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Affirm Holdings, Inc.

AFRM
Exchange
Nasdaq
Industry
Personal Credit Institutions
SEC CIK
0001820953

In the last 90 days, Affirm Holdings, Inc. insiders filed 0 open-market purchases and 6 sales; 662 institutions reported holding it in 13F filings for Q2 2026, worth $21.2B in total; D1 Capital Partners is the only superinvestor holding it.

13F holders, Q4 2025

Institutional positions in Affirm Holdings, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
640
+33 vs. Q3 2025
Shares held
239.4M
+12.5M (+5.5%) vs. Q3 2025
Total value
$17.8B
+$1.19B (+7.2%) vs. Q3 2025
New holders
122
252 more added
Sold out
89
182 more reduced

9 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting AFRM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 640 institutions
Q1 2021: 207 institutionsQ2 2021: 230 institutionsQ3 2021: 340 institutionsQ4 2021: 440 institutionsQ1 2022: 391 institutionsQ2 2022: 348 institutionsQ3 2022: 354 institutionsQ4 2022: 354 institutionsQ1 2023: 308 institutionsQ2 2023: 313 institutionsQ3 2023: 312 institutionsQ4 2023: 407 institutionsQ1 2024: 383 institutionsQ2 2024: 378 institutionsQ3 2024: 426 institutionsQ4 2024: 502 institutionsQ1 2025: 491 institutionsQ2 2025: 562 institutionsQ3 2025: 616 institutionsQ4 2025: 640 institutionsQ1 2026: 593 institutionsQ2 2026: 662 institutions
Value heldQ4 2025: $17.8B
Q1 2021: $5.81BQ2 2021: $6.01BQ3 2021: $13.2BQ4 2021: $14.3BQ1 2022: $7.33BQ2 2022: $2.94BQ3 2022: $3.26BQ4 2022: $1.59BQ1 2023: $2.05BQ2 2023: $2.73BQ3 2023: $4.17BQ4 2023: $9.51BQ1 2024: $7.19BQ2 2024: $5.77BQ3 2024: $8.07BQ4 2024: $12.6BQ1 2025: $9.77BQ2 2025: $15.5BQ3 2025: $16.6BQ4 2025: $17.8BQ1 2026: $11.0BQ2 2026: $21.2B
Institutions holding AFRM and their total value by quarter
QuarterHoldersValue
Q2 2026662$21.2B
Q1 2026593$11.0B
Q4 2025640$17.8B
Q3 2025616$16.6B
Q2 2025562$15.5B
Q1 2025491$9.77B
Q4 2024502$12.6B
Q3 2024426$8.07B
Q2 2024378$5.77B
Q1 2024383$7.19B
Q4 2023407$9.51B
Q3 2023312$4.17B
Q2 2023313$2.73B
Q1 2023308$2.05B
Q4 2022354$1.59B
Q3 2022354$3.26B
Q2 2022348$2.94B
Q1 2022391$7.33B
Q4 2021440$14.3B
Q3 2021340$13.2B
Q2 2021230$6.01B
Q1 2021207$5.81B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Affirm Holdings, Inc.; share changes are against Q3 2025.

