AFRM AFFIRM HLDGS INC
COM CL A
CUSIP: 00827B106
FIGI: BBG00Y7BP8Y1
Institutional Holders644
Total Institutional Value$19,567,351,235
Total Shares Held269,088,332
Avg Position$30,384,086
Top 5 Holders %42.5%
Alpha-Weighted Score65.5
New Positions+83
Exited Positions-91
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| VANGUARD GROUP INC | High Conviction | Market Mover | $1,849,377,542 (9.5%) | 24,847,206 | 3.6% |
| CAPITAL RESEARCH GLOBAL INVESTORS | High Conviction | Significant Flow | $1,722,797,401 (8.8%) | 23,145,942 | 2.3% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $1,712,656,868 (8.8%) | 23,010,300 | 2.0% |
| CAPITAL WORLD INVESTORS | High Conviction | Market Mover | $1,615,952,744 (8.3%) | 21,710,914 | 4.3% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $1,404,786,246 (7.2%) | 18,873,925 | 8.5% |
| FMR LLC | High Conviction | Market Mover | $1,017,892,644 (5.2%) | 13,675,838 | 13.8% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $713,092,394 (3.6%) | 9,580,712 | -21.5% |
| STATE STREET CORP | High Conviction | Market Mover | $435,234,337 (2.2%) | 5,847,566 | 5.6% |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $408,433,329 (2.1%) | 5,501,387 | 8.4% |
| BAILLIE GIFFORD & CO | High Conviction | Significant Flow | $408,095,448 (2.1%) | 5,482,943 | -5.3% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $361,155,349 (1.8%) | 4,852,282 | -30.5% |
| MARSHALL WACE, LLP | Moderate Conviction | Market Mover | $322,583,489 (1.6%) | 4,334,052 | - |
| Invesco Ltd. | Moderate Conviction | Market Mover | $303,047,027 (1.5%) | 4,071,571 | -4.3% |
| LONE PINE CAPITAL LLC | High Conviction | Moderate Flow | $284,111,963 (1.5%) | 3,817,170 | NEW |
| NORGES BANK | High Conviction | Market Mover | $281,960,638 (1.4%) | 3,788,266 | 384.3% |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $274,674,611 (1.4%) | 3,690,375 | -18.9% |
| DURABLE CAPITAL PARTNERS LP | Elite Conviction | Moderate Flow | $273,989,706 (1.4%) | 3,681,173 | -40.2% |
| JERICHO CAPITAL ASSET MANAGEMENT L.P. | Elite Conviction | Low Flow | $268,040,888 (1.4%) | 3,601,248 | 9.5% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $160,302,141 (0.8%) | 2,153,730 | -51.6% |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | Moderate Conviction | Significant Flow | $157,004,037 (0.8%) | 2,161,278 | 10,975.9% |
| UBS Group AG | Moderate Conviction | Market Mover | $155,294,771 (0.8%) | 2,086,454 | -12.0% |
| FOXHAVEN ASSET MANAGEMENT, LP | Elite Conviction | Low Flow | $141,929,227 (0.7%) | 1,906,882 | - |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $138,133,426 (0.7%) | 1,855,883 | -38.6% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $135,398,590 (0.7%) | 1,819,140 | 9.6% |
| GOODMAN & COMPANY, INVESTMENT COUNSEL LTD. | High Conviction | Significant Flow | $132,686,361 (0.7%) | 1,782,700 | -22.4% |
| NORTHERN TRUST CORP | High Conviction | Market Mover | $122,631,464 (0.6%) | 1,647,608 | 3.0% |
| WELLINGTON MANAGEMENT GROUP LLP | High Conviction | Market Mover | $111,995,491 (0.6%) | 1,504,709 | 66.7% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $111,470,712 (0.6%) | 1,497,658 | -22.2% |
| SPYGLASS CAPITAL MANAGEMENT LLC | Elite Conviction | Low Flow | $107,445,659 (0.5%) | 1,443,580 | 46.5% |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $104,853,482 (0.5%) | 1,408,408 | 7.8% |
| FRANKLIN RESOURCES INC | High Conviction | Market Mover | $104,580,756 (0.5%) | 1,405,089 | 72.6% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $103,973,425 (0.5%) | 1,396,929 | -47.7% |
| ATREIDES MANAGEMENT, LP | High Conviction | Moderate Flow | $103,081,159 (0.5%) | 1,384,941 | 578.5% |
