Investing

Bamco Takes Significant Position in FIGS / FIGS, Inc.

monkeybusinessimages / Getty Images

Fintel reports Bamco has filed a 13G form with the SEC disclosing ownership of 16,088,192 shares of FIGS, Inc. (FIGS). This represents 10.13% of the company.

FIGS is an apparel company that provides fashionable scrubs for medical professionals.

What are other large shareholders doing?

PRNHX – T. Rowe Price New Horizons Fund, Inc. holds 11,598,277 shares representing 7.01% ownership of the company. In it’s prior filing, the firm reported owning 8,839,177 shares, representing an increase of 23.79%. The firm increased its portfolio allocation in FIGS by 30.38% over the last quarter.

Vanguard Group Inc holds 11,531,940 shares representing 6.97% ownership of the company. In it’s prior filing, the firm reported owning 8,494,827 shares, representing an increase of 26.34%. The firm decreased its portfolio allocation in FIGS by 31.71% over the last quarter.

Fmr Llc holds 10,263,557 shares representing 6.21% ownership of the company. In it’s prior filing, the firm reported owning 17,868,359 shares, representing a decrease of 74.10%. The firm decreased its portfolio allocation in FIGS by 69.67% over the last quarter.

Macquarie Group Ltd holds 9,213,314 shares representing 5.57% ownership of the company. In it’s prior filing, the firm reported owning 8,283,464 shares, representing an increase of 10.09%. The firm decreased its portfolio allocation in FIGS by 77.83% over the last quarter.

BlackRock Inc. holds 8,823,471 shares representing 5.34% ownership of the company. In it’s prior filing, the firm reported owning 4,370,119 shares, representing an increase of 50.47%. The firm decreased its portfolio allocation in FIGS by 91.84% over the last quarter.

What is the overall institutional sentiment?

There are 490 funds or institutions reporting positions in FIGS, Inc.. This is an increase of 69 owner(s) or 16.39%.

Average portfolio weight of all funds dedicated to FIGS, Inc. is 0.1623%, a decrease of 22.1538%. Total shares owned by institutions increased in the last three months by 2.35% to 149,356,080 shares.

This article originally appeared on Fintel

Find a Qualified Financial Advisor (Sponsor)

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.