FIGS
FIGS
190 hedge funds and large institutions have $689M invested in FIGS in 2023 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 68 increasing their positions, 49 reducing their positions, and 34 closing their positions.
184% more call options, than puts
Call options by funds: $4.49M | Put options by funds: $1.58M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 49
18% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 34
2% more funds holding
Funds holding: 187 → 190 (+3)
1.28% less ownership
Funds ownership: 74.06% → 72.78% (-1.3%)
29% less capital invested
Capital invested by funds: $977M → $689M (-$288M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.5M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10.2M |
| 3 |
BAMCO Inc
New York
|
+$9.79M |
| 4 |
GIP
Granite Investment Partners
El Segundo,
California
|
+$7.77M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$7.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$17.5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.2M |
| 4 |
Millennium Management
New York
|
-$6.92M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$6.6M |
FIGS Hedge Fund Activity: Q3 2023 in Review
190 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q3 2023, worth a combined $689M — down 29% from $977M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new FIGS positions and 34 closed out — a net gain of 6 holders — while 68 added to existing stakes and 49 trimmed.
The largest buyer was Ameriprise, adding an estimated $18.5M. The largest seller was Fidelity Investments, cutting an estimated $40.5M.
- 190 institutional investors held FIGS (FIGS) as of Q3 2023, up from 187 in Q2 2023.
- Funds reported $689M of FIGS stock for Q3 2023, down 29% quarter-over-quarter.
- 40 funds opened new FIGS positions in Q3 2023 and 34 closed out, a net change of +6 holders.
- The largest FIGS buyer in Q3 2023 was Ameriprise, an estimated $18.5M added.
- The largest FIGS seller in Q3 2023 was Fidelity Investments, an estimated $40.5M sold.
Based on aggregated 13F filings for Q3 2023.