Baillie Gifford & Co. increased its stake in Figma, Inc. by 93.8% during the fourth quarter. The firm purchased 2,789,986 additional shares, according to a 13F filing dated April 13, 2026.
This transaction brings the firm's total holdings to 5,763,613 shares. The total position is valued at approximately $215.39 million.
The increased ownership serves as a counter-signal to recent declines in Figma's stock price. While AI-native competition pressures the SaaS sector, the move indicates long-term confidence in the design software company’s value.