Freedom 100 Emerging Markets ETF
FRDM
76 hedge funds and large institutions have $358M invested in Freedom 100 Emerging Markets ETF in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 38 increasing their positions, 19 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
100% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 19
39% more capital invested
Capital invested by funds: $257M → $358M (+$101M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more funds holding
Funds holding: 69 → 76 (+7)
1.27% more ownership
Funds ownership: 61.82% → 63.09% (+1.3%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IDA
Intelligence Driven Advisers
Carlsbad,
California
|
+$24.6M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$20.1M |
| 3 |
SAF
Smith Anglin Financial
Dallas,
Texas
|
+$14.4M |
| 4 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
+$3.88M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$3.07M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.5M |
| 3 |
Jane Street
New York
|
-$736K |
| 4 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$581K |
| 5 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
-$309K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fidelity Investments
Boston,
Massachusetts
| $31 | -$2.12K | -70 | -99% |
|
|
PTC
77
Private Trust Company
Cleveland,
Ohio
| – | -$46.8K | -1,591 | Closed |
|
|
RTL
78
Red Tortoise LLC
Atlanta,
Georgia
| – | -$25K | -826 | Closed |
|
79
UBS Group
Zurich,
Switzerland
| – | -$4.29K | -146 | Closed |
|
|
EI
80
Ellevest Inc
New York
| – | -$394 | -13 | Closed |
|
FRDM Hedge Fund Activity: Q2 2023 in Review
76 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Freedom 100 Emerging Markets ETF (FRDM) for Q2 2023, worth a combined $358M — up 39% from $257M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FRDM positions and 4 closed out — a net gain of 7 holders — while 38 added to existing stakes and 19 trimmed.
The largest buyer was Intelligence Driven Advisers, opening a new position worth an estimated $24.6M. The largest seller was Old Mission Capital, cutting an estimated $3.07M.
- 76 institutional investors held Freedom 100 Emerging Markets ETF (FRDM) as of Q2 2023, up from 69 in Q1 2023.
- Funds reported $358M of Freedom 100 Emerging Markets ETF stock for Q2 2023, up 39% quarter-over-quarter.
- 11 funds opened new Freedom 100 Emerging Markets ETF positions in Q2 2023 and 4 closed out, a net change of +7 holders.
- The largest Freedom 100 Emerging Markets ETF buyer in Q2 2023 was Intelligence Driven Advisers, an estimated $24.6M added.
- The largest Freedom 100 Emerging Markets ETF seller in Q2 2023 was Old Mission Capital, an estimated $3.07M sold.
Based on aggregated 13F filings for Q2 2023.