AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
BlackRock Boosts Stake in Freedom Holding, Becomes Second-Largest Shareholder
ByAinvest
Tuesday, Sep 2, 2025 5:53 am ET1min read
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/
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet