Foster L B Co (FSTR): Snow Capital Management Cuts Its Stake

In a recent 13G filing with the US Securities and Exchange Commission, Snow Capital Management reported holding 4.6% of L.B. Foster Company (NASDAQ:FSTR). The position contains 472,841 shares, which is lower than the 632,649 shares that the fund reported in an earlier filing. L.B. Foster manufactures and sells products and services for the rail, construction and other markets.

Follow Foster L B Co (NASDAQ:FSTR)

 Overall, among the funds from our database, L.B. Foster Company (NASDAQ:FSTR) is not very popular, with just 13 funds holding shares as of the end of 2015, down by one over the quarter. Jim Simons’ Renaissance Technologies,  reported the biggest position, worth $2 million at the end of 2015. Sitting at the No. 2 spot is Royce & Associates, led by Chuck Royce, holding a $1.5 million position. Some other members of the smart money that hold long positions comprise John Overdeck and David Siegel’s Two Sigma Advisors, D. E. Shaw’s D E Shaw and Israel Englander’s Millennium Management.

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Snow Capital Management 472,841 472,841 472,841 4.6%

Page 1 of 6 – SEC Filing

United States

Securities and Exchange Commission

Washington, D.C. 20549




Under the Securities Exchange Act of 1934

(Amendment No. 2)*




(Name of Issuer)

Common Stock, $0.01 Par Value

(Title of Class of Securities)


(CUSIP Number)

March 28, 2016

(Date of Event Which Requires Filing of this Statement)



Check the appropriate box to
designate the rule pursuant to which this Schedule is filed:

x Rule 13d-1(b)

¨ Rule 13d-1(c)

¨ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be
deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).

Follow Foster L B Co (NASDAQ:FSTR)