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178 hedge funds and large institutions have $850M invested in FIGS in 2022 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 56 increasing their positions, 54 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more call options, than puts

Call options by funds: $6.62M | Put options by funds: $6.05M

4% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 54

1.06% less ownership

Funds ownership: 80.96%79.9% (-1.1%)

7% less funds holding

Funds holding: 192178 (-14)

20% less capital invested

Capital invested by funds: $1.06B → $850M (-$210M)

24% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 49

Holders
178
Holders Change
-14
Holders Change %
-7.29%
% of All Funds
2.86%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
37
Increased
56
Reduced
54
Closed
49
Calls
$6.62M
Puts
$6.05M
Net Calls
+$570K
Net Calls Change
-$8.34M
Name Holding Trade Value Shares
Change
Change in
Stake
SG Americas Securities
51
SG Americas Securities
New York
$910K +$354K +49,241 +57%
JP Morgan Chase
52
JP Morgan Chase
New York
$880K -$14.8M -2,054,688 -94%
UBS AM
53
UBS AM
Illinois
$850K +$405K +56,357 +81%
BAM
54
Bullseye Asset Management
Colorado
$841K -$94.8K -13,185 -10%
Jane Street
55
Jane Street
New York
$777K +$492K +68,369 +145%
CAM
56
Cresset Asset Management
Illinois
$769K
California State Teachers Retirement System (CalSTRS)
57
California State Teachers Retirement System (CalSTRS)
California
$761K +$8.9K +1,238 +1%
AQR Capital Management
58
AQR Capital Management
Connecticut
$746K +$499K +69,403 +168%
AR
59
Advisory Research
Illinois
$740K +$790K +109,899 New
VRS
60
Virginia Retirement Systems
Virginia
$666K +$241K +33,500 +51%
KA
61
Kerrisdale Advisers
Florida
$639K +$682K +94,885 New
Legal & General Group
62
Legal & General Group
United Kingdom
$635K +$10.5K +1,460 +2%
New York State Common Retirement Fund
63
New York State Common Retirement Fund
New York
$604K +$79 +11 +0%
Principal Financial Group
64
Principal Financial Group
Iowa
$565K +$475K +66,100 +370%
Victory Capital Management
65
Victory Capital Management
Texas
$562K +$114K +15,871 +23%
MPEM
66
Marathon Partners Equity Management
New York
$505K +$539K +75,000 New
MIM
67
MetLife Investment Management
New Jersey
$461K
CS
68
Credit Suisse
Switzerland
$430K -$1.66K -231 -0.4%
AG
69
Algert Global
California
$424K +$63.1K +8,770 +16%
Squarepoint
70
Squarepoint
New York
$418K -$720K -100,080 -62%
AIG
71
American International Group
New York
$406K -$1.58K -220 -0.4%
CCM
72
Chimera Capital Management
New York
$388K +$415K +57,683 New
Vontobel Holding
73
Vontobel Holding
Switzerland
$380K +$407K +56,537 New
Wells Fargo
74
Wells Fargo
California
$376K +$73.5K +10,224 +22%
Mirae Asset Global Investments
75
Mirae Asset Global Investments
South Korea
$355K

FIGS Hedge Fund Activity: Q4 2022 in Review

178 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q4 2022, worth a combined $850M — down 20% from $1.06B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of FIGS and 37 opened new positions — a net loss of 12 holders — while 54 trimmed existing stakes and 56 added.

The largest buyer was Citadel Advisors, adding an estimated $33.7M. The largest seller was Macquarie Group, cutting an estimated $45M.

  • 178 institutional investors held FIGS (FIGS) as of Q4 2022, down from 192 in Q3 2022.
  • Funds reported $850M of FIGS stock for Q4 2022, down 20% quarter-over-quarter.
  • 37 funds opened new FIGS positions in Q4 2022 and 49 closed out, a net change of -12 holders.
  • The largest FIGS buyer in Q4 2022 was Citadel Advisors, an estimated $33.7M added.
  • The largest FIGS seller in Q4 2022 was Macquarie Group, an estimated $45M sold.

Based on aggregated 13F filings for Q4 2022.