Friedman Industries
FRD
29 hedge funds and large institutions have $14.5M invested in Friedman Industries in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
10% more capital invested
Capital invested by funds: $13.2M → $14.5M (+$1.27M)
0.41% more ownership
Funds ownership: 33.23% → 33.64% (+0.41%)
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNA
VNBTrust National Association
Charlottesville,
Virginia
|
+$127K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$90.2K |
| 3 |
Renaissance Technologies
New York
|
+$80.5K |
| 4 |
SRC
Shufro Rose & Co
New York
|
+$12.9K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$8.91K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$94.5K |
| 2 |
JP Morgan Chase
New York
|
-$51K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$16.7K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$6K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$5.61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFA
26
Nationwide Fund Advisors
Columbus,
Ohio
| $11K | – | – | – |
|
|
27
UBS Group
Zurich,
Switzerland
| $10K | +$8.91K | +1,589 | New |
|
|
FCMT
28
Founders Capital Management (Texas)
Houston,
Texas
| $9K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $1K | – | – | – |
|
|
30
JP Morgan Chase
New York
| – | -$51K | -8,900 | Closed |
|
|
31
Creative Planning
Overland Park,
Kansas
| – | -$6K | -1,000 | Closed |
|
FRD Hedge Fund Activity: Q3 2017 in Review
29 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q3 2017, worth a combined $14.5M — up 9.6% from $13.2M a quarter earlier.
Fund positioning in FRD was balanced in Q3 2017: 2 funds opened new positions, 2 closed out, 10 added to existing stakes and 4 trimmed.
The largest buyer was VNBTrust National Association, opening a new position worth an estimated $127K. The largest seller was Dimensional Fund Advisors, cutting an estimated $94.5K.
- 29 institutional investors held Friedman Industries (FRD) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $14.5M of Friedman Industries stock for Q3 2017, up 9.6% quarter-over-quarter.
- 2 funds opened new Friedman Industries positions in Q3 2017 and 2 closed out, a net change of 0 holders.
- The largest Friedman Industries buyer in Q3 2017 was VNBTrust National Association, an estimated $127K added.
- The largest Friedman Industries seller in Q3 2017 was Dimensional Fund Advisors, an estimated $94.5K sold.
Based on aggregated 13F filings for Q3 2017.