Friedman Industries
FRD
37 hedge funds and large institutions have $47M invested in Friedman Industries in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 5 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
6% more capital invested
Capital invested by funds: $44.4M → $47M (+$2.63M)
0.11% more ownership
Funds ownership: 42.1% → 42.21% (+0.11%)
8% less funds holding
Funds holding: 40 → 37 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$579K |
| 2 |
DLP
De Lisle Partners
Poole,
United Kingdom
|
+$181K |
| 3 |
RWM
Ritholtz Wealth Management
New York
|
+$176K |
| 4 |
GJL
Gendell Jeffrey L
|
+$116K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$111K |
Top Sellers
FRD Hedge Fund Activity: Q3 2024 in Review
37 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Friedman Industries (FRD) for Q3 2024, worth a combined $47M — up 5.9% from $44.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FRD and 2 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 13 added.
The largest buyer was LSV Asset Management, adding an estimated $579K. The largest seller was Susquehanna International Group, cutting an estimated $309K.
- 37 institutional investors held Friedman Industries (FRD) as of Q3 2024, down from 40 in Q2 2024.
- Funds reported $47M of Friedman Industries stock for Q3 2024, up 5.9% quarter-over-quarter.
- 2 funds opened new Friedman Industries positions in Q3 2024 and 5 closed out, a net change of -3 holders.
- The largest Friedman Industries buyer in Q3 2024 was LSV Asset Management, an estimated $579K added.
- The largest Friedman Industries seller in Q3 2024 was Susquehanna International Group, an estimated $309K sold.
Based on aggregated 13F filings for Q3 2024.