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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.

New
Increased
Maintained
Reduced
Closed

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: 23 (+1)

48% more funds holding

Funds holding: 92136 (+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%)

Holders
136
Holders Change
+44
Holders Change %
+47.83%
% of All Funds
2.38%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
71
Increased
41
Reduced
16
Closed
27
Calls
$91.1M
Puts
$65.5M
Net Calls
+$25.6M
Net Calls Change
+$18.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Viking Global Investors
1
Viking Global Investors
Connecticut
$548M -$8.06M -200,000 -1%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$479M +$381M +9,459,584 +266%
COPPSERS
3
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$366M +$397M +9,844,948 New
Franklin Resources
4
Franklin Resources
California
$142M +$42.1M +1,043,628 +38%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$127M -$1.75M -43,331 -1%
Vanguard Group
6
Vanguard Group
Pennsylvania
$124M +$67.9M +1,684,241 +101%
SFM
7
Soros Fund Management
New York
$116M -$2.02M -50,000 -2%
LECM
8
Lead Edge Capital Management
New York
$97.8M
LPC
9
Lone Pine Capital
Connecticut
$92.3M -$72.1M -1,788,683 -42%
Wells Fargo
10
Wells Fargo
California
$77.9M +$76.5M +1,896,928 +942%
Macquarie Group
11
Macquarie Group
Australia
$77.9M +$84.6M +2,098,199 New
BlackRock
12
BlackRock
New York
$76.3M +$82.1M +2,035,224 +10,186%
AllianceBernstein
13
AllianceBernstein
Tennessee
$70.9M +$15.1M +375,083 +24%
Morgan Stanley
14
Morgan Stanley
New York
$52.5M +$11.2M +277,922 +24%
BAMCO Inc
15
BAMCO Inc
New York
$46.4M +$6.74M +167,207 +15%
JP Morgan Chase
16
JP Morgan Chase
New York
$45.8M -$3.56M -88,254 -7%
Lord, Abbett & Co
17
Lord, Abbett & Co
New Jersey
$44.3M +$14.2M +351,938 +42%
Capital International Investors
18
Capital International Investors
California
$37.1M
Invesco
19
Invesco
Georgia
$28.9M +$5.2M +129,051 +20%
Goldman Sachs
20
Goldman Sachs
New York
$28.6M +$9.31M +230,966 +43%
Mirae Asset Global Investments
21
Mirae Asset Global Investments
South Korea
$23.2M +$25.1M +623,405 New
Federated Hermes
22
Federated Hermes
Pennsylvania
$22.3M +$5.78M +143,348 +31%
SAM
23
Silvercrest Asset Management
New York
$19.3M +$12M +296,712 +133%
ProShare Advisors
24
ProShare Advisors
Maryland
$19.2M +$20.9M +517,559 New
IM
25
Islet Management
New York
$17M +$18.5M +458,200 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.