Freedom Holding
FRHC • NASDAQ
Freedom Holding is a financial - capital markets company in the financial services sector on NASDAQ, led by Timur Ruslanovich Turlov, with a market cap of $7.7B. As of Q3 2025, 4% of shares are held by 132 institutional investors, with BlackRock, Inc. as the largest holder at 0.89%.
CEOTimur Ruslanovich Turlov
Market Cap$7.7B
Financial - Capital Markets
Financial Services
Employees6.2K
Websitefreedomholdingcorp.com
Country
United States of America
Overview
Overview of institutional ownership in FRHC as of Q3 2025 with a market cap of $10.5B
All Institutions
- Institutions
- 132
- Value Held
- $429.7M
- Shares Held
- 2.5M
- Avg Position
- $3.3M
- Median Position
- $388.5K
Hedge Funds
- Hedge Funds
- 16
- Value Held
- $58.4M
- Shares Held
- 339.2K
- Avg Position
- $3.6M
- Median Position
- $1.3M
Ownership Breakdown
Based on market cap of $10.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in FRHC as of Q3 2025
| Institution | Position Value |
|---|---|
 BlackRock, Inc. Institution | $93.8M 0.00% of portfolio |
 STATE STREET CORP Institution | $35.9M 0.00% of portfolio |
 MORGAN STANLEY RIA/Wealth | $33.7M 0.00% of portfolio |
 FIRST TRUST ADVISORS LP ETF Provider | $31.6M 0.02% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $28.7M 0.00% of portfolio |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $20.9M 0.02% of portfolio |
 JPMORGAN CHASE & CO Institution | $13.1M 0.00% of portfolio |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $12.4M 0.01% of portfolio |
 VANGUARD GROUP INC Institution | $11.4M 0.00% of portfolio |
 BANK OF AMERICA CORP /DE/ Institution | $10.4M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for FRHC in Q3 2025
- Traded
- +$65.5M
- Buyers
- 84
- Sellers
- 52
- Total Bought
- +$104.8M
- Total Sold
- −$39.3M
- Avg Position
- $2.9M
Biggest Buyers
| Institution | Net Bought |
|---|---|
FIRST TRUST ADVISORS LP ETF Provider | +$31.6M +183.5K shares |
MORGAN STANLEY RIA/Wealth | +$12.6M +73.1K shares |
JPMORGAN CHASE & CO Institution | +$8.6M +49.7K shares |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | +$7.9M +45.9K shares |
 AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$4.6M +26.6K shares |
BlackRock, Inc. Institution | +$4.2M +24.5K shares |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | +$4.0M +23.4K shares |
STATE STREET CORP Institution | +$3.7M +21.7K shares |
H HRT FINANCIAL LLC Institution | +$3.1M +18.0K shares |
BANK OF AMERICA CORP /DE/ Institution | +$2.1M +12.1K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy | −$10.7M −62.0K shares |
 Marshall Wace LLP Institution | −$4.3M −25.0K shares |
D D. E. Shaw & Co., Inc. Institution | −$4.1M −28.2K shares |
 UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager | −$2.9M −16.7K shares |
 Trexquant Investment LP Hedge Fund•Quant | −$2.3M −15.5K shares |
 Engineers Gate Manager LP Hedge Fund•Quant | −$1.8M −10.3K shares |
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | −$1.6M −9.6K shares |
 FRANKLIN RESOURCES INC Institution | −$1.3M −9.2K shares |
 GOLDMAN SACHS GROUP INC Institution | −$1.1M −6.4K shares |
 RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | −$963.9K −6.6K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited FRHC in Q3 2025
- New Positions
- 25
- New Value
- $41.0M
- Exited Positions
- 18
- Exited Value
- $12.9M
New Positions
| Institution | Position Value |
|---|---|
FIRST TRUST ADVISORS LP ETF Provider | $31.6M 183.5K shares |
 Voleon Capital Management LP Hedge Fund•Quant | $1.8M 10.7K shares |
