Friedman Industries
FRD
32 hedge funds and large institutions have $17.3M invested in Friedman Industries in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 31 → 32 (+1)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
0.69% less ownership
Funds ownership: 38.68% → 38% (-0.69%)
9% less capital invested
Capital invested by funds: $18.9M → $17.3M (-$1.61M)
Top Buyers
| 1 |
CA
Callahan Advisors
Houston,
Texas
|
+$35K |
| 2 |
BlackRock
New York
|
+$21.9K |
| 3 |
SRC
Shufro Rose & Co
New York
|
+$16.4K |
| 4 |
Renaissance Technologies
New York
|
+$8.7K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$7.79K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $3K | – | – | – |
|
|
TC
27
Truvestments Capital
Sarasota,
Florida
| $3K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $2K | +$1.51K | +243 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $1K | +$627 | +101 | New |
|
30
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | +$1.24K | +200 | New |
|
|
AIM
31
Alambic Investment Management
Belvedere,
California
| – | -$129K | -18,557 | Closed |
|
|
PAM
32
Panagora Asset Management
Boston,
Massachusetts
| – | -$29K | -4,238 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$8K | -1,103 | Closed |
|
|
JFA
34
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$1K | -100 | Closed |
|
35
Barclays
London,
United Kingdom
| – | +$360 | +58 | New |
|
FRD Hedge Fund Activity: Q3 2019 in Review
32 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q3 2019, worth a combined $17.3M — down 8.5% from $18.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FRD positions and 4 closed out — a net gain of 1 holder — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Callahan Advisors, adding an estimated $35K. The largest seller was Acadian Asset Management, cutting an estimated $133K.
- 32 institutional investors held Friedman Industries (FRD) as of Q3 2019, up from 31 in Q2 2019.
- Funds reported $17.3M of Friedman Industries stock for Q3 2019, down 8.5% quarter-over-quarter.
- 5 funds opened new Friedman Industries positions in Q3 2019 and 4 closed out, a net change of +1 holder.
- The largest Friedman Industries buyer in Q3 2019 was Callahan Advisors, an estimated $35K added.
- The largest Friedman Industries seller in Q3 2019 was Acadian Asset Management, an estimated $133K sold.
Based on aggregated 13F filings for Q3 2019.