Freedom Holding
FRHC
119 hedge funds and large institutions have $314M invested in Freedom Holding in 2025 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 36 increasing their positions, 31 reducing their positions, and 17 closing their positions.
147% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 17
96% more capital invested
Capital invested by funds: $160M → $314M (+$154M)
25% more funds holding
Funds holding: 95 → 119 (+24)
16% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 31
1.52% more ownership
Funds ownership: 2% → 3.52% (+1.5%)
74% less call options, than puts
Call options by funds: $3.98M | Put options by funds: $15.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$65.5M |
| 2 |
State Street
Boston,
Massachusetts
|
+$20.4M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$15.7M |
| 4 |
Morgan Stanley
New York
|
+$11.7M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$8.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$8.09M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.7M |
| 3 |
D.E. Shaw & Co
New York
|
-$6.81M |
| 4 |
HF
HRT Financial
New York
|
-$4.84M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$2.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RAM
126
Resona Asset Management
Koto-Ku,tokyo,
Japan
| – | -$436K | -3,301 | Closed |
|
|
BHCM
127
Brevan Howard Capital Management
St. Helier,
Jersey
| – | -$416K | -3,149 | Closed |
|
|
CM
128
Capula Management
Grand Cayman,
Cayman Islands
| – | -$369K | -2,791 | Closed |
|
|
SRL
129
Scientech Research LLC
Jersey City,
New Jersey
| – | -$256K | -1,937 | Closed |
|
|
VA
130
Vident Advisory
Alpharetta,
Georgia
| – | -$248K | -1,874 | Closed |
|
|
VF
131
Virtu Financial
New York
| – | -$219K | -1,658 | Closed |
|
|
AG
132
Algert Global
San Francisco,
California
| – | -$218K | -1,650 | Closed |
|
|
TC
133
TwinBeech Capital
Purchase,
New York
| – | -$204K | -1,547 | Closed |
|
134
Twin Tree Management
Dallas,
Texas
| – | -$29.2K | -221 | Closed |
|
|
QCG
135
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$8.59K | -65 | Closed |
|
|
BFS
136
Bare Financial Services
Gap,
Pennsylvania
| – | -$529 | -4 | Closed |
|
FRHC Hedge Fund Activity: Q2 2025 in Review
119 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Freedom Holding (FRHC) for Q2 2025, worth a combined $314M — up 96% from $160M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new FRHC positions and 17 closed out — a net gain of 25 holders — while 36 added to existing stakes and 31 trimmed.
The largest buyer was BlackRock, adding an estimated $65.5M. The largest seller was Goldman Sachs, cutting an estimated $8.09M.
- 119 institutional investors held Freedom Holding (FRHC) as of Q2 2025, up from 95 in Q1 2025.
- Funds reported $314M of Freedom Holding stock for Q2 2025, up 96% quarter-over-quarter.
- 42 funds opened new Freedom Holding positions in Q2 2025 and 17 closed out, a net change of +25 holders.
- The largest Freedom Holding buyer in Q2 2025 was BlackRock, an estimated $65.5M added.
- The largest Freedom Holding seller in Q2 2025 was Goldman Sachs, an estimated $8.09M sold.
Based on aggregated 13F filings for Q2 2025.