FIGS
FIGS
160 hedge funds and large institutions have $2.28B invested in FIGS in 2022 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 69 increasing their positions, 24 reducing their positions, and 43 closing their positions.
202% more call options, than puts
Call options by funds: $61.4M | Put options by funds: $20.3M
188% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 24
23% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 43
8.88% more ownership
Funds ownership: 66.11% → 74.99% (+8.9%)
7% more funds holding
Funds holding: 150 → 160 (+10)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
18% less capital invested
Capital invested by funds: $2.76B → $2.28B (-$483M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$243M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$68.2M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$50.9M |
| 4 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
+$25.1M |
| 5 |
SFM
Soros Fund Management
New York
|
+$21.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$406M |
| 2 |
DM
Deerfield Management
New York
|
-$22.9M |
| 3 |
RA
Royce & Associates
New York
|
-$12.7M |
| 4 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$5.79M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$5.4M |
FIGS Hedge Fund Activity: Q1 2022 in Review
160 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q1 2022, worth a combined $2.28B — down 18% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new FIGS positions and 43 closed out — a net gain of 10 holders — while 69 added to existing stakes and 24 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $243M. The largest seller was Viking Global Investors, exiting entirely with an estimated $406M sold.
- 160 institutional investors held FIGS (FIGS) as of Q1 2022, up from 150 in Q4 2021.
- Funds reported $2.28B of FIGS stock for Q1 2022, down 18% quarter-over-quarter.
- 53 funds opened new FIGS positions in Q1 2022 and 43 closed out, a net change of +10 holders.
- The largest FIGS buyer in Q1 2022 was Fidelity Investments, an estimated $243M added.
- The largest FIGS seller in Q1 2022 was Viking Global Investors, an estimated $406M sold.
Based on aggregated 13F filings for Q1 2022.