Affirm
AFRM
385 hedge funds and large institutions have $7.19B invested in Affirm in 2024 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 126 increasing their positions, 113 reducing their positions, and 85 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 113
6% less funds holding
Funds holding: 408 → 385 (-23)
14% less call options, than puts
Call options by funds: $648M | Put options by funds: $758M
17.19% less ownership
Funds ownership: 91.71% → 74.52% (-17%)
22% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 85
34% less capital invested
Capital invested by funds: $10.9B → $7.19B (-$3.72B)
35% less funds holding in top 10
Funds holding in top 10: 17 → 11 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$82.6M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$78.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$52.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$35.2M |
| 5 |
Goldman Sachs
New York
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.04B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$103M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
-$96M |
| 4 |
Jane Street
New York
|
-$58.8M |
| 5 |
Renaissance Technologies
New York
|
-$57.4M |
AFRM Hedge Fund Activity: Q1 2024 in Review
385 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q1 2024, worth a combined $7.19B — down 34% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of AFRM and 66 opened new positions — a net loss of 19 holders — while 113 trimmed existing stakes and 126 added.
The largest buyer was UBS Group, adding an estimated $82.6M. The largest seller was Morgan Stanley, cutting an estimated $1.04B.
- 385 institutional investors held Affirm (AFRM) as of Q1 2024, down from 408 in Q4 2023.
- Funds reported $7.19B of Affirm stock for Q1 2024, down 34% quarter-over-quarter.
- 66 funds opened new Affirm positions in Q1 2024 and 85 closed out, a net change of -19 holders.
- The largest Affirm buyer in Q1 2024 was UBS Group, an estimated $82.6M added.
- The largest Affirm seller in Q1 2024 was Morgan Stanley, an estimated $1.04B sold.
Based on aggregated 13F filings for Q1 2024.