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Affirm

561 hedge funds and large institutions have $15.5B invested in Affirm in 2025 Q2 according to their latest regulatory filings, with 136 funds opening new positions, 212 increasing their positions, 145 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

123% more first-time investments, than exits

New positions opened: 136 | Existing positions closed: 61

115% more funds holding in top 10

Funds holding in top 10: 1328 (+15)

58% more capital invested

Capital invested by funds: $9.77B → $15.5B (+$5.72B)

46% more repeat investments, than reductions

Existing positions increased: 212 | Existing positions reduced: 145

14% more funds holding

Funds holding: 490561 (+71)

1.96% more ownership

Funds ownership: 77.5%79.46% (+2%)

4% less call options, than puts

Call options by funds: $1.11B | Put options by funds: $1.15B

Holders
561
Holders Change
+71
Holders Change %
+14.49%
% of All Funds
7.39%
Holding in Top 10
28
Holding in Top 10 Change
+15
Holding in Top 10 Change %
+115.38%
% of All Funds
0.37%
New
136
Increased
212
Reduced
145
Closed
61
Calls
$1.11B
Puts
$1.15B
Net Calls
-$44.3M
Net Calls Change
-$148M
Name Holding Trade Value Shares
Change
Change in
Stake
SEI Investments
101
SEI Investments
Pennsylvania
$13.7M +$6.33M +122,008 +161%
AAP
102
Ardsley Advisory Partners
Connecticut
$13.5M +$10.2M +197,000 New
First Trust Advisors
103
First Trust Advisors
Illinois
$13.2M +$3.07M +59,297 +45%
HSBC Holdings
104
HSBC Holdings
United Kingdom
$13.2M +$9.69M +186,792 +3,346%
Envestnet Asset Management
105
Envestnet Asset Management
Illinois
$12.9M +$103K +1,986 +1%
TRSOTSOK
106
Teachers Retirement System of the State of Kentucky
Kentucky
$12.8M -$818K -15,781 -8%
DCM
107
Dilation Capital Management
New York
$12.8M +$4.78M +92,195 +100%
QFMHK
108
Q Fund Management (Hong Kong)
$12.6M +$3M +57,800 +47%
Mirae Asset Global ETFs Holdings
109
Mirae Asset Global ETFs Holdings
Hong Kong
$12.5M -$405K -7,814 -4%
WorldQuant Millennium Advisors
110
WorldQuant Millennium Advisors
New York
$12.3M +$9.26M +178,517 New
NCL
111
Nishkama Capital LLC
Puerto Rico
$12.3M +$9.23M +178,003 New
Raymond James Financial
112
Raymond James Financial
Florida
$12.2M +$298K +5,744 +3%
VOYA Investment Management
113
VOYA Investment Management
Georgia
$11.7M +$7.1M +136,843 +423%
AG
114
Algert Global
California
$11.6M -$382K -7,376 -4%
BHCM
115
Brevan Howard Capital Management
Jersey
$11.2M +$3.25M +62,729 +63%
Lord, Abbett & Co
116
Lord, Abbett & Co
New Jersey
$10.9M -$58.4M -1,125,689 -88%
QCM
117
Quantinno Capital Management
New York
$10.8M +$851K +16,404 +12%
Mitsubishi UFJ Asset Management
118
Mitsubishi UFJ Asset Management
Japan
$10.8M -$892K -17,200 -10%
WCM
119
Westerly Capital Management
California
$10.7M +$5.44M +105,000 +210%
Citadel Advisors
120
Citadel Advisors
Florida
$10.4M -$131M -2,526,577 -94%
GLA
121
Great Lakes Advisors
Illinois
$10.3M +$7.72M +148,890 New
Ameriprise
122
Ameriprise
Minnesota
$9.87M -$372K -7,169 -5%
CPW
123
Catalyst Private Wealth
California
$9.41M -$92K -1,775 -1%
Point72 Asset Management
124
Point72 Asset Management
Connecticut
$9.24M +$6.93M +133,583 New
New York State Common Retirement Fund
125
New York State Common Retirement Fund
New York
$9.16M +$259K +5,000 +4%

AFRM Hedge Fund Activity: Q2 2025 in Review

561 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q2 2025, worth a combined $15.5B — up 58% from $9.77B a quarter earlier.

Buyers outnumbered sellers: 136 funds opened new AFRM positions and 61 closed out — a net gain of 75 holders — while 212 added to existing stakes and 145 trimmed.

The largest buyer was BlackRock, adding an estimated $126M. The largest seller was Citadel Advisors, cutting an estimated $131M.

  • 561 institutional investors held Affirm (AFRM) as of Q2 2025, up from 490 in Q1 2025.
  • Funds reported $15.5B of Affirm stock for Q2 2025, up 58% quarter-over-quarter.
  • 136 funds opened new Affirm positions in Q2 2025 and 61 closed out, a net change of +75 holders.
  • The largest Affirm buyer in Q2 2025 was BlackRock, an estimated $126M added.
  • The largest Affirm seller in Q2 2025 was Citadel Advisors, an estimated $131M sold.

Based on aggregated 13F filings for Q2 2025.