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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
PCM
151
Parsons Capital Management
Rhode Island
$194K
SG Americas Securities
152
SG Americas Securities
New York
$192K +$23K +1,526 +16%
LOAMU
153
Lombard Odier Asset Management (USA)
New York
$190K +$163K +10,808 New
Man Group
154
Man Group
United Kingdom
$189K +$161K +10,728 New
Teacher Retirement System of Texas
155
Teacher Retirement System of Texas
Texas
$188K -$81.8K -5,441 -34%
SEI Investments
156
SEI Investments
Pennsylvania
$186K +$159K +10,573 New
Envestnet Asset Management
157
Envestnet Asset Management
Illinois
$186K -$316 -21 -0.2%
Mackenzie Financial
158
Mackenzie Financial
Ontario, Canada
$182K +$155K +10,318 New
Amundi
159
Amundi
France
$161K
MLICM
160
Metropolitan Life Insurance Company (MetLife)
New York
$156K +$134K +8,889 New
CMF
161
Counterpoint Mutual Funds
California
$92.6K +$79.2K +5,266 New
DAM
162
Delta Asset Management
Tennessee
$89.4K
LFM
163
Lumina Fund Management
New York
$88K
BAMF
164
BI Asset Management Fondsmaeglerselskab
Denmark
$65K +$55.9K +3,718 New
Nisa Investment Advisors
165
Nisa Investment Advisors
Missouri
$52.3K +$44.7K +2,975 New
CMBA
166
C.M. Bidwell & Associates
Hawaii
$40.2K
QL
167
Quarry LP
New York
$34.8K +$29.8K +1,978 New
TRCT
168
Tower Research Capital (TRC)
New York
$26.8K -$126K -8,359 -85%
LC
169
Lindbrook Capital
California
$16K
PNC Financial Services Group
170
PNC Financial Services Group
Pennsylvania
$11.4K +$9.76K +649 New
MIFH
171
Migdal Insurance & Financial Holdings
Israel
$11K -$30 -2 -0.3%
AAM
172
Advisors Asset Management
Colorado
$6.17K
NFSG
173
Newbridge Financial Services Group
Florida
$5.89K -$7.82K -520 -61%
WTA
174
Washington Trust Advisors
Massachusetts
$5.77K
EL
175
EMFO LLC
Florida
$5.4K

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.