Friedman Industries
FRD
20 hedge funds and large institutions have $13.7M invested in Friedman Industries in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
4.24% less ownership
Funds ownership: 30.46% → 26.22% (-4.2%)
5% less funds holding
Funds holding: 21 → 20 (-1)
19% less capital invested
Capital invested by funds: $17M → $13.7M (-$3.27M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$166K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$124K |
| 3 |
GJL
Gendell Jeffrey L
|
+$115K |
| 4 |
CA
Callahan Advisors
Houston,
Texas
|
+$66.4K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$18.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWA
HHM Wealth Advisors
Chattanooga,
Tennessee
|
-$720K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$365K |
| 3 |
SRC
Shufro Rose & Co
New York
|
-$262K |
| 4 |
Renaissance Technologies
New York
|
-$251K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$134K |
FRD Hedge Fund Activity: Q3 2022 in Review
20 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q3 2022, worth a combined $13.7M — down 19% from $17M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FRD and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 8 added.
The largest buyer was Vanguard Group, adding an estimated $166K. The largest seller was HHM Wealth Advisors, exiting entirely with an estimated $720K sold.
- 20 institutional investors held Friedman Industries (FRD) as of Q3 2022, down from 21 in Q2 2022.
- Funds reported $13.7M of Friedman Industries stock for Q3 2022, down 19% quarter-over-quarter.
- 2 funds opened new Friedman Industries positions in Q3 2022 and 3 closed out, a net change of -1 holder.
- The largest Friedman Industries buyer in Q3 2022 was Vanguard Group, an estimated $166K added.
- The largest Friedman Industries seller in Q3 2022 was HHM Wealth Advisors, an estimated $720K sold.
Based on aggregated 13F filings for Q3 2022.