Friedman Industries
FRD
35 hedge funds and large institutions have $24.9M invested in Friedman Industries in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 1 closing their positions.
1,100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 1
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
40% more funds holding
Funds holding: 25 → 35 (+10)
34% more capital invested
Capital invested by funds: $18.5M → $24.9M (+$6.37M)
5.09% more ownership
Funds ownership: 32.6% → 37.69% (+5.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$992K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$589K |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$568K |
| 4 |
JP Morgan Chase
New York
|
+$521K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWI
Grace & White Inc
Ny,
New York
|
-$255K |
| 2 |
SRC
Shufro Rose & Co
New York
|
-$235K |
| 3 |
Franklin Resources
San Mateo,
California
|
-$97.7K |
| 4 |
Morgan Stanley
New York
|
-$75.1K |
| 5 |
BlackRock
New York
|
-$38.7K |
FRD Hedge Fund Activity: Q3 2018 in Review
35 institutional investors reported a position in Friedman Industries (FRD) for Q3 2018, worth a combined $24.9M — up 34% from $18.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FRD positions and 1 closed out — a net gain of 11 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $992K. The largest seller was Grace & White Inc, exiting entirely with an estimated $255K sold.
- 35 institutional investors held Friedman Industries (FRD) as of Q3 2018, up from 25 in Q2 2018.
- Funds reported $24.9M of Friedman Industries stock for Q3 2018, up 34% quarter-over-quarter.
- 12 funds opened new Friedman Industries positions in Q3 2018 and 1 closed out, a net change of +11 holders.
- The largest Friedman Industries buyer in Q3 2018 was Acadian Asset Management, an estimated $992K added.
- The largest Friedman Industries seller in Q3 2018 was Grace & White Inc, an estimated $255K sold.
Based on aggregated 13F filings for Q3 2018.