Friedman Industries
FRD
28 hedge funds and large institutions have $15.7M invested in Friedman Industries in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
0.09% less ownership
Funds ownership: 34.83% → 34.74% (-0.09%)
0% less capital invested
Capital invested by funds: $15.8M → $15.7M (-$46K)
3% less funds holding
Funds holding: 29 → 28 (-1)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$298K |
| 2 |
BlackRock
New York
|
+$237K |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$140K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$115K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$87.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
-$203K |
| 2 |
GWI
Grace & White Inc
Ny,
New York
|
-$44.6K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$29.3K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$19.3K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$19K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFA
26
Nationwide Fund Advisors
Columbus,
Ohio
| $11K | – | – | – |
|
|
FCMT
27
Founders Capital Management (Texas)
Houston,
Texas
| $10K | +$9.98K | +1,500 | New |
|
28
Creative Planning
Overland Park,
Kansas
| $6K | – | – | – |
|
|
TDC
29
Thompson Davis & Co
Richmond,
Virginia
| – | -$203K | -30,450 | Closed |
|
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$19K | -2,954 | Closed |
|
FRD Hedge Fund Activity: Q1 2017 in Review
28 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q1 2017, worth a combined $15.7M — down 0.29% from $15.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FRD positions and 2 closed out — a net gain of 2 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $298K. The largest seller was Thompson Davis & Co, exiting entirely with an estimated $203K sold.
- 28 institutional investors held Friedman Industries (FRD) as of Q1 2017, down from 29 in Q4 2016.
- Funds reported $15.7M of Friedman Industries stock for Q1 2017, down 0.29% quarter-over-quarter.
- 4 funds opened new Friedman Industries positions in Q1 2017 and 2 closed out, a net change of +2 holders.
- The largest Friedman Industries buyer in Q1 2017 was Morgan Stanley, an estimated $298K added.
- The largest Friedman Industries seller in Q1 2017 was Thompson Davis & Co, an estimated $203K sold.
Based on aggregated 13F filings for Q1 2017.