FRESHWORKS INC FRSH
CLASS A COM · Common Stock · CUSIP 358054104 · ISIN US3580541049
Customer service software company
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersSan Mateo, CA
- Websitefreshworks.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($11.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $15.05. Options: 14 managers hold calls ($55.4m notional), 9 hold puts ($6.1m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 148 |
| Q4 2022 | 150 |
| Q1 2023 | 177 |
| Q2 2023 | 184 |
| Q3 2023 | 227 |
| Q4 2023 | 240 |
| Q1 2024 | 250 |
| Q2 2024 | 237 |
| Q3 2024 | 253 |
| Q4 2024 | 281 |
| Q1 2025 | 301 |
| Q2 2025 | 298 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 136 | 70 |
| Q4 2023 | 123 | 103 |
| Q1 2024 | 141 | 112 |
| Q2 2024 | 134 | 120 |
| Q3 2024 | 136 | 110 |
| Q4 2024 | 168 | 112 |
| Q1 2025 | 175 | 123 |
| Q2 2025 | 172 | 138 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $9.5m | $3.8m | 0.39 |
| Q4 2024 | $34.5m | $12.8m | 0.37 |
| Q1 2025 | $26.1m | $9.3m | 0.36 |
| Q2 2025 | $55.4m | $6.1m | 0.11 |
Biggest buyers
| EMINENCE CAPITAL, LP | Added | +2.1m |
| Squarepoint Ops LLC | Added | +1.4m |
| Point72 Asset Management, L.P. | New | +1.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.0m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +991.4k |
| D. E. Shaw & Co., Inc. | Added | +896.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +659.8k |
| Cubist Systematic Strategies, LLC | New | +636.4k |
| Whetstone Capital Advisors, LLC | New | +492.2k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +491.4k |
Biggest sellers
| Driehaus Capital Management LLC | Sold out | -2.4m |
| Artisan Partners Limited Partnership | Sold out | -1.9m |
| J. Goldman & Co LP | Sold out | -1.3m |
| CITADEL ADVISORS LLC | Reduced | -1.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -881.7k |
| AMERIPRISE FINANCIAL INC | Reduced | -835.1k |
| NORGES BANK | Reduced | -831.6k |
| Trexquant Investment LP | Reduced | -781.8k |
| WFM ASIA (BVI) Ltd | Sold out | -700.0k |
| TUDOR INVESTMENT CORP ET AL | Sold out | -619.9k |
Biggest calls
| PEAK6 LLC | Added | $24.8m1.7m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $17.2m1.2m shares |
| Verition Fund Management LLC | New | $3.0m200.1k shares |
| GROUP ONE TRADING LLC | Reduced | $2.0m132.9k shares |
| CITADEL ADVISORS LLC | Reduced | $1.9m125.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.7m113.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.2m79.5k shares |
| IMC-Chicago, LLC | Added | $815.6k54.7k shares |
| BARCLAYS PLC | Unchanged | $745.5k50.0k shares |
| Walleye Trading LLC | Reduced | $673.9k45.2k shares |
Biggest puts
| JANE STREET GROUP, LLC | Reduced | $2.8m187.6k shares |
| CITADEL ADVISORS LLC | Reduced | $1.9m129.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $556.1k37.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $501.0k33.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $183.8k12.4k shares |
| GROUP ONE TRADING LLC | Reduced | $59.6k4.0k shares |
| Walleye Trading LLC | Added | $34.3k2.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $14.0k1.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Accel Leaders Fund L.P. 13G · exempt (held before listing) -2.1 pts · filed 2025-05-13 | 7.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 9 | $53.9m | $53.9m |
| Q4 2023 | 0 | — | 6 | $6.2m | $6.0m |
| Q1 2024 | 0 | — | 5 | $11.0m | $11.0m |
| Q2 2024 | 0 | — | 5 | $990.7k | $990.7k |
| Q3 2024 | 0 | — | 4 | $995.9k | $995.9k |
| Q4 2024 | 0 | — | 6 | $40.0m | $40.0m |
| Q1 2025 | 0 | — | 6 | $1.6m | $1.6m |
| Q2 2025 | 0 | — | 7 | $3.1m | $3.1m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-11 | Mathrubootham Rathnagirish EXECUTIVE CHAIRMAN, director | Sold plan | $1.1m71.0k shares |
| 2025-06-10 | Mathrubootham Rathnagirish EXECUTIVE CHAIRMAN, director | Sold plan | $892.8k55.8k shares |
| 2025-06-10 | Taylor Jennifer H Director | Sold plan | $74.7k4.7k shares |
| 2025-06-09 | Flower Johanna Director | Sold plan | $61.0k3.8k shares |
| 2025-06-09 | Mathrubootham Rathnagirish EXECUTIVE CHAIRMAN, director | Sold plan | $54.2k3.4k shares |
| 2025-06-04 | Yamamoto Mika CHIEF CUST & MARKETING OFFICER | Sold plan | $27.4k1.8k shares |
| 2025-06-02 | NELSON ZACHARY Director | Sold plan | $127.5k8.4k shares |
| 2025-06-02 | Yamamoto Mika CHIEF CUST & MARKETING OFFICER | Sold plan | $54.1k3.6k shares |
| 2025-05-30 | PADGETT BARRY L. Director | Sold plan | $11.7k780 shares |
