Friedman Industries
FRD
23 hedge funds and large institutions have $29.7M invested in Friedman Industries in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 13 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
65% more capital invested
Capital invested by funds: $18M → $29.7M (+$11.7M)
10% more funds holding
Funds holding: 21 → 23 (+2)
0.18% less ownership
Funds ownership: 32.27% → 32.09% (-0.18%)
77% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
+$1.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$736K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$323K |
| 4 |
State Street
Boston,
Massachusetts
|
+$241K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$90.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SRC
Shufro Rose & Co
New York
|
-$653K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$459K |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$378K |
| 4 |
BlackRock
New York
|
-$234K |
| 5 |
MAM
Marquette Asset Management
Minneapolis,
Minnesota
|
-$151K |
FRD Hedge Fund Activity: Q2 2021 in Review
23 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q2 2021, worth a combined $29.7M — up 65% from $18M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FRD positions and 2 closed out — a net gain of 2 holders — while 3 added to existing stakes and 13 trimmed.
The largest buyer was EAM Investors, opening a new position worth an estimated $1.2M. The largest seller was Shufro Rose & Co, cutting an estimated $653K.
- 23 institutional investors held Friedman Industries (FRD) as of Q2 2021, up from 21 in Q1 2021.
- Funds reported $29.7M of Friedman Industries stock for Q2 2021, up 65% quarter-over-quarter.
- 4 funds opened new Friedman Industries positions in Q2 2021 and 2 closed out, a net change of +2 holders.
- The largest Friedman Industries buyer in Q2 2021 was EAM Investors, an estimated $1.2M added.
- The largest Friedman Industries seller in Q2 2021 was Shufro Rose & Co, an estimated $653K sold.
Based on aggregated 13F filings for Q2 2021.