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Freshworks

249 hedge funds and large institutions have $3.49B invested in Freshworks in 2024 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 90 increasing their positions, 71 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 42

27% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 71

4% more funds holding

Funds holding: 239249 (+10)

1.76% more ownership

Funds ownership: 86.19%87.95% (+1.8%)

15% less capital invested

Capital invested by funds: $4.09B → $3.49B (-$604M)

18% less call options, than puts

Call options by funds: $19M | Put options by funds: $23M

27% less funds holding in top 10

Funds holding in top 10: 118 (-3)

Holders
249
Holders Change
+10
Holders Change %
+4.18%
% of All Funds
3.59%
Holding in Top 10
8
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-27.27%
% of All Funds
0.12%
New
54
Increased
90
Reduced
71
Closed
42
Calls
$19M
Puts
$23M
Net Calls
-$4.06M
Net Calls Change
-$13.4M
Name Holding Trade Value Shares
Change
Change in
Stake
WTA
226
Washington Trust Advisors
Massachusetts
$11.3K +$4.7K +227 +58%
Carson Wealth (CWM LLC)
227
Carson Wealth (CWM LLC)
Nebraska
$9K +$9.46K +457 +737%
CI Investments Inc
228
CI Investments Inc
Ontario, Canada
$6K +$2.01K +97 +40%
EL
229
EMFO LLC
Florida
$5.59K
FHA
230
First Horizon Advisors
Tennessee
$4.48K +$5.09K +246 New
PWMG
231
Private Wealth Management Group
New Jersey
$4.41K +$1.55K +75 +45%
PA
232
Parallel Advisors
California
$3.64K +$4.14K +200 New
AA
233
Ancora Advisors
Ohio
$3.08K
BAM
234
Bellevue Asset Management
Washington
$2.69K
VCM
235
Versant Capital Management
Arizona
$2.29K
IA
236
IFP Advisors
Florida
$1.88K +$1.08K +52 +102%
GRP
237
Global Retirement Partners
California
$1.64K
FDCDDQ
238
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.42K
PS
239
Principal Securities
Iowa
$1.33K -$124 -6 -8%
IFAM
240
Institutional & Family Asset Management
Colorado
$1.02K
AW
241
Avion Wealth
Texas
$1K +$579 +28 New
AF
242
Allworth Financial
California
$929 +$124 +6 +13%
SIC
243
Salem Investment Counselors
North Carolina
$893 +$1.01K +49 New
PIM
244
Plato Investment Management
Australia
$765
SAM
245
Smartleaf Asset Management
Massachusetts
$741 +$848 +41 New
FFA
246
Farther Finance Advisors
California
$639 -$207 -10 -22%
EWA
247
EverSource Wealth Advisors
Alabama
$375
RIL
248
Rothschild Investment LLC
Illinois
$273 +$310 +15 New
CA
249
CoreCap Advisors
Michigan
$182 +$207 +10 New
Capital World Investors
250
Capital World Investors
California
-$50.5M -2,149,287 Closed

FRSH Hedge Fund Activity: Q1 2024 in Review

249 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Freshworks (FRSH) for Q1 2024, worth a combined $3.49B — down 15% from $4.09B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new FRSH positions and 42 closed out — a net gain of 12 holders — while 90 added to existing stakes and 71 trimmed.

The largest buyer was Alphabet Inc, adding an estimated $172M. The largest seller was Morgan Stanley, cutting an estimated $60.5M.

  • 249 institutional investors held Freshworks (FRSH) as of Q1 2024, up from 239 in Q4 2023.
  • Funds reported $3.49B of Freshworks stock for Q1 2024, down 15% quarter-over-quarter.
  • 54 funds opened new Freshworks positions in Q1 2024 and 42 closed out, a net change of +12 holders.
  • The largest Freshworks buyer in Q1 2024 was Alphabet Inc, an estimated $172M added.
  • The largest Freshworks seller in Q1 2024 was Morgan Stanley, an estimated $60.5M sold.

Based on aggregated 13F filings for Q1 2024.