| QUBE RESEARCH & TECHNOLOGIES LTD | Moderate Conviction | Market Mover | $96,460,312 (0.5%) | 1,295,987 | -38.5% |
| ALLIANCEBERNSTEIN L.P. | High Conviction | Market Mover | $95,591,417 (0.5%) | 1,284,313 | 12.2% |
| ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC | Moderate Conviction | Significant Flow | $94,331,025 (0.5%) | 1,274,227 | - |
| PARALLAX VOLATILITY ADVISERS, LLC | Moderate Conviction | Significant Flow | $92,432,459 (0.5%) | 1,241,871 | 9.6% |
| PEAK6 LLC | Moderate Conviction | Significant Flow | $85,289,337 (0.4%) | 1,145,900 | -51.6% |
| NEUBERGER BERMAN GROUP LLC | High Conviction | Market Mover | $82,175,770 (0.4%) | 1,104,068 | 157.7% |
| WALLEYE TRADING LLC | Moderate Conviction | Significant Flow | $79,587,999 (0.4%) | 1,069,300 | 5.9% |
| TREMBLANT CAPITAL GROUP | High Conviction | Low Flow | $78,928,549 (0.4%) | 1,060,440 | NEW |
| UBS GLOBAL ASSET MANAGEMENT AMERICAS INC | Moderate Conviction | Market Mover | $78,143,017 (0.4%) | 1,049,886 | 13.7% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $77,938,027 (0.4%) | 1,047,132 | 2.9% |
| GILDER GAGNON HOWE & CO | High Conviction | Moderate Flow | $70,925,017 (0.4%) | 952,909 | - |
| CITIGROUP INC | Moderate Conviction | Market Mover | $69,821,368 (0.4%) | 938,081 | 15.8% |
| LEO WEALTH, LLC | High Conviction | Low Flow | $68,825,801 (0.4%) | 924,705 | - |
| TWENTIETH CENTURY COMPANIES INC | High Conviction | Market Mover | $67,614,817 (0.3%) | 908,435 | 90.6% |
| SEGESPAR | High Conviction | Market Mover | $66,667,175 (0.3%) | 895,703 | 61.1% |
| WESTFIELD CAPITAL MANAGEMENT CO LP | High Conviction | Moderate Flow | $63,402,005 (0.3%) | 851,834 | 23.7% |
| BARCLAYS PLC | High Conviction | Market Mover | $61,816,199 (0.3%) | 830,528 | 70.1% |
| HUDSON BAY CAPITAL MANAGEMENT, L.P. | High Conviction | Significant Flow | $61,776,900 (0.3%) | 830,000 | NEW |
| D1 CAPITAL PARTNERS L.P. | Elite Conviction | Moderate Flow | $61,032,600 (0.3%) | 820,000 | - |
| CAPITAL FUND MANAGEMENT S.A. | Moderate Conviction | Significant Flow | $60,658,961 (0.3%) | 814,980 | 60.9% |
| ARTEMIS INVESTMENT MANAGEMENT LLP | High Conviction | Moderate Flow | $59,093,029 (0.3%) | 793,941 | 79.2% |
| THORNTREE CAPITAL PARTNERS LP | Elite Conviction | Minimal Flow | $57,143,930 (0.3%) | 767,754 | 88.2% |
| SWISS NATIONAL BANK | High Conviction | Market Mover | $55,212,174 (0.3%) | 741,800 | -2.1% |
| CAPITAL IMPACT ADVISORS, LLC | High Conviction | Low Flow | $54,427,086 (0.3%) | 731,252 | 358.5% |
| ALLEN OPERATIONS LLC | Elite Conviction | Minimal Flow | $53,692,462 (0.3%) | 721,382 | - |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $52,017,862 (0.3%) | 473,955 | 6.8% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $48,348,536 (0.2%) | 649,584 | 343.0% |
| Nuveen, LLC | High Conviction | Market Mover | $46,756,479 (0.2%) | 628,194 | -28.3% |
| AUSTRALIANSUPER PTY LTD | High Conviction | Moderate Flow | $46,351,729 (0.2%) | 622,756 | NEW |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $45,068,926 (0.2%) | 605,521 | 27.7% |
| QUANTINNO CAPITAL MANAGEMENT LP | High Conviction | Significant Flow | $43,984,763 (0.2%) | 590,954 | 5.9% |
| MANE GLOBAL CAPITAL MANAGEMENT LP | High Conviction | Low Flow | $39,862,996 (0.2%) | 535,577 | 9.0% |
| SUMITOMO MITSUI TRUST HOLDINGS, INC. | High Conviction | Significant Flow | $39,315,415 (0.2%) | 528,220 | - |
| PACIFIC HEIGHTS ASSET MANAGEMENT LLC | High Conviction | Low Flow | $39,075,750 (0.2%) | 525,000 | 21.5% |
| CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM | High Conviction | Significant Flow | $36,836,226 (0.2%) | 494,911 | 7.4% |
| CAPITAL RESEARCH & MANAGEMENT CO - DIVISION 3 | High Conviction | Significant Flow | $36,415,920 (0.2%) | 489,264 | - |
