Affirm
AFRM
307 hedge funds and large institutions have $2.05B invested in Affirm in 2023 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 97 increasing their positions, 88 reducing their positions, and 85 closing their positions.
29% more capital invested
Capital invested by funds: $1.59B → $2.05B (+$461M)
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
10% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 88
6.16% more ownership
Funds ownership: 71.38% → 77.54% (+6.2%)
13% less funds holding
Funds holding: 354 → 307 (-47)
39% less call options, than puts
Call options by funds: $200M | Put options by funds: $327M
48% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$193M |
| 2 |
Morgan Stanley
New York
|
+$87.4M |
| 3 |
LUGPI
Lightspeed Ultimate General Partner IX
Menlo Park,
California
|
+$59.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$50.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$58.6M |
| 2 |
JP Morgan Chase
New York
|
-$18.1M |
| 3 |
BlackRock
New York
|
-$17.1M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$13.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.7M |
AFRM Hedge Fund Activity: Q1 2023 in Review
307 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q1 2023, worth a combined $2.05B — up 29% from $1.59B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of AFRM and 44 opened new positions — a net loss of 41 holders — while 88 trimmed existing stakes and 97 added.
The largest buyer was Capital World Investors, opening a new position worth an estimated $193M. The largest seller was Capital Research Global Investors, cutting an estimated $58.6M.
- 307 institutional investors held Affirm (AFRM) as of Q1 2023, down from 354 in Q4 2022.
- Funds reported $2.05B of Affirm stock for Q1 2023, up 29% quarter-over-quarter.
- 44 funds opened new Affirm positions in Q1 2023 and 85 closed out, a net change of -41 holders.
- The largest Affirm buyer in Q1 2023 was Capital World Investors, an estimated $193M added.
- The largest Affirm seller in Q1 2023 was Capital Research Global Investors, an estimated $58.6M sold.
Based on aggregated 13F filings for Q1 2023.