Friedman Industries
FRD
31 hedge funds and large institutions have $18.9M invested in Friedman Industries in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.58% less ownership
Funds ownership: 39.26% → 38.68% (-0.58%)
11% less capital invested
Capital invested by funds: $21.1M → $18.9M (-$2.23M)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$225K |
| 2 |
SRC
Shufro Rose & Co
New York
|
+$32.1K |
| 3 |
CA
Callahan Advisors
Houston,
Texas
|
+$26K |
| 4 |
BlackRock
New York
|
+$24K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$251K |
| 2 |
LCM
Leisure Capital Management
Costa Mesa,
California
|
-$172K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$91K |
| 4 |
PCM
Prelude Capital Management
New York
|
-$36K |
| 5 |
Renaissance Technologies
New York
|
-$32.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $8K | +$8.11K | +1,103 | New |
|
|
FCMT
27
Founders Capital Management (Texas)
Houston,
Texas
| $7K | – | – | – |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $4K | – | – | – |
|
|
TC
29
Truvestments Capital
Sarasota,
Florida
| $3K | – | – | – |
|
|
JFA
30
JNBA Financial Advisors
Bloomington,
Minnesota
| $1K | +$735 | +100 | New |
|
|
LCM
31
Leisure Capital Management
Costa Mesa,
California
| – | -$172K | -22,466 | Closed |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$91K | -11,835 | Closed |
|
|
PCM
33
Prelude Capital Management
New York
| – | -$36K | -4,712 | Closed |
|
|
LTFS
34
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$140 | +19 | New |
|
FRD Hedge Fund Activity: Q2 2019 in Review
31 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q2 2019, worth a combined $18.9M — down 11% from $21.1M a quarter earlier.
Fund positioning in FRD was balanced in Q2 2019: 3 funds opened new positions, 3 closed out, 5 added to existing stakes and 8 trimmed.
The largest buyer was Essex Investment Management, adding an estimated $225K. The largest seller was Alambic Investment Management, cutting an estimated $251K.
- 31 institutional investors held Friedman Industries (FRD) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $18.9M of Friedman Industries stock for Q2 2019, down 11% quarter-over-quarter.
- 3 funds opened new Friedman Industries positions in Q2 2019 and 3 closed out, a net change of 0 holders.
- The largest Friedman Industries buyer in Q2 2019 was Essex Investment Management, an estimated $225K added.
- The largest Friedman Industries seller in Q2 2019 was Alambic Investment Management, an estimated $251K sold.
Based on aggregated 13F filings for Q2 2019.