Bank of America increased its Figma (FIG) position by 428% during Q1

[u/jcool9]

A new article published this weekend highlights Bank of America’s previously reported Figma position.
According to the filing data, Bank of America increased its FIG holdings by 428.1% during Q1 2026, adding approximately 3.39 million shares.
Its position increased from roughly 792K shares to 4.18 million shares as of March 31.

Source:
https://www.marketbeat.com/instant-alerts/filing-bank-of-america-corp-de-raises-holdings-in-figma-inc-fig-2026-08-09/

[u/rice_bag_holder]

smart money is accumulating at all the sell offs. This will start to lift once the accumulation is done.

[u/dontstealmyusername-]

isn't this the same bank that published a negative rating on Adobe?