FIGS
FIGS
209 hedge funds and large institutions have $1.64B invested in FIGS in 2025 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 61 increasing their positions, 77 reducing their positions, and 25 closing their positions.
522% more call options, than puts
Call options by funds: $24.7M | Put options by funds: $3.97M
80% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 25
68% more capital invested
Capital invested by funds: $973M → $1.64B (+$664M)
8% more funds holding
Funds holding: 194 → 209 (+15)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.62% less ownership
Funds ownership: 93.87% → 92.24% (-1.6%)
21% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
+$41M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$19.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$16M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$14.3M |
| 5 |
D.E. Shaw & Co
New York
|
+$9.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$57.7M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$23.3M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$10.5M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$9.06M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$6.96M |
FIGS Hedge Fund Activity: Q4 2025 in Review
209 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in FIGS (FIGS) for Q4 2025, worth a combined $1.64B — up 68% from $973M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FIGS positions and 25 closed out — a net gain of 20 holders — while 61 added to existing stakes and 77 trimmed.
The largest buyer was Divisadero Street Capital Management, adding an estimated $41M. The largest seller was Ameriprise, cutting an estimated $57.7M.
- 209 institutional investors held FIGS (FIGS) as of Q4 2025, up from 194 in Q3 2025.
- Funds reported $1.64B of FIGS stock for Q4 2025, up 68% quarter-over-quarter.
- 45 funds opened new FIGS positions in Q4 2025 and 25 closed out, a net change of +20 holders.
- The largest FIGS buyer in Q4 2025 was Divisadero Street Capital Management, an estimated $41M added.
- The largest FIGS seller in Q4 2025 was Ameriprise, an estimated $57.7M sold.
Based on aggregated 13F filings for Q4 2025.