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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
JP Morgan Chase
51
JP Morgan Chase
New York
$8.34M -$1.39M -69,838 -14%
CIBC Private Wealth Group
52
CIBC Private Wealth Group
Georgia
$8.23M -$31.2K -1,572 -0.4%
Prudential Financial
53
Prudential Financial
New Jersey
$7.73M +$7.37M +370,773 +2,129%
TC
54
TwinBeech Capital
New York
$7.12M +$7.11M +357,510 New
HP
55
Hound Partners
New York
$7.09M -$85K -4,275 -1%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
56
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$6.89M +$6.88M +346,000 New
Principal Financial Group
57
Principal Financial Group
Iowa
$6.64M +$6.24M +314,174 +1,642%
MGIM
58
M&G Investment Management
United Kingdom
$6.51M +$6.47M +325,569 New
Swiss National Bank
59
Swiss National Bank
Switzerland
$6.25M +$133K +6,700 +2%
TI
60
Trexquant Investment
Connecticut
$5.93M -$1.88M -94,736 -24%
VOYA Investment Management
61
VOYA Investment Management
Georgia
$5.49M +$4.22M +212,264 +336%
CM
62
Castleark Management
Illinois
$5.33M +$5.32M +267,520 New
First Trust Advisors
63
First Trust Advisors
Illinois
$5.27M +$3.21M +161,298 +156%
OWP
64
Old Well Partners
North Carolina
$5.24M -$1.21M -60,700 -19%
WMSA
65
Weiss Multi-Strategy Advisers
New York
$5.18M +$5.17M +260,000 New
SAM
66
SP Asset Management
California
$5.13M -$1.58M -79,500 -24%
DM
67
Diker Management
New York
$4.98M +$1.99M +100,000 +67%
New York State Common Retirement Fund
68
New York State Common Retirement Fund
New York
$4.89M +$3.61M +181,465 +284%
GA
69
Gagnon Advisors
New York
$4.71M
Alyeska Investment Group
70
Alyeska Investment Group
Illinois
$4.66M +$4.65M +234,141 New
Goldman Sachs
71
Goldman Sachs
New York
$4.58M -$4.36M -219,514 -49%
QT
72
Quantbot Technologies
New York
$4.56M +$3.52M +177,097 +341%
RhumbLine Advisers
73
RhumbLine Advisers
Massachusetts
$4.46M +$221K +11,115 +5%
Bank of America
74
Bank of America
North Carolina
$4.42M -$770K -38,761 -15%
GIPM
75
G2 Investment Partners Management
New York
$4.33M +$4.32M +217,200 New

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.