Affirm
AFRM
408 hedge funds and large institutions have $10.9B invested in Affirm in 2023 Q4 according to their latest regulatory filings, with 142 funds opening new positions, 88 increasing their positions, 120 reducing their positions, and 37 closing their positions.
284% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 37
161% more capital invested
Capital invested by funds: $4.17B → $10.9B (+$6.73B)
31% more funds holding
Funds holding: 311 → 408 (+97)
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
9.91% more ownership
Funds ownership: 81.79% → 91.71% (+9.9%)
8% less call options, than puts
Call options by funds: $1.21B | Put options by funds: $1.32B
27% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$656M |
| 2 |
D.E. Shaw & Co
New York
|
+$245M |
| 3 |
Two Sigma Advisers
New York
|
+$94.9M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$86.8M |
| 5 |
Renaissance Technologies
New York
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$143M |
| 2 |
SCM
Spyglass Capital Management
San Francisco,
California
|
-$47.8M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$44M |
| 4 |
BC
BIT Capital
Berlin,
Germany
|
-$39.8M |
| 5 |
Goldman Sachs
New York
|
-$30.6M |
AFRM Hedge Fund Activity: Q4 2023 in Review
408 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q4 2023, worth a combined $10.9B — up 161% from $4.17B a quarter earlier.
Buyers outnumbered sellers: 142 funds opened new AFRM positions and 37 closed out — a net gain of 105 holders — while 88 added to existing stakes and 120 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $656M. The largest seller was T. Rowe Price Associates, cutting an estimated $143M.
- 408 institutional investors held Affirm (AFRM) as of Q4 2023, up from 311 in Q3 2023.
- Funds reported $10.9B of Affirm stock for Q4 2023, up 161% quarter-over-quarter.
- 142 funds opened new Affirm positions in Q4 2023 and 37 closed out, a net change of +105 holders.
- The largest Affirm buyer in Q4 2023 was Morgan Stanley, an estimated $656M added.
- The largest Affirm seller in Q4 2023 was T. Rowe Price Associates, an estimated $143M sold.
Based on aggregated 13F filings for Q4 2023.