Who owns FIGS (FIGS)
Which tracked institutional funds hold FIGS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FIGS company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on FIGS is one-sided between 2025-Q4 and 2026-Q1: 96 added or opened and 29 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
FIGS’s largest tracked holder by dollar value, BAMCO INC /NY/, sizes it at 2.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FIGS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 241 tracked filers holding FIGS, 143 increased or opened the position and 94 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in FIGS between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 35
- VANGUARD CAPITAL MANAGEMENT LLC$67M
- VANGUARD PORTFOLIO MANAGEMENT LLC$60M
- FULLER & THALER ASSET MANAGEMENT, INC.$32M
- VANGUARD FIDUCIARY TRUST CO$14M
- Bridgewater Associates, LP$8M
- Hillsdale Investment Management Inc.$7M
Full exits 10
- VANGUARD GROUP INC$97M
- ALTA FOX CAPITAL MANAGEMENT, LLC$10M
- Balyasny Asset Management L.P.$9M
- TWO SIGMA ADVISERS, LP$6M
- Corient Private Wealth LLC$4M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$4M
Largest adds
- BAMCO INC /NY/$204M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$43M
- Driehaus Capital Management LLC$38M
- UBS Group AG$34M
- TWO SIGMA INVESTMENTS, LP$28M
- BlackRock, Inc.$25M
Largest trims
- AMERIPRISE FINANCIAL INC$15M
- MORGAN STANLEY$8M
- Bank of New York Mellon Corp$8M
- T. Rowe Price Investment Management, Inc.$5M
- Divisadero Street Capital Management, LP$3M
- Applied Fundamental Research, LLC$2M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BAMCO INC /NY/ | 59,959,449 | $886M | 37.9% | 2026-Q1 |
| BlackRock, Inc. trimmed | 7,838,871 | $116M | 4.9% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 4,550,673 | $67M | 2.9% | 2026-Q1 |
| Driehaus Capital Management LLC added | 4,174,257 | $62M | 2.6% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 4,094,233 | $60M | 2.6% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 4,070,258 | $60M | 2.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 3,966,339 | $59M | 2.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 3,552,919 | $52M | 2.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,366,466 | $50M | 2.1% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 3,216,074 | $48M | 2.0% | 2026-Q1 |
| Divisadero Street Capital Management, LP trimmed | 3,196,396 | $47M | 2.0% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 2,842,084 | $42M | 1.8% | 2026-Q1 |
| UBS Group AG added | 2,534,182 | $37M | 1.6% | 2026-Q1 |
| STATE STREET CORP added | 2,430,113 | $36M | 1.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 2,358,007 | $35M | 1.5% | 2026-Q1 |
| Nuveen, LLC added | 2,230,911 | $33M | 1.4% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. new | 2,133,406 | $32M | 1.3% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. trimmed | 1,853,325 | $27M | 1.2% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 1,696,818 | $25M | 1.1% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 1,601,200 | $24M | 1.0% | 2026-Q1 |
| JENNISON ASSOCIATES LLC added | 1,401,214 | $21M | 0.9% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 1,240,143 | $18M | 0.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,141,225 | $17M | 0.7% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 1,048,907 | $15M | 0.7% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 1,047,648 | $15M | 0.7% | 2026-Q1 |
| MORGAN STANLEY trimmed | 985,270 | $15M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 971,340 | $14M | 0.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 899,445 | $13M | 0.6% | 2026-Q1 |
| Trexquant Investment LP added | 838,421 | $12M | 0.5% | 2026-Q1 |
| Black Creek Investment Management Inc. trimmed | 824,237 | $12M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 842,985 | $12M | 0.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 790,013 | $12M | 0.5% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 679,349 | $10M | 0.4% | 2026-Q1 |
| Walleye Capital LLC added | 572,768 | $8M | 0.4% | 2026-Q1 |
| Squarepoint Ops LLC added | 542,765 | $8M | 0.3% | 2026-Q1 |
| Bridgewater Associates, LP added | 519,482 | $8M | 0.3% | 2026-Q1 |
| Applied Fundamental Research, LLC trimmed | 515,569 | $8M | 0.3% | 2026-Q1 |
| Hillsdale Investment Management Inc. new | 475,860 | $7M | 0.3% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 462,403 | $7M | 0.3% | 2026-Q1 |
