Friedman Industries

FRD • AMEX

Friedman Industries is a steel company in the basic materials sector on AMEX, led by Michael J. Taylor, with a market cap of $145.2M. As of Q3 2025, 54% of shares are held by 62 institutional investors, with DIMENSIONAL FUND ADVISORS LP as the largest holder at 7.72%.

President and Chief Executive OfficerMichael J. Taylor

Market Cap$145.2M

Steel

Basic Materials

Employees268.0

Websitefriedmanindustries.com

Country

United States of America

Overview

Overview of institutional ownership in FRD as of Q3 2025 with a market cap of $154.6M

All Institutions

Institutions: 62
Value Held: $82.8M
Shares Held: 3.8M
Avg Position: $1.3M
Median Position: $235.2K

Hedge Funds

Hedge Funds: 3
Value Held: $10.7M
Shares Held: 490.9K
Avg Position: $3.6M
Median Position: $3.3M

Ownership Breakdown

Institutional (non-HF)

46.62%

$72.1M

Hedge Funds

6.95%

$10.7M

Retail & Other

46.42%

$71.8M

Based on market cap of $154.6M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in FRD as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$11.9M 0.00% of portfolio	7.72% 545.0K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
D De Lisle Partners LLP Institution	-	$9.2M 1.13% of portfolio	5.95% 419.8K shares	Q1 2024 Held for 1y 8m	$815.6M
VANGUARD GROUP INC Institution	Salim Ramji CEO	$7.9M 0.00% of portfolio	5.12% 361.4K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
G GENDELL JEFFREY L Institution	-	$7.8M 0.14% of portfolio	5.02% 354.6K shares	Q1 2022 Held for 3y 8m	$5.5B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$7.2M 0.01% of portfolio	4.67% 329.9K shares	≤ Q2 2013 Held for 12y 5m+	$75.8B
B BlackRock, Inc. Institution	-	$7.0M 0.00% of portfolio	4.52% 319.0K shares	Q1 2017 Held for 8y 8m	$5.67T
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$3.5M 0.00% of portfolio	2.23% 157.6K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
M Mink Brook Asset Management LLC Institution	-	$3.3M 2.29% of portfolio	2.14% 151.2K shares	Q4 2024 Held for 11 months	$144.8M
T Truffle Hound Capital, LLC Hedge Fund•Long/Short	Stephen Raymond Bauer CEO	$3.3M 2.64% of portfolio	2.12% 150.0K shares	Q1 2025 Held for 8 months	$124.6M
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	John Noland Ryan Montgomery CEO	$3.0M 0.06% of portfolio	1.93% 136.0K shares	≤ Q2 2013 Held for 12y 5m+	$4.7B

Net Capital Flow

Institutional buying and selling activity for FRD in Q3 2025

Traded: +$2.1M
Buyers: 34
Sellers: 22
Total Bought: +$5.1M
Total Sold: −$3.0M
Avg Position: $1.2M

Biggest Buyers

Institution	Net Bought	Current Position
B BlackRock, Inc. Institution	+$1.4M +62.0K shares	$7.0M 319.0K shares
EAM Investors, LLC Long Only Manager	+$749.3K +34.2K shares	$749.3K 34.2K shares
SEGALL BRYANT & HAMILL Long Only Manager	+$594.7K +27.2K shares	$594.7K 27.2K shares
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Long Only Manager	+$393.2K +18.0K shares	$1.3M 60.0K shares
Comprehensive Portfolio Management, LLC RIA/Wealth	+$329.3K +15.0K shares	$797.0K 36.4K shares
BAILARD, INC. RIA/Wealth	+$278.1K +12.7K shares	$278.1K 12.7K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$241.2K +11.0K shares	$241.2K 11.0K shares
Goss Wealth Management LLC RIA/Wealth	+$227.6K +10.4K shares	$229.2K 10.5K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	+$148.9K +6.8K shares	$148.9K 6.8K shares
Hillsdale Investment Management Inc. Long Only Manager	+$123.1K +5.6K shares	$123.1K 5.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
M Mink Brook Asset Management LLC Institution	−$1.0M −47.9K shares	$3.3M 151.2K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	−$303.7K −13.9K shares	$3.0M 136.0K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	−$266.8K −12.2K shares	$2.6M 116.8K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$203.5K −12.3K shares	Sold Off 0 shares
R RBF Capital, LLC Institution	−$200.4K −12.1K shares	Sold Off 0 shares
Inspire Advisors, LLC RIA/Wealth	−$182.2K −8.3K shares	$299.1K 13.7K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$175.8K −8.0K shares	$11.9M 545.0K shares
Callahan Advisors, LLC RIA/Wealth	−$128.8K −5.9K shares	$955.1K 43.6K shares
NORTHERN TRUST CORP Institution	−$127.1K −5.8K shares	$1.2M 56.6K shares
MORGAN STANLEY RIA/Wealth	−$101.4K −4.6K shares	$2.1M 95.7K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited FRD in Q3 2025

