AFFIRM HLDGS INC AFRM 0.75 12.15.29
NOTE 0.750%12/1 · US DOMESTIC · CUSIP 00827BAD8
50
institutional holders
-1 vs Q4 2025
39.1m
shares reported held*
$892.5mreported value*
16 new
14 added
10 reduced
17 sold out
net bought ≈ $13.2m (+23.9m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $22.83.
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2025 | 51 |
| Q1 2026 | 50 |
Biggest buyers
| AQR Arbitrage LLC | New | +75.0m |
| Balyasny Asset Management L.P. | New | +31.5m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +28.8m |
| ADVENT CAPITAL MANAGEMENT /DE/ | Added | +20.7m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +9.8m |
| MORGAN STANLEY | Added | +8.3m |
| STATE STREET CORP | Added | +8.2m |
| LAZARD ASSET MANAGEMENT LLC | Added | +7.7m |
| WELLS FARGO & COMPANY/MN | New | +7.6m |
| Verition Fund Management LLC | Added | +7.5m |
Biggest sellers
| D. E. Shaw & Co., Inc. | Sold out | -65.0m |
| LORD, ABBETT & CO. LLC | Sold out | -26.9m |
| ARISTEIA CAPITAL, L.L.C. | Reduced | -19.0m |
| BANK OF AMERICA CORP /DE/ | Sold out | -14.9m |
| Calamos Advisors LLC | Sold out | -13.2m |
| Jump Financial, LLC | Sold out | -13.0m |
| Context Capital Management, LLC | Reduced | -10.8m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -10.5m |
| TWO SIGMA INVESTMENTS, LP | Sold out | -9.7m |
| Polar Capital Holdings Plc | Sold out | -9.5m |
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Linden Advisors LP 1.36% of their portfolio | 259.6m $242.7m | Added +3.9m |
| VOYA INVESTMENT MANAGEMENT LLC 0.16% of their portfolio | 168.0m $157.7m | Added +9.8m |
| AQR Arbitrage LLC 1.16% of their portfolio | 75.0m $70.4m | New |
| ADVENT CAPITAL MANAGEMENT /DE/ 1.84% of their portfolio | 66.3m $62.4m | Added +20.7m |
| Verition Fund Management LLC 0.36% of their portfolio | 40.0m $37.5m | Added +7.5m |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 36.2m $33.8m | Unchanged |
| ARISTEIA CAPITAL, L.L.C. 0.72% of their portfolio | 33.5m $31.4m | Reduced -19.0m |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 31.5m $29.5m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 28.8m $27.0m | Added +28.8m |
| MacKay Shields LLC 0.93% of their portfolio | 27.1m $25.5m | Added +2.9m |
| MORGAN STANLEY 0.00% of their portfolio | 21.8m $20.4m | Added +8.3m |
| STATE STREET CORP 0.00% of their portfolio | 20.4m $19.1m | Added +8.2m |
| BlackRock, Inc. 0.00% of their portfolio | 14.7m $13.8m | Added +3.0m |
| FMR LLC 0.00% of their portfolio | 10.7m $10.0m | Unchanged |
| Context Capital Management, LLC 0.22% of their portfolio | 10.0m $9.4m | Reduced -10.8m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 9.7m $8.9m | Reduced -4.1m |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 9.6m $90.4k | Added +7.7m |
| ZAZOVE ASSOCIATES LLC 0.44% of their portfolio | 9.0m $9.2m | Added +4.5m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.01% of their portfolio | 8.8m $8.2m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 7.6m $7.1m | New |
| Nicholas Investment Partners, LP 0.51% of their portfolio | 7.6m $7.1m | Added +2.5m |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 7.3m $6.9m | Added +41.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio | 6.9m $6.5m | New |
| Nuveen, LLC 0.00% of their portfolio | 6.5m $6.1m | New |
| SSI INVESTMENT MANAGEMENT LLC 0.28% of their portfolio | 4.3m $4.0m | New |
| Amundi 0.00% of their portfolio | 4.0m $3.7k | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 3.1m $2.9m | Reduced -3.3m |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 3.0m $2.8m | Unchanged |
| ONTARIO TEACHERS PENSION PLAN BOARD 0.07% of their portfolio | 2.5m $2.3m | Unchanged |
| Man Group plc 0.00% of their portfolio | 2.2m $2.0m | Reduced -200.0k |
| RWC Asset Management LLP 0.05% of their portfolio | 1.2m $1.1m | Reduced -306.0k |
| EFG International AG 0.02% of their portfolio | 1.2m $1.1m | New |
| AGF MANAGEMENT LTD 0.00% of their portfolio | 1.0m $935.8k | Unchanged |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 850.0k $796.1k | Reduced -3.0m |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 800.0k $747.2k | Reduced -10.5m |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 784.0k $733.7k | Reduced -179.0k |
| DNCA FINANCE 0.03% of their portfolio | 590.0k $551.9k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 400.0k $374.6k | Reduced -200.0k |
| Central Pacific Bank - Trust Division 0.03% of their portfolio | 268.0k $250.8k | New |
| CITIGROUP INC 0.00% of their portfolio | 250.0k $233.9k | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 213.0k $199.3k | Unchanged |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio | 95.0k $88.9k | New |
| SG Americas Securities, LLC 0.01% of their portfolio | 94.4k $8.8m | New |
| VIRTUS ADVISERS, LLC 0.02% of their portfolio | 36.0k $33.7k | Unchanged |
| STEPHENS INC /AR/ 0.00% of their portfolio | 29.0k $27.1k | New |
| INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio | 23.0k $21.5k | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 19.0k $17.7k | New |
| Balboa Wealth Partners 0.00% of their portfolio | 14.0k $13.1k | New |
| Squarepoint Ops LLC 0.03% of their portfolio | 12.5k $11.7m | Added +2.5k |
| Erste Asset Management GmbH 0.00% of their portfolio | 0 $0 | Unchanged |