Freshworks
FRSH
148 hedge funds and large institutions have $1.45B invested in Freshworks in 2022 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 57 increasing their positions, 30 reducing their positions, and 26 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 30
82% more call options, than puts
Call options by funds: $21.1M | Put options by funds: $11.6M
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
20% more capital invested
Capital invested by funds: $1.2B → $1.45B (+$245M)
19% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 26
3% more funds holding
Funds holding: 144 → 148 (+4)
8.37% less ownership
Funds ownership: 87.4% → 79.03% (-8.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
WestBridge Capital Management
Trianon,
Mauritius
|
+$145M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$48.9M |
| 3 |
SCM
Scopia Capital Management
New York
|
+$39.2M |
| 4 |
Tiger Global Management
New York
|
+$31.7M |
| 5 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$28.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$42.4M |
| 2 |
Morgan Stanley
New York
|
-$21.8M |
| 3 |
Goldman Sachs
New York
|
-$6.43M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.71M |
| 5 |
Renaissance Technologies
New York
|
-$5.2M |
FRSH Hedge Fund Activity: Q3 2022 in Review
148 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Freshworks (FRSH) for Q3 2022, worth a combined $1.45B — up 20% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new FRSH positions and 26 closed out — a net gain of 5 holders — while 57 added to existing stakes and 30 trimmed.
The largest buyer was WestBridge Capital Management, adding an estimated $145M. The largest seller was JP Morgan Chase, cutting an estimated $42.4M.
- 148 institutional investors held Freshworks (FRSH) as of Q3 2022, up from 144 in Q2 2022.
- Funds reported $1.45B of Freshworks stock for Q3 2022, up 20% quarter-over-quarter.
- 31 funds opened new Freshworks positions in Q3 2022 and 26 closed out, a net change of +5 holders.
- The largest Freshworks buyer in Q3 2022 was WestBridge Capital Management, an estimated $145M added.
- The largest Freshworks seller in Q3 2022 was JP Morgan Chase, an estimated $42.4M sold.
Based on aggregated 13F filings for Q3 2022.