Friedman Industries
FRD
28 hedge funds and large institutions have $11.6M invested in Friedman Industries in 2016 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.11% more ownership
Funds ownership: 31.64% → 31.75% (+0.11%)
0% more funds holding
Funds holding: 28 → 28 (0)
3% less capital invested
Capital invested by funds: $11.9M → $11.6M (-$302K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$49.1K |
| 2 |
Renaissance Technologies
New York
|
+$40K |
| 3 |
CA
Callahan Advisors
Houston,
Texas
|
+$20.8K |
| 4 |
SRC
Shufro Rose & Co
New York
|
+$12.8K |
| 5 |
PL
Parthenon LLC
Louisville,
Kentucky
|
+$8.18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$51.7K |
| 2 |
GWI
Grace & White Inc
Ny,
New York
|
-$12.8K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$12.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$12.8K |
| 5 |
Morgan Stanley
New York
|
-$2.05K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIM
26
BlackRock Investment Management
Wilmington,
Delaware
| $6K | – | – | – |
|
|
FIB
27
First Interstate Bank
Billings,
Montana
| $1K | – | – | – |
|
28
Geode Capital Management
Boston,
Massachusetts
| $117 | – | – | – |
|
FRD Hedge Fund Activity: Q1 2016 in Review
28 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q1 2016, worth a combined $11.6M — down 2.5% from $11.9M a quarter earlier.
Fund positioning in FRD was balanced in Q1 2016: 0 funds opened new positions, 0 closed out, 7 added to existing stakes and 6 trimmed.
The largest buyer was Brandywine Global Investment Management, adding an estimated $49.1K. The largest seller was LSV Asset Management, cutting an estimated $51.7K.
- 28 institutional investors held Friedman Industries (FRD) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $11.6M of Friedman Industries stock for Q1 2016, down 2.5% quarter-over-quarter.
- 0 funds opened new Friedman Industries positions in Q1 2016 and 0 closed out.
- The largest Friedman Industries buyer in Q1 2016 was Brandywine Global Investment Management, an estimated $49.1K added.
- The largest Friedman Industries seller in Q1 2016 was LSV Asset Management, an estimated $51.7K sold.
Based on aggregated 13F filings for Q1 2016.