FRHCNasdaqSecurity Brokers, Dealers & Flotation CompaniesFiscal year ends March 31
Freedom Holding Corp.
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$173.48−8.09 (-4.46%)
Close on Oct 19, 2026
- Market cap
- $10.63B
- P/E (TTM)
- 68.6
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
3.5%
2M of 64M shares
Institutional holders
146
28 new, 21 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
2 buys · 26 sales
Net sold $8.76M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Turlov Timur R | 41,405,112 | 64.91% | 13D (active) amendment | Sep 16, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of FRHC | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 597,074 | 0.94% | $77.90M | −5,560 | 0.00% |
| State Street Corp | 230,249 | 0.36% | $30.04M | +11,241 | 0.00% |
| Geode Capital Management, LLC | 171,415 | 0.27% | $22.36M | +2,350 | 0.00% |
| Aqr Capital Management LLC | 115,495 | 0.18% | $14.93M | +5,938 | 0.01% |
| Morgan Stanley | 109,215 | 0.17% | $14.25M | −8,400 | 0.00% |
| Northern Trust Corp | 53,805 | 0.08% | $7.02M | +508 | 0.00% |
| UBS Group AG | 50,976 | 0.08% | $6.65M | +455 | 0.00% |
| Bank of New York Mellon Corp | 48,292 | 0.08% | $6.30M | +2,000 | 0.00% |
| JPMorgan Chase & Co | 43,972 | 0.07% | $5.81M | −18,024 | 0.00% |
| Bank Of America Corp /De/ | 42,745 | 0.07% | $5.58M | +2,675 | 0.00% |
| Bnp Paribas Arbitrage, Snc | 38,046 | 0.06% | $4.96M | +16,430 | 0.00% |
| Swiss National Bank | 36,900 | 0.06% | $4.81M | +700 | 0.00% |
| Nuveen, LLC | 35,808 | 0.06% | $4.67M | +2,146 | 0.00% |
| Vanguard Portfolio Management LLC | 34,851 | 0.05% | $4.55M | +335 | 0.00% |
| UBS Asset Management Americas Inc | 32,362 | 0.05% | $4.22M | −3,126 | 0.00% |
| Quantinno Capital Management LP | 31,144 | 0.05% | $4.06M | +2,948 | 0.00% |
| Barclays PLC | 27,522 | 0.04% | $3.59M | +5,084 | 0.00% |
| Quadrature Capital Ltd | 26,449 | 0.04% | $3.45M | +7,615 | 0.03% |
| Millennium Management LLC | 26,000 | 0.04% | $3.39M | −33,980 | 0.00% |
| California State Teachers Retirement System | 25,221 | 0.04% | $3.29M | +7,744 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 146 | 2M | 3.5% | 28 / 62 | 36 / 21 | 0M | 0M |
| Q1 2026 | 141 | 2M | 3.5% | 41 / 43 | 36 / 18 | 0M | 0M |
| Q4 2025 | 121 | 2M | 3.7% | 14 / 49 | 44 / 27 | 0M | 0M |
| Q3 2025 | 135 | 3M | 4.0% | 35 / 46 | 38 / 19 | 1M | 0M |
| Q2 2025 | 119 | 2M | 3.4% | 42 / 36 | 31 / 17 | 1M | 0M |
| Q1 2025 | 95 | 1M | 1.9% | 29 / 35 | 15 / 5 | 0M | 0M |
| Q4 2024 | 71 | 1M | 1.4% | 17 / 30 | 13 / 7 | 0M | 0M |
| Q3 2024 | 61 | 1M | 0.9% | 12 / 16 | 17 / 4 | 0M | 0M |
| Q2 2024 | 54 | 1M | 0.9% | 13 / 21 | 13 / 10 | 0M | 0M |
| Q1 2024 | 53 | 1M | 1.0% | 7 / 9 | 25 / 8 | 0M | 0M |
| Q4 2023 | 54 | 1M | 1.1% | 5 / 21 | 20 / 9 | 0M | 0M |
| Q3 2023 | 58 | 1M | 1.2% | 9 / 24 | 16 / 9 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of FRHC | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Russell Mid-Cap Growth ETF | 91,148 | 0.14% | $11.89M | 0.06% | Jun 30, 2026 |
| iShares Russell Mid-Cap ETF | 76,273 | 0.12% | $9.95M | 0.02% | Jun 30, 2026 |
| Fidelity Mid Cap Index Fund | 68,393 | 0.11% | $10.35M | 0.02% | Jul 31, 2026 |
| iShares Russell 1000 Growth ETF | 57,708 | 0.09% | $7.53M | 0.01% | Jun 30, 2026 |
