The Free Markets ETF
FMKT
11 hedge funds and large institutions have $6.34M invested in The Free Markets ETF in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
38% more funds holding
Funds holding: 8 → 11 (+3)
59% less capital invested
Capital invested by funds: $15.4M → $6.34M (-$9.11M)
66.12% less ownership
Funds ownership: 99.89% → 33.77% (-66%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
New York
|
+$1.26M |
| 2 |
SEA
Stegent Equity Advisors
Houston,
Texas
|
+$1.19M |
| 3 |
AWA
Authentikos Wealth Advisory
Morgan Hill,
California
|
+$1.04M |
| 4 |
BIG
Brookwood Investment Group
Phoenix,
Arizona
|
+$30.5K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$9.71K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Natural Investments
Windsor,
California
|
-$10.7M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$1.56M |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$11.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWA
1
Authentikos Wealth Advisory
Morgan Hill,
California
| $2.05M | +$1.04M | +45,656 | +92% |
|
|
GS
2
GTS Securities
New York
| $1.59M | +$1.26M | +55,431 | +306% |
|
|
SEA
3
Stegent Equity Advisors
Houston,
Texas
| $1.13M | +$1.19M | +52,244 | New |
|
|
NA
4
NewEdge Advisors
New Orleans,
Louisiana
| $963K | -$1.56M | -68,378 | -61% |
|
|
BIG
5
Brookwood Investment Group
Phoenix,
Arizona
| $472K | +$30.5K | +1,337 | +7% |
|
|
OCM
6
Osbon Capital Management
Boston,
Massachusetts
| $88.1K | +$93K | +4,084 | New |
|
|
7
Bank of Montreal
Toronto,
Ontario, Canada
| $36.1K | +$9.71K | +426 | +34% |
|
8
UBS Group
Zurich,
Switzerland
| $8.24K | +$8.7K | +382 | New |
|
|
IBOK
9
Independence Bank of Kentucky
Owensboro,
Kentucky
| $2.16K | +$2.28K | +100 | New |
|
|
SPIA
10
Steward Partners Investment Advisory
New York
| $432 | – | – | – |
|
11
Morgan Stanley
New York
| $43 | +$46 | +2 | New |
|
|
NI
12
Natural Investments
Windsor,
California
| – | -$10.7M | -526,223 | Closed |
|
|
ASN
13
Advisory Services Network
Atlanta,
Georgia
| – | -$11.7K | -500 | Closed |
|
FMKT Hedge Fund Activity: Q4 2025 in Review
11 of the 8,224 institutional investors tracked by Wall St. Rank reported a position in The Free Markets ETF (FMKT) for Q4 2025, worth a combined $6.34M — down 59% from $15.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FMKT positions and 2 closed out — a net gain of 3 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was GTS Securities, adding an estimated $1.26M. The largest seller was Natural Investments, exiting entirely with an estimated $10.7M sold.
- 11 institutional investors held The Free Markets ETF (FMKT) as of Q4 2025, up from 8 in Q3 2025.
- Funds reported $6.34M of The Free Markets ETF stock for Q4 2025, down 59% quarter-over-quarter.
- 5 funds opened new The Free Markets ETF positions in Q4 2025 and 2 closed out, a net change of +3 holders.
- The largest The Free Markets ETF buyer in Q4 2025 was GTS Securities, an estimated $1.26M added.
- The largest The Free Markets ETF seller in Q4 2025 was Natural Investments, an estimated $10.7M sold.
Based on aggregated 13F filings for Q4 2025.