Affirm Holdings, Inc. (AFRM) shareholders
AFRMNasdaqPersonal Credit InstitutionsFiscal year ends June 30
Financials through Q1 FY2027, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 7/3087% above fair value
$65.11−0.73 (-1.11%)
Close on Nov 13, 2026Market cap $21.97BP/E 11.3Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
77.1%
260M of 337M shares
Institutional holders
659
145 new, 71 sold out
Net institutional buying
21M
In Q2 2026
Insider trades, 12 months
0 buys · 20 sales
Net sold $89.55M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Capital World Investors | 23,115,136 | 7.90% | 13G (passive) amendment | Jun 30, 2026 |
| Morgan Stanley Joint filing with Morgan Stanley Investment Management Inc. (6.70%) | 20,737,156 | 7.10% | 13G (passive) amendment | Mar 31, 2026 |
| Capital Research Global Investors | 20,251,044 | 8.40% | 13G (passive) amendment | Dec 29, 2023 |
| JPMorgan Chase & Co | 16,832,019 | 5.70% | 13G (passive) | Jun 30, 2026 |
| JPMorgan Chase & Co. | 16,832,019 | 5.70% | 13G (passive) | Jun 30, 2026 |
| BlackRock, Inc. | 14,766,952 | 5.10% | 13G (passive) | Dec 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of AFRM | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Capital Research Global Investors | 26,000,572 | 7.71% | $2.12B | +1,408,539 | 0.30% |
| Capital World Investors | 23,115,136 | 6.85% | $1.89B | +602,213 | 0.22% |
| Morgan Stanley | 23,000,269 | 6.82% | $1.88B | +1,284,287 | 0.10% |
| BlackRock, Inc. | 19,613,537 | 5.81% | $1.60B | +881,044 | 0.02% |
| FMR LLC | 17,581,656 | 5.21% | $1.43B | +287,275 | 0.06% |
| JPMorgan Chase & Co | 16,722,922 | 4.96% | $1.37B | +11,425,906 | 0.08% |
| Vanguard Capital Management LLC | 12,320,890 | 3.65% | $1.00B | +168,515 | 0.02% |
| Vanguard Portfolio Management LLC | 11,886,405 | 3.52% | $969.34M | +286,412 | 0.04% |
| State Street Corp | 6,349,214 | 1.88% | $517.78M | +318,073 | 0.02% |
| Baillie Gifford & Co | 5,856,569 | 1.74% | $477.60M | +554,272 | 0.43% |
| Geode Capital Management, LLC | 5,712,491 | 1.69% | $464.66M | +189,719 | 0.02% |
| Winslow Capital Management, LLC | 4,577,562 | 1.36% | $373.30M | New | 1.28% |
| Durable Capital Partners LP | 4,425,406 | 1.31% | $360.89M | −1,224,028 | 3.51% |
| Norges Bank | 3,681,211 | 1.09% | $300.20M | New | 0.03% |
| Bank Of America Corp /De/ | 2,840,260 | 0.84% | $231.62M | +65,962 | 0.01% |
| UBS Group AG | 2,511,220 | 0.74% | $204.79M | +209,003 | 0.03% |
| D1 Capital Partners L.P. | 1,908,511 | 0.57% | $155.64M | −28,389 | 0.45% |
| Vanguard Fiduciary Trust Co | 1,875,338 | 0.56% | $152.93M | +62,217 | 0.03% |
| Northern Trust Corp | 1,814,431 | 0.54% | $147.97M | +52,046 | 0.02% |
| Sei Investments Co | 1,705,507 | 0.51% | $139.08M | +1,484,689 | 0.12% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 659 | 260M | 77.1% | 145 / 260 | 170 / 71 | 42M | 21M |
| Q1 2026 | 593 | 241M | 71.3% | 90 / 229 | 197 / 130 | 60M | 34M |
| Q4 2025 | 640 | 240M | 71.0% | 122 / 252 | 182 / 88 | 29M | 18M |
| Q3 2025 | 615 | 229M | 67.8% | 153 / 220 | 168 / 93 | 34M | 30M |
| Q2 2025 | 561 | 224M | 66.5% | 136 / 213 | 144 / 61 | 31M | 23M |
| Q1 2025 | 490 | 217M | 64.2% | 95 / 186 | 144 / 101 | 32M | 22M |
| Q4 2024 | 501 | 208M | 61.5% | 132 / 151 | 155 / 51 | 39M | 30M |
| Q3 2024 | 426 | 199M | 59.0% | 95 / 127 | 133 / 43 | 38M | 21M |
| Q2 2024 | 378 | 192M | 56.8% | 60 / 127 | 113 / 62 | 21M | 84M |
| Q1 2024 | 383 | 255M | 75.5% | 66 / 126 | 111 / 87 | 52M | 20M |
| Q4 2023 | 408 | 222M | 65.9% | 142 / 88 | 120 / 37 | 51M | 24M |
| Q3 2023 | 311 | 196M | 58.1% | 51 / 98 | 90 / 50 | 32M | 12M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