| Fidelity Nasdaq Composite Index Fund | 37,824 | 0.06% | $5.40M | 0.02% | May 31, 2026 |
| Vanguard Russell 1000 Growth Index Fund | 24,789 | 0.04% | $3.54M | 0.01% | May 31, 2026 |
| Fidelity Large Cap Growth Index Fund | 20,314 | 0.03% | $3.07M | 0.01% | Jul 31, 2026 |
| Fidelity Nasdaq Composite Index ETF | 16,847 | 0.03% | $2.41M | 0.02% | May 31, 2026 |
| Fidelity Mid Cap Growth Index Fund | 16,495 | 0.03% | $2.15M | 0.05% | Jun 30, 2026 |
| Vanguard Total World Stock Index Fund | 14,205 | 0.02% | $2.15M | 0.00% | Jul 31, 2026 |
| Nuveen Equity Index Fund | 13,981 | 0.02% | $2.11M | 0.00% | Jul 31, 2026 |
| iShares U.S. Financials ETF | 12,720 | 0.02% | $1.92M | 0.04% | Jul 31, 2026 |
| iShares Russell 1000 ETF | 12,344 | 0.02% | $1.61M | 0.00% | Jun 30, 2026 |
| Large Cap Index Master Portfolio | 10,512 | 0.02% | $1.37M | 0.00% | Jun 30, 2026 |
| iShares ESG Aware MSCI USA Small-Cap ETF | 10,066 | 0.02% | $1.44M | 0.06% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Timur R. Turlov | CEO, Director, 10% owner | 41,405,112 | 64.91% | Sep 18, 2026 |
| Askar Tashtitov | President, Director | 1,142,899 | 1.79% | Sep 18, 2026 |
| Azamat Yerdessov | Freedom Life Chief Exec. Ofc. | 225,942 | 0.35% | Sep 1, 2026 |
| Evgeny Ler | Special Advisor to CEO | 21,577 | 0.03% | Sep 1, 2026 |
| Valeriy Kim | Chief Financial Officer | 47,400 | 0.07% | Aug 28, 2026 |
| Marat Shotbayev | Chief Logistics Officer | 252 | 0.00% | Aug 14, 2026 |
| Renat Tukanov | CHIEF TECHNOLOGY OFFICER | 7,500 | 0.01% | Aug 14, 2026 |
| Alexey Lee | *See remarks | 72,700 | 0.11% | Jul 22, 2026 |
| Sergey Lukyanov | *See Remarks | 152,425 | 0.24% | Feb 27, 2026 |
| Jason M. Kerr | Chief Legal Officer | 3,309 | 0.01% | Aug 1, 2025 |
| Aidos Zhumagulov | *See Remarks | 152,985 | 0.24% | May 13, 2025 |
| Robert Wotczak | Pres & CEO - Prime Executions | 58,000 | 0.09% | Feb 20, 2025 |
| Kairat Bakibayevich Akhmetov | see below* | 133,900 | 0.21% | Dec 3, 2024 |
| Boris Cherdabayev | Director | 19,272 | 0.03% | Jul 22, 2026 |
| Andrew Gamble | Director | 677 | 0.00% | Jun 24, 2026 |
| Amber Williams | Director | 1,434 | 0.00% | Jun 15, 2026 |
| Philippe J.R. Vogeleer | Director | 1,434 | 0.00% | Jun 15, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Askar Tashtitov President, Director | Sep 16, 2026 | Gift | +1,000,000 | – | – | 1,142,899 |
| Timur R. Turlov CEO, Director, 10% owner | Sep 16, 2026 | Gift | −1,000,000 | – | – | 41,405,112 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Aug 28, 2026 | Sale | −1,500 | $175.00 | $262.50K | 225,942 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Aug 28, 2026 | Sale | −1,500 | $171.60 | $257.40K | 224,442 |
| Valeriy Kim Chief Financial Officer | Aug 26, 2026 | Sale | −5,000 | $169.31 | $846.55K | 47,400 |
| Evgeny Ler Special Advisor to CEO | Aug 19, 2026 | Sale | −2,600 | $159.49 | $414.67K | 21,577 |
| Evgeny Ler Special Advisor to CEO | Aug 19, 2026 | Sale | −14,400 | $158.27 | $2.28M | 24,177 |
| Evgeny Ler Special Advisor to CEO | Aug 19, 2026 | Sale | −500 | $157.50 | $78.75K | 38,577 |
| Evgeny Ler Special Advisor to CEO | Aug 19, 2026 | Sale | −2,500 | $160.00 | $400.00K | 19,077 |
| Evgeny Ler Chief Financial Officer | Aug 19, 2026 | Sale | −2,500 | $160.00 | $400.00K | 19,077 |
