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178 hedge funds and large institutions have $850M invested in FIGS in 2022 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 56 increasing their positions, 54 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more call options, than puts

Call options by funds: $6.62M | Put options by funds: $6.05M

4% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 54

1.06% less ownership

Funds ownership: 80.96%79.9% (-1.1%)

7% less funds holding

Funds holding: 192178 (-14)

20% less capital invested

Capital invested by funds: $1.06B → $850M (-$210M)

24% less first-time investments, than exits

New positions opened: 37 | Existing positions closed: 49

Holders
178
Holders Change
-14
Holders Change %
-7.29%
% of All Funds
2.86%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
37
Increased
56
Reduced
54
Closed
49
Calls
$6.62M
Puts
$6.05M
Net Calls
+$570K
Net Calls Change
-$8.34M
Name Holding Trade Value Shares
Change
Change in
Stake
BAMCO Inc
1
BAMCO Inc
New York
$109M +$3.79M +526,792 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$81.7M +$6.26M +869,899 +8%
BlackRock
3
BlackRock
New York
$70M +$4.42M +614,650 +6%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$62.5M -$1.84M -256,198 -3%
Macquarie Group
5
Macquarie Group
Australia
$47.3M -$45M -6,262,121 -47%
Capital International Investors
6
Capital International Investors
California
$47.1M +$20.4M +2,839,070 +68%
Franklin Resources
7
Franklin Resources
California
$42.5M -$86K -11,952 -0.2%
GC
8
Guggenheim Capital
Illinois
$38.2M
Citadel Advisors
9
Citadel Advisors
Florida
$35.8M +$33.7M +4,682,580 +742%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$35.2M +$21.9M +3,042,787 +139%
T. Rowe Price Investment Management
11
T. Rowe Price Investment Management
Maryland
$34.6M +$7.89M +1,097,083 +27%
Morgan Stanley
12
Morgan Stanley
New York
$28.5M +$4.5M +626,325 +17%
SFM
13
Soros Fund Management
New York
$21.2M -$7.19M -1,000,000 -24%
State Street
14
State Street
Massachusetts
$20.5M +$1.87M +260,057 +9%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$15.3M +$991K +137,726 +6%
GIM
16
Granahan Investment Management
Massachusetts
$14.1M +$1.94M +269,959 +15%
AFR
17
Applied Fundamental Research
Massachusetts
$10.2M +$10.9M +1,511,300 New
Renaissance Technologies
18
Renaissance Technologies
New York
$9.98M +$3.79M +526,700 +55%
SAM
19
Silvercrest Asset Management
New York
$8.48M -$1.72M -239,610 -16%
Northern Trust
20
Northern Trust
Illinois
$7.6M +$176K +24,477 +2%
Charles Schwab
21
Charles Schwab
California
$6.35M +$136K +18,899 +2%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$6.07M +$2.91M +403,950 +81%
Goldman Sachs
23
Goldman Sachs
New York
$5.53M -$423K -58,798 -7%
LCM
24
Landscape Capital Management
New Jersey
$5.22M +$5.58M +775,234 New
ClearBridge Investments
25
ClearBridge Investments
New York
$4.81M -$97.7K -13,591 -2%

FIGS Hedge Fund Activity: Q4 2022 in Review

178 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q4 2022, worth a combined $850M — down 20% from $1.06B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of FIGS and 37 opened new positions — a net loss of 12 holders — while 54 trimmed existing stakes and 56 added.

The largest buyer was Citadel Advisors, adding an estimated $33.7M. The largest seller was Macquarie Group, cutting an estimated $45M.

  • 178 institutional investors held FIGS (FIGS) as of Q4 2022, down from 192 in Q3 2022.
  • Funds reported $850M of FIGS stock for Q4 2022, down 20% quarter-over-quarter.
  • 37 funds opened new FIGS positions in Q4 2022 and 49 closed out, a net change of -12 holders.
  • The largest FIGS buyer in Q4 2022 was Citadel Advisors, an estimated $33.7M added.
  • The largest FIGS seller in Q4 2022 was Macquarie Group, an estimated $45M sold.

Based on aggregated 13F filings for Q4 2022.