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Affirm

561 hedge funds and large institutions have $15.5B invested in Affirm in 2025 Q2 according to their latest regulatory filings, with 136 funds opening new positions, 212 increasing their positions, 145 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

123% more first-time investments, than exits

New positions opened: 136 | Existing positions closed: 61

115% more funds holding in top 10

Funds holding in top 10: 1328 (+15)

58% more capital invested

Capital invested by funds: $9.77B → $15.5B (+$5.72B)

46% more repeat investments, than reductions

Existing positions increased: 212 | Existing positions reduced: 145

14% more funds holding

Funds holding: 490561 (+71)

1.96% more ownership

Funds ownership: 77.5%79.46% (+2%)

4% less call options, than puts

Call options by funds: $1.11B | Put options by funds: $1.15B

Holders
561
Holders Change
+71
Holders Change %
+14.49%
% of All Funds
7.39%
Holding in Top 10
28
Holding in Top 10 Change
+15
Holding in Top 10 Change %
+115.38%
% of All Funds
0.37%
New
136
Increased
212
Reduced
145
Closed
61
Calls
$1.11B
Puts
$1.15B
Net Calls
-$44.3M
Net Calls Change
-$148M
Name Holding Trade Value Shares
Change
Change in
Stake
EI
301
Ellevest Inc
New York
$612K -$12.8K -246 -3%
CCIA
302
Campbell & Co Investment Adviser
Maryland
$608K +$456K +8,798 New
WPC
303
Wedmont Private Capital
Pennsylvania
$598K +$6.69K +129 +2%
BCI
304
Brinker Capital Investments
Pennsylvania
$598K +$448K +8,649 New
EF
305
Empowered Funds
Pennsylvania
$591K -$430K -8,302 -49%
TWC
306
TD Waterhouse Canada
Ontario, Canada
$584K -$28.6K -552 -6%
IFPG
307
Intrepid Financial Planning Group
Indiana
$577K
CWM
308
Congress Wealth Management
Massachusetts
$567K +$425K +8,200 New
CIBC Asset Management
309
CIBC Asset Management
Ontario, Canada
$560K
GA
310
GraniteShares Advisors
New York
$554K +$415K +8,007 New
IFWM
311
Institute for Wealth Management
Colorado
$543K
MC
312
Machina Capital
France
$532K +$399K +7,693 New
SCM
313
Sterling Capital Management
North Carolina
$517K -$359K -6,931 -48%
RS
314
Rakuten Securities
Japan
$516K +$245K +4,727 +172%
SPIA
315
Steward Partners Investment Advisory
New York
$516K +$248K +4,780 +178%
FFM
316
Forum Financial Management
Illinois
$516K -$5.08K -98 -1%
KPWS
317
Kestra Private Wealth Services
Texas
$510K +$77.4K +1,492 +25%
SAM
318
Shell Asset Management
Netherlands
$505K -$68.3K -1,318 -15%
ECM
319
Everence Capital Management
Indiana
$500K
OIM
320
Oder Investment Management
California
$498K -$10.3K -198 -3%
UCFA
321
United Capital Financial Advisors
Texas
$488K +$17.1K +329 +5%
GWMR
322
GC Wealth Management RIA
Massachusetts
$485K +$364K +7,012 New
SC
323
Shearwater Capital
Colorado
$484K
Capstone Investment Advisors
324
Capstone Investment Advisors
New York
$477K -$232K -4,478 -39%
PAS
325
Park Avenue Securities
New York
$475K +$356K +6,866 New

AFRM Hedge Fund Activity: Q2 2025 in Review

561 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q2 2025, worth a combined $15.5B — up 58% from $9.77B a quarter earlier.

Buyers outnumbered sellers: 136 funds opened new AFRM positions and 61 closed out — a net gain of 75 holders — while 212 added to existing stakes and 145 trimmed.

The largest buyer was BlackRock, adding an estimated $126M. The largest seller was Citadel Advisors, cutting an estimated $131M.

  • 561 institutional investors held Affirm (AFRM) as of Q2 2025, up from 490 in Q1 2025.
  • Funds reported $15.5B of Affirm stock for Q2 2025, up 58% quarter-over-quarter.
  • 136 funds opened new Affirm positions in Q2 2025 and 61 closed out, a net change of +75 holders.
  • The largest Affirm buyer in Q2 2025 was BlackRock, an estimated $126M added.
  • The largest Affirm seller in Q2 2025 was Citadel Advisors, an estimated $131M sold.

Based on aggregated 13F filings for Q2 2025.