Friedman Industries
FRD
34 hedge funds and large institutions have $20M invested in Friedman Industries in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 4 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
2.76% more ownership
Funds ownership: 37.69% → 40.45% (+2.8%)
3% less funds holding
Funds holding: 35 → 34 (-1)
20% less capital invested
Capital invested by funds: $24.9M → $20M (-$4.89M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Alambic Investment Management
Belvedere,
California
|
+$562K |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$540K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$470K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$134K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$95.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$408K |
| 2 |
Renaissance Technologies
New York
|
-$367K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$212K |
| 4 |
JP Morgan Chase
New York
|
-$182K |
| 5 |
VF
Virtu Financial
New York
|
-$149K |
FRD Hedge Fund Activity: Q4 2018 in Review
34 of the 4,491 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q4 2018, worth a combined $20M — down 20% from $24.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FRD positions and 4 closed out — a net gain of 1 holder — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Alambic Investment Management, opening a new position worth an estimated $562K. The largest seller was Deutsche Bank, exiting entirely with an estimated $408K sold.
- 34 institutional investors held Friedman Industries (FRD) as of Q4 2018, down from 35 in Q3 2018.
- Funds reported $20M of Friedman Industries stock for Q4 2018, down 20% quarter-over-quarter.
- 5 funds opened new Friedman Industries positions in Q4 2018 and 4 closed out, a net change of +1 holder.
- The largest Friedman Industries buyer in Q4 2018 was Alambic Investment Management, an estimated $562K added.
- The largest Friedman Industries seller in Q4 2018 was Deutsche Bank, an estimated $408K sold.
Based on aggregated 13F filings for Q4 2018.