JPMorgan Chase & Co. Acquires 5.7% Passive Stake in Affirm Holdings, Inc.

JPMorgan Chase & Co. has filed a Schedule 13G with the SEC, reporting a new 5.7% passive ownership stake in Affirm Holdings, Inc. (AFRM). As of the event date on June 30, 2026, JPMorgan beneficially owns 16,832,019 shares of Class A common stock. The filing indicates that the firm holds sole voting power over 15,097,009 shares and sole dispositive power over 16,752,611 shares. This position was acquired in the ordinary course of business through various subsidiaries, including J.P. Morgan Securities LLC and J.P. Morgan Investment Management Inc., and is not intended to influence or change control of the issuer. This marks a significant increase from a previous 0% ownership level, establishing JPMorgan as a major institutional shareholder in the fintech company. The filing was formally submitted on July 16, 2026, signed by Vice President Rachel Tsvaygoft.