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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
Mackenzie Financial
201
Mackenzie Financial
Ontario, Canada
$188K
SC
202
Sapient Capital
Indiana
$183K -$62.1K -3,000 -23%
SG Americas Securities
203
SG Americas Securities
New York
$179K +$204K +9,854 New
MLICM
204
Metropolitan Life Insurance Company (MetLife)
New York
$162K -$9.95K -481 -5%
PHK
205
Point72 Hong Kong
Hong Kong
$156K +$177K +8,577 New
ACM
206
Aquatic Capital Management
Illinois
$148K +$26.9K +1,300 +19%
Royal Bank of Canada
207
Royal Bank of Canada
Ontario, Canada
$132K -$948K -45,836 -86%
DekaBank Deutsche Girozentrale
208
DekaBank Deutsche Girozentrale
Germany
$106K -$101K -4,900 -45%
AB
209
Amalgamated Bank
New York
$100K -$367K -17,754 -76%
DAM
210
Delta Asset Management
Tennessee
$92.6K
EC
211
EntryPoint Capital
New York
$82.1K +$93.3K +4,507 New
KBC Group
212
KBC Group
Belgium
$63K
AAM
213
Advisors Asset Management
Colorado
$54.1K +$15.7K +757 +34%
CMBA
214
C.M. Bidwell & Associates
Hawaii
$41.4K -$207 -10 -0.4%
Nisa Investment Advisors
215
Nisa Investment Advisors
Missouri
$31.2K +$2.83K +137 +9%
QL
216
Quarry LP
New York
$30.6K +$11.1K +538 +47%
TRCT
217
Tower Research Capital (TRC)
New York
$28.9K -$684K -33,062 -95%
LSA
218
Leonteq Securities AG
Switzerland
$28K +$31.8K +1,535 New
C
219
Covestor
United Kingdom
$21K -$61.1K -2,954 -72%
LC
220
Lindbrook Capital
California
$14.8K
PNC Financial Services Group
221
PNC Financial Services Group
Pennsylvania
$14.5K +$2.57K +124 +19%
SWS
222
SYSTM Wealth Solutions
Illinois
$14.4K +$16.4K +793 New
AWM
223
Avior Wealth Management
Nebraska
$13.3K +$15.1K +731 New
MIFH
224
Migdal Insurance & Financial Holdings
Israel
$13K +$3.46K +167 +30%
Walleye Trading
225
Walleye Trading
New York
$12.2K -$643K -31,095 -98%

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.