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Freshworks

249 hedge funds and large institutions have $3.49B invested in Freshworks in 2024 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 90 increasing their positions, 71 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 42

27% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 71

4% more funds holding

Funds holding: 239249 (+10)

1.76% more ownership

Funds ownership: 86.19%87.95% (+1.8%)

15% less capital invested

Capital invested by funds: $4.09B → $3.49B (-$604M)

18% less call options, than puts

Call options by funds: $19M | Put options by funds: $23M

27% less funds holding in top 10

Funds holding in top 10: 118 (-3)

Holders
249
Holders Change
+10
Holders Change %
+4.18%
% of All Funds
3.59%
Holding in Top 10
8
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-27.27%
% of All Funds
0.12%
New
54
Increased
90
Reduced
71
Closed
42
Calls
$19M
Puts
$23M
Net Calls
-$4.06M
Net Calls Change
-$13.4M
Name Holding Trade Value Shares
Change
Change in
Stake
DM
176
Deerfield Management
New York
$292K +$332K +16,036 New
FRA
177
Frank Rimerman Advisors
California
$288K
CGL
178
Clarius Group LLC
Washington
$277K
Teacher Retirement System of Texas
179
Teacher Retirement System of Texas
Texas
$273K -$284K -13,730 -48%
Mariner
180
Mariner
Kansas
$271K +$308K +14,888 New
GT
181
Glenmede Trust
Pennsylvania
$267K -$459K -22,168 -60%
CSPAM
182
Cary Street Partners Asset Management
Virginia
$263K
CSPIA
183
Cary Street Partners Investment Advisory
Virginia
$263K
Allspring Global Investments
184
Allspring Global Investments
North Carolina
$250K +$24K +1,160 +9%
MC
185
Maverick Capital
Texas
$243K +$276K +13,360 New
LPL Financial
186
LPL Financial
California
$238K +$43K +2,077 +19%
GCP
187
GSA Capital Partners
United Kingdom
$232K +$263K +12,731 New
IMC Chicago
188
IMC Chicago
Illinois
$231K +$262K +12,683 New
UOC
189
UBS O'Connor
Illinois
$228K -$466K -22,500 -64%
JAM
190
Jupiter Asset Management
United Kingdom
$214K +$243K +11,758 New
Susquehanna International Group
191
Susquehanna International Group
Pennsylvania
$214K -$847K -40,937 -78%
Walleye Capital
192
Walleye Capital
New York
$212K -$305K -14,729 -56%
ANTB
193
AMG National Trust Bank
Colorado
$208K
LOAMU
194
Lombard Odier Asset Management (USA)
New York
$207K +$235K +11,353 New
QCM
195
QRG Capital Management
Illinois
$205K +$233K +11,265 New
Wealth Enhancement Advisory Services
196
Wealth Enhancement Advisory Services
Minnesota
$202K -$3.23K -156 -1%
PCM
197
Parsons Capital Management
Rhode Island
$201K
SC
198
Steph & Co
Wisconsin
$201K +$228K +11,012 New
HFS
199
Hantz Financial Services
Michigan
$197K +$224K +10,820 New
Amundi
200
Amundi
France
$192K -$24.1K -1,166 -10%

FRSH Hedge Fund Activity: Q1 2024 in Review

249 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Freshworks (FRSH) for Q1 2024, worth a combined $3.49B — down 15% from $4.09B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new FRSH positions and 42 closed out — a net gain of 12 holders — while 90 added to existing stakes and 71 trimmed.

The largest buyer was Alphabet Inc, adding an estimated $172M. The largest seller was Morgan Stanley, cutting an estimated $60.5M.

  • 249 institutional investors held Freshworks (FRSH) as of Q1 2024, up from 239 in Q4 2023.
  • Funds reported $3.49B of Freshworks stock for Q1 2024, down 15% quarter-over-quarter.
  • 54 funds opened new Freshworks positions in Q1 2024 and 42 closed out, a net change of +12 holders.
  • The largest Freshworks buyer in Q1 2024 was Alphabet Inc, an estimated $172M added.
  • The largest Freshworks seller in Q1 2024 was Morgan Stanley, an estimated $60.5M sold.

Based on aggregated 13F filings for Q1 2024.