We are live on ! Find out more
FRSH icon

Freshworks
FRSH

183 hedge funds and large institutions have $2.42B invested in Freshworks in 2023 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 66 increasing their positions, 33 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 33

80% more funds holding in top 10

Funds holding in top 10: 5 → 9 (+4)

61% more call options, than puts

Call options by funds: $9.7M | Put options by funds: $6.02M

31% more capital invested

Capital invested by funds: $1.85B → $2.42B (+$574M)

21% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 38

10.68% more ownership

Funds ownership: 71.28% → 81.96% (+11%)

5% more funds holding

Funds holding: 175 → 183 (+8)

Holders
183
Holders Change
+8
Holders Change %
+4.57%
% of All Funds
2.87%
Holding in Top 10
9
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+80%
% of All Funds
0.14%
New
46
Increased
66
Reduced
33
Closed
38
Calls
$9.7M
Puts
$6.02M
Net Calls
+$3.68M
Net Calls Change
-$1.73M

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$122M
2
State Street
State Street
Massachusetts
+$35M
3
Jane Street
Jane Street
New York
+$31.6M
4
Citadel Advisors
Citadel Advisors
Florida
+$29.4M
5
Geode Capital Management
Geode Capital Management
Massachusetts
+$24.4M

Top Sellers

Rank Fund Capital Flow
1
PCH
Polar Capital Holdings
United Kingdom
-$37.2M
2
Tiger Global Management
Tiger Global Management
New York
-$22.3M
3
SFM
Soros Fund Management
New York
-$21.9M
4
SCM
Scopia Capital Management
New York
-$13.2M
5
Norges Bank
Norges Bank
Norway
-$13M
Name Holding Trade Value Shares
Change 		Change in
Stake
Wells Fargo
76
Wells Fargo
California
$2.29M +$1.1M +73,309 +129%
UBS AM
77
UBS AM
Illinois
$2.26M – – –
Invesco
78
Invesco
Georgia
$2.25M +$1.38M +91,802 +252%
Primecap Management
79
Primecap Management
California
$2.18M – – –
Holocene Advisors
80
Holocene Advisors
New York
$2.14M +$1.34M +89,263 +276%
BFM
81
Boothbay Fund Management
New York
$2.12M -$515K -34,272 -22%
DI
82
Dalton Investments
Nevada
$1.96M – – –
AG
83
Algert Global
California
$1.88M +$1.6M +106,690 New
First Trust Advisors
84
First Trust Advisors
Illinois
$1.82M +$434K +28,840 +39%
UBS Group
85
UBS Group
Switzerland
$1.69M +$1.37M +90,834 +1,658%
MIM
86
MetLife Investment Management
New Jersey
$1.51M +$1.29M +85,780 New
CAM
87
Crestone Asset Management
Colorado
$1.45M – – –
Citigroup
88
Citigroup
New York
$1.44M +$923K +61,348 +297%
AIG
89
American International Group
New York
$1.37M +$1.17M +78,032 New
Janus Henderson Group
90
Janus Henderson Group
United Kingdom
$1.3M -$2.33K -155 -0.2%
PCM
91
Penserra Capital Management
California
$1.26M +$1.08M +71,601 New
BCM
92
Bayesian Capital Management
New York
$1.16M +$356K +23,700 +56%
Manulife (Manufacturers Life Insurance)
93
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.15M +$982K +65,316 New
New York State Common Retirement Fund
94
New York State Common Retirement Fund
New York
$1.12M +$961K +63,900 New
Barclays
95
Barclays
United Kingdom
$1.12M +$867K +57,631 +930%
VOYA Investment Management
96
VOYA Investment Management
Georgia
$1.11M +$951K +63,218 New
RC
97
Renaissance Capital
Connecticut
$1.11M +$460K +30,587 +94%
SO
98
STRS Ohio
Ohio
$1.11M +$948K +63,000 New
QC
99
Quadrature Capital
United Kingdom
$1.1M +$941K +62,547 New
HIM
100
Herald Investment Management
United Kingdom
$1.07M – – –
2 3
4
5 6

FRSH Hedge Fund Activity: Q2 2023 in Review

183 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Freshworks (FRSH) for Q2 2023, worth a combined $2.42B — up 31% from $1.85B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new FRSH positions and 38 closed out — a net gain of 8 holders — while 66 added to existing stakes and 33 trimmed.

The largest buyer was BlackRock, adding an estimated $122M. The largest seller was Polar Capital Holdings, exiting entirely with an estimated $37.2M sold.

  • 183 institutional investors held Freshworks (FRSH) as of Q2 2023, up from 175 in Q1 2023.
  • Funds reported $2.42B of Freshworks stock for Q2 2023, up 31% quarter-over-quarter.
  • 46 funds opened new Freshworks positions in Q2 2023 and 38 closed out, a net change of +8 holders.
  • The largest Freshworks buyer in Q2 2023 was BlackRock, an estimated $122M added.
  • The largest Freshworks seller in Q2 2023 was Polar Capital Holdings, an estimated $37.2M sold.

Based on aggregated 13F filings for Q2 2023.