Friedman Industries
FRD
31 hedge funds and large institutions have $31.8M invested in Friedman Industries in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 5 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
148% more capital inflows, than outflows
Capital inflows: $3.14M | Capital outflows: $1.27M
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
7% more funds holding
Funds holding: 29 → 31 (+2)
1.34% more ownership
Funds ownership: 30.53% → 31.87% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM Investors
Solana Beach,
California
|
+$1.26M |
| 2 |
GJL
Gendell Jeffrey L
|
+$453K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$368K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$338K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$330K |
| 2 |
Shufro Rose & Co
New York
|
-$220K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$195K |
| 4 |
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$145K |
| 5 |
Renaissance Technologies
New York
|
-$132K |
FRD Hedge Fund Activity: Q3 2023 in Review
31 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q3 2023, worth a combined $31.8M — up 12% from $28.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FRD positions and 5 closed out — a net gain of 3 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was EAM Investors, opening a new position worth an estimated $1.26M. The largest seller was Man Group, exiting entirely with an estimated $330K sold.
- 31 institutional investors held Friedman Industries (FRD) as of Q3 2023, up from 29 in Q2 2023.
- Funds reported $31.8M of Friedman Industries stock for Q3 2023, up 12% quarter-over-quarter.
- 8 funds opened new Friedman Industries positions in Q3 2023 and 5 closed out, a net change of +3 holders.
- The largest Friedman Industries buyer in Q3 2023 was EAM Investors, an estimated $1.26M added.
- The largest Friedman Industries seller in Q3 2023 was Man Group, an estimated $330K sold.
Based on aggregated 13F filings for Q3 2023.