FIGS
FIGS
188 hedge funds and large institutions have $729M invested in FIGS in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 58 increasing their positions, 56 reducing their positions, and 29 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
98% more call options, than puts
Call options by funds: $8.46M | Put options by funds: $4.26M
41% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 29
6% more funds holding
Funds holding: 178 → 188 (+10)
4% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 56
5.73% less ownership
Funds ownership: 79.9% → 74.17% (-5.7%)
14% less capital invested
Capital invested by funds: $850M → $729M (-$121M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$35.6M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$15.4M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$12M |
| 4 |
Millennium Management
New York
|
+$12M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$52.6M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$43.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$17.2M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$15.8M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
-$9.49M |
FIGS Hedge Fund Activity: Q1 2023 in Review
188 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q1 2023, worth a combined $729M — down 14% from $850M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FIGS positions and 29 closed out — a net gain of 12 holders — while 58 added to existing stakes and 56 trimmed.
The largest buyer was BAMCO Inc, adding an estimated $35.6M. The largest seller was Macquarie Group, cutting an estimated $52.6M.
- 188 institutional investors held FIGS (FIGS) as of Q1 2023, up from 178 in Q4 2022.
- Funds reported $729M of FIGS stock for Q1 2023, down 14% quarter-over-quarter.
- 41 funds opened new FIGS positions in Q1 2023 and 29 closed out, a net change of +12 holders.
- The largest FIGS buyer in Q1 2023 was BAMCO Inc, an estimated $35.6M added.
- The largest FIGS seller in Q1 2023 was Macquarie Group, an estimated $52.6M sold.
Based on aggregated 13F filings for Q1 2023.