WABTEC WAB
COM · Common Stock · CUSIP 929740108 · ISIN US9297401088
American transport rolling stock manufacturer
- SectorIndustrials
- IndustryRailroad Equipment
- HeadquartersPittsburgh, PA
- Founded1999
- Websitewabteccorp.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 ($234.2m this quarter). Holder counts are more reliable. Shares outstanding: 168.9m as of 2026-07-17, 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 ≈ $269.48. Options: 8 managers hold calls ($25.3m notional), 13 hold puts ($68.6m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 741 |
| Q4 2022 | 792 |
| Q1 2023 | 812 |
| Q2 2023 | 810 |
| Q3 2023 | 819 |
| Q4 2023 | 889 |
| Q1 2024 | 924 |
| Q2 2024 | 983 |
| Q3 2024 | 985 |
| Q4 2024 | 1,066 |
| Q1 2025 | 1,042 |
| Q2 2025 | 1,123 |
| Q3 2025 | 1,093 |
| Q4 2025 | 1,127 |
| Q1 2026 | 1,164 |
| Q2 2026 | 1,189 |
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 | 405 | 464 |
| Q4 2024 | 410 | 456 |
| Q1 2025 | 415 | 511 |
| Q2 2025 | 520 | 435 |
| Q3 2025 | 450 | 493 |
| Q4 2025 | 448 | 468 |
| Q1 2026 | 518 | 476 |
| Q2 2026 | 532 | 484 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $32.2m | $18.1m | 0.56 |
| Q4 2025 | $15.0m | $11.5m | 0.77 |
| Q1 2026 | $23.6m | $13.5m | 0.57 |
| Q2 2026 | $25.3m | $68.6m | 2.71 |
Biggest buyers
| FMR LLC | Added | +1.7m |
| Vontobel Holding Ltd. | Added | +1.0m |
| AMERIPRISE FINANCIAL INC | Added | +802.6k |
| Invesco Ltd. | Added | +662.9k |
| Junto Capital Management LP | New | +526.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +483.8k |
| Amundi | Added | +482.3k |
| SG Americas Securities, LLC | Added | +243.5k |
| Impax Asset Management Group plc | Added | +240.4k |
| Resona Asset Management Co.,Ltd. | Added | +181.3k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -839.4k |
| Beutel, Goodman & Co Ltd. | Reduced | -802.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -731.8k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Reduced | -714.9k |
| Select Equity Group, L.P. | Reduced | -502.1k |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -462.7k |
| Assenagon Asset Management S.A. | Reduced | -461.2k |
| Qube Research & Technologies Ltd | Reduced | -399.6k |
| PZENA INVESTMENT MANAGEMENT LLC | Sold out | -367.8k |
| TOMS Capital Investment Management LP | Sold out | -272.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $9.2m34.2k shares |
| CITADEL ADVISORS LLC | Added | $8.2m30.6k shares |
| JANE STREET GROUP, LLC | Added | $4.3m16.1k shares |
| IMC-Chicago, LLC | Reduced | $2.2m8.3k shares |
| Squarepoint Ops LLC | Added | $620.1k2.3k shares |
| TWO SIGMA INVESTMENTS, LP | New | $296.6k1.1k shares |
| Walleye Capital LLC | Added | $296.6k1.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $53.9k200 shares |
Biggest puts
| Lido Advisors, LLC | New | $49.1m182.3k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | New | $5.4m20.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Unchanged | $3.7m13.9k shares |
| IMC-Chicago, LLC | Added | $2.5m9.3k shares |
| CITADEL ADVISORS LLC | Added | $2.1m7.7k shares |
| Walleye Trading LLC | Added | $1.9m7.1k shares |
| Twin Tree Management, LP | Unchanged | $1.5m5.5k shares |
| Squarepoint Ops LLC | Added | $943.6k3.5k shares |
| JANE STREET GROUP, LLC | Added | $916.6k3.4k shares |
| TWO SIGMA INVESTMENTS, LP | Reduced | $215.7k800 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 |
|---|---|
| FMR LLC 13G · institution +1.1 pts · filed 2026-08-06 | 12.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| BlackRock, Inc. 13G · institution filed 2025-04-17 | 7.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