455 funds held AFRM in Q2 2026, 27% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of AFRM | Value | % of fund | As of |
|---|---|---|---|---|---|
| Growth Fund of America | 23,392,738 | 6.93% | $1.72B | 0.48% | May 31, 2026 |
| AMCAP Fund | 10,999,757 | 3.26% | $810.13M | 0.83% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 8,406,646 | 2.49% | $685.56M | 0.03% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 6,075,396 | 1.80% | $495.45M | 0.26% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 6,002,479 | 1.78% | $489.50M | 0.52% | Jun 30, 2026 |
| Fidelity Advisor Growth Opportunities Fund | 4,506,600 | 1.34% | $331.91M | 0.94% | May 31, 2026 |
| Growth Fund | 3,595,701 | 1.07% | $293.23M | 0.51% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 3,504,490 | 1.04% | $285.79M | 0.61% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 3,375,831 | 1.00% | $275.30M | 0.28% | Jun 30, 2026 |
| Growth Portfolio | 3,081,665 | 0.91% | $251.31M | 6.99% | Jun 30, 2026 |
| Fidelity Blue Chip Growth Fund | 2,894,323 | 0.86% | $206.97M | 0.21% | Jul 31, 2026 |
| Vanguard U.S. Growth Fund | 2,358,012 | 0.70% | $173.67M | 0.37% | May 31, 2026 |
| BlackRock Mid-Cap Growth Equity Portfolio | 2,307,906 | 0.68% | $169.98M | 3.03% | May 29, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 1,856,597 | 0.55% | $136.74M | 0.05% | May 31, 2026 |
| NYLIM Winslow Large Cap Growth Fund | 1,854,900 | 0.55% | $132.64M | 1.13% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Libor Michalek | President, Director | 1,098,591 | 0.33% | Sep 18, 2026 |
| Max R. Levchin | Chief Executive Officer, Director, 10% owner | 735,294 | 0.22% | Jan 7, 2026 |
| Siphelele Jiyane | Chief Accounting Officer | 188,711 | 0.06% | Nov 3, 2026 |
| Robert O'Hare | Chief Financial Officer | 2,734 | 0.00% | Oct 14, 2026 |
| Michael Linford | President | 127,770 | 0.04% | Sep 18, 2026 |
| Katherine Adkins | Chief Legal Officer | 152,439 | 0.05% | Sep 18, 2026 |
| Noel Bertram Watson | Director | 32,076 | 0.01% | Nov 13, 2026 |
| Richard A. Galanti | Director | 12,355 | 0.00% | Jul 6, 2026 |
| Jacqueline D. Reses | Director | 49,456 | 0.01% | Jul 6, 2026 |
| Christa S. Quarles | Director | 129,761 | 0.04% | Jul 6, 2026 |
| Jeremy Liew | Director | 316,632 | 0.09% | Jul 6, 2026 |
| Ryan M. Schneider | Director | 3,755 | 0.00% | Jul 6, 2026 |
| Rodriquez Manuel Sanchez | Director | 40,172 | 0.01% | Dec 17, 2025 |
| Brian Hughes | Director | 23,355 | 0.01% | Dec 17, 2025 |
| Keith Rabois | Director | 1,663,436 | 0.49% | May 5, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Noel Bertram Watson Director | Nov 10, 2026 | Sale(10b5-1 plan) | −2,000 | $66.90 | $133.80K | 32,076 |
| Robert O'Hare Chief Financial Officer | Oct 9, 2026 | Sale(10b5-1 plan) | −65,591 | $80.02 | $5.25M | 2,734 |
| Robert O'Hare Chief Financial Officer | Oct 9, 2026 | Option exercise | +5,636 | $57.59 | $324.58K | 68,325 |
| Robert O'Hare Chief Financial Officer | Oct 9, 2026 | Option exercise | +8,991 | $44.06 | $396.14K | 62,689 |
| Robert O'Hare Chief Financial Officer | Oct 9, 2026 | Option exercise | +21,836 | $23.35 | $509.87K | 53,698 |
| Robert O'Hare Chief Financial Officer | Oct 9, 2026 | Option exercise | +10,239 | $22.30 | $228.33K | 31,862 |
| Robert O'Hare Chief Financial Officer | Oct 9, 2026 | Option exercise | +1,866 | $41.80 | $78.00K | 21,623 |
| Robert O'Hare Chief Financial Officer | Oct 9, 2026 | Option exercise | +17,023 | $17.19 | $292.63K | 19,757 |
| Siphelele Jiyane Chief Accounting Officer | Sep 14, 2026 | Sale | −26,980 | $72.19 | $1.95M | 188,711 |
| Siphelele Jiyane Chief Accounting Officer | Sep 4, 2026 | Sale | −25,000 | $72.41 | $1.81M | 215,691 |
