Affirm
AFRM
338 hedge funds and large institutions have $13.2B invested in Affirm in 2021 Q3 according to their latest regulatory filings, with 151 funds opening new positions, 78 increasing their positions, 71 reducing their positions, and 39 closing their positions.
287% more first-time investments, than exits
New positions opened: 151 | Existing positions closed: 39
120% more capital invested
Capital invested by funds: $6.01B → $13.2B (+$7.22B)
103% more call options, than puts
Call options by funds: $1.9B | Put options by funds: $932M
47% more funds holding
Funds holding: 230 → 338 (+108)
10% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 71
1.71% less ownership
Funds ownership: 60.56% → 58.86% (-1.7%)
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$806M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$578M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$369M |
| 4 |
Morgan Stanley
New York
|
+$266M |
| 5 |
MCM
Melvin Capital Management
New York
|
+$256M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMNY
Thrive Capital Management (New York)
New York
|
-$265M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$189M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$180M |
| 4 |
MCM
Moore Capital Management
New York
|
-$128M |
| 5 |
JP Morgan Chase
New York
|
-$96.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
376
CI Investments Inc
Toronto,
Ontario, Canada
| – | +$240 | +3 | New |
|
|
VCM
377
Versant Capital Management
Phoenix,
Arizona
| – | +$320 | +4 | New |
|
AFRM Hedge Fund Activity: Q3 2021 in Review
338 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q3 2021, worth a combined $13.2B — up 120% from $6.01B a quarter earlier.
Buyers outnumbered sellers: 151 funds opened new AFRM positions and 39 closed out — a net gain of 112 holders — while 78 added to existing stakes and 71 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $806M. The largest seller was Thrive Capital Management (New York), exiting entirely with an estimated $265M sold.
- 338 institutional investors held Affirm (AFRM) as of Q3 2021, up from 230 in Q2 2021.
- Funds reported $13.2B of Affirm stock for Q3 2021, up 120% quarter-over-quarter.
- 151 funds opened new Affirm positions in Q3 2021 and 39 closed out, a net change of +112 holders.
- The largest Affirm buyer in Q3 2021 was T. Rowe Price Associates, an estimated $806M added.
- The largest Affirm seller in Q3 2021 was Thrive Capital Management (New York), an estimated $265M sold.
Based on aggregated 13F filings for Q3 2021.