FIPNasdaqRailroads, Line-Haul OperatingFiscal year ends December 31
FTAI Infrastructure Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$2.32−0.10 (-4.13%)
Close on Oct 19, 2026
- Market cap
- $274.14M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
90.3%
107M of 118M shares
Institutional holders
176
23 new, 28 sold out
Net institutional buying
7M
In Q2 2026
Insider trades, 12 months
1 buys · 0 sales
Net bought $45.80K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Christian Leone | 8,203,776 | 7.20% | 13G (passive) amendment | Dec 31, 2024 |
| BlackRock, Inc. | 7,667,755 | 6.70% | 13G (passive) amendment | Jun 30, 2025 |
| Steven D. Lebowitz | 6,683,501 | 5.75% | 13G (passive) | Dec 31, 2025 |
| Luxor Management, LLC | 6,629,575 | 5.80% | 13G (passive) amendment | Jun 30, 2025 |
| Frontier Capital Management Co.,llc | 6,576,963 | 5.65% | 13G (passive) | Dec 31, 2025 |
| LCG Holdings, LLC | 5,940,484 | 5.70% | 13G (passive) amendment | Sep 30, 2024 |
| John Helmers | 5,701,162 | 5.00% | 13G (passive) | Apr 14, 2025 |
| GCM Investments GP, LLC | 22,237,370 | 15.84% | 13D (active) amendment | Jun 30, 2026 |
| Gcm V, L.L.C. | 19,559,903 | 14.65% | 13D (active) | Feb 26, 2025 |
| Wellington Management Group LLP | 13,490,351 | 11.40% | 13G (passive) amendment | Jun 30, 2026 |
| Wellington Management Company LLP | 11,795,824 | 10.10% | 13G (passive) amendment | Jan 30, 2026 |
| Fortress Operating Entity I LP | 10,368,786 | 9.40% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of FIP | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Wellington Management Group Llp | 13,490,351 | 11.41% | $62.60M | +1,259,468 | 0.01% |
| Washington State Investment Board | 11,785,779 | 9.97% | $54.69M | – | 20.42% |
| BlackRock, Inc. | 8,950,618 | 7.57% | $41.53M | +708,946 | 0.00% |
| Frontier Capital Management Co LLC | 8,257,704 | 6.99% | $38.32M | +702,012 | 0.36% |
| First Eagle Investment Management, LLC | 5,495,124 | 4.65% | $25.50M | +2,969,562 | 0.02% |
| Caspian Capital LP | 5,211,307 | 4.41% | $24.18M | – | 13.73% |
| Vanguard Capital Management LLC | 4,847,955 | 4.10% | $22.49M | +162,654 | 0.00% |
| Alliancebernstein L.P. | 4,253,292 | 3.60% | $21.01M | −944,709 | 0.01% |
| Long Focus Capital Management, LLC | 3,517,209 | 2.98% | $16.32M | −556,096 | 0.42% |
| Royce & Associates LP | 3,307,338 | 2.80% | $15.35M | +410,160 | 0.12% |
| State Street Corp | 3,001,777 | 2.54% | $13.93M | +307,478 | 0.00% |
| Geode Capital Management, LLC | 2,946,803 | 2.49% | $13.68M | +174,165 | 0.00% |
| Garnet Equity Capital Holdings, Inc. | 2,164,177 | 1.83% | $10.04M | +205,458 | 1.89% |
| Shay Capital LLC | 2,134,051 | 1.81% | $9.90M | −165,949 | 0.64% |
| Pingora Partners LLC | 2,094,053 | 1.77% | $9.72M | +41,400 | 5.67% |
| CenterBook Partners LP | 1,962,977 | 1.66% | $9.11M | +615,865 | 0.45% |
| Diamond Hill Capital Management Inc | 1,851,613 | 1.57% | $8.59M | +293,664 | 0.07% |
| Goldman Sachs Group Inc | 1,349,528 | 1.14% | $6.26M | +153,056 | 0.00% |
| Ares Management LLC | 1,197,554 | 1.01% | $5.56M | – | 0.24% |
| Bard Associates Inc | 1,196,467 | 1.01% | $5.55M | −8,126 | 1.23% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 176 | 107M | 90.3% | 23 / 62 | 49 / 28 | 11M | 4M |
| Q1 2026 | 188 | 100M | 84.4% | 31 / 61 | 50 / 22 | 14M | 7M |
| Q4 2025 | 183 | 100M | 84.2% | 24 / 63 | 56 / 26 | 18M | 9M |
| Q3 2025 | 188 | 93M | 78.3% | 34 / 68 | 48 / 29 | 22M | 23M |
| Q2 2025 | 185 | 94M | 79.3% | 36 / 62 | 52 / 25 | 15M | 18M |
| Q1 2025 | 174 | 97M | 81.8% | 33 / 50 | 55 / 32 | 15M | 7M |
| Q4 2024 | 174 | 89M | 75.3% | 32 / 71 | 40 / 27 | 15M | 17M |
| Q3 2024 | 173 | 96M | 81.0% | 32 / 65 | 40 / 18 | 29M | 13M |
| Q2 2024 | 160 | 88M | 74.4% | 42 / 55 | 31 / 16 | 16M | 14M |
| Q1 2024 | 134 | 86M | 72.6% | 21 / 34 | 42 / 11 | 11M | 7M |
| Q4 2023 | 124 | 81M | 68.7% | 21 / 39 | 28 / 11 | 13M | 5M |