Institutions holding AFRM in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Sumitomo Mitsui DS Asset Management Company, Ltd26,603$1.98M0.02%00.0%Unchanged
Laird Norton Trust Company, LLC26,714$1.99M0.04%+13,993+110.0%Added
Catalyst Funds Management Pty Ltd27,100$2.02M0.47%00.0%Unchanged
Fieldview Capital Management, LLC27,466$2.04M0.35%+27,466New
Y-Intercept (Hong Kong) Ltd27,530$2.05M0.05%+27,530New
O'Shaughnessy Asset Management, LLC27,600$2.05M0.01%−1,182−4.1%Reduced
Daiwa Securities Group Inc.27,675$2.06M0.01%−1,477−5.1%Reduced
Commonwealth Equity Services, LLC27,680$2.06M0.00%−12,383−30.9%Reduced
Nordea Investment Management AB27,470$2.07M0.00%+4,107+17.6%Added
Blueshift Asset Management, LLC27,859$2.07M0.60%+1,557+5.9%Added
Northwestern Mutual Wealth Management Co28,722$2.14M0.00%+9,325+48.1%Added
PensionDanmark Pensionsforsikringsaktieselskab28,730$2.14M0.02%+28,730New
Wakefield Asset Management LLLP28,819$2.14M0.58%−614−2.1%Reduced
Belpointe Asset Management LLC29,693$2.21M0.08%+4,683+18.7%Added
OP Asset Management Ltd30,328$2.26M0.03%−9,141−23.2%Reduced
Boothbay Fund Management, LLC30,647$2.28M0.06%+7,302+31.3%Added
Flagship Harbor Advisors, LLC30,844$2.30M0.11%−2,103−6.4%Reduced
Mercer Global Advisors Inc32,616$2.39M0.00%+688+2.2%Added
Capula Management Ltd32,541$2.42M0.02%+17,217+112.4%Added
Creative Planning32,645$2.43M0.00%+4,312+15.2%Added
Independent Financial Group, LLC32,752$2.44M0.05%+7,603+30.2%Added
Polen Capital Management LLC32,969$2.45M0.01%−127−0.4%Reduced
Evolutionary Tree Capital Management, LLC33,313$2.48M2.88%−860−2.5%Reduced
Connor, Clark & Lunn Investment Management Ltd.33,550$2.50M0.01%+33,550New
Element Squared LLC33,664$2.51M1.36%+13,678+68.4%Added
Nissay Asset Management Corp34,321$2.55M0.01%+671+2.0%Added
Readystate Asset Management LP34,647$2.58M0.11%+34,647New
Brevan Howard Capital Management LP35,000$2.61M0.05%+125+0.4%Added
Silvant Capital Management LLC35,570$2.65M0.09%+5,709+19.1%Added
Employees Retirement System of Texas35,771$2.66M0.02%00.0%Unchanged
JustInvest LLC35,887$2.67M0.03%+687+2.0%Added
Group One Trading, L.P.37,846$2.82M0.08%−37,104−49.5%Reduced
Jasper Ridge Partners, L.P.38,086$2.83M0.06%00.0%Unchanged
J. Safra Sarasin Holding AG37,724$2.86M0.05%+37,724New
Polar Asset Management Partners Inc.38,750$2.88M0.06%−53,221−57.9%Reduced
Jane Street Group, LLC39,775$2.96M0.00%−635,751−94.1%Reduced
Storebrand Asset Management AS39,805$2.96M0.01%+3,504+9.7%Added
Ameliora Wealth Management Ltd.40,000$2.98M0.91%+40,000New
Nisa Investment Advisors, LLC40,192$2.99M0.01%+2,474+6.6%Added
Mariner, LLC40,365$3.01M0.00%−20,605−33.8%Reduced
Caisse de Depot Et Placement du Quebec41,500$3.09M0.01%+24,055+137.9%Added
Mount Vernon Associates Inc42,925$3.19M2.15%+200+0.5%Added
Militia Capital Partners, LP43,943$3.27M1.23%+32,743+292.3%Added
Twin Tree Management, LP45,143$3.36M0.34%−57,334−55.9%Reduced
Panoramic Capital, LLC45,377$3.38M1.93%−12,778−22.0%Reduced
Osterweis Capital Management Inc46,209$3.44M0.15%−17,310−27.3%Reduced
TD Asset Management Inc47,016$3.50M0.00%+2,547+5.7%Added
Xponance, Inc.47,223$3.51M0.03%+2,262+5.0%Added
British Columbia Investment Management Corp47,934$3.57M0.02%+9,455+24.6%Added
Atomi Financial Group, Inc.47,992$3.57M0.11%−1,668−3.4%Reduced
