FIGS
FIGS
202 hedge funds and large institutions have $966M invested in FIGS in 2023 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 73 increasing their positions, 52 reducing their positions, and 32 closing their positions.
470% more call options, than puts
Call options by funds: $10.9M | Put options by funds: $1.91M
44% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 32
40% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 52
40% more capital invested
Capital invested by funds: $689M → $966M (+$276M)
13.43% more ownership
Funds ownership: 72.78% → 86.21% (+13%)
6% more funds holding
Funds holding: 190 → 202 (+12)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$56.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$15.5M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$11.6M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$11.1M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$8.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.3M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$3.87M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.06M |
| 4 |
DFCM
Dark Forest Capital Management
San Juan,
Puerto Rico
|
-$1.95M |
| 5 |
D.E. Shaw & Co
New York
|
-$1.76M |
FIGS Hedge Fund Activity: Q4 2023 in Review
202 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q4 2023, worth a combined $966M — up 40% from $689M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new FIGS positions and 32 closed out — a net gain of 14 holders — while 73 added to existing stakes and 52 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $56.4M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $11.3M sold.
- 202 institutional investors held FIGS (FIGS) as of Q4 2023, up from 190 in Q3 2023.
- Funds reported $966M of FIGS stock for Q4 2023, up 40% quarter-over-quarter.
- 46 funds opened new FIGS positions in Q4 2023 and 32 closed out, a net change of +14 holders.
- The largest FIGS buyer in Q4 2023 was Morgan Stanley, an estimated $56.4M added.
- The largest FIGS seller in Q4 2023 was Balyasny Asset Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q4 2023.