| Evgeny Ler Chief Financial Officer | Aug 19, 2026 | Sale | −2,600 | $159.49 | $414.67K | 21,577 |
| Evgeny Ler Chief Financial Officer | Aug 19, 2026 | Sale | −14,400 | $158.27 | $2.28M | 24,177 |
| Evgeny Ler Chief Financial Officer | Aug 19, 2026 | Sale | −500 | $157.50 | $78.75K | 38,577 |
| Renat Tukanov CHIEF TECHNOLOGY OFFICER | Aug 13, 2026 | Sale | −2,700 | $151.25 | $408.38K | 7,500 |
| Andrew Gamble Director | Jun 22, 2026 | Sale | −357 | $141.04 | $50.35K | 677 |
| Renat Tukanov CHIEF TECHNOLOGY OFFICER | Jun 22, 2026 | Sale | −1,800 | $140.82 | $253.48K | 10,200 |
| Boris Cherdabayev Director | Jun 11, 2026 | Award | +677 | – | – | 798 |
| Andrew Gamble Director | Jun 11, 2026 | Award | +677 | – | – | 1,034 |
| Amber Williams Director | Jun 11, 2026 | Award | +677 | – | – | 1,434 |
| Philippe J.R. Vogeleer Director | Jun 11, 2026 | Award | +677 | – | – | 1,434 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Jun 4, 2026 | Sale | −306 | $151.58 | $46.38K | 243,936 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Jun 4, 2026 | Sale | −2,000 | $153.00 | $306.00K | 238,242 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Jun 4, 2026 | Sale | −2,000 | $155.00 | $310.00K | 236,242 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Jun 4, 2026 | Sale | −2,430 | $156.03 | $379.15K | 233,812 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Jun 4, 2026 | Sale | −2,000 | $157.00 | $314.00K | 231,812 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Jun 4, 2026 | Sale | −893 | $158.76 | $141.77K | 230,919 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Jun 4, 2026 | Sale | −3,477 | $159.09 | $553.16K | 227,442 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Jun 4, 2026 | Sale | −3,694 | $152.01 | $561.52K | 240,242 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | May 29, 2026 | Award | +83,749 | – | – | 244,242 |
| Sergey Lukyanov *See Remarks | Feb 25, 2026 | Buy | +12,000 | $120.42 | $1.45M | 152,425 |
| Sergey Lukyanov *See Remarks | Feb 24, 2026 | Buy | +8,000 | $120.66 | $965.28K | 140,425 |
| Andrew Gamble Director | Feb 12, 2026 | Sale | −400 | $119.39 | $47.76K | 357 |
| Renat Tukanov CHIEF TECHNOLOGY OFFICER | Feb 11, 2026 | Award | +9,000 | – | – | 12,000 |
| Boris Cherdabayev Director | Dec 29, 2025 | Sale | −186 | $125.72 | $23.38K | 121 |
| Boris Cherdabayev Director | Nov 6, 2025 | Sale | −150 | $136.33 | $20.45K | 307 |
| Boris Cherdabayev Director | Nov 4, 2025 | Sale | −300 | $141.88 | $42.56K | 457 |
| Boris Cherdabayev Director | Sep 16, 2025 | Award | +757 | – | – | 757 |
| Amber Williams Director | Sep 15, 2025 | Award | +757 | – | – | 757 |
| Andrew Gamble Director | Sep 15, 2025 | Award | +757 | – | – | 757 |
| Philippe J.R. Vogeleer Director | Sep 15, 2025 | Award | +757 | – | – | 757 |
| Andrew Gamble Director | Sep 15, 2025 | Award | +626 | – | – | 626 |
| Amber Williams Director | Sep 15, 2025 | Award | +626 | – | – | 626 |
| Philippe J.R. Vogeleer Director | Sep 15, 2025 | Award | +626 | – | – | 626 |
| Sergey Lukyanov *See Remarks | Aug 29, 2025 | Buy | +5,725 | $171.67 | $982.81K | 132,425 |
| Renat Tukanov CHIEF TECHNOLOGY OFFICER | Aug 29, 2025 | Sale | −3,005 | $173.25 | $520.62K | 3,001 |
