Friedman Industries
FRD
25 hedge funds and large institutions have $20.1M invested in Friedman Industries in 2021 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 4 closing their positions.
2.39% less ownership
Funds ownership: 33.4% → 31.02% (-2.4%)
7% less funds holding
Funds holding: 27 → 25 (-2)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
27% less capital invested
Capital invested by funds: $27.4M → $20.1M (-$7.35M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$126K |
| 2 |
CA
Callahan Advisors
Houston,
Texas
|
+$60.8K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$60.1K |
| 4 |
BlackRock
New York
|
+$21K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$13.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$1.09M |
| 2 |
Millennium Management
New York
|
-$414K |
| 3 |
Renaissance Technologies
New York
|
-$312K |
| 4 |
Two Sigma Investments
New York
|
-$219K |
| 5 |
Morgan Stanley
New York
|
-$106K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Two Sigma Investments
New York
| – | -$219K | -18,369 | Closed |
|
27
UBS Group
Zurich,
Switzerland
| – | -$18K | -1,494 | Closed |
|
28
Bank of America
Charlotte,
North Carolina
| – | +$47 | +4 | +44% |
|
FRD Hedge Fund Activity: Q4 2021 in Review
25 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q4 2021, worth a combined $20.1M — down 27% from $27.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRD and 2 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Royal Bank of Canada, opening a new position worth an estimated $126K. The largest seller was EAM Investors, exiting entirely with an estimated $1.09M sold.
- 25 institutional investors held Friedman Industries (FRD) as of Q4 2021, down from 27 in Q3 2021.
- Funds reported $20.1M of Friedman Industries stock for Q4 2021, down 27% quarter-over-quarter.
- 2 funds opened new Friedman Industries positions in Q4 2021 and 4 closed out, a net change of -2 holders.
- The largest Friedman Industries buyer in Q4 2021 was Royal Bank of Canada, an estimated $126K added.
- The largest Friedman Industries seller in Q4 2021 was EAM Investors, an estimated $1.09M sold.
Based on aggregated 13F filings for Q4 2021.