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656 hedge funds and large institutions have $21.2B invested in Affirm in 2026 Q2 according to their latest regulatory filings, with 144 funds opening new positions, 260 increasing their positions, 168 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

103% more first-time investments, than exits

New positions opened: 144 | Existing positions closed: 71

92% more capital invested

Capital invested by funds: $11B → $21.2B (+$10.2B)

55% more repeat investments, than reductions

Existing positions increased: 260 | Existing positions reduced: 168

11% more funds holding

Funds holding: 592656 (+64)

6.06% more ownership

Funds ownership: 82.19%88.25% (+6.1%)

10% less call options, than puts

Call options by funds: $789M | Put options by funds: $874M

12% less funds holding in top 10

Funds holding in top 10: 1715 (-2)

Holders
656
Holders Change
+64
Holders Change %
+10.81%
% of All Funds
7.92%
Holding in Top 10
15
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.76%
% of All Funds
0.18%
New
144
Increased
260
Reduced
168
Closed
71
Calls
$789M
Puts
$874M
Net Calls
-$85.4M
Net Calls Change
+$37.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$2.12B +$92.1M +1,408,539 +6%
Capital World Investors
2
Capital World Investors
California
$1.89B +$39.4M +602,213 +3%
Morgan Stanley
3
Morgan Stanley
New York
$1.88B +$83.9M +1,284,287 +6%
BlackRock
4
BlackRock
New York
$1.6B +$57.6M +881,044 +5%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$1.43B +$18.8M +287,275 +2%
JP Morgan Chase
6
JP Morgan Chase
New York
$1.37B +$747M +11,425,906 +216%
Vanguard Capital Management
7
Vanguard Capital Management
Pennsylvania
$1B +$11M +168,515 +1%
Vanguard Portfolio Management
8
Vanguard Portfolio Management
Pennsylvania
$969M +$18.7M +286,412 +2%
State Street
9
State Street
Massachusetts
$518M +$20.8M +318,073 +5%
Baillie Gifford & Co
10
Baillie Gifford & Co
United Kingdom
$478M +$36.2M +554,272 +10%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$465M +$12.4M +189,719 +3%
Winslow Capital Management
12
Winslow Capital Management
Minnesota
$373M +$299M +4,577,562 New
DCP
13
Durable Capital Partners
Maryland
$361M -$80M -1,224,028 -22%
Norges Bank
14
Norges Bank
Norway
$300M +$241M +3,681,211 New
Bank of America
15
Bank of America
North Carolina
$232M +$4.31M +65,962 +2%
UBS Group
16
UBS Group
Switzerland
$205M +$13.7M +209,003 +9%
DCP
17
D1 Capital Partners
New York
$156M -$1.86M -28,389 -1%
Vanguard Fiduciary Trust
18
Vanguard Fiduciary Trust
Pennsylvania
$153M +$4.07M +62,217 +3%
Northern Trust
19
Northern Trust
Illinois
$148M +$3.4M +52,046 +3%
SEI Investments
20
SEI Investments
Pennsylvania
$139M +$97M +1,484,689 +672%
Charles Schwab
21
Charles Schwab
California
$135M +$12.3M +188,378 +13%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$131M +$1.75M +26,729 +2%
Allspring Global Investments
23
Allspring Global Investments
North Carolina
$127M -$3.73M -57,009 -4%
SCM
24
Spyglass Capital Management
California
$125M -$8.14M -124,485 -7%
1832 Asset Management
25
1832 Asset Management
Ontario, Canada
$125M +$100M +1,534,400 New

AFRM Hedge Fund Activity: Q2 2026 in Review

656 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Affirm (AFRM) for Q2 2026, worth a combined $21.2B — up 92% from $11B a quarter earlier.

Buyers outnumbered sellers: 144 funds opened new AFRM positions and 71 closed out — a net gain of 73 holders — while 260 added to existing stakes and 168 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $747M. The largest seller was Citadel Advisors, cutting an estimated $184M.

  • 656 institutional investors held Affirm (AFRM) as of Q2 2026, up from 592 in Q1 2026.
  • Funds reported $21.2B of Affirm stock for Q2 2026, up 92% quarter-over-quarter.
  • 144 funds opened new Affirm positions in Q2 2026 and 71 closed out, a net change of +73 holders.
  • The largest Affirm buyer in Q2 2026 was JP Morgan Chase, an estimated $747M added.
  • The largest Affirm seller in Q2 2026 was Citadel Advisors, an estimated $184M sold.

Based on aggregated 13F filings for Q2 2026.