| Renat Tukanov CHIEF TECHNOLOGY OFFICER | Aug 29, 2025 | Sale | −1 | $174.50 | $175 | 3,000 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Aug 27, 2025 | Sale | −2,007 | $177.00 | $355.24K | 160,493 |
| Jason M. Kerr Chief Legal Officer | Jul 24, 2025 | Award | +3,309 | – | – | 3,309 |
| Evgeny Ler Chief Financial Officer | Jul 9, 2025 | Award | +5,169 | – | – | 39,077 |
| Askar Tashtitov President, Director | Jul 9, 2025 | Award | +5,691 | – | – | 142,899 |
| Sergey Lukyanov *See Remarks | Jul 1, 2025 | Buy | +3,100 | $146.64 | $454.58K | 126,700 |
| Sergey Lukyanov *See Remarks | Jun 30, 2025 | Buy | +3,800 | $144.05 | $547.39K | 123,600 |
| Askar Tashtitov President, Director | Jun 20, 2025 | Buy | +600 | $140.75 | $84.45K | 137,208 |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Apr 11, 2025 | Award | +74,000 | – | – | 162,500 |
| Renat Tukanov CHIEF TECHNOLOGY OFFICER | Mar 4, 2025 | Sale | −8 | $146.03 | $1.17K | 6,006 |
| Renat Tukanov CHIEF TECHNOLOGY OFFICER | Mar 4, 2025 | Sale | −2,992 | $143.00 | $427.86K | 6,014 |
| Aidos Zhumagulov *See Remarks | Feb 28, 2025 | Sale | −6,000 | $145.00 | $870.00K | 144,786 |
| Aidos Zhumagulov *See Remarks | Feb 27, 2025 | Sale | −927 | $150.00 | $139.05K | 150,786 |
| Sergey Lukyanov *See Remarks | Feb 25, 2025 | Sale | −1,000 | $144.00 | $144.00K | 119,800 |
| Evgeny Ler Chief Financial Officer | Feb 19, 2025 | Sale | −4,886 | $155.23 | $758.45K | 33,908 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Aug 28, 2026 | 3,000 | $511.98K | Aug 28, 2026 | Vesting of employee stock grant |
| Valeriy Kim Chief Financial Officer | Aug 27, 2026 | 5,000 | $855.10K | Aug 28, 2026 | Vesting of employee stock grant |
| Aidos Zhumagulov BoD Member, Freedom Bank KZ & Advisor, Dev & Intl | Aug 21, 2026 | 5,000 | $844.05K | Aug 21, 2026 | Equity Stock Grant |
| Evgeny Ler Former Chief Financial Officer of the Corporation | Aug 20, 2026 | 20,000 | $3.22M | Aug 19, 2026 | Vesting of employee stock grant |
| Boris Cherdabayev Director | Jul 22, 2026 | 186 | $23.25K | Dec 29, 2025 | Vesting of employee stock grant |
| Boris Cherdabayev Director | Jul 22, 2026 | 450 | $63.45K | Nov 4, 2025 | Vesting of employee stock grant |
| Andrew Gamble Director | Jun 22, 2026 | 357 | $51.30K | Jun 22, 2026 | Vesting of employee stock grant |
| Renat Tukanov Officer | Jun 11, 2026 | 4,500 | $642.87K | Jun 11, 2026 | Vesting of employee stock grant |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Jun 5, 2026 | 25,000 | $3.78M | Jun 5, 2026 | Vesting of employee stock grant |
| Renat Tukanov CHIEF TECHNOLOGY OFFICER | Aug 29, 2025 | 3,006 | $520.04K | Aug 29, 2025 | Vesting of employee stock grant |
| Renat Tukanov CHIEF TECHNOLOGY OFFICER | Aug 26, 2025 | 3,000 | $436.50K | Aug 27, 2025 | Vesting of employee stock grant |
| Azamat Yerdessov Freedom Life Chief Exec. Ofc. | Aug 21, 2025 | 10,000 | $1.69M | Aug 21, 2025 | Vesting of employee stock grant |
| Aidos Zhumagulov BoD Member, Freedom Bank KZ & Advisor, Dev & Intl | Jul 10, 2025 | 29,438 | $4.27M | Jul 9, 2025 | Equity Stock Grant |
| Renat Tukanov CHIEF TECHNOLOGY OFFICER | Jul 1, 2025 | 3,000 | $436.50K | Jul 1, 2025 | Vesting of employee stock grant |
| Renat Tukanov CHIEF TECHNOLOGY OFFICER | Mar 3, 2025 | 3,000 | $148 | Mar 4, 2025 | Vesting of employee stock grant |