Freedom 100 Emerging Markets ETF
FRDM
231 hedge funds and large institutions have $1.41B invested in Freedom 100 Emerging Markets ETF in 2025 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 107 increasing their positions, 45 reducing their positions, and 6 closing their positions.
750% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 6
138% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 45
39% more capital invested
Capital invested by funds: $1.01B → $1.41B (+$399M)
33% more funds holding in top 10
Funds holding in top 10: 18 → 24 (+6)
24% more funds holding
Funds holding: 187 → 231 (+44)
3.62% more ownership
Funds ownership: 71.91% → 75.53% (+3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$79.6M |
| 2 |
EW
Enzi Wealth
Austin,
Texas
|
+$13M |
| 3 |
Jane Street
New York
|
+$11.9M |
| 4 |
WWA
WCG Wealth Advisors
Las Vegas,
Nevada
|
+$8.94M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$6.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$12.2M |
| 2 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$6.97M |
| 3 |
FF
Fortitude Financial
Spokane,
Washington
|
-$4.63M |
| 4 |
T
Tableaux
Stockbridge,
Massachusetts
|
-$4.56M |
| 5 |
IDA
Intelligence Driven Advisers
Carlsbad,
California
|
-$2.9M |
FRDM Hedge Fund Activity: Q4 2025 in Review
231 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Freedom 100 Emerging Markets ETF (FRDM) for Q4 2025, worth a combined $1.41B — up 39% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new FRDM positions and 6 closed out — a net gain of 45 holders — while 107 added to existing stakes and 45 trimmed.
The largest buyer was Mainstay Capital Management, opening a new position worth an estimated $79.6M. The largest seller was Envestnet Asset Management, cutting an estimated $12.2M.
- 231 institutional investors held Freedom 100 Emerging Markets ETF (FRDM) as of Q4 2025, up from 187 in Q3 2025.
- Funds reported $1.41B of Freedom 100 Emerging Markets ETF stock for Q4 2025, up 39% quarter-over-quarter.
- 51 funds opened new Freedom 100 Emerging Markets ETF positions in Q4 2025 and 6 closed out, a net change of +45 holders.
- The largest Freedom 100 Emerging Markets ETF buyer in Q4 2025 was Mainstay Capital Management, an estimated $79.6M added.
- The largest Freedom 100 Emerging Markets ETF seller in Q4 2025 was Envestnet Asset Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q4 2025.