FIGS
FIGS
193 hedge funds and large institutions have $622M invested in FIGS in 2024 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 73 increasing their positions, 56 reducing their positions, and 41 closing their positions.
438% more call options, than puts
Call options by funds: $9.84M | Put options by funds: $1.83M
30% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 56
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 202 → 193 (-9)
8.95% less ownership
Funds ownership: 86.21% → 77.26% (-9%)
20% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 41
36% less capital invested
Capital invested by funds: $966M → $622M (-$344M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$17.3M |
| 2 |
Bank of New York Mellon
New York
|
+$6.36M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.46M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$4.42M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$59.6M |
| 2 |
Morgan Stanley
New York
|
-$37.1M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.4M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$18.3M |
| 5 |
Millennium Management
New York
|
-$7.22M |
FIGS Hedge Fund Activity: Q1 2024 in Review
193 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q1 2024, worth a combined $622M — down 36% from $966M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of FIGS and 33 opened new positions — a net loss of 8 holders — while 56 trimmed existing stakes and 73 added.
The largest buyer was Ameriprise, adding an estimated $17.3M. The largest seller was Capital International Investors, exiting entirely with an estimated $59.6M sold.
- 193 institutional investors held FIGS (FIGS) as of Q1 2024, down from 202 in Q4 2023.
- Funds reported $622M of FIGS stock for Q1 2024, down 36% quarter-over-quarter.
- 33 funds opened new FIGS positions in Q1 2024 and 41 closed out, a net change of -8 holders.
- The largest FIGS buyer in Q1 2024 was Ameriprise, an estimated $17.3M added.
- The largest FIGS seller in Q1 2024 was Capital International Investors, an estimated $59.6M sold.
Based on aggregated 13F filings for Q1 2024.