BlackRock Boosts Stake in Freedom Holding, Becomes Second-Largest Shareholder

BlackRock has increased its stake in Freedom Holding to 0.85%, investing $89 million. This makes BlackRock the company's second-largest shareholder by shares, following its founder and CEO, Timur Turlov.

BlackRock has significantly increased its stake in Freedom Holding Corp. (NASDAQ: FRHC), bringing its ownership to 0.85% with an investment of approximately $89 million. This move elevates BlackRock to the company's second-largest shareholder by shares, following its founder and CEO, Timur Turlov [1].

The investment underscores BlackRock's growing interest in the financial services sector and its strategy to diversify its portfolio. Freedom Holding provides a wide range of services, including brokerage, investment research, and commercial banking. The company's recent earnings report highlighted a net margin of 3.78% and a return on equity of 6.49% for the last quarter [1].

BlackRock's investment in Freedom Holding aligns with its broader trend of increasing influence in the global financial landscape. The company's strategic partnerships and acquisitions, such as its collaboration with Flexport and its involvement in the Panama multi-port acquisition deal, reflect its commitment to supporting businesses in their operations and growth [3].

The increased stake in Freedom Holding is part of BlackRock's long-term strategy of identifying promising investment opportunities and providing diversified investment solutions. The company's active management approach and expertise have positioned it as a leader in the asset management industry, with analysts giving its shares a strong buy recommendation [3].

Freedom Holding's expansion in Kazakhstan, UAE, and Turkey aligns with BlackRock's global network and risk-management expertise to navigate regulatory challenges. This investment reflects broader trends of institutional capital targeting undervalued emerging markets with strong growth potential and digital transformation opportunities [3].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-freedom-holding-corp-frhc-stock-position-lifted-by-hsbc-holdings-plc-2025-08-27/
[2] https://finance.yahoo.com/news/blackrock-becomes-second-largest-shareholder-161500167.html
[3] https://www.ainvest.com/news/institutional-validation-catalyst-blackrock-strategic-bet-freedom-holding-corp-2509/