Freshworks
FRSH
252 hedge funds and large institutions have $2.15B invested in Freshworks in 2024 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 89 increasing their positions, 79 reducing their positions, and 30 closing their positions.
154% more call options, than puts
Call options by funds: $9.55M | Put options by funds: $3.75M
67% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 30
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
13% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 79
8% more funds holding
Funds holding: 234 → 252 (+18)
0.01% less ownership
Funds ownership: 83.94% → 83.92% (-0.01%)
8% less capital invested
Capital invested by funds: $2.34B → $2.15B (-$189M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Alphabet Inc
Mountain View,
California
|
+$46.4M |
| 2 |
TGA
TPG GP A
Fort Worth,
Texas
|
+$40.5M |
| 3 |
JP Morgan Chase
New York
|
+$21M |
| 4 |
MGP
M&G plc
London,
United Kingdom
|
+$9.91M |
| 5 |
Goldman Sachs
New York
|
+$9.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$47.8M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$47.2M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$41.3M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$10.1M |
| 5 |
Squarepoint
New York
|
-$10.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
276
Steph & Co
Marinette,
Wisconsin
| – | -$141K | -11,100 | Closed |
|
|
PI
277
PEAK6 Investments
Chicago,
Illinois
| – | -$135K | -10,637 | Closed |
|
|
LOAMU
278
Lombard Odier Asset Management (USA)
New York
| – | -$135K | -10,607 | Closed |
|
|
SWS
279
SYSTM Wealth Solutions
Chicago,
Illinois
| – | -$10.1K | -793 | Closed |
|
280
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$4K | -325 | Closed |
|
|
MG
281
Mather Group
Chicago,
Illinois
| – | -$2.01K | -110 | Closed |
|
|
CFO
282
CVA Family Office
Denver,
Colorado
| – | -$495 | -39 | Closed |
|
FRSH Hedge Fund Activity: Q3 2024 in Review
252 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Freshworks (FRSH) for Q3 2024, worth a combined $2.15B — down 8.1% from $2.34B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new FRSH positions and 30 closed out — a net gain of 20 holders — while 89 added to existing stakes and 79 trimmed.
The largest buyer was Alphabet Inc, adding an estimated $46.4M. The largest seller was ClearBridge Investments, exiting entirely with an estimated $47.8M sold.
- 252 institutional investors held Freshworks (FRSH) as of Q3 2024, up from 234 in Q2 2024.
- Funds reported $2.15B of Freshworks stock for Q3 2024, down 8.1% quarter-over-quarter.
- 50 funds opened new Freshworks positions in Q3 2024 and 30 closed out, a net change of +20 holders.
- The largest Freshworks buyer in Q3 2024 was Alphabet Inc, an estimated $46.4M added.
- The largest Freshworks seller in Q3 2024 was ClearBridge Investments, an estimated $47.8M sold.
Based on aggregated 13F filings for Q3 2024.