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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
Principal Financial Group
51
Principal Financial Group
Iowa
$12M +$3.52M +177,836 +53%
1832 Asset Management
52
1832 Asset Management
Ontario, Canada
$11.2M
CIBC Private Wealth Group
53
CIBC Private Wealth Group
Georgia
$10.3M +$464K +23,428 +6%
GGHC
54
Gilder Gagnon Howe & Co
New York
$9.18M +$7.53M +380,555 +3,792%
Prudential Financial
55
Prudential Financial
New Jersey
$8.61M -$432K -21,854 -6%
MGIM
56
M&G Investment Management
United Kingdom
$8.13M +$551K +27,821 +9%
VOYA Investment Management
57
VOYA Investment Management
Georgia
$8.01M +$1.3M +65,679 +24%
Two Sigma Investments
58
Two Sigma Investments
New York
$7.87M -$9.77M -493,723 -60%
Squarepoint
59
Squarepoint
New York
$7.42M -$7.54M -380,943 -55%
JP Morgan Chase
60
JP Morgan Chase
New York
$7.32M -$2.12M -107,309 -26%
Bank of America
61
Bank of America
North Carolina
$7.03M +$1.53M +77,302 +35%
LCG
62
Lisanti Capital Growth
New York
$6.98M -$3.06M -154,835 -34%
Swiss National Bank
63
Swiss National Bank
Switzerland
$6.97M -$338K -17,100 -5%
TI
64
Trexquant Investment
Connecticut
$6.83M -$133K -6,700 -2%
Jane Street
65
Jane Street
New York
$6.68M +$5.63M +284,291 New
PL
66
Portman Ltd
Cayman Islands
$6.32M +$5.32M +268,956 New
CM
67
Castleark Management
Illinois
$6.28M -$6.33K -320 -0.1%
Barclays
68
Barclays
United Kingdom
$6.07M +$3.92M +197,898 +327%
NIP
69
Nicholas Investment Partners
California
$5.87M +$784K +39,615 +19%
DM
70
Diker Management
New York
$5.78M -$77.3K -3,904 -2%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
71
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$5.78M -$1.98M -100,000 -29%
First Trust Advisors
72
First Trust Advisors
Illinois
$5.69M -$446K -22,544 -9%
GA
73
Gagnon Advisors
New York
$5.56M
SAM
74
SP Asset Management
California
$5.44M -$514K -26,000 -10%
AQR Capital Management
75
AQR Capital Management
Connecticut
$5.4M +$3.04M +153,565 +201%

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.