FIGS
FIGS
136 hedge funds and large institutions have $3.01B invested in FIGS in 2021 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 41 increasing their positions, 16 reducing their positions, and 27 closing their positions.
163% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 27
156% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 16
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
48% more funds holding
Funds holding: 92 → 136 (+44)
39% more call options, than puts
Call options by funds: $91.1M | Put options by funds: $65.5M
22% more capital invested
Capital invested by funds: $2.46B → $3.01B (+$546M)
21.52% more ownership
Funds ownership: 33.6% → 55.12% (+22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$397M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$381M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$84.6M |
| 4 |
BlackRock
New York
|
+$82.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$76.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$72.1M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$15.4M |
| 3 |
CCM
CAAS Capital Management
New York
|
-$8.77M |
| 4 |
Viking Global Investors
Stamford,
Connecticut
|
-$8.06M |
| 5 |
Temasek Holdings
Singapore
|
-$6.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCS
151
Levin Capital Strategies
New York
| – | -$351K | -7,000 | Closed |
|
|
KA
152
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$327K | -6,524 | Closed |
|
153
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$314K | -6,270 | Closed |
|
|
SCM
154
Stamina Capital Management
New York
| – | -$251K | -5,000 | Closed |
|
155
Teacher Retirement System of Texas
Austin,
Texas
| – | -$251K | -5,000 | Closed |
|
|
OC
156
Oppenheimer & Co
New York
| – | -$247K | -4,931 | Closed |
|
157
Victory Capital Management
San Antonio,
Texas
| – | -$202K | -4,038 | Closed |
|
|
KPCM
158
Kings Point Capital Management
Great Neck,
New York
| – | -$25K | -500 | Closed |
|
|
PHK
159
Point72 Hong Kong
Hong Kong
| – | -$10K | -205 | Closed |
|
160
New York State Common Retirement Fund
Albany,
New York
| – | -$6K | -110 | Closed |
|
161
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$81 | +2 | New |
|
162
CI Investments Inc
Toronto,
Ontario, Canada
| – | +$161 | +4 | New |
|
|
AF
163
Advisornet Financial
Minnetonka,
Minnesota
| – | +$484 | +12 | New |
|
FIGS Hedge Fund Activity: Q3 2021 in Review
136 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q3 2021, worth a combined $3.01B — up 22% from $2.46B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new FIGS positions and 27 closed out — a net gain of 44 holders — while 41 added to existing stakes and 16 trimmed.
The largest buyer was Commonwealth of Pennsylvania Public School Employees Retirement System, opening a new position worth an estimated $397M. The largest seller was Lone Pine Capital, cutting an estimated $72.1M.
- 136 institutional investors held FIGS (FIGS) as of Q3 2021, up from 92 in Q2 2021.
- Funds reported $3.01B of FIGS stock for Q3 2021, up 22% quarter-over-quarter.
- 71 funds opened new FIGS positions in Q3 2021 and 27 closed out, a net change of +44 holders.
- The largest FIGS buyer in Q3 2021 was Commonwealth of Pennsylvania Public School Employees Retirement System, an estimated $397M added.
- The largest FIGS seller in Q3 2021 was Lone Pine Capital, an estimated $72.1M sold.
Based on aggregated 13F filings for Q3 2021.