Affirm
AFRM
426 hedge funds and large institutions have $8.07B invested in Affirm in 2024 Q3 according to their latest regulatory filings, with 94 funds opening new positions, 128 increasing their positions, 133 reducing their positions, and 43 closing their positions.
119% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 43
42% more funds holding in top 10
Funds holding in top 10: 12 → 17 (+5)
40% more capital invested
Capital invested by funds: $5.77B → $8.07B (+$2.3B)
25% more call options, than puts
Call options by funds: $918M | Put options by funds: $735M
13% more funds holding
Funds holding: 378 → 426 (+48)
1.59% more ownership
Funds ownership: 72.32% → 73.91% (+1.6%)
4% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 133
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$155M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$98.5M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$67.6M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$57.4M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$39.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$115M |
| 2 |
Two Sigma Advisers
New York
|
-$76.8M |
| 3 |
D.E. Shaw & Co
New York
|
-$60.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$48.4M |
| 5 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$45.2M |
AFRM Hedge Fund Activity: Q3 2024 in Review
426 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q3 2024, worth a combined $8.07B — up 40% from $5.77B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new AFRM positions and 43 closed out — a net gain of 51 holders — while 128 added to existing stakes and 133 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $155M. The largest seller was Baillie Gifford & Co, cutting an estimated $115M.
- 426 institutional investors held Affirm (AFRM) as of Q3 2024, up from 378 in Q2 2024.
- Funds reported $8.07B of Affirm stock for Q3 2024, up 40% quarter-over-quarter.
- 94 funds opened new Affirm positions in Q3 2024 and 43 closed out, a net change of +51 holders.
- The largest Affirm buyer in Q3 2024 was Jericho Capital Asset Management, an estimated $155M added.
- The largest Affirm seller in Q3 2024 was Baillie Gifford & Co, an estimated $115M sold.
Based on aggregated 13F filings for Q3 2024.