Vault-13

FRIEDMAN INDS INC FRD

COM · Common Stock · CUSIP 358435105

31 institutional holders -2 vs Q3 2023
2,366,6922.4m shares reported held*
33.9% of all shares outstanding*
$36.6mreported value*
2 new 11 added 8 reduced 5 sold out net bought ≈ $258.3k (+39.8k shares)

* 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 ($440.9k this quarter). Holder counts are more reliable. Shares outstanding: 7.0m as of 2024-02-14, 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 ≈ $15.46.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 21Q4 22: 25Q1 23: 25Q2 23: 30Q3 23: 33Q4 23: 3131Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202221
Q4 202225
Q1 202325
Q2 202330
Q3 202333
Q4 202331

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 11 bought or addedQ4 22: 8 cut or sold outQ4 22Q1 23: 13 bought or addedQ1 23: 8 cut or sold outQ1 23Q2 23: 14 bought or addedQ2 23: 11 cut or sold outQ2 23Q3 23: 23 bought or addedQ3 23: 10 cut or sold outQ3 23Q4 23: 13 bought or addedQ4 23: 13 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022118
Q1 2023138
Q2 20231411
Q3 20232310
Q4 20231313

Biggest buyers

MORGAN STANLEY Added +78,352+78.4k
GENDELL JEFFREY L Added +20,940+20.9k
NORTHERN TRUST CORP Added +10,909+10.9k
VANGUARD GROUP INC Added +10,206+10.2k
Janney Montgomery Scott LLC Added +4,377+4.4k
GEODE CAPITAL MANAGEMENT, LLC Added +3,442+3.4k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Added +2,496+2.5k
Empowered Funds, LLC Added +2,496+2.5k
OSAIC HOLDINGS, INC. New +1,500+1.5k
DIMENSIONAL FUND ADVISORS LP Added +1,432+1.4k

Biggest sellers

Informed Momentum Co LLC Sold out -86,911-86.9k
Man Group plc Sold out -23,119-23.1k
State of Wyoming Sold out -2,496-2.5k
DENALI ADVISORS LLC Sold out -2,000-2.0k
RENAISSANCE TECHNOLOGIES LLC Reduced -1,742-1.7k
HighMark Wealth Management LLC Sold out -1,500-1.5k
Tower Research Capital LLC (TRC) Reduced -1,246-1.2k
STATE STREET CORP Reduced -200-200
NewEdge Advisors, LLC Reduced -165-165
BlackRock Inc. Reduced -121-121

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.

HolderStakeChangeShares Last filed
De Lisle Partners LLP 13G · institution -0.1 pts · filed 2026-02-11 5.9% -0.1 pts 419.8k≈ $13.5m 2026-02-11
BlackRock, Inc. 13G · institution new · filed 2026-07-28 5.6% new 394.9k≈ $12.7m 2026-07-28

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26), GENDELL JEFFREY L (4.9%, 2026-02-06)

Insider purchases and sales in Q4 2023

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)

BuyingSelling
10010Q1 22: 0 buyingQ1 22: 0 sellingQ2 22: 0 buyingQ2 22: 0 sellingQ2 22Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 6 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 5 buyingQ3 23: 1 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20220—0——
Q2 20220—0——
Q3 20220—0——
Q4 20226$335.3k0——
Q1 20230—0——
Q2 20230—0——
Q3 20235$338.8k1$57.4k—
Q4 20230—0——

None reported in Q4 2023.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 552,968553.0k $8.5m $8.5m 0.00% Added +1.4k +1,432
2 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 374,782374.8k $5.8m $5.8m 0.01% Reduced -1.7k -1,742
3 GENDELL JEFFREY L 0.31% of their portfolio Greenwich, CT 374,327374.3k $5.8m $5.8m 0.31% Added +20.9k +20,940
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 312,445312.4k $4.8m $4.8m 0.00% Added +10.2k +10,206
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 153,964154.0k $2.4m $2.4m 0.00% Added +78.4k +78,352
6 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.05% of their portfolio HOUSTON, TX 153,942153.9k $2.4m $2.4m 0.05% Added +2.5k +2,496
7 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 137,027137.0k $2.1m $2.1m 0.01% Unchanged
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 65,00565.0k $1.0m $1.0m 0.00% Added +3.4k +3,442
9 Callahan Advisors, LLC 0.09% of their portfolio Houston, TX 52,67152.7k $814.3k $814.3k 0.09% Unchanged
10 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 29,66729.7k $459.0k $459.0k 0.00% Added +4.4k +4,377
11 BlackRock Inc. 0.00% of their portfolio New York, NY 28,70228.7k $443.7k $443.7k 0.00% Reduced -121 -121
12 Empowered Funds, LLC 0.01% of their portfolio NEWTOWN SQUARE, PA 28,52128.5k $440.9k $440.9k 0.01% Added +2.5k +2,496
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 25,65425.7k $396.6k $396.6k 0.00% Reduced -200 -200
14 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 22,47022.5k $347.4k $347.4k 0.00% Added +10.9k +10,909
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 19,00019.0k $294.0k $294.0k 0.00% Reduced -1 -1
16 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 18,25718.3k $282.3k $282.3k 0.00% Unchanged
17 RBF Capital, LLC 0.01% of their portfolio RENO, NV 14,44914.4k $223.4k $223.4k 0.01% Unchanged
18 TOWER BRIDGE ADVISORS 0.02% of their portfolio WEST CONSHOHOCKEN, PA 11,31011.3k $174.9k $174.9k 0.02% Unchanged
19 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 8,0078.0k $123.8k $123.8k 0.00% Added +1 +1
20 Founders Capital Management 0.06% of their portfolio HOUSTON, TX 5,0005.0k $77.3k $77.3k 0.06% Unchanged
21 AJOVista, LLC 0.06% of their portfolio BOSTON, MA 3,1723.2k $49.0k $49.0k 0.06% First filing
22 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,5001.5k $23.2k $23.2k 0.00% New
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,0871.1k $16.8k $16.8k 0.00% Reduced -55 -55
24 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 318318 $4.9k $4.9k 0.00% Reduced -1.2k -1,246
25 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 297297 $4.6k $4.6k 0.00% Reduced -165 -165
26 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 264264 $4.1k $4.1k 0.00% Unchanged
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 180180 $2.8k $2.8k 0.00% Added +172 +172
28 COMERICA BANK 0.00% of their portfolio DALLAS, TX 113113 $1.7k $1.7k 0.00% Unchanged
29 FMR LLC 0.00% of their portfolio BOSTON, MA 110110 $1.7k $1.7k 0.00% Reduced -61 -61
30 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 44 $62 $62 0.00% New
31 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged