Friedman Industries
FRD
27 hedge funds and large institutions have $14.2M invested in Friedman Industries in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 4 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
1.92% more ownership
Funds ownership: 33.64% → 35.56% (+1.9%)
2% less capital invested
Capital invested by funds: $14.5M → $14.2M (-$347K)
7% less funds holding
Funds holding: 29 → 27 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNA
VNBTrust National Association
Charlottesville,
Virginia
|
+$465K |
| 2 |
Morgan Stanley
New York
|
+$337K |
| 3 |
Renaissance Technologies
New York
|
+$251K |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$205K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2L
22NW LP
Seattle,
Washington
|
-$660K |
| 2 |
BlackRock
New York
|
-$66.6K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$54.3K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$33.5K |
| 5 |
CA
Callahan Advisors
Houston,
Texas
|
-$11.9K |
FRD Hedge Fund Activity: Q4 2017 in Review
27 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q4 2017, worth a combined $14.2M — down 2.4% from $14.5M 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 8 added.
The largest buyer was VNBTrust National Association, adding an estimated $465K. The largest seller was 22NW LP, exiting entirely with an estimated $660K sold.
- 27 institutional investors held Friedman Industries (FRD) as of Q4 2017, down from 29 in Q3 2017.
- Funds reported $14.2M of Friedman Industries stock for Q4 2017, down 2.4% quarter-over-quarter.
- 2 funds opened new Friedman Industries positions in Q4 2017 and 4 closed out, a net change of -2 holders.
- The largest Friedman Industries buyer in Q4 2017 was VNBTrust National Association, an estimated $465K added.
- The largest Friedman Industries seller in Q4 2017 was 22NW LP, an estimated $660K sold.
Based on aggregated 13F filings for Q4 2017.