undamentalytics Newsletter

Figs, Inc.: which funds bought and sold

Institutions that bought and sold Figs shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 132 institutions that filed 13F reports for both quarters added to or opened positions in Figs, and 111 cut or closed them. Together they added a net 4.6M shares, +3.1% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 1.8M shares (+2.0%); index fund managers were net buyers of 1.8M shares (+7.0%). 44 opened a new position and 42 sold out entirely.

Bought, Q2 2026 132 institutions, 44 of them new holders Sold, Q2 2026 111 institutions, 42 of them sold out
Net change, all compared +4.6M shares (+3.1%)
Net change, active managers +1.8M shares (+2.0%), 29 bought, 24 sold

Buyers versus sellers

institutions compared, 277
Active managers and hedge funds 29 bought · 24 sold · +1.8M
Index fund managers 9 bought · 1 sold · +1.8M
Other institutions 94 bought · 86 sold · +1.0M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Jane Street Group, LLC +2.0M +4637.8% 2.1M $21.2M
Woodline Partners LP Hedge fund +1.4M New position 1.4M $14.6M
Goldman Sachs Group Inc +1.3M +56.5% 3.7M $37.7M
Wellington Management Group LLP Active manager +1.2M New position 1.2M $12.3M
Mackenzie Financial Corp +1.1M New position 1.1M $11.7M
Marshall Wace, LLP Hedge fund +1.1M +34.8% 4.3M $44.4M
Driehaus Capital Management LLC Active manager +987K +23.6% 5.2M $52.8M
Balyasny Asset Management L.P. Hedge fund +964K New position 964K $9.9M
Blackrock, Inc. Index funds +704K +9.0% 8.5M $87.4M
First Trust Advisors LP +677K +884.3% 754K $7.7M
Citadel Advisors LLC Hedge fund +565K +45.6% 1.8M $18.5M
Connor, Clark & Lunn Investment Management Ltd. +439K +301.0% 585K $6M
Susquehanna Portfolio Strategies, LLC +353K New position 353K $3.6M
Jacobs Levy Equity Management, Inc Active manager +316K +18.6% 2.0M $20.6M
Vanguard Portfolio Management LLC Index funds +299K +7.3% 4.4M $44.9M
Victory Capital Management Inc Active manager +294K +1711.3% 311K $3.2M
Geode Capital Management, LLC Index funds +275K +8.2% 3.6M $37.3M
Black Creek Investment Management Inc. +256K +31.0% 1.1M $11M
FMR LLC Active manager +247K +59.2% 665K $6.8M
Y-Intercept (Hong Kong) Ltd +241K New position 241K $2.5M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Ameriprise Financial Inc −2.0M −51.5% 1.9M $19.7M
UBS Group AG −1.9M −75.8% 612K $6.3M
T. Rowe Price Investment Management, Inc. Active manager −1.9M Sold out 0 —
Trexquant Investment LP Hedge fund −807K −96.3% 31K $320,332
D. E. Shaw & Co., Inc. Hedge fund −639K −60.9% 410K $4.2M
Walleye Capital LLC Hedge fund −571K −99.7% 1,526 $15,611
Bridgewater Associates, LP Hedge fund −475K −91.4% 45K $459,174
Bank Of America Corp −411K −52.0% 379K $3.9M
Two Sigma Investments, LP Hedge fund −411K −14.4% 2.4M $24.9M
Squarepoint Ops LLC Hedge fund −406K −74.8% 137K $1.4M
Informed Momentum Co LLC −354K Sold out 0 —
Nuveen, LLC −341K −15.3% 1.9M $19.3M
HRT Financial LP −338K Sold out 0 —
Arrowstreet Capital, Limited Partnership Hedge fund −331K −8.1% 3.7M $38.3M
Engineers Gate Manager LP Hedge fund −299K Sold out 0 —
LGT Fund Management Co Ltd. −268K Sold out 0 —
Penserra Capital Management LLC −229K −56.8% 174K $1.8M
Castleark Management LLC −199K Sold out 0 —
AQR Capital Management LLC Hedge fund −174K −37.0% 296K $3M
Occudo Quantitative Strategies LP −170K Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Woodline Partners LPHedge fund 1.4M $14.6M
Wellington Management Group LLPActive manager 1.2M $12.3M
Mackenzie Financial Corp 1.1M $11.7M
Balyasny Asset Management L.P.Hedge fund 964K $9.9M
Susquehanna Portfolio Strategies, LLC 353K $3.6M
Y-Intercept (Hong Kong) Ltd 241K $2.5M
Panagora Asset Management IncActive manager 212K $2.2M
Armistice Capital, LLCHedge fund 130K $1.3M
Man Group PLCHedge fund 126K $1.3M
Precision Wealth Strategies, LLC 108K $1.1M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
T. Rowe Price Investment Management, Inc.Active manager 1.9M $27.4M
Informed Momentum Co LLC 354K $5.2M
HRT Financial LP 338K $5M
Engineers Gate Manager LPHedge fund 299K $4.4M
LGT Fund Management Co Ltd. 268K $4M
Castleark Management LLC 199K $2.9M
Occudo Quantitative Strategies LP 170K $2.5M
Lisanti Capital Growth, LLC 137K $2M
Polen Capital Management LLCActive manager 121K $1.8M
Quantedge Capital Pte Ltd 121K $1.8M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
241
Ten largest holders
65.2%
of 13F-reported shares
Index fund managers
17.6%
of 13F-reported shares
Active managers and hedge funds
59.4%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 29 24 12 10 +1.8M +2.0%
Index fund managers 9 1 0 0 +1.8M +7.0%
Other institutions 94 86 32 32 +1.0M +3.0%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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