| BALYASNY ASSET MANAGEMENT LLC | Moderate Conviction | Market Mover | $32,536,553 (0.2%) | 437,143 | -11.9% |
| GLENDON CAPITAL MANAGEMENT LP | Elite Conviction | Minimal Flow | $31,044,753 (0.2%) | 417,100 | - |
| POLAR CAPITAL HOLDINGS PLC | High Conviction | Significant Flow | $30,648,488 (0.2%) | 411,776 | 4.4% |
| MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. | High Conviction | Significant Flow | $30,476,744 (0.2%) | 411,681 | 11.6% |
| DEUTSCHE BANK AG\\ | Moderate Conviction | Market Mover | $30,410,907 (0.2%) | 408,584 | 10.6% |
| SCHONFELD STRATEGIC ADVISORS LLC | High Conviction | Significant Flow | $28,538,917 (0.1%) | 383,433 | 2.0% |
| SEI INVESTMENTS CO | High Conviction | Market Mover | $28,402,325 (0.1%) | 381,596 | 112.3% |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | High Conviction | Market Mover | $28,268,737 (0.1%) | 379,803 | - |
| NZS CAPITAL, LLC | High Conviction | Low Flow | $26,801,573 (0.1%) | 360,091 | 2.8% |
| 12 WEST CAPITAL MANAGEMENT LP | Elite Conviction | Minimal Flow | $26,050,500 (0.1%) | 350,000 | - |
| FIRST TRUST ADVISORS LP | High Conviction | Market Mover | $25,214,830 (0.1%) | 338,771 | -40.3% |
| WALLEYE TRADING ADVISORS, LLC | Moderate Conviction | Significant Flow | $24,903,534 (0.1%) | 334,590 | 5.2% |
| MOORE CAPITAL MANAGEMENT, LP | High Conviction | Moderate Flow | $24,105,793 (0.1%) | 323,872 | 676.1% |
| BLAIR WILLIAM & CO/IL | High Conviction | Significant Flow | $23,868,437 (0.1%) | 320,683 | - |
| RHUMBLINE ADVISERS | High Conviction | Market Mover | $23,510,967 (0.1%) | 315,881 | - |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $23,142,892 (0.1%) | 310,935 | -60.0% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $21,897,000 (0.1%) | 294,200 | -67.7% |
| M&T BANK CORP | High Conviction | Significant Flow | $21,842,297 (0.1%) | 92,830 | 1,465.4% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $20,379,275 (0.1%) | 273,805 | -63.8% |
| BANK OF MONTREAL /CAN/ | High Conviction | Market Mover | $20,206,628 (0.1%) | 271,485 | 1,234.9% |
| FLAT FOOTED LLC | High Conviction | Minimal Flow | $18,905,220 (0.1%) | 254,000 | 73.6% |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | High Conviction | Significant Flow | $18,156,677 (0.1%) | 243,943 | - |
| ALLIANZ ASSET MANAGEMENT GMBH | High Conviction | Significant Flow | $18,082,620 (0.1%) | 242,948 | - |
| ENVESTNET ASSET MANAGEMENT INC | High Conviction | Significant Flow | $17,653,030 (0.1%) | 237,176 | 2.7% |
| SQUAREPOINT OPS LLC | Moderate Conviction | Significant Flow | $17,566,075 (0.1%) | 236,008 | 21.2% |
| TREXQUANT INVESTMENT LP | High Conviction | Significant Flow | $17,530,051 (0.1%) | 235,524 | 74.9% |
| ALLEN HOLDING INC /NY | Elite Conviction | Minimal Flow | $17,118,900 (0.1%) | 230,000 | - |
| STEADVIEW CAPITAL MANAGEMENT LLC | Elite Conviction | Minimal Flow | $16,948,083 (0.1%) | 227,705 | 1,643.7% |
| DIVERSIFY ADVISORY SERVICES, LLC | High Conviction | Moderate Flow | $16,533,623 (0.1%) | 221,156 | 4.3% |
| DRIEHAUS CAPITAL MANAGEMENT LLC | High Conviction | Moderate Flow | $16,170,066 (0.1%) | 217,252 | -29.8% |
| Dilation Capital Management LP (CIK 0001922880) | Elite Conviction | Minimal Flow | $16,053,658 (0.1%) | 215,688 | 22.5% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 638 | $19.57B | 269,110,826 | $72.72 |
| Q3 25 | 623 | $19.51B | 273,575,723 | $71.31 |
| Q2 25 | 566 | $17.14B | 256,615,412 | $66.80 |
| Q1 25 | 497 | $10.68B | 245,228,884 | $43.55 |
| Q4 24 | 508 | $16.02B | 269,026,250 | $59.56 |
| Q3 24 | 434 | $11.82B | 295,153,574 | $40.04 |
| Q2 24 | 382 | $8.39B | 279,529,491 | $30.01 |
| Q1 24 | 395 | $10.44B | 284,654,842 | $36.67 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.