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Freshworks

239 hedge funds and large institutions have $4.09B invested in Freshworks in 2023 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 85 increasing their positions, 75 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more call options, than puts

Call options by funds: $19.8M | Put options by funds: $10.4M

57% more funds holding in top 10

Funds holding in top 10: 711 (+4)

52% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 29

35% more capital invested

Capital invested by funds: $3.03B → $4.09B (+$1.06B)

13% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 75

6.77% more ownership

Funds ownership: 79.41%86.19% (+6.8%)

6% more funds holding

Funds holding: 226239 (+13)

Holders
239
Holders Change
+13
Holders Change %
+5.75%
% of All Funds
3.48%
Holding in Top 10
11
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+57.14%
% of All Funds
0.16%
New
44
Increased
85
Reduced
75
Closed
29
Calls
$19.8M
Puts
$10.4M
Net Calls
+$9.36M
Net Calls Change
-$2.12M
Name Holding Trade Value Shares
Change
Change in
Stake
EAM
26
Eagle Asset Management
Florida
$35.8M -$4.82M -243,656 -14%
N
27
Nuveen
North Carolina
$33.9M -$3.38M -170,923 -11%
Mirae Asset Global Investments
28
Mirae Asset Global Investments
South Korea
$32.9M -$3.71M -187,565 -12%
Millennium Management
29
Millennium Management
New York
$31.4M -$9.27M -468,539 -26%
Charles Schwab
30
Charles Schwab
California
$30.6M +$1.33M +67,254 +5%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$26.5M +$2.5M +126,468 +13%
Invesco
32
Invesco
Georgia
$24.8M +$11.6M +583,786 +124%
Macquarie Group
33
Macquarie Group
Australia
$22.5M +$14.8M +749,075 +358%
DCM
34
Driehaus Capital Management
Illinois
$22M +$2.64M +133,206 +17%
OPFM
35
Optimus Prime Fund Management
Cayman Islands
$20.4M
Voloridge Investment Management
36
Voloridge Investment Management
Florida
$19.5M -$18.5M -937,146 -53%
Acadian Asset Management
37
Acadian Asset Management
Massachusetts
$19.1M -$9.82M -496,429 -38%
FC
38
FACT Capital
New York
$18M +$1.29M +64,957 +9%
IC
39
IEQ Capital
California
$17.6M +$4.32M +218,545 +41%
Fuller & Thaler Asset Management
40
Fuller & Thaler Asset Management
California
$17.6M +$1.54M +78,069 +12%
Tiger Global Management
41
Tiger Global Management
New York
$17.1M -$3.58M -181,160 -20%
Two Sigma Advisers
42
Two Sigma Advisers
New York
$16M -$6.55M -331,000 -33%
D.E. Shaw & Co
43
D.E. Shaw & Co
New York
$15.8M -$9.44M -477,303 -42%
NONA
44
Ninety One North America
New York
$15.4M +$13M +655,791 New
GIM
45
Generation Investment Management
United Kingdom
$15M -$4.6M -232,235 -27%
Goldman Sachs
46
Goldman Sachs
New York
$13.9M +$7.16M +361,715 +157%
DWT
47
Dorsey & Whitney Trust
South Dakota
$13.8M -$1.98M -100,000 -15%
Ameriprise
48
Ameriprise
Minnesota
$13.6M +$11.4M +577,123 New
Federated Hermes
49
Federated Hermes
Pennsylvania
$12.8M +$1.49M +75,307 +16%
GS
50
Gagnon Securities
New York
$12.3M -$39.9K -2,016 -0.4%

FRSH Hedge Fund Activity: Q4 2023 in Review

239 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Freshworks (FRSH) for Q4 2023, worth a combined $4.09B — up 35% from $3.03B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new FRSH positions and 29 closed out — a net gain of 15 holders — while 85 added to existing stakes and 75 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $52.5M. The largest seller was Voloridge Investment Management, cutting an estimated $18.5M.

  • 239 institutional investors held Freshworks (FRSH) as of Q4 2023, up from 226 in Q3 2023.
  • Funds reported $4.09B of Freshworks stock for Q4 2023, up 35% quarter-over-quarter.
  • 44 funds opened new Freshworks positions in Q4 2023 and 29 closed out, a net change of +15 holders.
  • The largest Freshworks buyer in Q4 2023 was Morgan Stanley, an estimated $52.5M added.
  • The largest Freshworks seller in Q4 2023 was Voloridge Investment Management, an estimated $18.5M sold.

Based on aggregated 13F filings for Q4 2023.