Freestone Capital Acquires $10M Stake in Design Software Firm Figma

The investment firm bought over 275,000 shares in the fourth quarter, becoming a significant shareholder in the fast-growing tech company.

Apr. 14, 2026 at 9:08am by

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An extreme close-up of the intricate inner workings and machinery of a modern financial institution, conveying the scale, complexity and industrial might behind the digital banking and investment platforms of today.Freestone Capital's multi-million dollar investment in Figma highlights the growing institutional interest in the design software company's innovative cloud-based technology.San Francisco Today

Freestone Capital Holdings LLC acquired a new position in shares of Figma, Inc. (NYSE:FIG) during the 4th quarter, according to a recent SEC filing. The investment firm bought 275,538 shares of the design software company's stock, valued at approximately $10.3 million. This represents around 0.07% ownership of Figma.

Why it matters

Figma has seen rapid growth in recent years as its collaborative design platform has become widely adopted by tech companies and creative teams. The investment by Freestone Capital, a prominent wealth management firm, signals confidence in Figma's long-term prospects as it competes with Adobe's design tools.

The details

Several other hedge funds have also bought and sold Figma shares in recent quarters, indicating growing institutional interest in the company. Figma's stock has traded between $17.73 and $142.92 over the past 52 weeks, with the share price currently around $19.15.

  • Freestone Capital acquired the Figma shares in the fourth quarter of 2025.
  • Figma released its latest quarterly earnings report on February 18, 2026.

The players

Freestone Capital Holdings LLC

An investment management firm that acquired a new position in Figma, Inc. during the fourth quarter of 2025.

Figma, Inc.

A San Francisco-based software company that offers a web-based platform for interface design, prototyping and collaboration.

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What’s next

Figma is expected to provide an update on its business performance and growth strategy when it reports its next quarterly earnings in May 2026.

The takeaway

The investment by Freestone Capital in Figma underscores the design software company's rising prominence in the tech industry, as it continues to challenge incumbents like Adobe with its innovative cloud-based collaboration tools.