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Friedman Industries
FRD

40 hedge funds and large institutions have $44.4M invested in Friedman Industries in 2024 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

5% more funds holding

Funds holding: 38 → 40 (+2)

0.12% more ownership

Funds ownership: 41.98% → 42.1% (+0.12%)

0% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 13

19% less capital invested

Capital invested by funds: $54.9M → $44.4M (-$10.5M)

Holders
40
Holders Change
+2
Holders Change %
+5.26%
% of All Funds
0.58%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
13
Reduced
13
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
LSV Asset Management
LSV Asset Management
Illinois
+$409K
2
Janus Henderson Group
Janus Henderson Group
United Kingdom
+$232K
3
GJL
Gendell Jeffrey L
+$180K
4
CA
Callahan Advisors
Texas
+$77.4K
5
OSAM
O'Shaughnessy Asset Management
Connecticut
+$60.1K

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$333K
2
TBA
Tower Bridge Advisors
Pennsylvania
-$212K
3
NA
NewEdge Advisors
Louisiana
-$209K
4
RWM
Ritholtz Wealth Management
New York
-$194K
5
Citadel Advisors
Citadel Advisors
Florida
-$133K
Name Holding Trade Value Shares
Change 		Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$8.48M +$28.7K +1,591 +0.3%
GJL
2
Gendell Jeffrey L
$6.73M +$180K +10,000 +2%
DLP
3
De Lisle Partners
United Kingdom
$6.26M – – –
Renaissance Technologies
4
Renaissance Technologies
New York
$5.46M +$40.5K +2,245 +0.6%
Vanguard Group
5
Vanguard Group
Pennsylvania
$4.64M – – –
BCM
6
Bridgeway Capital Management
Texas
$2.35M -$13.7K -760 -0.5%
Acadian Asset Management
7
Acadian Asset Management
Massachusetts
$2.05M +$24.1K +1,337 +1%
Morgan Stanley
8
Morgan Stanley
New York
$1.44M -$36.4K -2,022 -2%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$960K -$9.68K -537 -0.8%
CA
10
Callahan Advisors
Texas
$817K +$77.4K +4,293 +9%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$625K -$333K -18,490 -31%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$508K +$20.6K +1,142 +4%
EF
13
Empowered Funds
Pennsylvania
$500K +$42.2K +2,340 +8%
BlackRock
14
BlackRock
New York
$420K -$16.4K -911 -3%
OSAM
15
O'Shaughnessy Asset Management
Connecticut
$393K +$60.1K +3,334 +15%
State Street
16
State Street
Massachusetts
$378K – – –
LSV Asset Management
17
LSV Asset Management
Illinois
$343K +$409K +22,700 New
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$332K +$54.1K +3,000 +16%
Corient Private Wealth
19
Corient Private Wealth
Florida
$306K +$36K +2,000 +11%
Northern Trust
20
Northern Trust
Illinois
$304K -$22.4K -1,244 -6%
RC
21
RBF Capital
California
$218K – – –
Janus Henderson Group
22
Janus Henderson Group
United Kingdom
$194K +$232K +12,872 New
Citadel Advisors
23
Citadel Advisors
Florida
$185K -$133K -7,398 -38%
HIM
24
Hillsdale Investment Management
Ontario, Canada
$156K +$59.5K +3,300 +47%
Wells Fargo
25
Wells Fargo
California
$120K -$937 -52 -0.6%
1
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FRD Hedge Fund Activity: Q2 2024 in Review

40 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q2 2024, worth a combined $44.4M — down 19% from $54.9M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new FRD positions and 2 closed out — a net gain of 2 holders — while 13 added to existing stakes and 13 trimmed.

The largest buyer was LSV Asset Management, opening a new position worth an estimated $409K. The largest seller was Susquehanna International Group, cutting an estimated $333K.

  • 40 institutional investors held Friedman Industries (FRD) as of Q2 2024, up from 38 in Q1 2024.
  • Funds reported $44.4M of Friedman Industries stock for Q2 2024, down 19% quarter-over-quarter.
  • 4 funds opened new Friedman Industries positions in Q2 2024 and 2 closed out, a net change of +2 holders.
  • The largest Friedman Industries buyer in Q2 2024 was LSV Asset Management, an estimated $409K added.
  • The largest Friedman Industries seller in Q2 2024 was Susquehanna International Group, an estimated $333K sold.

Based on aggregated 13F filings for Q2 2024.