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Freedom Holding

135 hedge funds and large institutions have $431M invested in Freedom Holding in 2025 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 46 increasing their positions, 38 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 19

37% more capital invested

Capital invested by funds: $314M → $431M (+$116M)

21% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 38

13% more funds holding

Funds holding: 119135 (+16)

0.68% more ownership

Funds ownership: 3.52%4.2% (+0.68%)

57% less call options, than puts

Call options by funds: $12.5M | Put options by funds: $29.4M

Holders
135
Holders Change
+16
Holders Change %
+13.45%
% of All Funds
1.77%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
35
Increased
46
Reduced
38
Closed
19
Calls
$12.5M
Puts
$29.4M
Net Calls
-$16.8M
Net Calls Change
-$5.56M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$93.8M +$4.13M +24,491 +5%
State Street
2
State Street
Massachusetts
$35.9M +$3.66M +21,675 +12%
Morgan Stanley
3
Morgan Stanley
New York
$33.7M +$12.3M +73,088 +60%
First Trust Advisors
4
First Trust Advisors
Illinois
$31.6M +$31M +183,532 New
Geode Capital Management
5
Geode Capital Management
Massachusetts
$28.7M +$1.16M +6,866 +4%
Millennium Management
6
Millennium Management
New York
$20.9M -$1.61M -9,552 -7%
JP Morgan Chase
7
JP Morgan Chase
New York
$13.1M +$8.39M +49,712 +189%
Citadel Advisors
8
Citadel Advisors
Florida
$12.4M +$7.74M +45,876 +177%
Vanguard Group
9
Vanguard Group
Pennsylvania
$11.4M +$613K +3,635 +6%
Bank of America
10
Bank of America
North Carolina
$10.4M +$2.05M +12,139 +25%
Northern Trust
11
Northern Trust
Illinois
$9.68M -$27.3K -162 -0.3%
HF
12
HRT Financial
New York
$9.08M +$3.03M +17,950 +52%
Voloridge Investment Management
13
Voloridge Investment Management
Florida
$9M -$638K -3,785 -7%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$7.23M +$210K +1,246 +3%
N
15
Nuveen
North Carolina
$6.93M +$758K +4,492 +13%
Swiss National Bank
16
Swiss National Bank
Switzerland
$6.13M +$152K +900 +3%
UBS AM
17
UBS AM
Illinois
$5.77M -$2.82M -16,699 -33%
HSBC Holdings
18
HSBC Holdings
United Kingdom
$5.27M +$253K +1,498 +5%
AQR Capital Management
19
AQR Capital Management
Connecticut
$4.57M +$4.48M +26,562 New
BNP Paribas Financial Markets
20
BNP Paribas Financial Markets
France
$4.45M +$1.02M +6,055 +31%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$4.31M +$3.95M +23,440 +1,463%
Legal & General Group
22
Legal & General Group
United Kingdom
$3.29M -$28.8K -171 -0.9%
Invesco
23
Invesco
Georgia
$3.21M -$259K -1,538 -8%
California State Teachers Retirement System (CalSTRS)
24
California State Teachers Retirement System (CalSTRS)
California
$3.03M +$169 +1 +0%
RhumbLine Advisers
25
RhumbLine Advisers
Massachusetts
$3M +$71.2K +422 +2%

FRHC Hedge Fund Activity: Q3 2025 in Review

135 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Freedom Holding (FRHC) for Q3 2025, worth a combined $431M — up 37% from $314M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new FRHC positions and 19 closed out — a net gain of 16 holders — while 46 added to existing stakes and 38 trimmed.

The largest buyer was First Trust Advisors, opening a new position worth an estimated $31M. The largest seller was Tudor Investment Corp, cutting an estimated $10.5M.

  • 135 institutional investors held Freedom Holding (FRHC) as of Q3 2025, up from 119 in Q2 2025.
  • Funds reported $431M of Freedom Holding stock for Q3 2025, up 37% quarter-over-quarter.
  • 35 funds opened new Freedom Holding positions in Q3 2025 and 19 closed out, a net change of +16 holders.
  • The largest Freedom Holding buyer in Q3 2025 was First Trust Advisors, an estimated $31M added.
  • The largest Freedom Holding seller in Q3 2025 was Tudor Investment Corp, an estimated $10.5M sold.

Based on aggregated 13F filings for Q3 2025.