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241 hedge funds and large institutions have $2.24B invested in FIGS in 2026 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 83 increasing their positions, 64 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more call options, than puts

Call options by funds: $36M | Put options by funds: $7.21M

300% more funds holding in top 10

Funds holding in top 10: 14 (+3)

144% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 25

36% more capital invested

Capital invested by funds: $1.64B → $2.24B (+$595M)

30% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 64

15% more funds holding

Funds holding: 209241 (+32)

3.3% more ownership

Funds ownership: 92.47%95.76% (+3.3%)

Holders
241
Holders Change
+32
Holders Change %
+15.31%
% of All Funds
2.95%
Holding in Top 10
4
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+300%
% of All Funds
0.05%
New
61
Increased
83
Reduced
64
Closed
25
Calls
$36M
Puts
$7.21M
Net Calls
+$28.8M
Net Calls Change
+$8.11M
Name Holding Trade Value Shares
Change
Change in
Stake
CC
176
Centiva Capital
New York
$191K +$166K +12,964 New
SCM
177
Semanteon Capital Management
Massachusetts
$191K +$166K +12,936 New
NS
178
NBC Securities
Alabama
$189K +$29.9K +2,330 +22%
Envestnet Asset Management
179
Envestnet Asset Management
Illinois
$179K +$155K +12,090 New
MP
180
Mangrove Partners
Connecticut
$167K +$145K +11,300 New
HCMG
181
Howard Capital Management Group
California
$161K
AIM
182
Aigen Investment Management
New York
$160K +$6.27K +489 +5%
NEI
183
Northwest & Ethical Investments
Ontario, Canada
$156K +$149K +11,610 New
CFA
184
Capstone Financial Advisors
Illinois
$148K
OA
185
Operose Advisors
Wisconsin
$118K
OAM
186
OP Asset Management
$115K +$99.4K +7,753 New
Royal Bank of Canada
187
Royal Bank of Canada
Ontario, Canada
$113K -$26.4K -2,064 -21%
AIP
188
Ameritas Investment Partners
Nebraska
$109K
TRCT
189
Tower Research Capital (TRC)
New York
$96.7K +$35.6K +2,780 +74%
FFA
190
Farther Finance Advisors
California
$82.3K +$641 +50 +0.9%
Jones Financial Companies
191
Jones Financial Companies
Missouri
$67.4K -$6K -468 -9%
Nisa Investment Advisors
192
Nisa Investment Advisors
Missouri
$66.9K +$43.6K +3,400 +301%
ECA
193
Elevated Capital Advisors
Utah
$59.1K
VCM
194
Versant Capital Management
Arizona
$52.4K
WIM
195
Westside Investment Management
California
$44.3K
KAS
196
Kemnay Advisory Services
New York
$38K -$44.4K -3,465 -57%
AssetMark Inc
197
AssetMark Inc
California
$37.5K -$820 -64 -2%
IA
198
IFP Advisors
Florida
$29.4K +$9.55K +745 +60%
ASN
199
Advisory Services Network
Georgia
$26.4K +$22.9K +1,789 New
BNP Paribas Asset Management
200
BNP Paribas Asset Management
France
$21.9K +$4.41K +344 +30%

FIGS Hedge Fund Activity: Q1 2026 in Review

241 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q1 2026, worth a combined $2.24B — up 36% from $1.64B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new FIGS positions and 25 closed out — a net gain of 36 holders — while 83 added to existing stakes and 64 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $32.6M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $66.9M.

  • 241 institutional investors held FIGS (FIGS) as of Q1 2026, up from 209 in Q4 2025.
  • Funds reported $2.24B of FIGS stock for Q1 2026, up 36% quarter-over-quarter.
  • 61 funds opened new FIGS positions in Q1 2026 and 25 closed out, a net change of +36 holders.
  • The largest FIGS buyer in Q1 2026 was Arrowstreet Capital, an estimated $32.6M added.
  • The largest FIGS seller in Q1 2026 was T. Rowe Price Investment Management, an estimated $66.9M sold.

Based on aggregated 13F filings for Q1 2026.