Friedman Industries
FRD
29 hedge funds and large institutions have $15.8M invested in Friedman Industries in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
36% more capital invested
Capital invested by funds: $11.6M → $15.8M (+$4.15M)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
7% more funds holding
Funds holding: 27 → 29 (+2)
2.91% more ownership
Funds ownership: 31.92% → 34.83% (+2.9%)
Top Buyers
Top Sellers
| 1 |
SRC
Shufro Rose & Co
New York
|
-$47.3K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$40.6K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$39.4K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$24.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$11K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $19K | +$16.6K | +2,954 | New |
|
|
NFA
27
Nationwide Fund Advisors
Columbus,
Ohio
| $11K | – | – | – |
|
|
BIM
28
BlackRock Investment Management
Wilmington,
Delaware
| $8K | – | – | – |
|
29
Creative Planning
Overland Park,
Kansas
| $7K | – | – | – |
|
|
30
UBS Group
Zurich,
Switzerland
| – | -$11K | -2,028 | Closed |
|
|
FIB
31
First Interstate Bank
Billings,
Montana
| – | -$1K | -200 | Closed |
|
FRD Hedge Fund Activity: Q4 2016 in Review
29 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q4 2016, worth a combined $15.8M — up 36% from $11.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FRD positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Brandywine Global Investment Management, adding an estimated $278K. The largest seller was Shufro Rose & Co, cutting an estimated $47.3K.
- 29 institutional investors held Friedman Industries (FRD) as of Q4 2016, up from 27 in Q3 2016.
- Funds reported $15.8M of Friedman Industries stock for Q4 2016, up 36% quarter-over-quarter.
- 4 funds opened new Friedman Industries positions in Q4 2016 and 2 closed out, a net change of +2 holders.
- The largest Friedman Industries buyer in Q4 2016 was Brandywine Global Investment Management, an estimated $278K added.
- The largest Friedman Industries seller in Q4 2016 was Shufro Rose & Co, an estimated $47.3K sold.
Based on aggregated 13F filings for Q4 2016.