.96 |
| Q1 2026 | $438.4k | $3.2m | 7.24 |
| Q2 2026 | $587.3k | $3.0m | 5.13 |
Biggest buyers
| BlackRock, Inc. | Added | +689.4k |
| KENNEDY CAPITAL MANAGEMENT LLC | New | +492.4k |
| NWAM LLC | New | +320.6k |
| Diamond Hill Capital Management, LLC (Investment Advisor) | Added | +296.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +216.1k |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +195.8k |
| Penn Capital Management Company, LLC | Added | +194.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | New | +104.0k |
| STATE STREET CORP | Added | +86.1k |
| NORTHERN TRUST CORP | Added | +79.7k |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Sold out | -216.4k |
| Ancora Advisors LLC | Reduced | -143.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -135.3k |
| Russell Investments Group, Ltd. | Reduced | -134.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -128.3k |
| North Star Investment Management Corp. | Reduced | -104.0k |
| MORGAN STANLEY | Reduced | -82.4k |
| Point72 Asset Management, L.P. | Sold out | -79.6k |
| MARSHALL WACE, LLP | Reduced | -76.2k |
| HighTower Advisors, LLC | Sold out | -74.8k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $219.2k22.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $203.6k20.9k shares |
| CITADEL ADVISORS LLC | Added | $148.0k15.2k shares |
| GROUP ONE TRADING LLC | Reduced | $12.7k1.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.9k400 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $3.0m308.2k shares |
| GROUP ONE TRADING LLC | Reduced | $9.7k1.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $974100 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
PACIFIC INVESTMENT MANAGEMENT CO LLC
13D · may seek influence
no change · filed 2026-10-16
Stated purposeItem 4 is hereby amended and supplemented as follows: On October 14, 2026, the Issuer entered into an agreement (the "Agreement") with OC III, OC XXVIII and OCI III LFE (each on behalf of itself, "Stockholder") pursuant to which, among other things, the Issuer has agreed (i) to terminate its existing stockholder rights plan and (ii) not to adopt any stockholder rights plan in which the definition of "Acquiring Person" (or any similar term) includes an ownership threshold of less than 20% of the Common Stock then outstanding. Pursuant to the Agreement, any sale, transfer, or assignment by Stockholder (or certain of its affiliates) of the Issuer's securities to a person who is or would become the beneficial owner of 20% or more of the Issuer's outstanding share capital is subject to the Boa… Full filing |
48.8% |
Fell to 5% or below in the last year: BlackRock, Inc. (3.7%, 2026-10-27), CONTINENTAL GENERAL INSURANCE CO (0.0%, 2026-02-13)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 1 | $251.3k | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $68.6k | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Allianz Asset Management GmbH 0.02% of their portfolio | 1.5m $15.1m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 958.7k $9.3m | Added +689.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 573.4k $5.6m | Reduced -9.6k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 492.4k $4.8m | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 446.4k $4.3m | Reduced -76.2k |
| Minerva Advisors LLC 2.33% of their portfolio | 379.0k $3.7m | Added +38.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 378.1k $3.7m | Added +216.1k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.03% of their portfolio | 367.9k $3.6m | Added +296.0k |
| Penn Capital Management Company, LLC 0.21% of their portfolio | 339.2k $3.3m | Added +194.7k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.43% of their portfolio | 337.7k $3.3m | Reduced -14.7k |
| NWAM LLC 0.16% of their portfolio | 320.6k $3.1m | New |
| Hillsdale Investment Management Inc. 0.07% of their portfolio | 313.7k $3.1m | Added +26.2k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 298.2k $2.9m | Reduced -4.9k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 266.1k $2.6m | Added +195.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 165.9k $1.6m | Added +26.1k |
| STATE STREET CORP 0.00% of their portfolio | 151.1k $1.5m | Added +86.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 139.8k $1.4m | Added +60.7k |
| North Star Investment Management Corp. 0.07% of their portfolio | 133.8k $1.3m | Reduced -104.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 131.3k $1.3m | Reduced -10.6k |
| MORGAN STANLEY 0.00% of their portfolio | 118.8k $1.2m | Reduced -82.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 115.2k $1.1m | Added +79.7k |
