Friedman Industries
FRD
31 hedge funds and large institutions have $19.1M invested in Friedman Industries in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
11% more funds holding
Funds holding: 28 → 31 (+3)
2% more capital invested
Capital invested by funds: $18.6M → $19.1M (+$426K)
0.66% more ownership
Funds ownership: 32.51% → 33.17% (+0.66%)
Top Buyers
Top Sellers
| 1 |
MWR
McAdams Wright Ragen
Seattle,
Washington
|
-$107K |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$83.5K |
| 3 |
First Manhattan
New York
|
-$24K |
| 4 |
Morgan Stanley
New York
|
-$9.19K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.18K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $8K | +$8.35K | +1,000 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $4K | +$2.27K | +272 | +88% |
|
|
GSC
28
Ground Swell Capital
Folly Beach,
South Carolina
| $4K | +$3.85K | +461 | New |
|
|
AC
29
Alexandria Capital
Arlington,
Virginia
| $2K | -$1.67K | -200 | -50% |
|
|
GC
30
Globeflex Capital
San Diego,
California
| $1K | +$284 | +34 | +29% |
|
31
BNP Paribas Financial Markets
Paris,
France
| $270 | – | – | – |
|
|
32
First Manhattan
New York
| – | -$24K | -2,904 | Closed |
|
33
Wells Fargo
San Francisco,
California
| – | -$8 | -1 | Closed |
|
FRD Hedge Fund Activity: Q2 2014 in Review
31 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q2 2014, worth a combined $19.1M — up 2.3% from $18.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FRD positions and 2 closed out — a net gain of 3 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Oppenheimer & Close, opening a new position worth an estimated $265K. The largest seller was McAdams Wright Ragen, cutting an estimated $107K.
- 31 institutional investors held Friedman Industries (FRD) as of Q2 2014, up from 28 in Q1 2014.
- Funds reported $19.1M of Friedman Industries stock for Q2 2014, up 2.3% quarter-over-quarter.
- 5 funds opened new Friedman Industries positions in Q2 2014 and 2 closed out, a net change of +3 holders.
- The largest Friedman Industries buyer in Q2 2014 was Oppenheimer & Close, an estimated $265K added.
- The largest Friedman Industries seller in Q2 2014 was McAdams Wright Ragen, an estimated $107K sold.
Based on aggregated 13F filings for Q2 2014.