We are live on ! Find out more

240 hedge funds and large institutions have $1.59B invested in FIGS in 2026 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 88 increasing their positions, 69 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

859% more call options, than puts

Call options by funds: $18M | Put options by funds: $1.88M

28% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 69

2.36% more ownership

Funds ownership: 95.76%98.12% (+2.4%)

9% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 45

0% less funds holding

Funds holding: 241240 (-1)

29% less capital invested

Capital invested by funds: $2.24B → $1.59B (-$641M)

75% less funds holding in top 10

Funds holding in top 10: 41 (-3)

Holders
240
Holders Change
-1
Holders Change %
-0.41%
% of All Funds
2.9%
Holding in Top 10
1
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-75%
% of All Funds
0.01%
New
49
Increased
88
Reduced
69
Closed
45
Calls
$18M
Puts
$1.88M
Net Calls
+$16.1M
Net Calls Change
-$12.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BCIM
26
Black Creek Investment Management
Ontario, Canada
$11M +$3.36M +255,901 +31%
Morgan Stanley
27
Morgan Stanley
New York
$10.9M +$1.08M +82,105 +8%
Northern Trust
28
Northern Trust
Illinois
$10.6M +$1.84M +139,713 +16%
Vanguard Fiduciary Trust
29
Vanguard Fiduciary Trust
Pennsylvania
$10.4M +$632K +48,057 +5%
JP Morgan Chase
30
JP Morgan Chase
New York
$10.1M +$874K +66,497 +8%
Balyasny Asset Management
31
Balyasny Asset Management
Illinois
$9.86M +$12.7M +963,651 New
Qube Research & Technologies (QRT)
32
Qube Research & Technologies (QRT)
United Kingdom
$9.4M -$1.69M -128,694 -12%
First Trust Advisors
33
First Trust Advisors
Illinois
$7.71M +$8.9M +677,085 +884%
AFR
34
Applied Fundamental Research
Massachusetts
$7.13M +$2.39M +181,678 +35%
Fidelity Investments
35
Fidelity Investments
Massachusetts
$6.81M +$3.25M +247,346 +59%
UBS Group
36
UBS Group
Switzerland
$6.26M -$25.3M -1,921,911 -76%
Connor, Clark & Lunn Investment Management (CC&L)
37
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$5.98M +$5.77M +438,808 +301%
Tudor Investment Corp
38
Tudor Investment Corp
Connecticut
$5.86M -$1.4M -106,262 -16%
HIM
39
Hillsdale Investment Management
Ontario, Canada
$5.13M +$342K +26,050 +5%
Universal-Beteiligungs- und Servicegesellschaft
40
Universal-Beteiligungs- und Servicegesellschaft
Germany
$4.83M +$2.85M +216,502 +85%
RHJA
41
Rice Hall James & Associates
California
$4.2M -$297K -22,580 -5%
D.E. Shaw & Co
42
D.E. Shaw & Co
New York
$4.2M -$8.4M -638,684 -61%
Bank of America
43
Bank of America
North Carolina
$3.88M -$5.4M -410,934 -52%
SPS
44
Susquehanna Portfolio Strategies
Pennsylvania
$3.61M +$4.65M +353,333 New
MCC
45
Malaga Cove Capital
California
$3.49M -$21.6K -1,645 -0.5%
AG
46
Algert Global
California
$3.48M +$773K +58,773 +21%
Los Angeles Capital Management
47
Los Angeles Capital Management
California
$3.36M +$2.15M +163,832 +99%
Victory Capital Management
48
Victory Capital Management
Texas
$3.18M +$3.87M +294,025 +1,711%
Raymond James Financial
49
Raymond James Financial
Florida
$3.14M +$2.46M +187,068 +157%
Federated Hermes
50
Federated Hermes
Pennsylvania
$3.05M +$1.53M +116,125 +64%

FIGS Hedge Fund Activity: Q2 2026 in Review

240 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q2 2026, worth a combined $1.59B — down 29% from $2.24B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new FIGS positions and 45 closed out — a net gain of 4 holders — while 88 added to existing stakes and 69 trimmed.

The largest buyer was Jane Street, adding an estimated $26.7M. The largest seller was T. Rowe Price Investment Management, exiting entirely with an estimated $27.4M sold.

  • 240 institutional investors held FIGS (FIGS) as of Q2 2026, down from 241 in Q1 2026.
  • Funds reported $1.59B of FIGS stock for Q2 2026, down 29% quarter-over-quarter.
  • 49 funds opened new FIGS positions in Q2 2026 and 45 closed out, a net change of +4 holders.
  • The largest FIGS buyer in Q2 2026 was Jane Street, an estimated $26.7M added.
  • The largest FIGS seller in Q2 2026 was T. Rowe Price Investment Management, an estimated $27.4M sold.

Based on aggregated 13F filings for Q2 2026.