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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.

New
Increased
Maintained
Reduced
Closed

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: 12 (+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: 187190 (+3)

1.28% less ownership

Funds ownership: 74.06%72.78% (-1.3%)

29% less capital invested

Capital invested by funds: $977M → $689M (-$288M)

Holders
190
Holders Change
+3
Holders Change %
+1.6%
% of All Funds
3.02%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
40
Increased
68
Reduced
49
Closed
34
Calls
$4.49M
Puts
$1.58M
Net Calls
+$2.91M
Net Calls Change
-$3.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BAMCO Inc
1
BAMCO Inc
New York
$148M +$9.79M +1,470,706 +6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$72.4M +$3.58M +538,251 +5%
BlackRock
3
BlackRock
New York
$58.1M -$4.64M -697,738 -7%
Capital International Investors
4
Capital International Investors
California
$50.6M
T. Rowe Price Investment Management
5
T. Rowe Price Investment Management
Maryland
$48.9M +$7.44M +1,118,214 +16%
Ameriprise
6
Ameriprise
Minnesota
$30M +$18.5M +2,782,340 +121%
Franklin Resources
7
Franklin Resources
California
$25.5M +$182K +27,357 +0.6%
D.E. Shaw & Co
8
D.E. Shaw & Co
New York
$23M -$159K -23,833 -0.6%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$15.2M +$4.39M +660,190 +35%
Morgan Stanley
10
Morgan Stanley
New York
$15.1M -$5.76M -865,784 -25%
State Street
11
State Street
Massachusetts
$15M +$19.9K +2,987 +0.1%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$14.9M +$294K +44,120 +2%
AFR
13
Applied Fundamental Research
Massachusetts
$12.7M +$3.66M +550,000 +34%
Balyasny Asset Management
14
Balyasny Asset Management
Illinois
$11.3M +$10.2M +1,526,423 +390%
Northern Trust
15
Northern Trust
Illinois
$10.2M +$2.74M +411,460 +31%
Voloridge Investment Management
16
Voloridge Investment Management
Florida
$9.18M +$4.05M +608,285 +64%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$7.07M -$40.5M -6,088,125 -84%
GIP
18
Granite Investment Partners
California
$6.89M +$7.77M +1,166,978 New
Charles Schwab
19
Charles Schwab
California
$5.63M +$9.42K +1,415 +0.1%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$5.45M +$205K +30,793 +3%
Norges Bank
21
Norges Bank
Norway
$4.37M
ProShare Advisors
22
ProShare Advisors
Maryland
$4.36M +$2.17M +325,315 +79%
Wellington Management Group
23
Wellington Management Group
Massachusetts
$4.31M +$4.86M +729,800 New
Marshall Wace
24
Marshall Wace
United Kingdom
$4.11M +$1.03M +154,215 +28%
DFCM
25
Dark Forest Capital Management
Puerto Rico
$4.1M +$1.57M +235,241 +51%

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.