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186 hedge funds and large institutions have $865M invested in FIGS in 2024 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 62 increasing their positions, 56 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

376% more call options, than puts

Call options by funds: $10.8M | Put options by funds: $2.27M

33% more capital invested

Capital invested by funds: $648M → $865M (+$217M)

11% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 56

3.31% more ownership

Funds ownership: 74.98%78.29% (+3.3%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less funds holding

Funds holding: 202186 (-16)

36% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 36

Holders
186
Holders Change
-16
Holders Change %
-7.92%
% of All Funds
2.67%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
23
Increased
62
Reduced
56
Closed
36
Calls
$10.8M
Puts
$2.27M
Net Calls
+$8.55M
Net Calls Change
-$715K
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
76
Raymond James Financial Services Advisors
Florida
$419K -$2.38K -408 -0.7%
SA
77
Sanctuary Advisors
Indiana
$407K -$40.6K -6,971 -7%
VI
78
Versor Investments
New York
$402K -$4.66K -800 -1%
SG Americas Securities
79
SG Americas Securities
New York
$395K +$164K +28,067 +94%
BHCM
80
Brevan Howard Capital Management
Jersey
$368K +$313K +53,734 New
COI
81
Connable Office Inc
Michigan
$359K +$134K +22,980 +78%
CM
82
Caption Management
Oklahoma
$342K +$291K +50,000 New
Manulife (Manufacturers Life Insurance)
83
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$338K -$6.81K -1,168 -2%
Janus Henderson Group
84
Janus Henderson Group
United Kingdom
$324K
CMF
85
Counterpoint Mutual Funds
California
$314K +$268K +45,903 New
VOYA Investment Management
86
VOYA Investment Management
Georgia
$304K -$5.69K -976 -2%
HSBC Holdings
87
HSBC Holdings
United Kingdom
$298K +$54.2K +9,298 +27%
BAM
88
Blueshift Asset Management
New Jersey
$298K -$11.6K -1,982 -4%
BC
89
Bridgefront Capital
Texas
$289K +$246K +42,283 New
DT
90
Diversified Trust
Tennessee
$274K
Osaic Holdings
91
Osaic Holdings
Arizona
$265K +$19.3K +3,307 +9%
ASRS
92
Arizona State Retirement System
Arizona
$255K +$6.45K +1,107 +3%
State Board of Administration of Florida Retirement System
93
State Board of Administration of Florida Retirement System
Florida
$250K
LPL Financial
94
LPL Financial
California
$250K +$35.1K +6,020 +20%
AWS
95
Atria Wealth Solutions
New York
$229K -$117K -20,000 -37%
ASN
96
Advisory Services Network
Georgia
$224K
OQS
97
Occudo Quantitative Strategies
Florida
$223K +$190K +32,669 New
New York State Common Retirement Fund
98
New York State Common Retirement Fund
New York
$221K -$86.2K -14,800 -31%
ACM
99
Aquatic Capital Management
Illinois
$220K +$188K +32,200 New
HighTower Advisors
100
HighTower Advisors
Illinois
$215K -$61.8K -10,603 -25%

FIGS Hedge Fund Activity: Q3 2024 in Review

186 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q3 2024, worth a combined $865M — up 33% from $648M a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of FIGS and 23 opened new positions — a net loss of 13 holders — while 56 trimmed existing stakes and 62 added.

The largest buyer was BAMCO Inc, adding an estimated $19.5M. The largest seller was Ameriprise, cutting an estimated $7.29M.

  • 186 institutional investors held FIGS (FIGS) as of Q3 2024, down from 202 in Q2 2024.
  • Funds reported $865M of FIGS stock for Q3 2024, up 33% quarter-over-quarter.
  • 23 funds opened new FIGS positions in Q3 2024 and 36 closed out, a net change of -13 holders.
  • The largest FIGS buyer in Q3 2024 was BAMCO Inc, an estimated $19.5M added.
  • The largest FIGS seller in Q3 2024 was Ameriprise, an estimated $7.29M sold.

Based on aggregated 13F filings for Q3 2024.