New Positions: 10
New Value: $1.2M
Exited Positions: 6
Exited Value: $475.8K

New Positions

Institution	Position Value
SEGALL BRYANT & HAMILL Long Only Manager	$594.7K 27.2K shares
BAILARD, INC. RIA/Wealth	$278.1K 12.7K shares
S Squarepoint Ops LLC Hedge Fund•Quant	$241.2K 11.0K shares
MetLife Investment Advisors, LLC Insurance Manager	$90.8K 4.1K shares
R Russell Investments Group, Ltd. RIA/Wealth	$15.5K 709.0 shares
C Covestor Ltd Institution	$1.0K 22.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$306.0 14.0 shares
E EverSource Wealth Advisors, LLC RIA/Wealth	$109.0 5.0 shares
Hanson McClain, Inc. RIA/Wealth	$66.0 3.0 shares
CWM, LLC RIA/Wealth	- 21.0 shares

Exited Positions

Institution	Previous Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$203.5K 12.3K shares
R RBF Capital, LLC Institution	$200.4K 12.1K shares
HHM Wealth Advisors, LLC RIA/Wealth	$61.3K 3.7K shares
A Advisor Group Holdings, Inc. Institution	$6.0K 360.0 shares
Truvestments Capital LLC RIA/Wealth	$2.6K 158.0 shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$2.0K 123.0 shares

Options Activity

Institutions with the largest Call and Put options positions in FRD as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with FRD as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
T Truffle Hound Capital, LLC Hedge Fund•Long/Short	Stephen Raymond Bauer CEO	2.64% $3.3M	2.12% 150.0K shares	Q1 2025 Held for 8 months	$124.6M
M Mink Brook Asset Management LLC Institution	-	2.29% $3.3M	2.14% 151.2K shares	Q4 2024 Held for 11 months	$144.8M
D De Lisle Partners LLP Institution	-	1.13% $9.2M	5.95% 419.8K shares	Q1 2024 Held for 1y 8m	$815.6M
G GENDELL JEFFREY L Institution	-	0.14% $7.8M	5.02% 354.6K shares	Q1 2022 Held for 3y 8m	$5.5B
EAM Investors, LLC Long Only Manager	Derek John Gaertner CEO	0.09% $749.3K	0.48% 34.2K shares	Q3 2025 Held for 2 months	$873.4M
Callahan Advisors, LLC RIA/Wealth	David Bruce Shepard President	0.08% $955.1K	0.62% 43.6K shares	Q3 2015 Held for 10y 2m	$1.2B
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	John Noland Ryan Montgomery CEO	0.06% $3.0M	1.93% 136.0K shares	≤ Q2 2013 Held for 12y 5m+	$4.7B
Founders Capital Management RIA/Wealth	James Lincoln Walter President	0.06% $109.5K	0.07% 5.0K shares	Q4 2020 Held for 4y 11m	$188.8M
Inspire Advisors, LLC RIA/Wealth	Andrew Jackson Armstrong Managing Partner	0.03% $299.1K	0.19% 13.7K shares	Q4 2024 Held for 11 months	$1.0B
Comprehensive Portfolio Management, LLC RIA/Wealth	William James Artzerounian Managing Partner	0.02% $797.0K	0.52% 36.4K shares	Q1 2024 Held for 1y 8m	$5.1B