| 2025-05-12 | Taylor Jennifer H Director | Sold plan | $72.2k4.7k shares |
| 2025-05-09 | AUSTIN ROXANNE S Director | Sold plan | $93.0k6.3k shares |
| 2025-05-06 | PADGETT BARRY L. Director | Sold plan | $11.1k780 shares |
| 2025-05-05 | Yamamoto Mika CHIEF CUST & MARKETING OFFICER | Sold plan | $52.4k3.6k shares |
| 2025-05-02 | NELSON ZACHARY Director | Sold plan | $123.9k8.4k shares |
| 2025-04-10 | Taylor Jennifer H Director | Sold plan | $59.1k4.7k shares |
| 2025-04-09 | AUSTIN ROXANNE S Director | Sold plan | $76.3k6.3k shares |
| 2025-04-02 | NELSON ZACHARY Director | Sold plan | $122.6k8.4k shares |
| 2025-04-01 | Yamamoto Mika CHIEF CUST & MARKETING OFFICER | Sold plan | $50.8k3.6k shares |
| 2025-04-01 | PADGETT BARRY L. Director | Sold plan | $11.0k780 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 26.5m $395.6m | Added +344.9k |
| BlackRock, Inc. 0.01% of their portfolio | 17.7m $263.8m | Reduced -50.9k |
| Alphabet Inc. 11.32% of their portfolio | 16.2m $241.6m | Unchanged |
| WestBridge Capital Management, LLC 100.00% of their portfolio | 13.4m $199.5m | Unchanged |
| Peak XV Partners Operations LLC 100.00% of their portfolio | 11.7m $204.0m | Unchanged |
| EMINENCE CAPITAL, LP 1.61% of their portfolio | 7.3m $109.4m | Added +2.1m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 5.4m $79.8m | Added +5.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.9m $72.4m | Added +75.7k |
| STATE STREET CORP 0.00% of their portfolio | 4.9m $72.3m | Added +101.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 4.5m $66.9m | Reduced -881.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 4.5m $66.8m | Added +1.0m |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.24% of their portfolio | 4.3m $64.5m | Added +373.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 3.3m $49.8m | Added +491.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.1m $45.6m | Added +61.9k |
| SC US (TTGP), LTD. 0.30% of their portfolio | 2.9m $43.0m | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 2.8m $42.0m | Added +309.1k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 2.6m $38.8m | Added +896.0k |
| MORGAN STANLEY 0.00% of their portfolio | 2.6m $38.3m | Added +126.7k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 2.5m $37.9m | Added +333.1k |
| Nuveen, LLC 0.01% of their portfolio | 2.4m $35.2m | Reduced -132.0k |
| MACQUARIE GROUP LTD 0.04% of their portfolio | 2.1m $31.8m | Reduced -153.8k |
| OBERWEIS ASSET MANAGEMENT INC/ 1.33% of their portfolio | 2.1m $30.6m | Added +322.3k |
| Topline Capital Management, LLC 4.94% of their portfolio | 1.9m $28.8m | Added +413.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.9m $27.8m | Reduced -79.0k |
| Squarepoint Ops LLC 0.06% of their portfolio | 1.8m $27.4m | Added +1.4m |
| IEQ CAPITAL, LLC 0.16% of their portfolio | 1.7m $25.4m | Added +15.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.7m $25.4m | Reduced -524.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.7m $25.3m | Added +57.0k |
| NORGES BANK 0.00% of their portfolio | 1.7m $25.1m | Reduced -831.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.6m $23.3m | Added +991.4k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.3m $19.6m | Added +53.0k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 1.2m $17.9m | Added +196.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $17.7m | Added +346.8k |
| Bridgewater Associates, LP 0.07% of their portfolio | 1.2m $17.2m | Added +223.6k |
| Optimus Prime Fund Management Co., Ltd. 1.67% of their portfolio | 1.1m $16.7m | Unchanged |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 1.1m $16.3m | New |
| PANAGORA ASSET MANAGEMENT INC 0.07% of their portfolio | 1.1m $16.1m | Added +20.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 1.0m $15.4m | Added +230.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.0m $15.3m | Added +659.8k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 1.0m $15.1m | Added +27.9k |
| Man Group plc 0.03% of their portfolio | 1.0m $14.9m | Added +87.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 969.9k $14.5m | Reduced -26.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.05% of their portfolio | 926.2k $13.8m | Added +263.5k |
| GAGNON SECURITIES LLC 2.80% of their portfolio | 924.6k $13.8m | Added +47.7k |
| WCM INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 898.1k $13.3m | Reduced -25.9k |
