Freshworks
FRSH
239 hedge funds and large institutions have $4.01B invested in Freshworks in 2023 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 84 increasing their positions, 76 reducing their positions, and 29 closing their positions.
90% more call options, than puts
Call options by funds: $19.8M | Put options by funds: $10.4M
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
52% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 29
32% more capital invested
Capital invested by funds: $3.03B → $4.01B (+$984M)
11% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 76
6% more funds holding
Funds holding: 226 → 239 (+13)
5.13% more ownership
Funds ownership: 79.41% → 84.54% (+5.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$33.6M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$30.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.4M |
| 4 |
BlackRock
New York
|
+$22.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Voloridge Investment Management
Jupiter,
Florida
|
-$18.5M |
| 2 |
Morgan Stanley
New York
|
-$13.2M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$9.82M |
| 4 |
Two Sigma Investments
New York
|
-$9.77M |
| 5 |
D.E. Shaw & Co
New York
|
-$9.44M |
FRSH Hedge Fund Activity: Q4 2023 in Review
239 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Freshworks (FRSH) for Q4 2023, worth a combined $4.01B — up 32% from $3.03B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new FRSH positions and 29 closed out — a net gain of 15 holders — while 84 added to existing stakes and 76 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $33.6M. The largest seller was Voloridge Investment Management, cutting an estimated $18.5M.
- 239 institutional investors held Freshworks (FRSH) as of Q4 2023, up from 226 in Q3 2023.
- Funds reported $4.01B of Freshworks stock for Q4 2023, up 32% quarter-over-quarter.
- 44 funds opened new Freshworks positions in Q4 2023 and 29 closed out, a net change of +15 holders.
- The largest Freshworks buyer in Q4 2023 was Deutsche Bank, an estimated $33.6M added.
- The largest Freshworks seller in Q4 2023 was Voloridge Investment Management, an estimated $18.5M sold.
Based on aggregated 13F filings for Q4 2023.