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 | 0 | — | 4 | $11.5m | — |
| Q1 2025 | 0 | — | 1 | $325.9k | $325.9k |
| Q2 2025 | 0 | — | 12 | $34.8m | $10.7m |
| Q3 2025 | 0 | — | 1 | $1.4m | $1.4m |
| Q4 2025 | 0 | — | 7 | $8.5m | $2.2m |
| Q1 2026 | 0 | — | 7 | $9.7m | $2.5m |
| Q2 2026 | 0 | — | 3 | $18.5m | $17.6m |
| Q3 2026 | 0 | — | 7 | $7.3m | $2.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-02 | Santana Rafael President and CEO, director | Sold plan | $304.7k1.1k shares |
| 2026-09-01 | Santana Rafael President and CEO, director | Sold plan | $307.0k1.1k shares |
| 2026-08-21 | Mendonca Rogerio President, Equipment Group | Sold | $867.1k2.9k shares |
| 2026-08-20 | Fetsko Michael Pres., Freight Components Grp. | Sold | $953.0k3.2k shares |
| 2026-08-17 | Sbrocco Gregory EVP Operations | Sold plan | $285.6k952 shares |
| 2026-08-05 | Santana Rafael President and CEO, director | Sold plan | $345.4k1.2k shares |
| 2026-08-04 | Santana Rafael President and CEO, director | Sold plan | $347.8k1.2k shares |
| 2026-07-24 | Gebhardt Eric Chief Technology Officer | Sold | $2.1m7.1k shares |
| 2026-07-24 | DeNinno David L Exec VP, General Counsel, Sec. | Sold | $903.9k3.0k shares |
| 2026-07-24 | Gaur Sameer Pres., Global Freight Services | Sold | $300.6k1.0k shares |
| 2026-07-07 | Santana Rafael President and CEO, director | Sold plan | $298.8k1.2k shares |
| 2026-07-06 | Santana Rafael President and CEO, director | Sold plan | $304.8k1.2k shares |
| 2026-06-12 | Gaur Sameer Pres., Global Freight Services | Sold | $285.1k1.1k shares |
| 2026-06-08 | Santana Rafael President and CEO, director | Sold plan | $303.6k1.2k shares |
| 2026-06-05 | Santana Rafael President and CEO, director | Sold plan | $304.3k1.2k shares |
| 2026-05-05 | DeNinno David L Exec VP, General Counsel, Sec. | Sold | $663.7k2.5k shares |
| 2026-05-05 | Santana Rafael President and CEO, director | Sold plan | $308.1k1.2k shares |
| 2026-05-04 | Santana Rafael President and CEO, director | Sold plan | $306.8k1.2k shares |
| 2026-04-14 | Santana Rafael President and CEO, director | Sold plan | $16.4m60.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.25% of their portfolio | 21.4m $5.8bn | Added +1.7m |
| BlackRock, Inc. 0.06% of their portfolio | 13.9m $3.7bn | Added +137.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 11.1m $3.0bn | Added +2.3k |
| STATE STREET CORP 0.06% of their portfolio | 7.9m $2.1bn | Added +164.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.20% of their portfolio | 7.3m $2.0bn | Reduced -731.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.09% of their portfolio | 7.2m $1.9bn | Added +12.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 4.5m $1.2bn | Reduced -34.5k |
| FIL Ltd 0.68% of their portfolio | 3.5m $950.8m | Added +24.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.68% of their portfolio | 3.1m $835.5m | Reduced -462.7k |
| Invesco Ltd. 0.06% of their portfolio | 2.8m $753.5m | Added +662.9k |
| MORGAN STANLEY 0.04% of their portfolio | 2.5m $671.6m | Added +28.4k |
| Select Equity Group, L.P. 3.46% of their portfolio | 2.4m $652.9m | Reduced -502.1k |
| Boston Partners 0.48% of their portfolio | 2.0m $543.5m | Added +62.7k |
| NORGES BANK 0.05% of their portfolio | 1.9m $511.4m | Not comparable |
| NORTHERN TRUST CORP 0.05% of their portfolio | 1.7m $466.7m | Added +6.0k |
| DIMENSIONAL FUND ADVISORS LP 0.08% of their portfolio | 1.7m $462.2m | Reduced -11.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.08% of their portfolio | 1.7m $450.4m | Reduced -839.4k |
