Freedom Holding
FRHC
32 hedge funds and large institutions have $36.9M invested in Freedom Holding in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
55% more capital invested
Capital invested by funds: $23.7M → $36.9M (+$13.1M)
19% more funds holding
Funds holding: 27 → 32 (+5)
0.53% more ownership
Funds ownership: 2.18% → 2.7% (+0.53%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$4.22M |
| 2 |
VI
Vestcor Inc
Fredericton,
New Brunswick, Canada
|
+$809K |
| 3 |
D.E. Shaw & Co
New York
|
+$564K |
| 4 |
Two Sigma Advisers
New York
|
+$441K |
| 5 |
BlackRock
New York
|
+$391K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$359K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$358K |
| 3 |
Jane Street
New York
|
-$315K |
| 4 |
Goldman Sachs
New York
|
-$245K |
| 5 |
Millennium Management
New York
|
-$70.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AS
26
Altshuler Shaham
Tel Aviv,
Israel
| $22K | -$8.81K | -408 | -31% |
|
27
Legal & General Group
London,
United Kingdom
| $19K | +$16.9K | +780 | New |
|
|
DWA
28
Dorsey Wright & Associates
Pasadena,
California
| $10K | -$2.92K | -135 | -25% |
|
29
UBS Group
Zurich,
Switzerland
| $9K | -$994 | -46 | -11% |
|
30
Citigroup
New York
| $4K | -$58.9K | -2,725 | -94% |
|
|
31
Millennium Management
New York
| $959 | -$70.7K | -3,271 | -8% |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$358K | -19,143 | Closed |
|
|
33
Jane Street
New York
| – | -$315K | -16,861 | Closed |
|
34
US Bancorp
Minneapolis,
Minnesota
| – | -$56K | -2,999 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$21K | -1,117 | Closed |
|
36
JP Morgan Chase
New York
| – | +$43 | +2 | +100% |
|
FRHC Hedge Fund Activity: Q3 2020 in Review
32 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Freedom Holding (FRHC) for Q3 2020, worth a combined $36.9M — up 55% from $23.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FRHC positions and 4 closed out — a net gain of 5 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $4.22M. The largest seller was Northern Trust, cutting an estimated $359K.
- 32 institutional investors held Freedom Holding (FRHC) as of Q3 2020, up from 27 in Q2 2020.
- Funds reported $36.9M of Freedom Holding stock for Q3 2020, up 55% quarter-over-quarter.
- 9 funds opened new Freedom Holding positions in Q3 2020 and 4 closed out, a net change of +5 holders.
- The largest Freedom Holding buyer in Q3 2020 was Renaissance Technologies, an estimated $4.22M added.
- The largest Freedom Holding seller in Q3 2020 was Northern Trust, an estimated $359K sold.
Based on aggregated 13F filings for Q3 2020.