Friedman Industries
FRD
27 hedge funds and large institutions have $16.2M invested in Friedman Industries in 2014 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 1 closing their positions.
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0.66% less ownership
Funds ownership: 34.71% → 34.05% (-0.66%)
10% less funds holding
Funds holding: 30 → 27 (-3)
14% less capital invested
Capital invested by funds: $18.7M → $16.2M (-$2.56M)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$237K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$78.9K |
| 3 |
Renaissance Technologies
New York
|
+$40.8K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$18.2K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$17.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRC
Shufro Rose & Co
New York
|
-$274K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$169K |
| 3 |
Bank of New York Mellon
New York
|
-$88K |
| 4 |
Morgan Stanley
New York
|
-$64.1K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$49.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $7K | – | – | – |
|
|
27
Bank of New York Mellon
New York
| – | -$88K | -11,138 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$1.32K | -175 | -96% |
|
FRD Hedge Fund Activity: Q4 2014 in Review
27 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q4 2014, worth a combined $16.2M — down 14% from $18.7M a quarter earlier.
Fund positioning in FRD was balanced in Q4 2014: 1 fund opened new positions, 1 closed out, 4 added to existing stakes and 9 trimmed.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $237K. The largest seller was Shufro Rose & Co, cutting an estimated $274K.
- 27 institutional investors held Friedman Industries (FRD) as of Q4 2014, down from 30 in Q3 2014.
- Funds reported $16.2M of Friedman Industries stock for Q4 2014, down 14% quarter-over-quarter.
- 1 fund opened new Friedman Industries positions in Q4 2014 and 1 closed out, a net change of 0 holders.
- The largest Friedman Industries buyer in Q4 2014 was Virtu KCG Holdings, an estimated $237K added.
- The largest Friedman Industries seller in Q4 2014 was Shufro Rose & Co, an estimated $274K sold.
Based on aggregated 13F filings for Q4 2014.