| Amundi 0.10% of their portfolio | 1.6m $426.2m | Added +482.3k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 1.5m $407.8m | Added +138.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.12% of their portfolio | 1.4m $390.5m | Reduced -188.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 1.4m $384.2m | Added +33.9k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 1.4m $369.6m | Added +26.8k |
| Vontobel Holding Ltd. 1.11% of their portfolio | 1.2m $330.9m | Added +1.0m |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 1.2m $326.1m | Added +22.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 1.1m $298.6m | Reduced -12.1k |
| AMERICAN CENTURY COMPANIES INC 0.13% of their portfolio | 1.1m $287.3m | Reduced -159.8k |
| AMERIPRISE FINANCIAL INC 0.05% of their portfolio | 981.1k $264.9m | Added +802.6k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.48% of their portfolio | 960.9k $259.1m | Reduced -31.5k |
| VANGUARD FIDUCIARY TRUST CO 0.06% of their portfolio | 952.7k $256.8m | Reduced -7.2k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.78% of their portfolio | 932.0k $251.3m | Reduced -124.8k |
| Nuveen, LLC 0.06% of their portfolio | 906.1k $244.3m | Reduced -123.8k |
| Legal & General Group Plc 0.05% of their portfolio | 895.3k $241.4m | Reduced -79.2k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 1.41% of their portfolio | 894.5k $241.2m | Reduced -714.9k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.18% of their portfolio | 870.7k $234.7m | Added +483.8k |
| Beutel, Goodman & Co Ltd. 1.68% of their portfolio | 846.4k $228.2m | Reduced -802.5k |
| BANK OF MONTREAL /CAN/ 0.08% of their portfolio | 820.7k $221.3m | Reduced -456 |
| Bank of New York Mellon Corp 0.03% of their portfolio | 788.9k $212.7m | Reduced -5.1k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 768.6k $207.2m | Reduced -64.8k |
| AVIVA PLC 0.28% of their portfolio | 715.8k $193.0m | Reduced -136.1k |
| BESSEMER GROUP INC 0.26% of their portfolio | 710.6k $191.6m | Reduced -6.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 689.1k $185.8m | Added +21.4k |
| PointState Capital LP 3.03% of their portfolio | 638.5k $172.1m | Added +37.8k |
| Santori & Peters, Inc. 45.86% of their portfolio | 603.3k $162.6m | Added +954 |
| RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio | 599.8k $161.7m | Reduced -150.1k |
| UBS Group AG 0.02% of their portfolio | 581.2k $156.7m | Reduced -199.9k |
| Impax Asset Management Group plc 0.98% of their portfolio | 558.8k $150.6m | Added +240.4k |
| Robeco Institutional Asset Management B.V. 0.18% of their portfolio | 545.8k $147.1m | Reduced -18.1k |
| PNC Financial Services Group, Inc. 0.07% of their portfolio | 535.9k $144.5m | Reduced -28.6k |
| ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio | 528.7k $132.1m | Added +54.8k |
| Junto Capital Management LP 2.63% of their portfolio | 526.7k $142.0m | New |
| PARK PRESIDIO CAPITAL LLC 7.48% of their portfolio | 490.3k $132.2m | Reduced -2.4k |
| AustralianSuper Pty Ltd 0.57% of their portfolio | 488.0k $131.6m | Reduced -7.1k |
| Swiss National Bank 0.07% of their portfolio | 480.0k $129.4m | Reduced -21.7k |
| SG Americas Securities, LLC 0.07% of their portfolio | 449.6k $121.2m | Added +243.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio | 445.1k $120.0m | Added +91.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 408.7k $110.2m | Added +26.5k |
| Assenagon Asset Management S.A. 0.07% of their portfolio | 390.5k $105.3m | Reduced -461.2k |
