Affirm
AFRM
313 hedge funds and large institutions have $2.73B invested in Affirm in 2023 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 80 increasing their positions, 99 reducing their positions, and 47 closing their positions.
33% more capital invested
Capital invested by funds: $2.05B → $2.73B (+$679M)
17% more call options, than puts
Call options by funds: $248M | Put options by funds: $212M
17% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 47
2% more funds holding
Funds holding: 307 → 313 (+6)
2.11% less ownership
Funds ownership: 77.54% → 75.43% (-2.1%)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
19% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$30.5M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$28.2M |
| 3 |
Morgan Stanley
New York
|
+$20.6M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$19.3M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LUGPI
Lightspeed Ultimate General Partner IX
Menlo Park,
California
|
-$53.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$35.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$26.2M |
| 4 |
GC
GGV Capital
Menlo Park,
California
|
-$23.2M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
Credit Agricole
Montrouge Cedex,
France
| – | -$3.38K | -300 | Closed |
|
|
AAS
352
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$2.3K | -218 | Closed |
|
|
ZB
353
Zions Bancorporation
Salt Lake City,
Utah
| – | -$2.23K | -198 | Closed |
|
|
TAM
354
Tucker Asset Management
Littleton,
Colorado
| – | -$1.2K | -106 | Closed |
|
|
FRA
355
Front Row Advisors
Tiburon,
California
| – | -$1K | -100 | Closed |
|
|
BTI
356
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1K | -62 | Closed |
|
|
VF
357
VitalStone Financial
Shavano Park,
Texas
| – | -$690 | -52 | -34% |
|
|
GIA
358
GHP Investment Advisors
Denver,
Colorado
| – | -$158 | -14 | Closed |
|
|
GEA
359
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$124 | -11 | Closed |
|
|
CWA
360
Carolina Wealth Advisors
Myrtle Beach,
South Carolina
| – | -$113 | -10 | Closed |
|
AFRM Hedge Fund Activity: Q2 2023 in Review
313 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q2 2023, worth a combined $2.73B — up 33% from $2.05B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new AFRM positions and 47 closed out — a net gain of 8 holders — while 80 added to existing stakes and 99 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $30.5M. The largest seller was Lightspeed Ultimate General Partner IX, exiting entirely with an estimated $53.2M sold.
- 313 institutional investors held Affirm (AFRM) as of Q2 2023, up from 307 in Q1 2023.
- Funds reported $2.73B of Affirm stock for Q2 2023, up 33% quarter-over-quarter.
- 55 funds opened new Affirm positions in Q2 2023 and 47 closed out, a net change of +8 holders.
- The largest Affirm buyer in Q2 2023 was Wellington Management Group, an estimated $30.5M added.
- The largest Affirm seller in Q2 2023 was Lightspeed Ultimate General Partner IX, an estimated $53.2M sold.
Based on aggregated 13F filings for Q2 2023.