Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Affirm Hldgs Inc (AFRM)

652 + Investors. Track Smart Money conviction in AFRM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +67
Streak
1Q ▲
Buyers last Q
62%

Smart Money Signals — AFRM

Based on 668 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added AFRM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
668 hedge funds hold AFRM right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +19% more funds vs a year ago

fund count last 6Q
+105 new funds entered over the past year (+19% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 62% buying

425 buying263 selling
Last quarter: 425 funds were net buyers (146 opened a brand new position + 279 added to an existing one). Only 263 were sellers (184 trimmed + 79 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+51 vs last Q)

new funds entering per quarter
Funds opening a new AFRM position: 152 → 126 → 95 → 146. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

45% of holders stayed for 2+ years

■ 45% conviction (2yr+) ■ 28% medium ■ 27% new
298 out of 668 hedge funds have held AFRM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +95% but shares only +20% — price-driven

Value
+95%
Shares
+19%
Last quarter: the total dollar value of institutional holdings rose +95%, but actual share count only changed +20%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~146 new funds/quarter

137 → 152 → 126 → 95 → 146 new funds/Q
New funds entering each quarter: 152 → 126 → 95 → 146. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 57% veterans vs 33% newcomers

■ 57% veterans ■ 10% 1-2yr ■ 33% new
Entry-cohort mix of 716 holders: 408 (57%) are 2+ year veterans, 75 entered 1–2 years ago, and 233 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 67% AUM from top-100 funds

67% from top-100 AUM funds
64 of 654 holders are among the 100 largest funds by AUM, controlling 67% of total institutional value in AFRM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AFRM

In 2026 Q2, 425 hedge funds were net buyers of AFRM (146 opened a new position, 279 added to an existing one), while 263 reduced or exited (184 trimmed, 79 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. 67% of total institutional value in AFRM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +67 funds (more new holders than closures). Total institutional holders: 668.

Hedge Fund Ownership: AFRM

How many hedge funds hold AFRM — quarterly history vs. share price
Quarterly hedge fund ownership of AFRM vs. share price

Market Analysis: AFRM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AFRM

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

23 top-rated funds 7 high-conviction
Consensus
6.0
/ 10
breadth
×
Elite
3.8
/ 10
conviction
Hedge Fund Positioning: AFRM
652 + Investors

Track Smart Money conviction in AFRM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 652 601 8.49%
13F Shares 306M 256M 19.58%
Total Value $22.59B $11.58B 95.04%
New Positions 146 95 +51
Increased Positions 260 227 +33
Closed Positions 81 133 -52
Reduced Positions 175 202 -27
Total Calls 31 30 3.33%
Total Puts 31 32 -3.12%
PUT/CALL Ratio 1.0 1.07 Neutral

Statistics: AFRM

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Institutional Holders (2026 Q2)

652 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AFRM. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AFRM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Abdiel Capital Advisors, LP 21.21% 134,741 $11.0M
2 Islander Capital Partners, L.P. 15.65% 529,097 $43.1M
3 Allen Operations LLC 8.15% 721,382 $58.8M
4 12 West Capital Management LP 7.02% 460,000 $37.5M
5 Spyglass Capital Management LLC 6.79% 1,537,840 $125.4M
6 ThornTree Capital Partners LP 6.34% 568,524 $46.4M
7 RJA Asset Management LLC 6.14% 241,600 $19.7M
8 Glendon Capital Management LP 5.43% 514,100 $41.9M
9 Catalyst Private Wealth, LLC 4.93% 125,224 $10.2M
10 Durable Capital Partners LP 3.51% 4,425,406 $360.9M
11 Tremblant Capital Group 3.43% 1,464,129 $119.4M
12 Foxhaven Asset Management, LP 3.35% 1,534,155 $125.1M
13 Lotus Technology Management, LP 3.26% 31,909 $2.7M
14 Capital Impact Advisors, LLC 3.22% 704,065 $57.4M
15 Intercapital, LLC 3.19% 156,568 $12.8M
16 Karl Kapital LLC 2.74% 56,496 $4.6M
17 Omega Financial Group, LLC 2.57% 103,627 $8.5M
18 Flat Footed LLC 2.43% 390,000 $31.8M
19 Steadview Capital Management LLC 2.42% 98,730 $8.1M
20 Allen Holding Inc /Ny 1.85% 230,000 $18.8M
21 Galaxy Digital Capital Management GP LLC 1.70% 43,000 $3.5M
22 Pacific Heights Asset Management LLC 1.68% 650,000 $53.0M
23 Evolutionary Tree Capital Management, LLC 1.46% 9,521 $776K
24 Maytus Capital Management, LLC 1.43% 111,847 $9.1M
25 Winslow Capital Management, LLC 1.28% 4,577,562 $373.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Affirm Hldgs Inc (AFRM)

What does the Smart Money Trend signal show for AFRM?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added AFRM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AFRM?

More buyers than sellers — 62% buying: Last quarter: 425 funds were net buyers (146 opened a brand new position + 279 added to an existing one). Only 263 were sellers (184 trimmed + 79 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for AFRM holders?

Elite ownership — 67% AUM from top-100 funds: 64 of 654 holders are among the 100 largest funds by AUM, controlling 67% of total institutional value in AFRM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held AFRM?

45% of holders stayed for 2+ years: 298 out of 668 hedge funds have held AFRM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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