| Katherine Adkins Chief Legal Officer | Sep 3, 2026 | Option exercise | +37,260 | $23.35 | $870.02K | 194,103 |
| Katherine Adkins Chief Legal Officer | Sep 3, 2026 | Option exercise | +4,404 | $22.30 | $98.21K | 156,843 |
| Katherine Adkins Chief Legal Officer | Sep 3, 2026 | Sale(10b5-1 plan) | −41,664 | $75.53 | $3.15M | 152,439 |
| Robert O'Hare Chief Financial Officer | Sep 2, 2026 | Sale(10b5-1 plan) | −5,886 | $74.02 | $435.68K | 2,734 |
| Katherine Adkins Chief Legal Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −23,765 | $70.13 | $1.67M | 170,338 |
| Katherine Adkins Chief Legal Officer | Sep 1, 2026 | Option exercise | +41,664 | $22.30 | $929.11K | 194,103 |
| Katherine Adkins Chief Legal Officer | Sep 1, 2026 | Tax withholding | −4,795 | $69.94 | $335.36K | 152,439 |
| Katherine Adkins Chief Legal Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −15,599 | $71.00 | $1.11M | 154,739 |
| Katherine Adkins Chief Legal Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −2,300 | $71.87 | $165.30K | 152,439 |
| Katherine Adkins Chief Legal Officer | Sep 1, 2026 | Option exercise | +10,594 | – | – | 157,234 |
| Libor Michalek President, Director | Sep 1, 2026 | Tax withholding | −5,784 | $69.94 | $404.53K | 230,477 |
| Libor Michalek President, Director | Sep 1, 2026 | Option exercise | +11,364 | – | – | 236,261 |
| Siphelele Jiyane Chief Accounting Officer | Sep 1, 2026 | Tax withholding | −3,558 | $69.94 | $248.85K | 240,691 |
| Siphelele Jiyane Chief Accounting Officer | Sep 1, 2026 | Option exercise | +9,038 | – | – | 244,249 |
| Robert O'Hare Chief Financial Officer | Sep 1, 2026 | Option exercise | +11,987 | – | – | 30,466 |
| Robert O'Hare Chief Financial Officer | Sep 1, 2026 | Tax withholding | −6,101 | $69.94 | $426.70K | 24,365 |
| Robert O'Hare Chief Financial Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −15,545 | $71.59 | $1.11M | 8,820 |
| Robert O'Hare Chief Financial Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −200 | $72.51 | $14.50K | 8,620 |
| Michael Linford President | Sep 1, 2026 | Tax withholding | −4,662 | $69.94 | $326.06K | 127,770 |
| Michael Linford President | Sep 1, 2026 | Option exercise | +11,719 | – | – | 132,432 |
| Michael Linford Chief Operating Officer | Aug 28, 2026 | Sale(10b5-1 plan) | −79,219 | $90.01 | $7.13M | 120,713 |
| Michael Linford Chief Operating Officer | Aug 28, 2026 | Option exercise | +79,219 | $5.39 | $426.99K | 199,932 |
| Noel Bertram Watson Director | Aug 12, 2026 | Sale(10b5-1 plan) | −2,000 | $77.86 | $155.72K | 34,076 |
| Katherine Adkins Chief Legal Officer | Aug 1, 2026 | Tax withholding | −634 | $71.51 | $45.34K | 146,640 |
| Katherine Adkins Chief Legal Officer | Aug 1, 2026 | Option exercise | +1,401 | – | – | 147,274 |
| Michael Linford Chief Operating Officer | Aug 1, 2026 | Tax withholding | −970 | $71.51 | $69.36K | 120,713 |
| Michael Linford Chief Operating Officer | Aug 1, 2026 | Option exercise | +2,335 | – | – | 121,683 |
| Libor Michalek President, Director | Aug 1, 2026 | Option exercise | +2,335 | – | – | 226,086 |
| Libor Michalek President, Director | Aug 1, 2026 | Tax withholding | −1,189 | $71.51 | $85.03K | 224,897 |
| Jacqueline D. Reses Director | Jul 1, 2026 | Award | +655 | – | – | 49,456 |
| Katherine Adkins Chief Legal Officer | Jul 1, 2026 | Tax withholding | −635 | $83.85 | $53.24K | 145,873 |
| Katherine Adkins Chief Legal Officer | Jul 1, 2026 | Option exercise | +1,402 | – | – | 146,508 |
| Ryan M. Schneider Director | Jul 1, 2026 | Award | +3,100 | – | – | 3,755 |
| Ryan M. Schneider Director | Jul 1, 2026 | Award | +655 | – | – | 655 |
