FRIEDMAN INDS INC FRD
COM · Common Stock · CUSIP 358435105
- SectorMaterials
- IndustrySteel Works, Blast Furnaces & Rolling & Finishing Mills
- HeadquartersLongview, TX
- 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 ($1.6m this quarter). Holder counts are more reliable. Shares outstanding: 7.2m as of 2026-08-06, 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 ≈ $32.16.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 21 |
| Q4 2022 | 25 |
| Q1 2023 | 25 |
| Q2 2023 | 30 |
| Q3 2023 | 33 |
| Q4 2023 | 31 |
| Q1 2024 | 39 |
| Q2 2024 | 41 |
| Q3 2024 | 38 |
| Q4 2024 | 42 |
| Q1 2025 | 45 |
| Q2 2025 | 55 |
| Q3 2025 | 65 |
| Q4 2025 | 58 |
| Q1 2026 | 67 |
| Q2 2026 | 82 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 14 | 16 |
| Q4 2024 | 15 | 12 |
| Q1 2025 | 16 | 16 |
| Q2 2025 | 35 | 16 |
| Q3 2025 | 34 | 24 |
| Q4 2025 | 25 | 27 |
| Q1 2026 | 32 | 20 |
| Q2 2026 | 45 | 30 |
Biggest buyers
| BlackRock, Inc. | Added | +66.4k |
| Informed Momentum Co LLC | New | +31.0k |
| Walleye Capital LLC | New | +26.0k |
| GOLDMAN SACHS GROUP INC | Added | +22.9k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +22.5k |
| Quadrature Capital Ltd | New | +22.3k |
| SEI INVESTMENTS CO | New | +19.4k |
| BANK OF AMERICA CORP /DE/ | Added | +19.0k |
| Arax Advisory Partners | New | +17.2k |
| VANGUARD CAPITAL MANAGEMENT LLC | Added | +17.2k |
Biggest sellers
| Mink Brook Asset Management LLC | Reduced | -78.7k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Reduced | -34.1k |
| Truffle Hound Capital, LLC | Reduced | -33.4k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -33.4k |
| Corient Private Wealth LP | Sold out | -26.3k |
| Callahan Advisors, LLC | Reduced | -20.7k |
| De Lisle Partners LLP | Reduced | -15.0k |
| LSV ASSET MANAGEMENT | Sold out | -9.8k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | Reduced | -8.8k |
| CITADEL ADVISORS LLC | Reduced | -7.8k |
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 |
|---|---|
| De Lisle Partners LLP 13G · institution -0.1 pts · filed 2026-02-11 | 5.9% |
| BlackRock, Inc. 13G · institution new · filed 2026-07-28 | 5.6% |
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 since 1 Apr 2026
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 |
|---|---|---|---|---|---|
| Q4 2024 | 3 | $64.1k | 0 | — | — |
| Q1 2025 | 3 | $121.6k | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 2 | $68.3k | 0 | — | — |
| Q1 2026 | 2 | $54.4k | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 543.6k $17.5m | Added +1.9k |
| De Lisle Partners LLP 1.41% of their portfolio | 404.8k $12.9m | Reduced -15.0k |
| BlackRock, Inc. 0.00% of their portfolio | 394.9k $12.7m | Added +66.4k |
| GENDELL JEFFREY L 0.10% of their portfolio | 354.6k $11.4m | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 305.7k $9.8m | Added +17.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 297.9k $9.6m | Reduced -33.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 172.8k $5.6m | Added +13.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 139.7k $4.5m | Added +22.5k |
| Truffle Hound Capital, LLC 2.36% of their portfolio | 116.6k $3.8m | Reduced -33.4k |
| STATE STREET CORP 0.00% of their portfolio | 97.5k $3.1m | Added +14.2k |
| MORGAN STANLEY 0.00% of their portfolio | 91.3k $2.9m | Reduced -5.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 85.8k $2.8m | Reduced -34.1k |
| Mink Brook Asset Management LLC 1.20% of their portfolio | 84.2k $2.7m | Reduced -78.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 61.8k $2.0m | Added +2.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 53.6k $1.7m | Reduced -3.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 49.6k $1.6m | Added +22.9k |
| Empowered Funds, LLC 0.01% of their portfolio | 47.9k $1.5m | Added +823 |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 45.9k $1.5m | Added +7.0k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 44.5k $1.4m | Added +2.0k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio | 36.4k $1.2m | Reduced -8.8k |
| Informed Momentum Co LLC 0.09% of their portfolio | 31.0k $998.9k | New |
| Callahan Advisors, LLC 0.07% of their portfolio | 29.8k $959.6k | Reduced -20.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 29.0k $933.9k | Added +19.0k |
