Ownership Profile

Shareholder Breakdown
Shareholder Holders Values ($) % O/S Shares
Institution 174 702 95.83 18,288,869
Mutual Fund 210 165 21.22 4,049,704
Institutional Shareholder Rotation
Shareholder Holders Values Change ($) % O/S Shares Change
Buyers 67 32.57 4.45 849,714
Sellers 106 -59.93 8.12 -1,549,255
Net -- -27.35 3.67 -699,541
Institutional Shareholder Concentration
Shareholder Values ($) % O/S Shares
Top 10 Inst. 609 83.14 15,866,549
Top 20 Inst. 646.09 88.21 16,833,087
Top 50 Inst. 685.69 93.59 17,861,124
Total Inst. 685.69 93.59 17,861,124
Institutional Shareholder Style
Shareholder Holders Values ($) % O/S Shares
Index 26 78 10.68 2,038,625
AggresGr 2 2 0.24 46,192
CoreGrowth 31 73 9.99 1,906,200
Growth 6 1 0.19 36,134
IncomeValue 3 7 0.90 171,693
Yield 2 0 0.06 12,403
BrokerDealer 15 7 0.94 179,485
GARP 11 11 1.46 279,522
HedgeFund 15 474 64.87 12,378,976
Specialty 1 0 0.03 6,213
CoreValue 17 13 1.63 311,649
DeepValue 9 29 3.94 752,186
Momentum 1 0 0.00 357
Top Holders: Institutional Investor
Holder Shares Held % O/S Shares Change Filing Date
Icahn Associates Corporation 11,871,268 62.21 0 06/30/2017
Dimensional Fund Advisors, L.P. 1,382,709 7.25 -5,586 06/30/2017
The Vanguard Group, Inc. 713,661 3.74 -383,795 06/30/2017
LSV Asset Management 461,619 2.42 3,900 06/30/2017
BlackRock Institutional Trust Company, N.A. 430,335 2.25 -32,841 06/30/2017
Royce & Associates, LP 226,112 1.18 0 06/30/2017
Northern Trust Investments, Inc. 215,055 1.13 93,504 06/30/2017
State Street Global Advisors (US) 198,606 1.04 9,811 06/30/2017
Norges Bank Investment Management (NBIM) 197,902 1.04 0 12/31/2016
Mellon Capital Management Corporation 169,282 0.89 921 06/30/2017
First Trust Advisors L.P. 124,087 0.65 -68,978 06/30/2017
Millennium Management LLC 119,541 0.63 106,371 06/30/2017
Renaissance Technologies LLC 116,600 0.61 116,600 06/30/2017
Citadel LLC 91,666 0.48 65,632 06/30/2017
Bank of America Merrill Lynch (US) 90,398 0.47 1,805 06/30/2017
Allianz Global Investors GmbH 89,215 0.47 -41,116 06/30/2017
Deutsche Asset Management Americas 87,928 0.46 79,283 06/30/2017
Allianz Global Investors U.S. LLC 86,112 0.45 -2,954 06/30/2017
UBS O'Connor LLC 81,000 0.42 81,000 06/30/2017
Kennedy Capital Management, Inc. 79,991 0.42 79,991 06/30/2017
Northern Trust Global Investments 75,250 0.39 38,499 06/30/2017
Geode Capital Management, L.L.C. 74,809 0.39 4,984 06/30/2017
California Public Employees' Retirement System 69,200 0.36 800 06/30/2017
AFAM Capital, Inc. 64,066 0.34 -375 06/30/2017
Mackenzie Financial Corporation 58,728 0.31 0 06/30/2017
Morgan Stanley Wealth Management 52,232 0.27 -50,192 06/30/2017
LPL Financial LLC 50,311 0.26 3,804 06/30/2017
Horizon Kinetics LLC 40,828 0.21 -17,303 06/30/2017
Bridgeway Capital Management, Inc. 36,900 0.19 0 06/30/2017
Nuveen LLC 34,287 0.18 -1,913 06/30/2017
Brandywine Global Investment Management, LLC 33,554 0.18 -939 06/30/2017
Two Sigma Investments, LP 32,313 0.17 -200 06/30/2017
Charles Schwab Investment Management, Inc. 30,507 0.16 152 06/30/2017
BlackRock Investment Management, LLC 28,689 0.15 -3,904 06/30/2017
Horrell Capital Management, Inc. 27,941 0.15 681 06/30/2017
Hotchkis and Wiley Capital Management, LLC 26,900 0.14 -800 06/30/2017
Guggenheim Investments 26,048 0.14 6,678 06/30/2017
Invesco PowerShares Capital Management LLC 25,951 0.14 10,280 06/30/2017
BNY Mellon Asset Management 24,110 0.13 1,955 06/30/2017
Golden (Gail) 23,800 0.12 23,800 04/27/2017
KBC Fund Management Limited 23,496 0.12 -12,057 02/29/2016
OxFORD Asset Management 23,380 0.12 23,380 06/30/2017
Granahan Investment Management, Inc. 21,902 0.11 0 09/30/2016
Morgan Stanley & Co. LLC 20,224 0.11 8,257 06/30/2017
Intrinsic Edge Capital Management, LLC 20,000 0.10 20,000 06/30/2017
Rhumbline Advisers Ltd. Partnership 17,355 0.09 -680 06/30/2017
Wellington Management Company, LLP 17,215 0.09 0 06/30/2017
Susquehanna Financial Group, LLLP 17,141 0.09 3,496 06/30/2017
PNC Capital Advisors, LLC 15,900 0.08 -178 06/30/2017
Scopus Asset Management, L.P. 15,000 0.08 15,000 06/30/2017

Ownership data is provided by Thomson Reuters, a third party service, and American Railcar Industries, Inc. does not maintain or provide information directly to this service.