| Q3 2023 | 118 | 74M | 62.4% | 12 / 32 | 30 / 14 | 5M | 7M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of FIP | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 3,368,534 | 2.85% | $15.63M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 2,817,887 | 2.38% | $13.07M | 0.02% | Jun 30, 2026 |
| First Eagle Small Cap Opportunity Fund | 2,312,945 | 1.96% | $8.63M | 0.30% | Jul 31, 2026 |
| Royce Small-Cap Opportunity Fund | 1,557,332 | 1.32% | $7.23M | 0.51% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,372,125 | 1.16% | $6.37M | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,201,213 | 1.02% | $4.48M | 0.01% | Jul 31, 2026 |
| Small Cap Growth Stock Portfolio | 1,132,788 | 0.96% | $5.26M | 0.58% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 1,034,595 | 0.88% | $4.80M | 0.03% | Jun 30, 2026 |
| Diamond Hill Small Cap Fund | 1,018,998 | 0.86% | $4.73M | 1.54% | Jun 30, 2026 |
| Hartford Small Cap Growth Hls Fund | 830,954 | 0.70% | $3.86M | 0.58% | Jun 30, 2026 |
| AB Small Cap Value Portfolio | 810,955 | 0.69% | $3.76M | 0.65% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 606,959 | 0.51% | $2.71M | 0.01% | May 31, 2026 |
| State Street(R) SPDR(R) S&P(R) Transportation ETF | 571,126 | 0.48% | $2.65M | 0.72% | Jun 30, 2026 |
| Schwab U.S. Small-Cap ETF | 564,710 | 0.48% | $2.52M | 0.01% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 564,118 | 0.48% | $2.52M | 0.01% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Carl Russell Fletcher IV | CFO and CAO | 40,000 | 0.03% | May 28, 2026 |
| Kenneth J. Nicholson | CEO and President | 2,175,539 | 1.84% | Aug 21, 2025 |
| Labor Impact Fund, L.P. | Director, 10% owner | – | – | Jul 2, 2026 |
| Michael Jay Sacks | Director, 10% owner | – | – | Jul 2, 2026 |
| Grosvenor Inc. GCM | Director, 10% owner | – | – | Jul 2, 2026 |
| GCM Investments GP, LLC | Director, 10% owner | – | – | Jul 2, 2026 |
| Lif Aiv 1, L.P. | Director, 10% owner | – | – | Jul 2, 2026 |
| Grosvenor Capital Management Holdings, LLLP | Director, 10% owner | – | – | Jul 2, 2026 |
| GCM Grosvenor Holdings, LLC | Director, 10% owner | – | – | Jul 2, 2026 |
| Gcm V, Llc | Director, 10% owner | – | – | Jul 2, 2026 |
| Judith A. Hannaway | Director | 14,047 | 0.01% | Jun 29, 2026 |
| James L. Hamilton | Director | 9,410 | 0.01% | Jun 29, 2026 |
| Ray M. Robinson | Director | 111,991 | 0.09% | Jun 29, 2026 |
| Joseph P. Adams Jr. | Director | 943,044 | 0.80% | May 28, 2025 |
| Matthew Rinklin | Director | – | – | Feb 28, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| James L. Hamilton Director | Jun 29, 2026 | Award | +1,010 | – | – | 9,410 |
| Judith A. Hannaway Director | Jun 29, 2026 | Award | +2,020 | – | – | 14,047 |
| Ray M. Robinson Director | Jun 29, 2026 | Award | +15,152 | – | – | 111,991 |
| Carl Russell Fletcher IV CFO and CAO | May 28, 2026 | Buy | +10,000 | $4.58 | $45.80K | 40,000 |
| James L. Hamilton Director | Jan 9, 2026 | Award | +984 | – | – | 8,400 |
| Carl Russell Fletcher IV CFO and CAO | Aug 21, 2025 | Buy | +10,000 | $4.48 | $44.80K | 30,000 |
| Kenneth J. Nicholson CEO and President | Aug 20, 2025 | Option exercise | +1,086,957 | $2.49 | $2.71M | 2,175,539 |
| James L. Hamilton Director | Jun 26, 2025 | Award | +820 | – | – | 7,416 |
| Joseph P. Adams Jr. Director | May 27, 2025 | Option exercise | +543,479 | $2.49 | $1.35M | 943,044 |
| Joseph P. Adams Jr. Director | May 27, 2025 | Tax withholding | −217,917 | $6.21 | $1.35M | 725,127 |
| Carl Russell Fletcher IV Chief Financial Officer | May 23, 2025 | Buy | +20,000 | $5.33 | $106.60K | 20,000 |
| Kenneth J. Nicholson CEO and President | May 20, 2025 | Buy | +500,000 | $5.22 | $2.61M | 1,088,582 |
| James L. Hamilton Director | Jan 7, 2025 | Award | +669 | – | – | 6,596 |
| Judith A. Hannaway Director | Jan 7, 2025 | Award | +1,336 | – | – | 12,027 |
| Judith A. Hannaway Director | Aug 13, 2024 | Option exercise | +5,000 | $2.44 | $12.20K | 8,502 |
| Judith A. Hannaway Director | Aug 13, 2024 | Tax withholding | −2,811 | $8.96 | $25.19K | 10,691 |
| Judith A. Hannaway Director | Aug 13, 2024 | Option exercise | +5,000 | $2.60 | $13.00K | 13,502 |