| California Public Employees Retirement System 0.06% of their portfolio | 381.5k $102.8m | Added +13.8k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 379.0k $102.2m | Reduced -14.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 377.8k $101.9m | Added +2.1k |
| KBC Group NV 0.22% of their portfolio | 371.2k $100.1m | Reduced -2.5k |
| Alyeska Investment Group, L.P. 0.26% of their portfolio | 367.7k $99.1m | Reduced -252.3k |
| Vanguard Global Advisers, LLC 0.05% of their portfolio | 365.0k $98.4m | Reduced -7.2k |
| Candriam S.C.A. 0.44% of their portfolio | 364.0k $98.0m | Added +32.5k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 356.2k $96.0m | Reduced -37.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio | 341.7k $92.1m | Added +89.5k |
| HSBC HOLDINGS PLC 0.04% of their portfolio | 338.5k $91.3m | Reduced -13.2k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 319.2k $86.1m | Reduced -2.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.06% of their portfolio | 313.9k $84.6m | Added +35.8k |
| FEDERATED HERMES, INC. 0.12% of their portfolio | 312.7k $84.3m | Reduced -491 |
| Jupiter Topco LLC 0.03% of their portfolio | 309.8k $83.5m | First filing |
| Erste Asset Management GmbH 0.62% of their portfolio | 298.1k $80.1m | Added +58.2k |
| Bank Julius Baer & Co. Ltd, Zurich 0.20% of their portfolio | 292.3k $78.8m | Added +14.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 285.0k $76.8m | Added +16.6k |
| BLAIR WILLIAM & CO/IL 0.19% of their portfolio | 268.7k $72.5m | Reduced -15.1k |
| National Pension Service 0.05% of their portfolio | 268.0k $72.3m | Added +4.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 257.3k $69.4m | Reduced -24.6k |
| TREMBLANT CAPITAL GROUP 1.96% of their portfolio | 252.8k $68.2m | Reduced -15.0k |
| Aberdeen Group plc 0.10% of their portfolio | 251.0k $67.7m | Added +30.3k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 247.3k $66.7m | Reduced -43.8k |
| PFA Pension, Forsikringsaktieselskab 0.17% of their portfolio | 241.8k $65.2m | Reduced -143.6k |
| Bristol Gate Capital Partners Inc. 4.41% of their portfolio | 234.9k $63.3m | Reduced -121.7k |
| Resona Asset Management Co.,Ltd. 0.29% of their portfolio | 233.3k $62.8m | Added +181.3k |
| Border to Coast Pensions Partnership Ltd 0.92% of their portfolio | 232.8k $62.7m | Unchanged |
| MARSHALL WACE, LLP 0.05% of their portfolio | 230.0k $62.0m | Added +75.0k |
| BECK MACK & OLIVER LLC 1.21% of their portfolio | 229.5k $61.9m | Added +320 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio | 227.7k $61.4m | Added +80.6k |
| VALUE HOLDINGS MANAGEMENT CO. LLC 10.22% of their portfolio | 226.9k $61.2m | Reduced -4.0k |
| CITIGROUP INC 0.03% of their portfolio | 224.8k $60.6m | Added +66.2k |
| BANK OF NOVA SCOTIA 0.09% of their portfolio | 215.7k $58.1m | Added +91.8k |
| Maple Rock Capital Partners Inc. 1.14% of their portfolio | 215.4k $58.1m | Unchanged |
| PINEBRIDGE INVESTMENTS LLC 0.48% of their portfolio | 215.2k $58.0m | Reduced -196.0k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 212.4k $57.3m | Added +23.4k |
| BARCLAYS PLC 0.02% of their portfolio | 202.8k $54.7m | Reduced -270.4k |
| Davidson Kempner Capital Management LP 0.86% of their portfolio | 200.0k $53.9m | Not comparable |
| Ensign Peak Advisors, Inc 0.09% of their portfolio | 194.8k $52.5m | Added +3.2k |
| Man Group plc 0.10% of their portfolio | 193.1k $52.1m | Reduced -111.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 191.5k $51.6m | Reduced -5.2k |
| DANSKE BANK A/S 0.10% of their portfolio | 190.7k $51.4m | Added +17.2k |
| First Pacific Advisors, LP 0.63% of their portfolio | 189.0k $51.0m | Reduced -71.7k |