FREQUENCY ELECTRS INC FEIM
COM · Common Stock · CUSIP 358010106
- SectorTechnology
- IndustryInstruments For Meas & Testing of Electricity & Elec Signals
- HeadquartersMitchel Field, NY
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 9.5m as of 2024-07-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $9.11.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 27 |
| Q4 2022 | 27 |
| Q1 2023 | 26 |
| Q2 2023 | 29 |
| Q3 2023 | 29 |
| Q4 2023 | 33 |
| Q1 2024 | 29 |
| Q2 2024 | 32 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 7 | 11 |
| Q1 2023 | 7 | 12 |
| Q2 2023 | 8 | 5 |
| Q3 2023 | 9 | 14 |
| Q4 2023 | 16 | 10 |
| Q1 2024 | 10 | 15 |
| Q2 2024 | 10 | 8 |
Biggest buyers
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +19.2k |
| CITADEL ADVISORS LLC | New | +17.7k |
| UBS Group AG | Added | +6.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +3.1k |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.8k |
| Tower Research Capital LLC (TRC) | Added | +1.5k |
| ROYAL BANK OF CANADA | Added | +74 |
| BANK OF AMERICA CORP /DE/ | New | +57 |
| JPMORGAN CHASE & CO | Added | +6 |
| INNEALTA CAPITAL, LLC | New | +1 |
Biggest sellers
| ROYCE & ASSOCIATES LP | Reduced | -203.6k |
| THOMPSON DAVIS & CO., INC. | Reduced | -85.6k |
| KING LUTHER CAPITAL MANAGEMENT CORP | Reduced | -18.0k |
| SMITH, MOORE & CO. | Reduced | -2.9k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -2.7k |
| BlackRock Inc. | Reduced | -1.1k |
| NORTHERN TRUST CORP | Reduced | -216 |
| WELLS FARGO & COMPANY/MN | Sold out | -54 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Edenbrook Capital, LLC
13D · may seek influence
filed 2026-07-30
Stated purposeOn July 28, 2026, Edenbrook Value Fund, LP, a private fund managed by Edenbrook, and Edenbrook Long Only Value Fund, LP (the "Fund"), as selling stockholders, and the Issuer entered into an underwriting agreement (the "Underwriting Agreement") with Morgan Stanley & Co. LLC, (the "Underwriter"), providing for the offer and sale of 97,826 shares of Common Stock by Edenbrook Value Fund, LP and 554,348 shares of Common Stock by the Fund (the "Offering"), and purchase by the Underwriter of the shares of Common Stock, at a gross price to Edenbrook Value Fund, LP and the Fund of $57.50 per share. The Offering closed on July 30, 2026. The Offering was made pursuant to the Issuer's shelf registration statement on Form S-3 (File No. 333-297549), as supplemented by a preliminary prospectus suppleme… Full filing |
11.3% |
| DRIEHAUS CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-14 | 7.2% |
| BlackRock, Inc. 13G · institution new · filed 2026-07-28 | 5.2% |
Fell to 5% or below in the last year: Wax Asset Management, LLC (0.0%, 2026-02-13)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 1 | $54.5k | 0 | — | — |
| Q4 2022 | 1 | $49.1k | 0 | — | — |
| Q1 2023 | 1 | $2.9k | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 1 | $69.1k | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $99.4k | 0 | — | — |
| Q2 2024 | 1 | $28.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-04-30 | Sarachek Russell M Director | Bought | $6.5k687 shares |
| 2024-04-19 | Sarachek Russell M Director | Bought | $15.2k1.6k shares |
| 2024-04-15 | Sarachek Russell M Director | Bought | $6.4k658 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Edenbrook Capital, LLC 9.49% of their portfolio | 1.9m $17.1m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 684.6k $6.2m | Added +1.8k |
| NEEDHAM INVESTMENT MANAGEMENT LLC 0.31% of their portfolio | 407.9k $3.7m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 332.4k $3.0m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 254.2k $2.3m | Reduced -2.7k |
| ROYCE & ASSOCIATES LP 0.01% of their portfolio | 160.2k $1.5m | Reduced -203.6k |
| BlackRock Inc. 0.00% of their portfolio | 150.6k $1.4m | Reduced -1.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 73.2k $666.9k | Added +3.1k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 72.0k $655.9k | Reduced -18.0k |
| SMITH, MOORE & CO. 0.05% of their portfolio | 54.5k $496.2k | Reduced -2.9k |
| THOMPSON DAVIS & CO., INC. 0.42% of their portfolio | 53.1k $484.0k | Reduced -85.6k |
| GRACE & WHITE INC /NY 0.08% of their portfolio | 46.0k $419.5k | Unchanged |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 40.1k $366.0k | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 34.4k $313.6k | Unchanged |
| Moors & Cabot, Inc. 0.01% of their portfolio | 30.6k $278.5k | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 30.4k $277.3k | Reduced -216 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 21.5k $195.9k | Unchanged |
| THOMPSON SIEGEL & WALMSLEY LLC 0.00% of their portfolio | 20.5k $186.0k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 19.2k $174.6k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 17.7k $161.5k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 15.4k $140.0k | Added +74 |
| SHUFRO ROSE & CO LLC 0.01% of their portfolio | 15.0k $136.7k | Unchanged |
| VILLERE ST DENIS J & CO LLC 0.01% of their portfolio | 13.2k $120.3k | Unchanged |
| Teton Advisors, Inc. 0.04% of their portfolio | 10.0k $91.1k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 8.0k $72.5k | Added +6.0k |
| FIRST UNITED BANK & TRUST 0.02% of their portfolio | 5.0k $45.5k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 2.2k $20.1k | Added +1.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 57 $519 | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 40 $364 | Added +6 |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 10 $0 | Unchanged |
| INNEALTA CAPITAL, LLC 0.00% of their portfolio | 1 $9 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |