Friedman Industries, Incorporated
US ˙ NasdaqGS ˙ US3584351056

SecurityFRD / Friedman Industries, Incorporated
InstitutionRBF Capital, LLC
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
RBF Capital, LLC closes position in FRD / Friedman Industries, Incorporated

On November 14, 2025 - RBF Capital, LLC filed a 13F-HR form disclosing ownership of 0 shares of Friedman Industries, Incorporated (US:FRD) valued at $0 USD as of September 30, 2025. The entity filed a previous 13F-HR on August 14, 2025 disclosing 12,100 shares of Friedman Industries, Incorporated. This represents a change in shares of -100.00% during the quarter. The current value of the position is $0 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2025-11-14 2025-09-30 13F FRIEDMAN INDS COM 358435105 0 -12,100 -100.00 0 -100.00
2025-08-14 2025-06-30 13F FRIEDMAN INDS COM 358435105 12,100 -1,300 -9.70 200 0.50 0.0095
2025-05-15 2025-03-31 13F FRIEDMAN INDS COM 358435105 13,400 0 0.00 200 -2.45 0.0120
2025-02-14 2024-12-31 13F FRIEDMAN INDS COM 358435105 13,400 -1,049 -7.26 205 -11.69 0.0106
2024-11-14 2024-09-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 231 5.96 0.0116
2024-08-14 2024-06-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 218 -19.26 0.0125
2024-05-15 2024-03-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 271 21.08 0.0151
2024-02-14 2023-12-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 223 15.54 0.0135
2023-11-14 2023-09-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 194 6.04 0.0127
2023-08-14 2023-06-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 182 11.66 0.0113
2023-05-16 2023-03-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 164 15.60 0.0119
2023-02-14 2022-12-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 141 36.89 0.0106
2022-11-14 2022-09-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 103 -12.71 0.0087
2022-08-15 2022-06-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 118 -8.53 0.0082
2022-05-16 2022-03-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 129 -5.15 0.0082
2022-02-14 2021-12-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 136 -20.93 0.0084
2021-11-15 2021-09-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 172 -11.34 0.0096
2021-08-16 2021-06-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 194 65.81 0.0108
2021-05-17 2021-03-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 117 18.18 0.0073
2021-03-02 2020-12-31 13F/A-1 FRIEDMAN INDS COM 358435105 14,449 0 0.00 99 17.86 0.0076
2020-11-16 2020-09-30 13F/A-1 FRIEDMAN INDS COM 358435105 14,449 0 0.00 84 15.07 0.0085
2020-08-14 2020-06-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 73 14.06 0.0079
2020-05-18 2020-03-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 64 -26.44 0.0084
2020-02-13 2019-12-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 87 -7.45 0.0083
2019-11-13 2019-09-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 94 -6.93 0.0105
2019-08-13 2019-06-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 101 -9.01 0.0102
2019-05-15 2019-03-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 111 8.82 0.0130
2019-02-14 2018-12-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 102 -25.00 0.0133
2018-11-14 2018-09-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 136 16.24 0.0147
2018-08-14 2018-06-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 117 37.65 0.0138
2018-05-15 2018-03-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 85 3.66 0.0101
2018-02-14 2017-12-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 82 -7.87 0.0090
2017-11-14 2017-09-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 89 8.54 0.0113
2017-08-14 2017-06-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 82 -11.83 0.0108
2017-05-15 2017-03-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 93 -3.12 0.0127
2017-02-14 2016-12-31 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 96 23.08 0.0137
2016-11-14 2016-09-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 78 -7.14 0.0134
2016-08-15 2016-06-30 13F FRIEDMAN INDS COM 358435105 14,449 0 0.00 84 7.69 0.0167
2016-05-16 2016-03-31 13F FRIEDMAN INDS INC CMN Common Stock 358435105 14,449 0 0.00 78 -2.50 0.0149
2016-02-16 2015-12-31 13F FRIEDMAN INDS INC CMN Common Stock 358435105 14,449 0 0.00 80 -8.05 0.0150
2015-11-16 2015-09-30 13F FRIEDMAN INDS INC CMN Common Stock 358435105 14,449 0 0.00 87 -3.33 0.0181
2015-08-14 2015-06-30 13F FRIEDMAN INDS INC CMN Common Stock 358435105 14,449 14,449 90 0.0170
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.