Freedom 100 Emerging Markets ETF
FRDM
112 hedge funds and large institutions have $500M invested in Freedom 100 Emerging Markets ETF in 2024 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 29 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
72% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 29
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
12% more funds holding
Funds holding: 100 → 112 (+12)
2% more capital invested
Capital invested by funds: $489M → $500M (+$10.7M)
1.61% less ownership
Funds ownership: 64.33% → 62.73% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$8.91M |
| 2 |
Jane Street
New York
|
+$6.07M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.25M |
| 4 |
BOC
Bull Oak Capital
San Diego,
California
|
+$4.87M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TWM
Tanglewood Wealth Management
Houston,
Texas
|
-$17.1M |
| 2 |
SAF
Smith Anglin Financial
Dallas,
Texas
|
-$12.5M |
| 3 |
Morgan Stanley
New York
|
-$8.29M |
| 4 |
IDA
Intelligence Driven Advisers
Carlsbad,
California
|
-$4.83M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$4.35M |
FRDM Hedge Fund Activity: Q1 2024 in Review
112 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Freedom 100 Emerging Markets ETF (FRDM) for Q1 2024, worth a combined $500M — up 2.2% from $489M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FRDM positions and 9 closed out — a net gain of 13 holders — while 50 added to existing stakes and 29 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $8.91M. The largest seller was Tanglewood Wealth Management, exiting entirely with an estimated $17.1M sold.
- 112 institutional investors held Freedom 100 Emerging Markets ETF (FRDM) as of Q1 2024, up from 100 in Q4 2023.
- Funds reported $500M of Freedom 100 Emerging Markets ETF stock for Q1 2024, up 2.2% quarter-over-quarter.
- 22 funds opened new Freedom 100 Emerging Markets ETF positions in Q1 2024 and 9 closed out, a net change of +13 holders.
- The largest Freedom 100 Emerging Markets ETF buyer in Q1 2024 was Janney Montgomery Scott, an estimated $8.91M added.
- The largest Freedom 100 Emerging Markets ETF seller in Q1 2024 was Tanglewood Wealth Management, an estimated $17.1M sold.
Based on aggregated 13F filings for Q1 2024.