| RICE HALL JAMES & ASSOCIATES, LLC trimmed | 433,592 | $6M | 0.3% | 2026-Q1 |
| FMR LLC added | 418,029 | $6M | 0.3% | 2026-Q1 |
| Penserra Capital Management LLC trimmed | 403,393 | $6M | 0.3% | 2026-Q1 |
| Informed Momentum Co LLC trimmed | 353,939 | $5M | 0.2% | 2026-Q1 |
| Malaga Cove Capital, LLC trimmed | 343,010 | $5M | 0.2% | 2026-Q1 |
| HRT FINANCIAL LP added | 338,050 | $5M | 0.2% | 2026-Q1 |
| Invesco Ltd. trimmed | 329,465 | $5M | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 329,149 | $5M | 0.2% | 2026-Q1 |
| Engineers Gate Manager LP added | 298,675 | $4M | 0.2% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 290,871 | $4M | 0.2% | 2026-Q1 |
| Robeco Institutional Asset Management B.V. new | 287,610 | $4M | 0.2% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 281,850 | $4M | 0.2% | 2026-Q1 |
| OPPENHEIMER & CO INC trimmed | 271,778 | $4M | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 269,409 | $4M | 0.2% | 2026-Q1 |
| LGT Fund Management Co Ltd. new | 268,200 | $4M | 0.2% | 2026-Q1 |
| ProShare Advisors LLC trimmed | 265,113 | $4M | 0.2% | 2026-Q1 |
| PICTON MAHONEY ASSET MANAGEMENT new | 257,276 | $4M | 0.2% | 2026-Q1 |
| KBC Group NV new | 256,051 | $4M | 0.2% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH new | 255,826 | $4M | 0.2% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 240,708 | $4M | 0.2% | 2026-Q1 |
| CAPITAL FUND MANAGEMENT S.A. added | 219,281 | $3M | 0.1% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 217,717 | $3M | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 200,000 | $3M | 0.1% | 2026-Q1 |
| CASTLEARK MANAGEMENT LLC new | 199,010 | $3M | 0.1% | 2026-Q1 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 185,546 | $3M | 0.1% | 2026-Q1 |
| Swiss National Bank | 183,300 | $3M | 0.1% | 2026-Q1 |
| FEDERATED HERMES, INC. added | 182,496 | $3M | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 176,998 | $3M | 0.1% | 2026-Q1 |
| OCCUDO QUANTITATIVE STRATEGIES LP added | 169,852 | $3M | 0.1% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 168,641 | $2M | 0.1% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 164,701 | $2M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO added | 148,262 | $2M | 0.1% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 145,766 | $2M | 0.1% | 2026-Q1 |
| Lisanti Capital Growth, LLC added | 137,180 | $2M | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 131,610 | $2M | 0.1% | 2026-Q1 |
| ZACKS INVESTMENT MANAGEMENT added | 129,414 | $2M | 0.1% | 2026-Q1 |
| POLEN CAPITAL MANAGEMENT LLC added | 121,437 | $2M | 0.1% | 2026-Q1 |
| Quantedge Capital Pte Ltd trimmed | 121,400 | $2M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 119,447 | $2M | 0.1% | 2026-Q1 |
| DARK FOREST CAPITAL MANAGEMENT LP added | 115,866 | $2M | 0.1% | 2026-Q1 |
| COOKSON PEIRCE & CO INC added | 113,518 | $2M | 0.1% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC added | 111,609 | $2M | 0.1% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC added | 100,199 | $1M | 0.1% | 2026-Q1 |
| Creative Planning added | 98,762 | $1M | 0.1% | 2026-Q1 |
| SANDERS MORRIS HARRIS LLC trimmed | 95,000 | $1M | 0.1% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP added | 92,680 | $1M | 0.1% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 91,900 | $1M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 8,495,018 | $97M | 4.1% | 2025-Q4 stale |
| NORGES BANK added | 1,700,000 | $12M | 0.5% | 2025-Q3 stale |
| ALTA FOX CAPITAL MANAGEMENT, LLC trimmed | 875,600 | $10M | 0.4% | 2025-Q4 stale |
| Balyasny Asset Management L.P. trimmed | 762,174 | $9M | 0.4% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP added | 554,400 | $6M | 0.3% | 2025-Q4 stale |
| Woodline Partners LP | 702,823 | $5M | 0.2% | 2025-Q3 stale |
| Corient Private Wealth LLC added | 350,694 | $4M | 0.2% | 2025-Q4 stale |
| Pacer Advisors, Inc. trimmed | 674,613 | $4M | 0.2% | 2025-Q2 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 332,960 | $4M | 0.2% | 2025-Q4 stale |
| SECURITY BENEFIT LIFE INSURANCE CO /KS/ trimmed | 565,560 | $3M | 0.1% | 2025-Q2 stale |
| Western Standard LLC new | 278,440 | $2M | 0.1% | 2025-Q3 stale |
| Lighthouse Investment Partners, LLC added | 163,382 | $2M | 0.1% | 2025-Q4 stale |
| LAZARD ASSET MANAGEMENT LLC added | 261,742 | $2M | 0.1% | 2025-Q3 stale |
| Cubist Systematic Strategies, LLC trimmed | 252,338 | $2M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.