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Freedom Holding

95 hedge funds and large institutions have $160M invested in Freedom Holding in 2025 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 35 increasing their positions, 15 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

480% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 5

133% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 15

40% more capital invested

Capital invested by funds: $115M → $160M (+$45.5M)

34% more funds holding

Funds holding: 7195 (+24)

0.55% more ownership

Funds ownership: 1.45%2% (+0.55%)

42% less call options, than puts

Call options by funds: $3.28M | Put options by funds: $5.63M

Holders
95
Holders Change
+24
Holders Change %
+33.8%
% of All Funds
1.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
29
Increased
35
Reduced
15
Closed
5
Calls
$3.28M
Puts
$5.63M
Net Calls
-$2.35M
Net Calls Change
+$6.17M
Name Holding Trade Value Shares
Change
Change in
Stake
Millennium Management
1
Millennium Management
New York
$16.1M +$14.8M +105,641 +648%
BlackRock
2
BlackRock
New York
$10.1M +$1.17M +8,345 +12%
Goldman Sachs
3
Goldman Sachs
New York
$9.92M +$7.14M +51,159 +214%
D.E. Shaw & Co
4
D.E. Shaw & Co
New York
$9.83M +$1.4M +10,019 +16%
HF
5
HRT Financial
New York
$8.94M +$5.53M +39,602 +141%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$7.1M +$7M +50,122 +1,381%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$7.08M -$65.3K -468 -0.9%
State Street
8
State Street
Massachusetts
$6.44M +$13K +93 +0.2%
Morgan Stanley
9
Morgan Stanley
New York
$5.76M +$863K +6,181 +17%
UBS AM
10
UBS AM
Illinois
$4.9M +$527K +3,771 +11%
JP Morgan Chase
11
JP Morgan Chase
New York
$4.72M +$205K +1,470 +4%
Swiss National Bank
12
Swiss National Bank
Switzerland
$4.65M -$97.7K -700 -2%
Vanguard Group
13
Vanguard Group
Pennsylvania
$4.27M +$27.1K +194 +0.6%
BNP Paribas Financial Markets
14
BNP Paribas Financial Markets
France
$3.85M +$2.42M +17,365 +148%
Bank of America
15
Bank of America
North Carolina
$3.73M +$444K +3,181 +13%
HSBC Holdings
16
HSBC Holdings
United Kingdom
$3.65M +$566K +4,054 +17%
Marshall Wace
17
Marshall Wace
United Kingdom
$3.45M -$7.67M -54,942 -68%
Voloridge Investment Management
18
Voloridge Investment Management
Florida
$3.06M +$3.24M +23,187 New
Balyasny Asset Management
19
Balyasny Asset Management
Illinois
$2.96M +$1.5M +10,760 +92%
Northern Trust
20
Northern Trust
Illinois
$2.83M +$11.7K +84 +0.4%
CSS
21
Cubist Systematic Strategies
Connecticut
$2.48M +$2.62M +18,766 New
Legal & General Group
22
Legal & General Group
United Kingdom
$2.24M +$135K +964 +6%
California State Teachers Retirement System (CalSTRS)
23
California State Teachers Retirement System (CalSTRS)
California
$2.18M
Tudor Investment Corp
24
Tudor Investment Corp
Connecticut
$1.89M +$2M +14,297 New
Squarepoint
25
Squarepoint
New York
$1.78M +$1.88M +13,439 New

FRHC Hedge Fund Activity: Q1 2025 in Review

95 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Freedom Holding (FRHC) for Q1 2025, worth a combined $160M — up 40% from $115M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FRHC positions and 5 closed out — a net gain of 24 holders — while 35 added to existing stakes and 15 trimmed.

The largest buyer was Millennium Management, adding an estimated $14.8M. The largest seller was Marshall Wace, cutting an estimated $7.67M.

  • 95 institutional investors held Freedom Holding (FRHC) as of Q1 2025, up from 71 in Q4 2024.
  • Funds reported $160M of Freedom Holding stock for Q1 2025, up 40% quarter-over-quarter.
  • 29 funds opened new Freedom Holding positions in Q1 2025 and 5 closed out, a net change of +24 holders.
  • The largest Freedom Holding buyer in Q1 2025 was Millennium Management, an estimated $14.8M added.
  • The largest Freedom Holding seller in Q1 2025 was Marshall Wace, an estimated $7.67M sold.

Based on aggregated 13F filings for Q1 2025.