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Freshworks

226 hedge funds and large institutions have $3.03B invested in Freshworks in 2023 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 73 increasing their positions, 53 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

256% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 18

81% more call options, than puts

Call options by funds: $25.6M | Put options by funds: $14.1M

38% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 53

25% more capital invested

Capital invested by funds: $2.42B → $3.03B (+$609M)

23% more funds holding

Funds holding: 183226 (+43)

2.55% less ownership

Funds ownership: 81.96%79.41% (-2.5%)

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

Holders
226
Holders Change
+43
Holders Change %
+23.5%
% of All Funds
3.59%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.11%
New
64
Increased
73
Reduced
53
Closed
18
Calls
$25.6M
Puts
$14.1M
Net Calls
+$11.5M
Net Calls Change
+$7.79M
Name Holding Trade Value Shares
Change
Change in
Stake
SWA
226
Sutton Wealth Advisors
Florida
$139
MG
227
Meritage Group
California
-$54.3M -3,090,519 Closed
Jane Street
228
Jane Street
New York
-$42.9M -2,158,688 Closed
SCM
229
Scopia Capital Management
New York
-$25.7M -1,459,465 Closed
ECM
230
ExodusPoint Capital Management
New York
-$8.66M -492,673 Closed
Adage Capital Partners
231
Adage Capital Partners
Massachusetts
-$6.59M -375,000 Closed
TAM
232
Trikon Asset Management
Hong Kong
-$3.09M -176,000 Closed
AG
233
Algert Global
California
-$1.88M -106,690 Closed
GCP
234
GSA Capital Partners
United Kingdom
-$933K -53,080 Closed
WP
235
Woodline Partners
California
-$588K -33,467 Closed
CC
236
Cipher Capital
New York
-$571K -32,466 Closed
AIM
237
Allen Investment Management
New York
-$294K -16,742 Closed
DU
238
Delphia (USA)
Ontario, Canada
-$294K -16,717 Closed
NC
239
NinePointTwo Capital
California
-$293K -16,701 Closed
QT
240
Quantamental Technologies
New York
-$280K -15,900 Closed
LOAMU
241
Lombard Odier Asset Management (USA)
New York
-$190K -10,808 Closed
Man Group
242
Man Group
United Kingdom
-$189K -10,728 Closed
Envestnet Asset Management
243
Envestnet Asset Management
Illinois
-$186K -10,567 Closed
LFM
244
Lumina Fund Management
New York
-$88K -5,000 Closed

FRSH Hedge Fund Activity: Q3 2023 in Review

226 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Freshworks (FRSH) for Q3 2023, worth a combined $3.03B — up 25% from $2.42B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new FRSH positions and 18 closed out — a net gain of 46 holders — while 73 added to existing stakes and 53 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $82.3M. The largest seller was WFM Asia, cutting an estimated $91.4M.

  • 226 institutional investors held Freshworks (FRSH) as of Q3 2023, up from 183 in Q2 2023.
  • Funds reported $3.03B of Freshworks stock for Q3 2023, up 25% quarter-over-quarter.
  • 64 funds opened new Freshworks positions in Q3 2023 and 18 closed out, a net change of +46 holders.
  • The largest Freshworks buyer in Q3 2023 was AllianceBernstein, an estimated $82.3M added.
  • The largest Freshworks seller in Q3 2023 was WFM Asia, an estimated $91.4M sold.

Based on aggregated 13F filings for Q3 2023.