Freedom 100 Emerging Markets ETF
FRDM
123 hedge funds and large institutions have $728M invested in Freedom 100 Emerging Markets ETF in 2024 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 51 increasing their positions, 36 reducing their positions, and 12 closing their positions.
52% more capital invested
Capital invested by funds: $478M → $728M (+$250M)
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
42% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 36
8.19% more ownership
Funds ownership: 59.45% → 67.64% (+8.2%)
4% more funds holding
Funds holding: 118 → 123 (+5)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TWM
Tanglewood Wealth Management
Houston,
Texas
|
+$31M |
| 2 |
WJA
Willis Johnson & Associates
Houston,
Texas
|
+$30.8M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$29M |
| 4 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
+$2.2M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$5.58M |
| 2 |
Jane Street
New York
|
-$5.38M |
| 3 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$3.61M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$3.42M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$3.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
126
Discovery Capital Management
South Norwalk,
Connecticut
| – | -$1.14M | -32,232 | Closed |
|
|
PFS
127
Prospera Financial Services
Dallas,
Texas
| – | -$1.04M | -29,497 | Closed |
|
|
FTUS
128
Flow Traders U.S.
New York
| – | -$489K | -13,851 | Closed |
|
129
Bank of New York Mellon
New York
| – | -$336K | -9,507 | Closed |
|
130
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$263K | -7,434 | Closed |
|
131
Citadel Advisors
Miami,
Florida
| – | -$234K | -6,637 | Closed |
|
132
Bessemer Group
Woodbridge,
New Jersey
| – | -$53K | -1,500 | Closed |
|
|
FFA
133
Farther Finance Advisors
San Francisco,
California
| – | -$5.15K | -146 | Closed |
|
134
Bank of America
Charlotte,
North Carolina
| – | -$35 | -1 | Closed |
|
FRDM Hedge Fund Activity: Q3 2024 in Review
123 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Freedom 100 Emerging Markets ETF (FRDM) for Q3 2024, worth a combined $728M — up 52% from $478M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FRDM positions and 12 closed out — a net gain of 6 holders — while 51 added to existing stakes and 36 trimmed.
The largest buyer was Tanglewood Wealth Management, opening a new position worth an estimated $31M. The largest seller was Old Mission Capital, exiting entirely with an estimated $5.58M sold.
- 123 institutional investors held Freedom 100 Emerging Markets ETF (FRDM) as of Q3 2024, up from 118 in Q2 2024.
- Funds reported $728M of Freedom 100 Emerging Markets ETF stock for Q3 2024, up 52% quarter-over-quarter.
- 18 funds opened new Freedom 100 Emerging Markets ETF positions in Q3 2024 and 12 closed out, a net change of +6 holders.
- The largest Freedom 100 Emerging Markets ETF buyer in Q3 2024 was Tanglewood Wealth Management, an estimated $31M added.
- The largest Freedom 100 Emerging Markets ETF seller in Q3 2024 was Old Mission Capital, an estimated $5.58M sold.
Based on aggregated 13F filings for Q3 2024.