| Libor Michalek President, Director | Jul 1, 2026 | Option exercise | +2,336 | – | – | 224,940 |
| Libor Michalek President, Director | Jul 1, 2026 | Tax withholding | −1,189 | $83.85 | $99.70K | 223,751 |
| Jeremy Liew Director | Jul 1, 2026 | Award | +655 | – | – | 316,632 |
| Michael Linford Chief Operating Officer | Jul 1, 2026 | Tax withholding | −972 | $83.85 | $81.50K | 119,348 |
| Michael Linford Chief Operating Officer | Jul 1, 2026 | Option exercise | +2,336 | – | – | 120,320 |
| Christa S. Quarles Director | Jul 1, 2026 | Award | +655 | – | – | 69,316 |
| Richard A. Galanti Director | Jul 1, 2026 | Award | +655 | – | – | 12,355 |
| Michael Linford Chief Operating Officer | Jun 26, 2026 | Sale(10b5-1 plan) | −100,000 | $80.04 | $8.00M | 117,984 |
| Michael Linford Chief Operating Officer | Jun 26, 2026 | Option exercise | +100,000 | $5.39 | $539.00K | 217,984 |
| Libor Michalek President, Director | Jun 1, 2026 | Option exercise | +11,363 | – | – | 228,387 |
| Libor Michalek President, Director | Jun 1, 2026 | Tax withholding | −5,783 | $72.91 | $421.64K | 222,604 |
| Katherine Adkins Chief Legal Officer | Jun 1, 2026 | Tax withholding | −4,793 | $72.91 | $349.46K | 145,106 |
| Katherine Adkins Chief Legal Officer | Jun 1, 2026 | Option exercise | +10,590 | – | – | 149,899 |
| Michael Linford Chief Operating Officer | Jun 1, 2026 | Tax withholding | −4,666 | $72.91 | $340.20K | 117,984 |
| Michael Linford Chief Operating Officer | Jun 1, 2026 | Option exercise | +11,717 | – | – | 122,650 |
| Siphelele Jiyane Chief Accounting Officer | Jun 1, 2026 | Tax withholding | −4,546 | $72.91 | $331.45K | 235,211 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
5.26%
18M shares short
Days to cover
6.2
At 3M shares a day
Change since last report
+0.9%
From 17M shares
Short volume, 20 days
47.2%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Affirm's stock actually held short. Settlement fails (shares not delivered on time) peaked at 52,561 shares on Aug 21, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Noel Bertram Watson Officer | Nov 10, 2026 | 2,000 | $136.06K | Nov 10, 2026 | Restricted Stock Units |
| Robert O'Hare Officer | Oct 9, 2026 | 65,591 | $5.06M | Oct 9, 2026 | Exercise of Stock Options |
| Siphelele Jiyane Officer | Sep 14, 2026 | 26,980 | $1.95M | Sep 14, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Siphelele Jiyane Officer | Sep 4, 2026 | 25,000 | $1.81M | Sep 4, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Katherine Adkins Officer | Sep 3, 2026 | 41,664 | $3.09M | Sep 3, 2026 | Exercise of Stock Options |
| Robert O'Hare Officer | Sep 2, 2026 | 5,886 | $411.67K | Sep 2, 2026 | Restricted Stock Units |
| Katherine Adkins Officer | Sep 1, 2026 | 41,664 | $3.10M | Sep 1, 2026 | Exercise of Stock Options |
| Robert O'Hare Officer | Sep 1, 2026 | 15,745 | $1.17M | Sep 1, 2026 | Restricted Stock Units |
| Michael Linford Officer | Aug 28, 2026 | 79,219 | $6.14M | Aug 28, 2026 | Exercise of Stock Options |
| Noel Bertram Watson Officer | Aug 12, 2026 | 2,000 | $153.41K | Aug 12, 2026 | Restricted Stock Units |
| Michael Linford Officer | Jun 26, 2026 | 100,000 | $7.69M | Jun 26, 2026 | Exercise of Stock Options |
| Noel Bertram Watson Director | May 13, 2026 | 4,000 | $261.72K | May 13, 2026 | Restricted Stock Units |
| Noel Bertram Watson Director | Apr 14, 2026 | 2,000 | $103.94K | Apr 14, 2026 | Restricted Stock Units |
| Robert Warren Ohare Officer | Jan 5, 2026 | 48,389 | $3.58M | Jan 5, 2026 | Exercise of Stock Options |
| Maksim Rafael Levchin Officer/Director | Jan 5, 2026 | 666,666 | $53.75M | Jan 5, 2026 | Stock Option Exercise |
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