Affirm Holdings Inc (AFRM) 13F Investor Activity Report (Q2 2026)

AFRM ranks #793 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

AFRM is a top-conviction position for Spyglass Capital Management LLC — at 6.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in AFRM belongs to Capital Research Global Investors, but the position matters far more to Spyglass Capital Management LLC, who has 6.8% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

JPMorgan has added to its AFRM position for two straight quarters, increasing it by $1.2B to reach $1.4B today.

Marshall Wace, LLP has trimmed its AFRM position for two straight quarters, cutting it by $244.9M while still holding $77.7M.

AFRM is up 5.9% today, and institutions have been net buyers of $4.2B this quarter — today's price move and the underlying institutional flow are pointing the same direction.

AFRM posted net income of $1.9B over the trailing twelve months, and currently trades at a P/E of 13.4.

• Profitable — net income of $1.9B over the trailing twelve months
• Revenue grew 29.6% year over year
• Net income improved year over year, from $52.2M to $1.9B
• Generated $1.2B in positive operating cash flow
• Liabilities run 1.88x equity — within a conventional range