Affirm
AFRM
384 hedge funds and large institutions have $7.19B invested in Affirm in 2024 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 127 increasing their positions, 112 reducing their positions, and 84 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 112
5.48% less ownership
Funds ownership: 80% → 74.52% (-5.5%)
6% less funds holding
Funds holding: 407 → 384 (-23)
14% less call options, than puts
Call options by funds: $648M | Put options by funds: $758M
23% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 84
24% less capital invested
Capital invested by funds: $9.51B → $7.19B (-$2.32B)
35% less funds holding in top 10
Funds holding in top 10: 17 → 11 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$87.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$82.6M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$78.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$52.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$35.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$103M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
-$96M |
| 3 |
Jane Street
New York
|
-$58.8M |
| 4 |
Renaissance Technologies
New York
|
-$57.4M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$54.9M |
AFRM Hedge Fund Activity: Q1 2024 in Review
384 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q1 2024, worth a combined $7.19B — down 24% from $9.51B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of AFRM and 65 opened new positions — a net loss of 19 holders — while 112 trimmed existing stakes and 127 added.
The largest buyer was Morgan Stanley, adding an estimated $87.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $103M.
- 384 institutional investors held Affirm (AFRM) as of Q1 2024, down from 407 in Q4 2023.
- Funds reported $7.19B of Affirm stock for Q1 2024, down 24% quarter-over-quarter.
- 65 funds opened new Affirm positions in Q1 2024 and 84 closed out, a net change of -19 holders.
- The largest Affirm buyer in Q1 2024 was Morgan Stanley, an estimated $87.8M added.
- The largest Affirm seller in Q1 2024 was T. Rowe Price Associates, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2024.