Friedman Industries
FRD
25 hedge funds and large institutions have $18.5M invested in Friedman Industries in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 4 closing their positions.
30% more capital invested
Capital invested by funds: $14.3M → $18.5M (+$4.26M)
2.03% less ownership
Funds ownership: 34.63% → 32.6% (-2%)
11% less funds holding
Funds holding: 28 → 25 (-3)
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$37.3K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$20.4K |
| 3 |
LCM
Leisure Capital Management
Costa Mesa,
California
|
+$13.7K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.05K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$19 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$330K |
| 2 |
PL
Parthenon LLC
Louisville,
Kentucky
|
-$139K |
| 3 |
Morgan Stanley
New York
|
-$104K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$88K |
| 5 |
Bank of New York Mellon
New York
|
-$64K |
FRD Hedge Fund Activity: Q2 2018 in Review
25 of the 4,330 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q2 2018, worth a combined $18.5M — up 30% from $14.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRD and 1 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 4 added.
The largest buyer was BlackRock, adding an estimated $37.3K. The largest seller was Brandywine Global Investment Management, cutting an estimated $330K.
- 25 institutional investors held Friedman Industries (FRD) as of Q2 2018, down from 28 in Q1 2018.
- Funds reported $18.5M of Friedman Industries stock for Q2 2018, up 30% quarter-over-quarter.
- 1 fund opened new Friedman Industries positions in Q2 2018 and 4 closed out, a net change of -3 holders.
- The largest Friedman Industries buyer in Q2 2018 was BlackRock, an estimated $37.3K added.
- The largest Friedman Industries seller in Q2 2018 was Brandywine Global Investment Management, an estimated $330K sold.
Based on aggregated 13F filings for Q2 2018.