FIGS
FIGS
187 hedge funds and large institutions have $977M invested in FIGS in 2023 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 64 increasing their positions, 55 reducing their positions, and 35 closing their positions.
81% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $8.14M
34% more capital invested
Capital invested by funds: $729M → $977M (+$248M)
16% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 55
0% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 35
0.11% less ownership
Funds ownership: 74.17% → 74.06% (-0.11%)
1% less funds holding
Funds holding: 188 → 187 (-1)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$20.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.16M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.02M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$3.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.1M |
| 2 |
SFM
Soros Fund Management
New York
|
-$13.7M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$9.31M |
| 4 |
State Street
Boston,
Massachusetts
|
-$7M |
| 5 |
ClearBridge Investments
New York
|
-$4.44M |
FIGS Hedge Fund Activity: Q2 2023 in Review
187 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q2 2023, worth a combined $977M — up 34% from $729M a quarter earlier.
Fund positioning in FIGS was balanced in Q2 2023: 35 funds opened new positions, 35 closed out, 64 added to existing stakes and 55 trimmed.
The largest buyer was BAMCO Inc, adding an estimated $20.5M. The largest seller was Fidelity Investments, cutting an estimated $17.1M.
- 187 institutional investors held FIGS (FIGS) as of Q2 2023, down from 188 in Q1 2023.
- Funds reported $977M of FIGS stock for Q2 2023, up 34% quarter-over-quarter.
- 35 funds opened new FIGS positions in Q2 2023 and 35 closed out, a net change of 0 holders.
- The largest FIGS buyer in Q2 2023 was BAMCO Inc, an estimated $20.5M added.
- The largest FIGS seller in Q2 2023 was Fidelity Investments, an estimated $17.1M sold.
Based on aggregated 13F filings for Q2 2023.