Affirm
AFRM
311 hedge funds and large institutions have $4.17B invested in Affirm in 2023 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 98 increasing their positions, 90 reducing their positions, and 50 closing their positions.
53% more capital invested
Capital invested by funds: $2.73B → $4.17B (+$1.45B)
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
6.36% more ownership
Funds ownership: 75.43% → 81.79% (+6.4%)
9% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 90
2% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 50
1% less funds holding
Funds holding: 313 → 311 (-2)
1% less call options, than puts
Call options by funds: $361M | Put options by funds: $365M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$135M |
| 2 |
Two Sigma Investments
New York
|
+$80.8M |
| 3 |
BC
BIT Capital
Berlin,
Germany
|
+$39.1M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$36.6M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$33.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$32.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$26.6M |
| 3 |
Capital Fund Management (CFM)
Paris,
France
|
-$17.1M |
| 4 |
Man Group
London,
United Kingdom
|
-$14.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.3M |
AFRM Hedge Fund Activity: Q3 2023 in Review
311 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q3 2023, worth a combined $4.17B — up 53% from $2.73B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new AFRM positions and 50 closed out — a net gain of 1 holder — while 98 added to existing stakes and 90 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $135M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $32.6M sold.
- 311 institutional investors held Affirm (AFRM) as of Q3 2023, down from 313 in Q2 2023.
- Funds reported $4.17B of Affirm stock for Q3 2023, up 53% quarter-over-quarter.
- 51 funds opened new Affirm positions in Q3 2023 and 50 closed out, a net change of +1 holder.
- The largest Affirm buyer in Q3 2023 was Morgan Stanley, an estimated $135M added.
- The largest Affirm seller in Q3 2023 was Alyeska Investment Group, an estimated $32.6M sold.
Based on aggregated 13F filings for Q3 2023.