Friedman Industries
FRD
30 hedge funds and large institutions have $35.8M invested in Friedman Industries in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 4 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
13% more capital invested
Capital invested by funds: $31.8M → $35.8M (+$4.01M)
0.46% less ownership
Funds ownership: 31.87% → 31.41% (-0.46%)
3% less funds holding
Funds holding: 31 → 30 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$260K |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$135K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$127K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$54.3K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$42.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
-$1.16M |
| 2 |
SOW
State of Wyoming
Cheyenne,
Wyoming
|
-$33.4K |
| 3 |
DA
Denali Advisors
San Diego,
California
|
-$26.8K |
| 4 |
Renaissance Technologies
New York
|
-$21.6K |
| 5 |
HWM
HighMark Wealth Management
St. Paul,
Minnesota
|
-$20.1K |
FRD Hedge Fund Activity: Q4 2023 in Review
30 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q4 2023, worth a combined $35.8M — up 13% from $31.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FRD and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 11 added.
The largest buyer was Gendell Jeffrey L, adding an estimated $260K. The largest seller was EAM Investors, exiting entirely with an estimated $1.16M sold.
- 30 institutional investors held Friedman Industries (FRD) as of Q4 2023, down from 31 in Q3 2023.
- Funds reported $35.8M of Friedman Industries stock for Q4 2023, up 13% quarter-over-quarter.
- 3 funds opened new Friedman Industries positions in Q4 2023 and 4 closed out, a net change of -1 holder.
- The largest Friedman Industries buyer in Q4 2023 was Gendell Jeffrey L, an estimated $260K added.
- The largest Friedman Industries seller in Q4 2023 was EAM Investors, an estimated $1.16M sold.
Based on aggregated 13F filings for Q4 2023.