Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in AFRM held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Capital Research Global Investors | 24.6M | $1.13B | +6.3% | 7.383% | 0.17% |
| 2 | Capital World Investors | 22.5M | $1.03B | +3.7% | 6.758% | 0.14% |
| 3 | MORGAN STANLEY | 21.7M | $995.0M | -5.6% | 6.519% | 0.06% |
| 4 | BlackRock, Inc. | 18.7M | $858.3M | -0.8% | 5.623% | 0.02% |
| 5 | FMR LLC | 17.3M | $792.4M | +26.5% | 5.192% | 0.04% |
| 6 | VANGUARD CAPITAL MANAGEMENT LLC | 12.2M | $556.8M | — | 3.648% | 0.01% |
| 7 | VANGUARD PORTFOLIO MANAGEMENT LLC | 11.6M | $531.5M | — | 3.482% | 0.03% |
| 8 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 6.7M | $307.2M | -30.0% | 2.013% | 0.03% |
| 9 | STATE STREET CORP | 6.0M | $276.3M | +3.1% | 1.811% | 0.01% |
| 10 | Durable Capital Partners LP | 5.6M | $258.9M | +53.5% | 1.696% | 2.66% |
| 11 | GEODE CAPITAL MANAGEMENT, LLC | 5.5M | $252.4M | +0.4% | 1.658% | 0.02% |
| 12 | BAILLIE GIFFORD & CO | 5.3M | $243.0M | -3.3% | 1.592% | 0.25% |
| 13 | BANK OF AMERICA CORP /DE/ | 2.8M | $127.1M | +28.8% | 0.833% | 0.01% |
| 14 | WELLINGTON MANAGEMENT GROUP LLP | 2.7M | $125.7M | +82.3% | 0.823% | 0.02% |
| 15 | MARSHALL WACE, LLP | 2.7M | $124.1M | -37.5% | 0.813% | 0.14% |
| 16 | UBS Group AG | 2.5M | $115.4M | +20.7% | 0.756% | 0.02% |
| 17 | Foxhaven Asset Management, LP | 2.2M | $101.1M | +15.7% | 0.662% | 3.17% |
| 18 | D1 Capital Partners L.P. | 1.9M | $88.7M | +136.2% | 0.582% | 0.79% |
| 19 | VANGUARD FIDUCIARY TRUST CO | 1.8M | $83.1M | — | 0.544% | 0.02% |
| 20 | GOLDMAN SACHS GROUP INC | 1.8M | $81.8M | +19.2% | 0.536% | 0.01% |
| 21 | NORTHERN TRUST CORP | 1.8M | $80.8M | +7.0% | 0.529% | 0.01% |
| 22 | Spyglass Capital Management LLC | 1.7M | $76.2M | +15.2% | 0.499% | 5.73% |
| 23 | Qube Research & Technologies Ltd | 1.6M | $72.2M | +21.6% | 0.473% | 0.09% |
| 24 | DIMENSIONAL FUND ADVISORS LP | 1.6M | $72.1M | +11.8% | 0.473% | 0.01% |
| 25 | Allspring Global Investments Holdings, LLC | 1.6M | $71.8M | +23.8% | 0.473% | 0.12% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in AFRM — a direct measure of their conviction.
Filings activity in AFRM during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new AFRM position in Q1 2026
Institutions that fully closed their AFRM position in Q1 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 571 | 5.8% | 48.31% | 34.57 pp | $10.65B | 42% |
| Q4 2025 | 606 | +2.9% | 82.88% | +2.42 pp | $18.27B | +3.0% |
| Q3 2025 | 589 | +7.5% | 80.46% | +8.57 pp | $17.73B | +12% |
| Q2 2025 | 548 | +15% | 71.89% | +27.77 pp | $15.85B | +63% |
| Q1 2025 | 475 | +0.4% | 44.12% | 14.62 pp | $9.72B | 25% |
| Q4 2024 | 473 | +16% | 58.74% | +20.68 pp | $12.95B | +54% |
| Q3 2024 | 408 | +12% | 38.06% | +11.17 pp | $8.39B | +42% |
| Q2 2024 | 364 | — | 26.89% | — | $5.93B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying AFRM stock.
Based on Q1 2026 13F filings, institutional ownership of Affirm Holdings, Inc. stands at 48.3%, held across 571 reporting institutions.
Capital Research Global Investors is the largest reported institutional holder of AFRM, with approximately 24,592,033 shares worth $1.13B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of AFRM, including SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for AFRM is 29 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
105 institutions opened new positions in AFRM during Q1 2026, while 140 fully exited. 74 added to existing positions and 388 trimmed.
AFRM institutional ownership fell by 34.57 percentage points quarter-over-quarter, with a net change of -35 holders.
The top 10 institutions account for 63.2% of all reported 13F value in AFRM, and the top 25 account for 79.4%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Affirm Holdings, Inc. (AFRM) Institutional Ownership