We are live on ! Find out more
FRD icon

Friedman Industries
FRD

31 hedge funds and large institutions have $19.1M invested in Friedman Industries in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

14% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 7

11% more funds holding

Funds holding: 28 → 31 (+3)

2% more capital invested

Capital invested by funds: $18.6M → $19.1M (+$426K)

0.66% more ownership

Funds ownership: 32.51% → 33.17% (+0.66%)

Holders
31
Holders Change
+3
Holders Change %
+10.71%
% of All Funds
0.89%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
8
Reduced
7
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
OC
Oppenheimer & Close
New York
+$265K
2
PL
Parthenon LLC
Kentucky
+$104K
3
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$78K
4
BGIM
Brandywine Global Investment Management
Pennsylvania
+$72.6K
5
Renaissance Technologies
Renaissance Technologies
New York
+$52.6K

Top Sellers

1
MWR
McAdams Wright Ragen
Washington
-$107K
2
PCM
Perritt Capital Management
Illinois
-$83.5K
3
First Manhattan
First Manhattan
New York
-$24K
4
Morgan Stanley
Morgan Stanley
New York
-$9.19K
5
Deutsche Bank
Deutsche Bank
Germany
-$4.18K
Name Holding Trade Value Shares
Change 		Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$4.84M +$78K +9,342 +2%
Renaissance Technologies
2
Renaissance Technologies
New York
$3.83M +$52.6K +6,300 +1%
SRC
3
Shufro Rose & Co
New York
$1.96M +$1.67K +200 +0.1%
LSV Asset Management
4
LSV Asset Management
Illinois
$1.65M – – –
KCM
5
Kennedy Capital Management
Missouri
$1.31M -$2.07K -248 -0.2%
Vanguard Group
6
Vanguard Group
Pennsylvania
$890K – – –
BCM
7
Bridgeway Capital Management
Texas
$731K – – –
PCM
8
Perritt Capital Management
Illinois
$591K -$83.5K -10,000 -13%
California Public Employees Retirement System
9
California Public Employees Retirement System
California
$526K – – –
GWI
10
Grace & White Inc
New York
$393K – – –
Bank of America
11
Bank of America
North Carolina
$347K – – –
Morgan Stanley
12
Morgan Stanley
New York
$316K -$9.19K -1,100 -3%
BGIM
13
Brandywine Global Investment Management
Pennsylvania
$301K +$72.6K +8,690 +32%
BFA
14
BlackRock Fund Advisors
California
$268K +$7.55K +904 +3%
OC
15
Oppenheimer & Close
New York
$268K +$265K +31,749 New
Northern Trust
16
Northern Trust
Illinois
$178K -$3.33K -399 -2%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$150K – – –
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$130K – – –
MWR
19
McAdams Wright Ragen
Washington
$118K -$107K -12,798 -48%
PL
20
Parthenon LLC
Kentucky
$106K +$104K +12,488 New
Deutsche Bank
21
Deutsche Bank
Germany
$63K -$4.18K -500 -6%
BA
22
BlackRock Advisors
Delaware
$24K – – –
U
23
UBS
Switzerland
$15K +$2.5K +299 +20%
NFA
24
Nationwide Fund Advisors
Ohio
$14K – – –
BIM
25
BlackRock Investment Management
Delaware
$9K +$9.38K +1,123 New
1
2

FRD Hedge Fund Activity: Q2 2014 in Review

31 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q2 2014, worth a combined $19.1M — up 2.3% from $18.6M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new FRD positions and 2 closed out — a net gain of 3 holders — while 8 added to existing stakes and 7 trimmed.

The largest buyer was Oppenheimer & Close, opening a new position worth an estimated $265K. The largest seller was McAdams Wright Ragen, cutting an estimated $107K.

  • 31 institutional investors held Friedman Industries (FRD) as of Q2 2014, up from 28 in Q1 2014.
  • Funds reported $19.1M of Friedman Industries stock for Q2 2014, up 2.3% quarter-over-quarter.
  • 5 funds opened new Friedman Industries positions in Q2 2014 and 2 closed out, a net change of +3 holders.
  • The largest Friedman Industries buyer in Q2 2014 was Oppenheimer & Close, an estimated $265K added.
  • The largest Friedman Industries seller in Q2 2014 was McAdams Wright Ragen, an estimated $107K sold.

Based on aggregated 13F filings for Q2 2014.