Who owns Affirm Holdings (AFRM)
Which tracked institutional funds hold AFRM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See AFRM company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on AFRM is one-sided between 2026-Q1 and 2026-Q2: 333 added or opened and 91 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
AFRM’s largest tracked holder by dollar value, Capital Research Global Investors, sizes it at 0.3% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in AFRM divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 622 tracked filers holding AFRM, 381 increased or opened the position and 273 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in AFRM between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 55
- Winslow Capital Management, LLC$373M
- 1832 Asset Management L.P.$125M
- FEDERATED HERMES, INC.$63M
- WORLDQUANT MILLENNIUM ADVISORS LLC$55M
- Driehaus Capital Management LLC$44M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$27M
Full exits 63
- BALYASNY ASSET MANAGEMENT L.P.$82M
- Qube Research & Technologies Ltd$72M
- Leo Wealth, LLC$42M
- Amundi$34M
- AustralianSuper Pty Ltd$28M
- Capital International Investors$23M
Largest adds
- JPMORGAN CHASE & CO$1.1B
- BlackRock, Inc.$1.0B
- Capital Research Global Investors$994M
- MORGAN STANLEY$881M
- Capital World Investors$854M
- FMR LLC$641M
Largest trims
- CITADEL ADVISORS LLC$81M
- MARSHALL WACE, LLP$47M
- Ardmore Road Asset Management LP$26M
- WELLINGTON MANAGEMENT GROUP LLP$24M
- LOS ANGELES CAPITAL MANAGEMENT LLC$17M
- LANDSCAPE CAPITAL MANAGEMENT, L.L.C.$7M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Capital Research Global Investors added | 26,000,572 | $2.1B | 10.6% | 2026-Q2 |
| Capital World Investors added | 23,115,136 | $1.9B | 9.4% | 2026-Q2 |
| MORGAN STANLEY added | 23,000,269 | $1.9B | 9.3% | 2026-Q2 |
| BlackRock, Inc. added | 19,613,537 | $1.6B | 8.0% | 2026-Q2 |
| FMR LLC added | 17,581,656 | $1.4B | 7.1% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 16,722,922 | $1.4B | 6.8% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 12,320,890 | $1.0B | 5.0% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 11,886,405 | $969M | 4.8% | 2026-Q2 |
| STATE STREET CORP added | 6,349,214 | $518M | 2.6% | 2026-Q2 |
| BAILLIE GIFFORD & CO added | 5,856,569 | $478M | 2.4% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 5,712,491 | $465M | 2.3% | 2026-Q2 |
| Winslow Capital Management, LLC new | 4,577,562 | $373M | 1.9% | 2026-Q2 |
| Durable Capital Partners LP trimmed | 4,425,406 | $361M | 1.8% | 2026-Q2 |
| NORGES BANK added | 3,681,211 | $300M | 1.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 2,840,260 | $232M | 1.2% | 2026-Q2 |
| UBS Group AG added | 2,511,220 | $205M | 1.0% | 2026-Q2 |
| D1 Capital Partners L.P. trimmed | 1,908,511 | $156M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 1,875,338 | $153M | 0.8% | 2026-Q2 |
| NORTHERN TRUST CORP added | 1,814,431 | $148M | 0.7% | 2026-Q2 |
| SEI INVESTMENTS CO added | 1,705,507 | $139M | 0.7% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,656,971 | $135M | 0.7% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,601,389 | $131M | 0.7% | 2026-Q2 |
| Spyglass Capital Management LLC trimmed | 1,537,840 | $125M | 0.6% | 2026-Q2 |
| 1832 Asset Management L.P. trimmed | 1,534,400 | $125M | 0.6% | 2026-Q2 |
| Foxhaven Asset Management, LP trimmed | 1,534,155 | $125M | 0.6% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC trimmed | 1,520,255 | $127M | 0.6% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 1,496,735 | $122M | 0.6% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 1,473,364 | $120M | 0.6% | 2026-Q2 |
| TREMBLANT CAPITAL GROUP added | 1,464,129 | $119M | 0.6% | 2026-Q2 |
| WESTFIELD CAPITAL MANAGEMENT CO LP added | 1,352,200 | $110M | 0.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 1,273,728 | $104M | 0.5% | 2026-Q2 |
| Atreides Management, LP added | 1,273,050 | $104M | 0.5% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 1,248,374 | $102M | 0.5% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,245,563 | $102M | 0.5% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 1,243,908 | $101M | 0.5% | 2026-Q2 |
| GILDER GAGNON HOWE & CO LLC added | 1,108,083 | $90M | 0.5% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 1,076,745 | $88M | 0.4% | 2026-Q2 |
| Artemis Investment Management LLP added | 961,002 | $78M | 0.4% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 950,683 | $78M | 0.4% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 921,164 | $75M | 0.4% | 2026-Q2 |