| Walleye Capital LLC 0.00% of their portfolio | 26.0k $835.7k | New |
| RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio | 25.7k $826.3k | Reduced -1.5k |
| Quadrature Capital Ltd 0.01% of their portfolio | 22.3k $717.5k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 19.6k $629.7k | Added +2.5k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 19.4k $623.7k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 17.9k $575.3k | Reduced -7.8k |
| Squarepoint Ops LLC 0.00% of their portfolio | 17.6k $567.6k | Reduced -571 |
| Arax Advisory Partners 0.00% of their portfolio | 17.2k $554.6k | New |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 11.7k $377.3k | New |
| LPL Financial LLC 0.00% of their portfolio | 11.5k $370.0k | New |
| Nuveen, LLC 0.00% of their portfolio | 9.6k $309.2k | New |
| 55 North Private Wealth, LLC 0.06% of their portfolio | 8.9k $286.4k | New |
| JUNCTURE WEALTH STRATEGIES, LLC 0.07% of their portfolio | 8.4k $270.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 7.7k $248.0k | Reduced -4.7k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 7.4k $238.1k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 7.3k $234.3k | Reduced -4.9k |
| UBS Group AG 0.00% of their portfolio | 7.3k $234.0k | Reduced -889 |
| Brevan Howard Capital Management LP 0.00% of their portfolio | 6.9k $223.2k | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 6.9k $223.0k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 6.7k $215.3k | Added +3.2k |
| Centiva Capital, LP 0.01% of their portfolio | 6.7k $214.9k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 5.6k $181.3k | Added +4.9k |
| Hillsdale Investment Management Inc. 0.00% of their portfolio | 5.6k $180.9k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 5.1k $165.7k | Reduced -120 |
| Founders Capital Management 0.07% of their portfolio | 5.0k $160.9k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 3.9k $125.3k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.5k $114.4k | Reduced -2.1k |
| BARCLAYS PLC 0.00% of their portfolio | 3.5k $111.7k | Reduced -672 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.2k $103.0k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 3.2k $101.8k | Added +2.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 3.2k $101.5k | Reduced -129 |
| LOM Asset Management Ltd 0.02% of their portfolio | 2.6k $83.6k | Added +500 |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 2.4k $78.3k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.0k $65.0k | Added +711 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.8k $62.3k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 1.8k $57.2k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.1k $34.5k | Reduced -355 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.0k $32.9k | Reduced -919 |
| FMR LLC 0.00% of their portfolio | 904 $29.1k | Reduced -49 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 679 $21.9k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 598 $19.2k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 360 $11.6k | New |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 313 $10.1k | New |
| Sterling Capital Management LLC 0.00% of their portfolio | 138 $4.4k | Reduced -85 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 128 $4.1k | Added +118 |
| Archer Investment Corp 0.00% of their portfolio | 102 $3.3k | Added +52 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 94 $3.0k | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 17 $547 | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 17 $548 | Added +10 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 15 $482 | Added +8 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 14 $451 | Unchanged |
| GAMMA Investing LLC 0.00% of their portfolio | 14 $451 | New |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 12 $385 | New |
| IFP Advisors, Inc 0.00% of their portfolio | 11 $354 | New |
| ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio | 8 $257 | Added +7 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 3 $97 | New |
| Essential Partners LLC 0.00% of their portfolio | 1 $32 | Reduced -43 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 0 $0 | New |
| Kingdom Financial Group LLC. 0.00% of their portfolio | 0 $15 | Unchanged |