FRSH Freshworks Inc.
Executive Summary
Eleven tracked institutions in 2025-Q4 showed strong net buying in Freshworks, with 6 buyers accumulating $83.9M in new/higher positions (including a new $31.9M stake by Norges Bank and a $16.4M new position by Point72) against 2 sellers reducing by $23.1M (led by D.E. Shaw trimming $18.5M). The directional signal from active/quant managers (Point72, Two Sigma entering or adding) alongside sovereign and mega-passive inflows suggests a shared post-earnings growth thesis, but the 45-day 13F disclosure lag and past calibration showing negative net alpha for scores 6-9 in this filing type cap the conviction of a near-term trade.
Key Financial Metrics
Institutional Positions
Net institutional flow: $60.8M
▲ Buyers (6)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Fidelity | DOUBLED | +395.1% | $6.2M | $5.0M |
| BofA | ADD | +66.1% | $25.7M | $10.8M |
| Norges Bank | NEW | +100% | $31.9M | $31.9M |
| Morgan Stanley | ADD | +86.5% | $30.8M | $14.9M |
| Two Sigma | ADD | +38.8% | $15.7M | $4.8M |
| Point72 | NEW | +100% | $16.4M | $16.4M |
▼ Sellers (2)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| D.E. Shaw | TRIM | -31.1% | $65.3M | -$18.5M |
| Ameriprise Financial | NEAR_EXIT | -76.4% | $6.1M | -$4.6M |
Actionable Insight
The cluster documents a credible vote of confidence from a mix of sovereign (Norges), active/quant (Point72, Two Sigma), and passive scale funds post-Freshworks' Q4 2025 results. The 45-day reporting lag means the disclosed quarter-end positions may already be stale; watch for subsequent insider or 13F amendments to confirm sustained momentum. If the stock has underperformed since quarter-end, the scale of this inflow could offer a floor on pullbacks. Near-term upside catalyst would require a positive forward guidance event or product announcement to re-energize the thesis.
Key Facts
- 6 institutional buyers added $83.9M net vs 2 sellers reducing $23.1M, for net buying of approximately $60.8M
- Norges Bank (sovereign) initiated a new $31.9M position — largest single buyer in the cluster
- Point72 (quant/active) initiated a new $16.4M position, signaling directional conviction from a well-known alpha-seeking fund
- D.E. Shaw (quant) trimmed 31.1% of its holding, reducing by $18.5M — the largest seller, but retains $46.9M position
- Passive/mega-passive funds (Fidelity, BofA, Morgan Stanley) accounted for $30.7M of total buying, suggesting index-based or blended rebalancing alongside active bets
Financial Impact
Net institutional accumulation of ~$60.8M across 6 buyers vs 2 sellers, with total buyer positions at $126.6M and seller reductions at $23.1M
Risk Factors
- 13F data is backward-looking (45-day lag) — positions may have been partially or fully unwound already
- Score calibration data shows negative net alpha for directional reports on this filing type at scores 6 and 7, with average net alpha of -1.13% after trading costs
- D.E. Shaw's trimming alongside broad buying creates a subtle divergence signal from one of the more historically accurate quant funds in this name
Market Snapshot
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-FRSH-2025-Q4 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
9d ago
|
Institutional Cluster
| $9.22 $8.98 | ▼ −2.60% | ▼ −3.04% | — |
|
May 5, 2026
6w ago
|
8-K
| $8.89 $8.50 | ▼ −4.39% | ▼ −5.52% | — |
|
Mar 5, 2026
15w ago
|
8-K
| $8.63 $8.13 | ▼ −5.79% | ▼ −4.27% | — |
|
Mar 2, 2026
15w ago
|
Insider Cluster
| $8.08 $8.39 | ▲ +3.84% | ▲ +5.04% | — |
|
Feb 26, 2026
16w ago
|
8-K
| $7.96 $8.62 | ▲ +8.29% | ▲ +9.42% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access