| Nuveen, LLC added | 785,978 | $64M | 0.3% | 2026-Q2 |
| Swiss National Bank trimmed | 785,200 | $64M | 0.3% | 2026-Q2 |
| FEDERATED HERMES, INC. added | 772,078 | $63M | 0.3% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 742,283 | $61M | 0.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 723,193 | $59M | 0.3% | 2026-Q2 |
| ALLEN OPERATIONS LLC | 721,382 | $59M | 0.3% | 2026-Q2 |
| Capital Impact Advisors, LLC added | 704,065 | $57M | 0.3% | 2026-Q2 |
| Holocene Advisors, LP added | 703,463 | $57M | 0.3% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 694,088 | $57M | 0.3% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 691,879 | $56M | 0.3% | 2026-Q2 |
| CITIGROUP INC trimmed | 684,535 | $56M | 0.3% | 2026-Q2 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 670,803 | $55M | 0.3% | 2026-Q2 |
| Pacific Heights Asset Management LLC trimmed | 650,000 | $53M | 0.3% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC added | 569,152 | $46M | 0.2% | 2026-Q2 |
| ThornTree Capital Partners LP trimmed | 568,524 | $46M | 0.2% | 2026-Q2 |
| Legal & General Group Plc trimmed | 550,499 | $45M | 0.2% | 2026-Q2 |
| Driehaus Capital Management LLC added | 537,519 | $44M | 0.2% | 2026-Q2 |
| Daiwa Securities Group Inc. added | 529,318 | $43M | 0.2% | 2026-Q2 |
| Islander Capital Partners, L.P. trimmed | 529,097 | $43M | 0.2% | 2026-Q2 |
| Invesco Ltd. added | 524,934 | $43M | 0.2% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 515,298 | $42M | 0.2% | 2026-Q2 |
| Glendon Capital Management LP | 514,100 | $42M | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 498,168 | $41M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 480,680 | $39M | 0.2% | 2026-Q2 |
| Quantinno Capital Management LP trimmed | 474,279 | $39M | 0.2% | 2026-Q2 |
| 12 West Capital Management LP trimmed | 460,000 | $38M | 0.2% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 456,911 | $37M | 0.2% | 2026-Q2 |
| Gotham Asset Management, LLC added | 454,524 | $37M | 0.2% | 2026-Q2 |
| CONGRESS ASSET MANAGEMENT CO added | 426,470 | $35M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 410,775 | $33M | 0.2% | 2026-Q2 |
| Polar Capital Holdings Plc added | 404,896 | $33M | 0.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 389,630 | $32M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 368,905 | $30M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 367,042 | $30M | 0.1% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC added | 355,854 | $26M | 0.1% | 2026-Q2 |
| Diversify Advisory Services, LLC added | 355,854 | $26M | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 353,664 | $29M | 0.1% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC added | 350,856 | $29M | 0.1% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. added | 348,607 | $28M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 341,313 | $28M | 0.1% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND new | 334,000 | $27M | 0.1% | 2026-Q2 |
| BIT Capital GmbH added | 331,200 | $27M | 0.1% | 2026-Q2 |
| NORDEA INVESTMENT MANAGEMENT AB trimmed | 273,694 | $22M | 0.1% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 269,644 | $22M | 0.1% | 2026-Q2 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 247,900 | $20M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 241,927 | $20M | 0.1% | 2026-Q2 |
| RJA Asset Management LLC trimmed | 241,600 | $20M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 237,138 | $19M | 0.1% | 2026-Q2 |
| ALLEN HOLDING INC /NY | 230,000 | $19M | 0.1% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 223,644 | $18M | 0.1% | 2026-Q2 |
| Eurizon Capital SGR S.p.A. added | 223,510 | $18M | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 220,834 | $18M | 0.1% | 2026-Q2 |
| LPL Financial LLC trimmed | 211,892 | $17M | 0.1% | 2026-Q2 |
| AVIVA PLC added | 208,226 | $17M | 0.1% | 2026-Q2 |
| Meridiem Capital Partners LP new | 201,047 | $16M | 0.1% | 2026-Q2 |
| SIGNATURE ESTATE & INVESTMENT ADVISORS LLC new | 184,420 | $15M | 0.1% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 174,950 | $14M | 0.1% | 2026-Q2 |
| MANE GLOBAL CAPITAL MANAGEMENT LP trimmed | 169,763 | $14M | 0.1% | 2026-Q2 |
| NOMURA HOLDINGS INC added | 159,619 | $13M | 0.1% | 2026-Q2 |
| OSTERWEIS CAPITAL MANAGEMENT INC added | 157,605 | $13M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.