| Joseph P. Adams Jr. Director | Aug 13, 2024 | Option exercise | +12,838 | $3.17 | $40.70K | 460,676 |
| Joseph P. Adams Jr. Director | Aug 13, 2024 | Option exercise | +120,000 | $3.17 | $380.40K | 447,838 |
| Joseph P. Adams Jr. Director | Aug 13, 2024 | Option exercise | +35,593 | $3.69 | $131.34K | 327,838 |
| Joseph P. Adams Jr. Director | Aug 13, 2024 | Tax withholding | −61,111 | $9.04 | $552.44K | 399,565 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +33,457 | $1.94 | $64.91K | 1,774,954 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +1,452 | $1.94 | $2.82K | 1,741,497 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +4,379 | $1.95 | $8.54K | 1,740,045 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Sale | −3,399,501 | $9.04 | $30.73M | 8,418,561 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +8,695,652 | $2.61 | $22.70M | 11,818,062 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +102,710 | $3.17 | $325.59K | 3,122,410 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +960,000 | $3.17 | $3.04M | 3,019,700 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +284,746 | $3.69 | $1.05M | 2,059,700 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +101,074 | $1.91 | $193.05K | 661,074 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +560,000 | $2.28 | $1.28M | 560,000 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +400,268 | $1.80 | $720.48K | 1,061,342 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +60,040 | $1.80 | $108.07K | 1,121,382 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +549,582 | $2.03 | $1.12M | 1,670,964 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +1,801 | $1.51 | $2.72K | 1,672,765 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +598 | $1.50 | $897 | 1,673,363 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +567 | $1.53 | $868 | 1,673,930 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +563 | $1.53 | $861 | 1,674,493 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +7,528 | $2.01 | $15.13K | 1,735,666 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +1,840 | $2.05 | $3.77K | 1,728,138 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +940 | $2.01 | $1.89K | 1,726,298 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +1,463 | $2.03 | $2.97K | 1,725,358 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +2,950 | $2.02 | $5.96K | 1,723,895 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +2,911 | $2.03 | $5.91K | 1,720,945 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +1,410 | $2.10 | $2.96K | 1,718,034 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +2,386 | $2.06 | $4.92K | 1,716,624 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +1,427 | $2.07 | $2.95K | 1,714,238 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +2,863 | $2.06 | $5.90K | 1,712,811 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +6,530 | $2.05 | $13.39K | 1,709,948 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +6,959 | $2.05 | $14.27K | 1,703,418 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +5,563 | $2.04 | $11.35K | 1,696,459 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +1,983 | $1.90 | $3.77K | 1,690,896 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +2,067 | $1.80 | $3.72K | 1,688,913 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +1,563 | $1.79 | $2.80K | 1,686,846 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +508 | $1.82 | $925 | 1,685,283 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +1,585 | $1.78 | $2.82K | 1,684,775 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +543 | $1.74 | $945 | 1,683,190 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +7,604 | $1.77 | $13.46K | 1,682,647 |
| I. Intermediate Holdco LLC FINCO 10% owner | Aug 9, 2024 | Option exercise | +550 | $1.58 | $869 | 1,675,043 |
| Kenneth J. Nicholson CEO and President | Aug 8, 2024 | Option exercise | +120,000 | $3.17 | $380.40K | 575,744 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.