Affirm
AFRM
501 hedge funds and large institutions have $12.6B invested in Affirm in 2024 Q4 according to their latest regulatory filings, with 132 funds opening new positions, 152 increasing their positions, 154 reducing their positions, and 51 closing their positions.
159% more first-time investments, than exits
New positions opened: 132 | Existing positions closed: 51
57% more capital invested
Capital invested by funds: $8.07B → $12.6B (+$4.56B)
18% more funds holding
Funds holding: 426 → 501 (+75)
2.38% more ownership
Funds ownership: 73.91% → 76.29% (+2.4%)
1% more call options, than puts
Call options by funds: $1.25B | Put options by funds: $1.24B
1% less repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 154
12% less funds holding in top 10
Funds holding in top 10: 17 → 15 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$499M |
| 2 |
BlackRock
New York
|
+$201M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$161M |
| 4 |
Coatue Management
New York
|
+$146M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$91.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$384M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$147M |
| 3 |
D.E. Shaw & Co
New York
|
-$143M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$116M |
| 5 |
Millennium Management
New York
|
-$62.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
551
MCF Advisors
Covington,
Kentucky
| – | -$123 | -3 | Closed |
|
552
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$122 | -3 | Closed |
|
|
MFG
553
Mendota Financial Group
Madison,
Wisconsin
| – | -$82 | -2 | Closed |
|
AFRM Hedge Fund Activity: Q4 2024 in Review
501 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q4 2024, worth a combined $12.6B — up 57% from $8.07B a quarter earlier.
Buyers outnumbered sellers: 132 funds opened new AFRM positions and 51 closed out — a net gain of 81 holders — while 152 added to existing stakes and 154 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $499M. The largest seller was Morgan Stanley, cutting an estimated $384M.
- 501 institutional investors held Affirm (AFRM) as of Q4 2024, up from 426 in Q3 2024.
- Funds reported $12.6B of Affirm stock for Q4 2024, up 57% quarter-over-quarter.
- 132 funds opened new Affirm positions in Q4 2024 and 51 closed out, a net change of +81 holders.
- The largest Affirm buyer in Q4 2024 was Fidelity Investments, an estimated $499M added.
- The largest Affirm seller in Q4 2024 was Morgan Stanley, an estimated $384M sold.
Based on aggregated 13F filings for Q4 2024.