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Freshworks

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: 59 (+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: 175183 (+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
Name Holding Trade Value Shares
Change
Change in
Stake
ProShare Advisors
126
ProShare Advisors
Maryland
$371K +$317K +21,085 New
CSPAM
127
Cary Street Partners Asset Management
Virginia
$357K
CC
128
Centiva Capital
New York
$346K +$296K +19,704 New
Principal Financial Group
129
Principal Financial Group
Iowa
$336K -$3.24M -215,163 -92%
DIM
130
DC Investments Management
Virginia
$332K
TFA
131
Toth Financial Advisory
Virginia
$313K +$268K +17,825 New
Prudential Financial
132
Prudential Financial
New Jersey
$306K +$262K +17,414 New
American Century Companies
133
American Century Companies
Missouri
$300K +$13.1K +871 +5%
AIM
134
Allen Investment Management
New York
$294K
DU
135
Delphia (USA)
Ontario, Canada
$294K +$81.2K +5,396 +48%
NC
136
NinePointTwo Capital
California
$293K +$251K +16,701 New
PAMS
137
Pictet Asset Management (Switzerland)
Switzerland
$289K
QT
138
Quantamental Technologies
New York
$280K +$239K +15,900 New
FRA
139
Frank Rimerman Advisors
California
$278K +$238K +15,792 New
Verition Fund Management
140
Verition Fund Management
Connecticut
$273K -$683K -45,389 -75%
CGL
141
Clarius Group LLC
Washington
$268K +$752 +50 +0.3%
Walleye Capital
142
Walleye Capital
New York
$264K +$226K +14,994 New
Handelsbanken Fonder
143
Handelsbanken Fonder
Sweden
$255K +$218K +14,500 New
Victory Capital Management
144
Victory Capital Management
Texas
$254K -$5.08K -338 -2%
PI
145
PFS Investments
Georgia
$254K +$21K +1,395 +11%
AIP
146
Ameritas Investment Partners
Nebraska
$235K +$201K +13,387 New
Royal Bank of Canada
147
Royal Bank of Canada
Ontario, Canada
$232K +$157K +10,450 +380%
LPL Financial
148
LPL Financial
California
$204K +$175K +11,612 New
ANTB
149
AMG National Trust Bank
Colorado
$201K
State of Wisconsin Investment Board
150
State of Wisconsin Investment Board
Wisconsin
$196K -$107K -7,106 -39%

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.