FIGS
FIGS
168 hedge funds and large institutions have $687M invested in FIGS in 2025 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 49 increasing their positions, 58 reducing their positions, and 28 closing their positions.
756% more call options, than puts
Call options by funds: $6.81M | Put options by funds: $796K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
21.61% more ownership
Funds ownership: 74.57% → 96.18% (+22%)
2% less funds holding
Funds holding: 172 → 168 (-4)
8% less capital invested
Capital invested by funds: $746M → $687M (-$58.8M)
11% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 28
16% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$148M |
| 2 |
SBLIC
Security Benefit Life Insurance Company
Topeka,
Kansas
|
+$8.05M |
| 3 |
QC
Quantedge Capital
Singapore
|
+$7.28M |
| 4 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$5.37M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$4.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.63M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$5.28M |
| 3 |
Morgan Stanley
New York
|
-$3.78M |
| 4 |
AFR
Applied Fundamental Research
Cambridge,
Massachusetts
|
-$3.57M |
| 5 |
Bank of New York Mellon
New York
|
-$3.14M |
FIGS Hedge Fund Activity: Q1 2025 in Review
168 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q1 2025, worth a combined $687M — down 7.9% from $746M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FIGS and 25 opened new positions — a net loss of 3 holders — while 58 trimmed existing stakes and 49 added.
The largest buyer was BAMCO Inc, adding an estimated $148M. The largest seller was Fidelity Investments, cutting an estimated $5.63M.
- 168 institutional investors held FIGS (FIGS) as of Q1 2025, down from 172 in Q4 2024.
- Funds reported $687M of FIGS stock for Q1 2025, down 7.9% quarter-over-quarter.
- 25 funds opened new FIGS positions in Q1 2025 and 28 closed out, a net change of -3 holders.
- The largest FIGS buyer in Q1 2025 was BAMCO Inc, an estimated $148M added.
- The largest FIGS seller in Q1 2025 was Fidelity Investments, an estimated $5.63M sold.
Based on aggregated 13F filings for Q1 2025.