| Legato Capital Management LLC 0.09% of their portfolio | 113.8k $1.1m | Added +3.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 111.6k $1.1m | Added +29.2k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 105.1k $1.0m | Unchanged |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 104.0k $1.0m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 103.7k $1.0m | Added +20.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 102.5k $998.5k | Reduced -128.3k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 81.8k $797.1k | Reduced -39.3k |
| XTX Topco Ltd 0.01% of their portfolio | 80.2k $781.3k | Added +46.7k |
| Man Group plc 0.00% of their portfolio | 69.0k $672.3k | Added +10.6k |
| GLOBEFLEX CAPITAL L P 0.08% of their portfolio | 64.8k $630.9k | Reduced -7.7k |
| CM WEALTH ADVISORS LLC 0.11% of their portfolio | 61.5k $598.5k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 58.3k $567.6k | Added +12.4k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 58.2k $567.2k | Reduced -33.8k |
| UBS Group AG 0.00% of their portfolio | 53.2k $518.1k | Reduced -65.6k |
| FORMULA GROWTH LTD 0.17% of their portfolio | 50.0k $487.0k | New |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 47.6k $464.0k | Reduced -8.1k |
| CARLSON FINANCIAL, INC. 0.21% of their portfolio | 42.9k $417.9k | Reduced -1.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 41.2k $401.2k | New |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 40.4k $393.1k | Reduced -44.9k |
| RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio | 35.1k $341.7k | Reduced -2.6k |
| LPL Financial LLC 0.00% of their portfolio | 31.6k $308.0k | Added +6.7k |
| Walleye Capital LLC 0.00% of their portfolio | 30.9k $301.0k | Reduced -12.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 29.6k $288.6k | Reduced -135.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 25.6k $249.3k | Reduced -7.4k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 24.5k $238.3k | Reduced -46.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 24.2k $235.9k | Reduced -45.9k |
| Mechanics Financial Corp 0.07% of their portfolio | 20.0k $194.8k | Unchanged |
| Nuveen, LLC 0.00% of their portfolio | 19.6k $190.6k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 18.2k $177.3k | Reduced -44.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 14.8k $144.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 14.1k $137.2k | Added +14.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 13.3k $129.1k | Added +12.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 12.2k $119.0k | New |
| Sigma Planning Corp 0.00% of their portfolio | 11.4k $110.8k | New |
| R Squared Ltd 0.05% of their portfolio | 10.6k $102.9k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 8.6k $84.3k | New |
| CITIGROUP INC 0.00% of their portfolio | 7.0k $67.9k | Reduced -6.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 6.8k $66.6k | New |
| Ancora Advisors LLC 0.00% of their portfolio | 6.4k $61.9k | Reduced -143.6k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.3k $51.9k | Added +4.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 5.3k $51.6k | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 5.0k $48.9k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 4.8k $47.1k | New |
| BARCLAYS PLC 0.00% of their portfolio | 3.3k $32.6k | Reduced -14.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 2.5k $24.4k | Reduced -13.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 2.0k $19.5k | New |
| Legal & General Group Plc 0.00% of their portfolio | 1.4k $14.1k | New |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.3k $13.1k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.2k $11.8k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 1.2k $11.5k | Reduced -134.4k |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 1.1k $10.6k | Reduced -4.1k |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 927 $9.0k | Reduced -21.1k |
| Global Retirement Partners, LLC 0.00% of their portfolio | 865 $8.4k | First filing |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 800 $7.8k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 748 $7.0k | Added +445 |
| FMR LLC 0.00% of their portfolio | 440 $4.3k | New |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 200 $1.9k | Reduced -60 |
| Bogart Wealth, LLC 0.00% of their portfolio | 163 $1.6k | Added +63 |
| IFP Advisors, Inc 0.00% of their portfolio | 100 $974 | Unchanged |
| Sterling Capital Management LLC 0.00% of their portfolio | 67 $653 | New |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 11 $107 | New |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 7 $64 | Reduced -153 |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 2 $19 | Added +1 |