ThornTree Capital Partners’s Affirm AFRM Stock Holding History

ThornTree Capital Partners’s Portfolio AFRM Stock Details AFRM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$38.2M	Buy	834,289 +66,535	+9%	+$3.84M	6.78%	9
2025 Q4	$57.1M	Buy	767,754 +352,155	+85%	+$25.3M	9.56%	2
2025 Q3	$30.4M	Sell	415,599 -175,477	-30%	-$13.4M	4.65%	14
2025 Q2	$40.9M	Sell	591,076 -71,765	-11%	-$3.72M	6.8%	4
2025 Q1	$30M	Sell	662,841 -11,240	-2%	-$666K	6.61%	6
2024 Q4	$41.1M	Sell	674,081 -42,634	-6%	-$2.37M	6.89%	6
2024 Q3	$29.3M	Sell	716,715 -181,133	-20%	-$6.01M	6.11%	9
2024 Q2	$27.1M	Buy	+897,848	New	+$28.8M	4.62%	11
2022 Q4	–	Sell	-417,962	Closed	-$7.84M	–	18
2022 Q3	$7.84M	Sell	417,962 -17,598	-4%	-$460K	2.67%	15
2022 Q2	$7.87M	Sell	435,560 -14,013	-3%	-$381K	3.08%	12
2022 Q1	$20.8M	Buy	449,573 +134,022	+42%	+$7.01M	4.56%	12
2021 Q4	$31.7M	Sell	315,551 -232,308	-42%	-$30.7M	6.14%	7
2021 Q3	$65.3M	Sell	547,859 -68,012	-11%	-$5.43M	10.52%	1
2021 Q2	$41.5M	Sell	615,871 -142,187	-19%	-$9.07M	6.44%	4
2021 Q1	$53.6M	Buy	+758,058	New	+$73.7M	7.62%	2

Other funds holding AFRM

Capital Research Global Investors

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Capital World Investors

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

BlackRock New York $5.7T AUM 30.48% 1-Year Est. Return

Fidelity Investments

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Durable Capital Partners Bethesda, Maryland $9.71B AUM 26.27% 1-Year Est. Return

Geode Capital Management

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return