Freedom 100 Emerging Markets ETF
FRDM
100 hedge funds and large institutions have $489M invested in Freedom 100 Emerging Markets ETF in 2023 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 49 increasing their positions, 17 reducing their positions, and 7 closing their positions.
271% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 7
188% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 17
30% more capital invested
Capital invested by funds: $377M → $489M (+$112M)
22% more funds holding
Funds holding: 82 → 100 (+18)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2.49% more ownership
Funds ownership: 61.84% → 64.33% (+2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$12.6M |
| 2 |
Jane Street
New York
|
+$9.25M |
| 3 |
Morgan Stanley
New York
|
+$7.24M |
| 4 |
HCA
Heck Capital Advisors
Rhinelander,
Wisconsin
|
+$6.4M |
| 5 |
TWM
Tanglewood Wealth Management
Houston,
Texas
|
+$3.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$7.77M |
| 2 |
IDA
Intelligence Driven Advisers
Carlsbad,
California
|
-$6.24M |
| 3 |
BOC
Bull Oak Capital
San Diego,
California
|
-$5.32M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$2.05M |
| 5 |
SEA
Stegent Equity Advisors
Houston,
Texas
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Stifel Financial
St. Louis,
Missouri
| – | -$2.05M | -72,509 | Closed |
|
|
EF
102
Empirical Finance
Havertown,
Pennsylvania
| – | -$254K | -8,963 | Closed |
|
|
SFC
103
Strategic Financial Concepts
San Antonio,
Texas
| – | -$206K | -7,287 | Closed |
|
|
GRP
104
Global Retirement Partners
San Rafael,
California
| – | -$31.2K | -1,122 | Closed |
|
|
RDFA
105
Ritter Daniher Financial Advisory
Cincinnati,
Ohio
| – | -$16.9K | -596 | Closed |
|
|
YAL
106
Your Advocates Ltd
Houston,
Texas
| – | -$9.74K | -344 | Closed |
|
|
JWA
107
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$3.12K | -110 | Closed |
|
FRDM Hedge Fund Activity: Q4 2023 in Review
100 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Freedom 100 Emerging Markets ETF (FRDM) for Q4 2023, worth a combined $489M — up 30% from $377M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FRDM positions and 7 closed out — a net gain of 19 holders — while 49 added to existing stakes and 17 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $12.6M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $7.77M.
- 100 institutional investors held Freedom 100 Emerging Markets ETF (FRDM) as of Q4 2023, up from 82 in Q3 2023.
- Funds reported $489M of Freedom 100 Emerging Markets ETF stock for Q4 2023, up 30% quarter-over-quarter.
- 26 funds opened new Freedom 100 Emerging Markets ETF positions in Q4 2023 and 7 closed out, a net change of +19 holders.
- The largest Freedom 100 Emerging Markets ETF buyer in Q4 2023 was Northwestern Mutual Wealth Management, an estimated $12.6M added.
- The largest Freedom 100 Emerging Markets ETF seller in Q4 2023 was Thrivent Financial for Lutherans, an estimated $7.77M sold.
Based on aggregated 13F filings for Q4 2023.