Friedman Industries
FRD
24 hedge funds and large institutions have $12.8M invested in Friedman Industries in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 4 closing their positions.
0.81% less ownership
Funds ownership: 30.87% → 30.05% (-0.81%)
2% less capital invested
Capital invested by funds: $13M → $12.8M (-$246K)
8% less funds holding
Funds holding: 26 → 24 (-2)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
RBF Capital
San Francisco,
California
|
+$93.9K |
| 2 |
Bank of New York Mellon
New York
|
+$65.7K |
| 3 |
Morgan Stanley
New York
|
+$61.7K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$26.4K |
| 5 |
Renaissance Technologies
New York
|
+$5.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$388K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$142K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$17.9K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$14.2K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$7.8K |
FRD Hedge Fund Activity: Q2 2015 in Review
24 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q2 2015, worth a combined $12.8M — down 1.9% from $13M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRD and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was RBF Capital, opening a new position worth an estimated $93.9K. The largest seller was Perritt Capital Management, exiting entirely with an estimated $388K sold.
- 24 institutional investors held Friedman Industries (FRD) as of Q2 2015, down from 26 in Q1 2015.
- Funds reported $12.8M of Friedman Industries stock for Q2 2015, down 1.9% quarter-over-quarter.
- 2 funds opened new Friedman Industries positions in Q2 2015 and 4 closed out, a net change of -2 holders.
- The largest Friedman Industries buyer in Q2 2015 was RBF Capital, an estimated $93.9K added.
- The largest Friedman Industries seller in Q2 2015 was Perritt Capital Management, an estimated $388K sold.
Based on aggregated 13F filings for Q2 2015.