Neo Ivy Capital Management48,042$3.58M0.56%+5,192+12.1%Added
SBI Securities Co., Ltd.48,504$3.61M0.09%+22,054+83.4%Added
Millennium Management LLC48,735$3.63M0.00%−262,336−84.3%Reduced
Toronto Dominion Bank48,936$3.64M0.01%+6,703+15.9%Added
DnB Asset Management AS50,782$3.78M0.01%00.0%Unchanged
IFM Investors Pty Ltd50,811$3.78M0.03%+132+0.3%Added
Baird Financial Group, Inc.51,794$3.86M0.01%+5,338+11.5%Added
Skandinaviska Enskilda Banken AB (publ)52,441$3.90M0.02%−659−1.2%Reduced
Liontrust Investment Partners LLP54,743$4.07M0.06%−646−1.2%Reduced
NLB Skladi, upravljanje premozenja, d.o.o.55,974$4.17M0.19%+55,974New
Osmosis Investment Management UK Ltd56,803$4.23M0.11%+56,803New
Advisor Group Holdings, Inc.59,293$4.41M0.01%−16,130−21.4%Reduced
Cetera Investment Advisers59,486$4.43M0.00%−2,645−4.3%Reduced
Truist Financial Corp59,825$4.45M0.01%+15,469+34.9%Added
Dark Forest Capital Management LP60,668$4.52M0.21%+45,792+307.8%Added
Sumitomo Life Insurance Co61,100$4.55M0.12%+61,100New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.61,236$4.56M0.01%+50,065+448.2%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund62,000$4.61M0.04%−100−0.2%Reduced
Two Sigma Investments, LP62,069$4.62M0.01%00.0%Unchanged
Ardmore Road Asset Management LP63,186$4.70M0.36%−136,814−68.4%Reduced
Clear Street Group Inc.63,478$4.72M0.02%+18,908+42.4%Added
Capelight Capital Asset Management LP66,000$4.91M4.87%+66,000New
Maverick Capital LtdSuperinvestorMaverick Capital66,024$4.91M0.05%+17,914+37.2%Added
G2 Investment Partners Management LLC66,892$4.98M1.19%−53,567−44.5%Reduced
Liberty Mutual Group Asset Management Inc.69,374$5.16M0.49%00.0%Unchanged
Ballentine Partners, LLC69,765$5.19M0.07%−1,711−2.4%Reduced
Robeco Institutional Asset Management B.V.70,000$5.21M0.01%+70,000New
Forsta Ap-Fonden70,300$5.23M0.03%−22,900−24.6%Reduced
Alberta Investment Management Corp70,900$5.28M0.03%+70,900New
Andra AP-fonden72,000$5.36M0.07%−41,600−36.6%Reduced
Handelsbanken Fonder AB72,200$5.37M0.02%+5,000+7.4%Added
Arizona State Retirement System74,327$5.53M0.03%−5,687−7.1%Reduced
BI Asset Management Fondsmaeglerselskab A/S74,614$5.55M0.05%+74,614New
Ambassador Advisors, LLC75,311$5.61M0.82%+1,953+2.7%Added
Nomura Asset Management International Inc.75,609$5.63M0.01%+75,609New
Universal- Beteiligungs- und Servicegesellschaft mbH75,555$5.67M0.01%+14,847+24.5%Added
Resona Asset Management Co.,Ltd.76,300$5.69M0.03%−5,788−7.1%Reduced
Ensign Peak Advisors, Inc77,180$5.74M0.01%+9,256+13.6%Added
Nomura Asset Management Co Ltd80,120$5.96M0.02%00.0%Unchanged
Winton Group Ltd82,304$6.13M0.21%+82,304New
Public Employees Retirement System of Ohio82,729$6.16M0.02%−1,096−1.3%Reduced
Maytus Capital Management, LLC85,000$6.33M1.50%+14,000+19.7%Added
RJA Asset Management LLC85,500$6.36M2.25%00.0%Unchanged
Jefferies Financial Group Inc.86,140$6.41M0.05%−85,129−49.7%Reduced
Q Fund Management (Hong Kong) Ltd86,200$6.42M6.02%+86,200New
HSBC Holdings PLC88,341$6.59M0.00%−8,415−8.7%Reduced
Lansforsakringar Fondforvaltning AB (publ)89,095$6.63M0.03%+89,095New
Verition Fund Management LLC93,923$6.99M0.04%−116,726−55.4%Reduced
State of New Jersey Common Pension Fund D94,804$7.06M0.03%−717−0.8%Reduced
Victory Capital Management Inc95,986$7.14M0.00%+12,626+15.1%Added