Freshworks
FRSH
175 hedge funds and large institutions have $1.85B invested in Freshworks in 2023 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 58 increasing their positions, 38 reducing their positions, and 26 closing their positions.
133% more call options, than puts
Call options by funds: $9.49M | Put options by funds: $4.08M
100% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 26
53% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 38
17% more funds holding
Funds holding: 149 → 175 (+26)
0% more capital invested
Capital invested by funds: $1.84B → $1.85B (+$7.21M)
6.35% less ownership
Funds ownership: 77.62% → 71.28% (-6.3%)
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
WestBridge Capital Management
Trianon,
Mauritius
|
+$41.6M |
| 2 |
Millennium Management
New York
|
+$16.8M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$12.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$10.6M |
| 5 |
Goldman Sachs
New York
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
AMANSA Capital
Raffles City Tower,
Singapore
|
-$78.8M |
| 2 |
HP
Hound Partners
New York
|
-$26.2M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$20.4M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$17.3M |
| 5 |
HIG
Herr Investment Group
Austin,
Texas
|
-$16.7M |
FRSH Hedge Fund Activity: Q1 2023 in Review
175 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Freshworks (FRSH) for Q1 2023, worth a combined $1.85B — up 0.39% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new FRSH positions and 26 closed out — a net gain of 26 holders — while 58 added to existing stakes and 38 trimmed.
The largest buyer was WestBridge Capital Management, adding an estimated $41.6M. The largest seller was AMANSA Capital, exiting entirely with an estimated $78.8M sold.
- 175 institutional investors held Freshworks (FRSH) as of Q1 2023, up from 149 in Q4 2022.
- Funds reported $1.85B of Freshworks stock for Q1 2023, up 0.39% quarter-over-quarter.
- 52 funds opened new Freshworks positions in Q1 2023 and 26 closed out, a net change of +26 holders.
- The largest Freshworks buyer in Q1 2023 was WestBridge Capital Management, an estimated $41.6M added.
- The largest Freshworks seller in Q1 2023 was AMANSA Capital, an estimated $78.8M sold.
Based on aggregated 13F filings for Q1 2023.