 HIGHLAND CAPITAL MANAGEMENT, LLC Long Only Manager | $1.6M 9.3K shares |
D DYMON ASIA CAPITAL PTE. LTD. Institution | $1.1M 6.7K shares |
 Quantinno Capital Management LP Hedge Fund•Market Neutral | $798.0K 4.6K shares |
 Harvest Investment Services, LLC RIA/Wealth | $597.3K 3.5K shares |
E Ethic Inc. RIA/Wealth | $487.6K 2.8K shares |
 ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short | $456.1K 2.7K shares |
 INTECH INVESTMENT MANAGEMENT LLC Long Only Manager | $404.3K 2.3K shares |
 Walleye Trading LLC RIA/Wealth | $349.9K 2.0K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
D D. E. Shaw & Co., Inc. Institution | $4.1M 28.2K shares |
Trexquant Investment LP Hedge Fund•Quant | $2.3M 15.5K shares |
FRANKLIN RESOURCES INC Institution | $1.3M 9.2K shares |
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | $963.9K 6.6K shares |
I Illinois Municipal Retirement Fund Institution | $821.2K 5.6K shares |
 Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy | $818.9K 5.6K shares |
 Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | $518.5K 3.6K shares |
H Headlands Technologies LLC Institution | $508.3K 3.5K shares |
 Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy | $381.8K 2.6K shares |
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy | $339.3K 2.3K shares |
Options Activity
Institutions with the largest Call and Put options positions in FRHC as of Q3 2025
- Call Positions
- 6
- Call Value
- $11.8M
- Put Positions
- 5
- Put Value
- $23.3M
Call Positions
| Institution | Position Value |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $5.9M 343.0 contracts |
D D. E. Shaw & Co., Inc. Institution | $2.6M 151.0 contracts |
J JANE STREET GROUP, LLC Institution | $1.9M 109.0 contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $877.9K 51.0 contracts |
W WOLVERINE TRADING, LLC Institution | $397.8K 23.0 contracts |
Walleye Trading LLC RIA/Wealth | $103.3K 6.0 contracts |
Put Positions
| Institution | Position Value |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $16.0M 929.0 contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $2.6M 153.0 contracts |
J JANE STREET GROUP, LLC Institution | $2.5M 148.0 contracts |
W WOLVERINE TRADING, LLC Institution | $2.1M 122.0 contracts |
Walleye Trading LLC RIA/Wealth | $34.4K 2.0 contracts |
Most Committed Institutions
Institutions with FRHC as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Y Yorktown Management & Research Co Inc Institution | 0.51% $636.9K |
D DYMON ASIA CAPITAL PTE. LTD. Institution | 0.46% $1.1M |
 CFC Planning Co LLC Private Equity | 0.17% $204.8K |
Harvest Investment Services, LLC RIA/Wealth | 0.12% $597.3K |
HIGHLAND CAPITAL MANAGEMENT, LLC Long Only Manager | 0.08% $1.6M |
Voleon Capital Management LP Hedge Fund•Quant | 0.05% $1.8M |
H HRT FINANCIAL LLC Institution | 0.04% $9.1M |
 Advyzon Investment Management, LLC RIA/Wealth | 0.04% $207.1K |
 AIGEN INVESTMENT MANAGEMENT, LP Hedge Fund•Long/Short | 0.03% $205.9K |
 VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy | 0.03% $9.0M |
Hedge Fund Spotlight
Discover hedge funds investing in FRHC
BALYASNY ASSET MANAGEMENT LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerDmitry Balyasny
- Portfolio Value
- $48.1B
- Positions
- 1,895
- Last Reported
- Q3 2025
Sector Allocation
Position in Freedom Holding
- Market Value
- $2.2M
- Shares Held
- 12.7K
- Portfolio Weight
- 0.00%
- Owned Since
- 2024-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $1.1B | 2.29% | |
Software - Infrastructure Technology | $1.1B | 2.23% | |
Semiconductors Technology | $905.7M | 1.88% |