| FMR LLC 0.00% of their portfolio | 833.1k $12.4m | Reduced -55.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio | 830.1k $12.4m | Added +82.1k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 814.4k $12.1m | Reduced -1.2m |
| Trexquant Investment LP 0.11% of their portfolio | 680.3k $10.1m | Reduced -781.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 680.0k $10.1m | Reduced -835.1k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 636.4k $9.5m | New |
| ALGERT GLOBAL LLC 0.19% of their portfolio | 608.6k $9.1m | Added +78.8k |
| Dorsey & Whitney Trust CO LLC 0.46% of their portfolio | 589.6k $8.8m | Unchanged |
| CEERA INVESTMENTS, LLC 2.50% of their portfolio | 546.7k $8.2m | Added +91.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 509.5k $7.6m | Reduced -3.4k |
| WESTERLY CAPITAL MANAGEMENT, LLC 3.19% of their portfolio | 505.0k $7.5m | Added +5.0k |
| Pier Capital, LLC 1.13% of their portfolio | 498.1k $7.4m | Reduced -36.6k |
| Stanley-Laman Group, Ltd. 1.10% of their portfolio | 496.3k $7.4m | Reduced -52.9k |
| Whetstone Capital Advisors, LLC 2.07% of their portfolio | 492.2k $7.3m | New |
| Gagnon Advisors, LLC 4.71% of their portfolio | 470.4k $7.0m | Unchanged |
| GENERATION INVESTMENT MANAGEMENT LLP 0.04% of their portfolio | 468.5k $7.0m | Reduced -54.1k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 466.3k $7.0m | Added +50.8k |
| CIBC Private Wealth Group LLC 0.01% of their portfolio | 450.4k $6.7m | Reduced -21.3k |
| UBS Group AG 0.00% of their portfolio | 430.8k $6.4m | Added +107.1k |
| Jain Global LLC 0.10% of their portfolio | 430.6k $6.4m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 418.4k $6.2m | Reduced -49.3k |
| RENAISSANCE GROUP LLC 0.24% of their portfolio | 417.3k $6.2m | Added +97.1k |
| Clark Capital Management Group, Inc. 0.04% of their portfolio | 409.5k $6.1m | Added +37.5k |
| BARCLAYS PLC 0.00% of their portfolio | 404.8k $6.0m | Added +141.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 391.5k $5.8m | Reduced -105.4k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 388.4k $5.8m | Added +137.1k |
| PINEBRIDGE INVESTMENTS, L.P. 0.05% of their portfolio | 387.6k $5.8m | Reduced -77.8k |
| Edgestream Partners, L.P. 0.15% of their portfolio | 367.9k $5.5m | Added +324.3k |
| Verition Fund Management LLC 0.03% of their portfolio | 367.8k $5.5m | Added +260.6k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 367.2k $5.5m | Reduced -3.5k |
| Hillsdale Investment Management Inc. 0.20% of their portfolio | 365.5k $5.4m | Added +112.0k |
| Swiss National Bank 0.00% of their portfolio | 355.5k $5.3m | Reduced -5.6k |
| CAPITAL FUND MANAGEMENT S.A. 0.05% of their portfolio | 317.6k $4.7m | Added +53.9k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 304.8k $4.5m | Reduced -20.9k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 296.3k $4.4m | Reduced -188.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 267.9k $4.0m | Added +2.1k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 267.8k $4.0m | Added +9.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 259.8k $3.9m | Added +11.3k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 251.8k $3.8m | Added +4.2k |
| Invesco Ltd. 0.00% of their portfolio | 240.8k $3.6m | Added +77.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 240.1k $3.6m | Added +46.1k |
| Legal & General Group Plc 0.00% of their portfolio | 233.7k $3.5m | Added +18.0k |
| SP Asset Management LLC 0.27% of their portfolio | 218.0k $3.3m | Reduced -13.5k |
| Brevan Howard Capital Management LP 0.04% of their portfolio | 216.8k $3.2m | Added +20.9k |
| Oak Harvest Investment Services 0.38% of their portfolio | 205.6k $3.1m | Added +130.6k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 200.6k $3.0m | Added +9.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 199.5k $3.0m | Added +36.6k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 190.5k $2.8m | Added +102.5k |
| AXA S.A. 0.01% of their portfolio | 188.0k $2.8m | New |
| Jump Financial, LLC 0.03% of their portfolio | 172.8k $2.6m | Added +115.5k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 170.9k $2.5m | Reduced -46.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 166.3k $2.5m | Added +168 |
| Neo Ivy Capital Management 0.77% of their portfolio | 161.8k $2.4m | Added +161.6k |
| Graham Capital Management, L.P. 0.07% of their portfolio | 157.8k $2.4m | Added +92.8k |
| Engineers Gate Manager LP 0.03% of their portfolio | 144.9k $2.2m | Added +54.0k |