Friedman Industries
FRD
28 hedge funds and large institutions have $14.3M invested in Friedman Industries in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 27 → 28 (+1)
1% more capital invested
Capital invested by funds: $14.2M → $14.3M (+$98K)
0.92% less ownership
Funds ownership: 35.56% → 34.63% (-0.92%)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$282K |
| 2 |
Bank of New York Mellon
New York
|
+$63.5K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.9K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$11.6K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$6.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$419K |
| 2 |
Renaissance Technologies
New York
|
-$139K |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$83K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$60.6K |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$19K |
FRD Hedge Fund Activity: Q1 2018 in Review
28 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q1 2018, worth a combined $14.3M — up 0.69% from $14.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FRD positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 10 trimmed.
The largest buyer was Brandywine Global Investment Management, adding an estimated $282K. The largest seller was LSV Asset Management, exiting entirely with an estimated $419K sold.
- 28 institutional investors held Friedman Industries (FRD) as of Q1 2018, up from 27 in Q4 2017.
- Funds reported $14.3M of Friedman Industries stock for Q1 2018, up 0.69% quarter-over-quarter.
- 3 funds opened new Friedman Industries positions in Q1 2018 and 2 closed out, a net change of +1 holder.
- The largest Friedman Industries buyer in Q1 2018 was Brandywine Global Investment Management, an estimated $282K added.
- The largest Friedman Industries seller in Q1 2018 was LSV Asset Management, an estimated $419K sold.
Based on aggregated 13F filings for Q1 2018.