Affirm
AFRM
407 hedge funds and large institutions have $9.51B invested in Affirm in 2023 Q4 according to their latest regulatory filings, with 141 funds opening new positions, 87 increasing their positions, 121 reducing their positions, and 37 closing their positions.
281% more first-time investments, than exits
New positions opened: 141 | Existing positions closed: 37
128% more capital invested
Capital invested by funds: $4.17B → $9.51B (+$5.34B)
31% more funds holding
Funds holding: 311 → 407 (+96)
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
8% less call options, than puts
Call options by funds: $1.21B | Put options by funds: $1.32B
1.79% less ownership
Funds ownership: 81.79% → 80% (-1.8%)
28% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 121
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$245M |
| 2 |
Two Sigma Advisers
New York
|
+$94.9M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$86.8M |
| 4 |
Renaissance Technologies
New York
|
+$29.8M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$164M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$143M |
| 3 |
SCM
Spyglass Capital Management
San Francisco,
California
|
-$47.8M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$44M |
| 5 |
BC
BIT Capital
Berlin,
Germany
|
-$39.8M |
AFRM Hedge Fund Activity: Q4 2023 in Review
407 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q4 2023, worth a combined $9.51B — up 128% from $4.17B a quarter earlier.
Buyers outnumbered sellers: 141 funds opened new AFRM positions and 37 closed out — a net gain of 104 holders — while 87 added to existing stakes and 121 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $245M. The largest seller was Morgan Stanley, cutting an estimated $164M.
- 407 institutional investors held Affirm (AFRM) as of Q4 2023, up from 311 in Q3 2023.
- Funds reported $9.51B of Affirm stock for Q4 2023, up 128% quarter-over-quarter.
- 141 funds opened new Affirm positions in Q4 2023 and 37 closed out, a net change of +104 holders.
- The largest Affirm buyer in Q4 2023 was D.E. Shaw & Co, an estimated $245M added.
- The largest Affirm seller in Q4 2023 was Morgan Stanley, an estimated $164M sold.
Based on aggregated 13F filings for Q4 2023.