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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
Calamos Advisors
151
Calamos Advisors
Illinois
$525K +$523K +26,339 New
Capstone Investment Advisors
152
Capstone Investment Advisors
New York
$510K +$508K +25,579 New
Teacher Retirement System of Texas
153
Teacher Retirement System of Texas
Texas
$502K +$289K +14,526 +136%
AB
154
Amalgamated Bank
New York
$495K +$5.33K +268 +1%
N
155
Numerai
California
$486K +$485K +24,382 New
SOW
156
State of Wyoming
Wyoming
$454K -$56.4K -2,840 -11%
American Century Companies
157
American Century Companies
Missouri
$454K +$113K +5,708 +33%
ACM
158
Aquatic Capital Management
Illinois
$448K +$447K +22,500 New
Royal Bank of Canada
159
Royal Bank of Canada
Ontario, Canada
$445K +$182K +9,162 +69%
Public Employees Retirement Association of Colorado
160
Public Employees Retirement Association of Colorado
Colorado
$428K
KOCAA
161
Knights of Columbus Asset Advisors
Connecticut
$421K +$420K +21,120 New
ProShare Advisors
162
ProShare Advisors
Maryland
$419K -$517 -26 -0.1%
AR
163
Advisory Research
Illinois
$414K +$414K +20,808 New
HCA
164
Harbor Capital Advisors
Illinois
$409K -$112K -5,635 -22%
CC
165
Corton Capital
Ontario, Canada
$400K -$246K -12,359 -38%
VF
166
Virtu Financial
New York
$377K +$376K +18,922 New
DIM
167
DC Investments Management
Virginia
$377K
CAPTRUST Financial Advisors
168
CAPTRUST Financial Advisors
North Carolina
$364K +$363K +18,278 New
Aberdeen Group
169
Aberdeen Group
United Kingdom
$364K +$363K +18,259 New
Citigroup
170
Citigroup
New York
$359K -$1.27M -63,976 -78%
TFA
171
Toth Financial Advisory
Virginia
$355K
Allspring Global Investments
172
Allspring Global Investments
North Carolina
$327K +$326K +16,414 New
Victory Capital Management
173
Victory Capital Management
Texas
$323K +$34.8K +1,750 +12%
AIP
174
Ameritas Investment Partners
Nebraska
$321K +$54.1K +2,720 +20%
State of Wisconsin Investment Board
175
State of Wisconsin Investment Board
Wisconsin
$321K +$98.3K +4,947 +44%

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.