Friedman Industries
FRD
31 hedge funds and large institutions have $21.1M invested in Friedman Industries in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 6 closing their positions.
6% more capital invested
Capital invested by funds: $20M → $21.1M (+$1.12M)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
1.19% less ownership
Funds ownership: 40.45% → 39.26% (-1.2%)
9% less funds holding
Funds holding: 34 → 31 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$582K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$349K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$91.8K |
| 4 |
BlackRock
New York
|
+$85K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$56.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$868K |
| 2 |
VNB
Virginia National Bank
Charlottesville,
Virginia
|
-$362K |
| 3 |
JP Morgan Chase
New York
|
-$222K |
| 4 |
AIM
Alambic Investment Management
Belvedere,
California
|
-$116K |
| 5 |
Renaissance Technologies
New York
|
-$102K |
FRD Hedge Fund Activity: Q1 2019 in Review
31 of the 4,556 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q1 2019, worth a combined $21.1M — up 5.6% from $20M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FRD and 3 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $582K. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $868K sold.
- 31 institutional investors held Friedman Industries (FRD) as of Q1 2019, down from 34 in Q4 2018.
- Funds reported $21.1M of Friedman Industries stock for Q1 2019, up 5.6% quarter-over-quarter.
- 3 funds opened new Friedman Industries positions in Q1 2019 and 6 closed out, a net change of -3 holders.
- The largest Friedman Industries buyer in Q1 2019 was Bridgeway Capital Management, an estimated $582K added.
- The largest Friedman Industries seller in Q1 2019 was Hillsdale Investment Management, an estimated $868K sold.
Based on aggregated 13F filings for Q1 2019.