Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Figma Inc (FIG)

311 + Investors. Track Smart Money conviction in FIG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
3Q ▲
Buyers last Q
60%

Smart Money Signals — FIG

Based on 313 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added FIG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
313 hedge funds hold FIG right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +4371% more funds vs a year ago

fund count last 6Q
+306 new funds entered over the past year (+4371% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 60% buying

209 buying140 selling
Last quarter: 209 funds were net buyers (89 opened a brand new position + 120 added to an existing one). Only 140 were sellers (55 trimmed + 85 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-42 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 1 → 228 → 131 → 89. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 89% entered in last year

■ 3% conviction (2yr+) ■ 8% medium ■ 89% new
Only 10 funds (3%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares +26%, value -32%

Value
-31%
Shares
+26%
Last quarter: funds added +26% more shares while total portfolio value only changed -32%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~89 new funds/quarter

1 → 1 → 228 → 131 → 89 new funds/Q
New funds entering each quarter: 1 → 228 → 131 → 89. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 92% of holders entered in last year

■ 7% veterans ■ 1% 1-2yr ■ 92% new
Of 338 current holders: 310 (92%) entered in the past year, only 25 (7%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 24% AUM from major funds

24% from top-100 AUM funds
42 of 313 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
7.2
out of 10
High Exit Risk
Exit risk score 7.2/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FIG

In 2026 Q1, 209 hedge funds were net buyers of FIG (89 opened a new position, 120 added to an existing one), while 140 reduced or exited (55 trimmed, 85 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 24% of total institutional value in FIG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 313.

Hedge Fund Ownership: FIG

How many hedge funds hold FIG — quarterly history vs. share price
Quarterly hedge fund ownership of FIG vs. share price

Market Analysis: FIG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FIG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Figma Inc (FIG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FIG has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
FIG
-12.3%
XLK
+39.1%

FIG outperformed XLK by -51.4% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
FIG
-19.1%
XLK
+4.8%

Since the filing became public, FIG outperformed XLK by -23.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

25 top-rated funds 9 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
4.6
/ 10
conviction
Hedge Fund Positioning: FIG
311 + Investors

Track Smart Money conviction in FIG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 311 309 0.65%
13F Shares 347M 275M 26.17%
Total Value $6.94B $10.19B -31.87%
New Positions 88 131 -43
Increased Positions 120 94 +26
Closed Positions 86 56 +30
Reduced Positions 44 45 -1
Total Calls 19 13 46.15%
Total Puts 11 11 -
PUT/CALL Ratio 0.58 0.85 Bullish

Statistics: FIG

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Income Statement & Cash Flow
Revenue (ttm) --
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

311 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FIG. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FIG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Greylock XIV GP LLC 100.00% 58,420,365 $1.24B
2 Goanna Capital Management LLC 73.54% 227,320 $8.5M
3 Index Venture Associates VI Ltd 57.81% 57,658,069 $1.22B
4 Cosmic Management, LLC 37.46% 4,054,988 $85.7M
5 Index Venture Growth Associates IV Ltd 33.30% 2,565,225 $54.2M
6 Thrive Capital Management, LLC 27.04% 4,396,636 $92.9M
7 Index Venture Growth Associates V Ltd 26.95% 2,348,955 $49.7M
8 a16z Capital Management, L.L.C. 26.23% 16,011,378 $338.5M
9 Sc US (ttgp), LTD. 6.11% 26,728,171 $565.0M
10 Westerly Capital Management, LLC 1.44% 250,000 $5.3M
11 West Tower Group, LLC 1.39% 21,000 $444K
12 Greenoaks Capital Partners LLC 1.38% 1,500,000 $31.7M
13 SurgoCap Partners LP 1.32% 1,867,515 $39.5M
14 Caerus Investment Advisors, LLC 1.23% 140,000 $3.0M
15 Caerus Investment Advisors, LLC 1.19% 135,805 $2.9M
16 Madrone Advisors, LLC 1.11% 538,956 $11.4M
17 Renaissance Capital LLC 1.10% 85,809 $1.5M
18 Warm Springs Advisors Inc. 1.08% 60,000 $1.3M
19 Crosslink Capital Inc 1.07% 517,380 $10.9M
20 Scientech Research LLC 1.00% 56,986 $1.2M
21 TFJ Management, LLC 1.00% 66,604 $1.4M
22 Torrey Growth & Income Advisors 0.83% 94,880 $2.0M
23 Pursue Wealth Partners LLC 0.75% 58,973 $1.2M
24 Abu Dhabi Investment Council Co P.J.S.C 0.75% 500,021 $7.3M
25 Compound Planning, Inc. 0.57% 879,216 $18.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Figma Inc (FIG)

What does the Smart Money Trend signal show for FIG?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added FIG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FIG?

More buyers than sellers — 60% buying: Last quarter: 209 funds were net buyers (89 opened a brand new position + 120 added to an existing one). Only 140 were sellers (55 trimmed + 85 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FIG holders?

Strong quality — 24% AUM from major funds: 42 of 313 holders rank in the top 100 by AUM, accounting for 24% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held FIG?

Mostly new holders — 89% entered in last year: Only 10 funds (3%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy Figma Inc (FIG) following the 2026 Q1 hedge fund 13F filings?

As of today, FIG has moved -19.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLK sector ETF — an outperformance of -23.9%. Since the quarter end (March 31, 2026), FIG has gained -12.3% vs +39.1% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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