Freedom 100 Emerging Markets ETF
FRDM
163 hedge funds and large institutions have $857M invested in Freedom 100 Emerging Markets ETF in 2025 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 79 increasing their positions, 38 reducing their positions, and 7 closing their positions.
501% more capital inflows, than outflows
Capital inflows: $221M | Capital outflows: $36.8M
300% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 7
108% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 38
88% more funds holding in top 10
Funds holding in top 10: 8 → 15 (+7)
13% more funds holding
Funds holding: 144 → 163 (+19)
7.01% more ownership
Funds ownership: 64.52% → 71.53% (+7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ellevest Inc
New York
|
+$34.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$32.7M |
| 3 |
INVST
Indianapolis,
Indiana
|
+$13.8M |
| 4 |
Tanglewood Wealth Management
Houston,
Texas
|
+$13.5M |
| 5 |
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$19.3M |
| 2 |
Frontier Asset Management
Sheridan,
Wyoming
|
-$2.73M |
| 3 |
Morgan Stanley
New York
|
-$2.15M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.11M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.11M |
FRDM Hedge Fund Activity: Q2 2025 in Review
163 of the 7,623 institutional investors tracked by Wall St. Rank reported a position in Freedom 100 Emerging Markets ETF (FRDM) for Q2 2025, worth a combined $857M — up 50% from $573M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FRDM positions and 7 closed out — a net gain of 21 holders — while 79 added to existing stakes and 38 trimmed.
The largest buyer was Ellevest Inc, adding an estimated $34.8M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $19.3M.
- 163 institutional investors held Freedom 100 Emerging Markets ETF (FRDM) as of Q2 2025, up from 144 in Q1 2025.
- Funds reported $857M of Freedom 100 Emerging Markets ETF stock for Q2 2025, up 50% quarter-over-quarter.
- 28 funds opened new Freedom 100 Emerging Markets ETF positions in Q2 2025 and 7 closed out, a net change of +21 holders.
- The largest Freedom 100 Emerging Markets ETF buyer in Q2 2025 was Ellevest Inc, an estimated $34.8M added.
- The largest Freedom 100 Emerging Markets ETF seller in Q2 2025 was Thrivent Financial for Lutherans, an estimated $19.3M sold.
Based on aggregated 13F filings for Q2 2025.