SCHEDULE: Vanguard Reports 0% Stake in Affirm After Internal Realignment

The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Affirm Holdings Inc. following an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 3 to its Schedule 13G for Affirm Holdings Inc.
• The filing indicates that The Vanguard Group now beneficially owns 0.00 shares, representing 0% of Affirm Holdings Inc.'s Common Stock.
• This change is attributed to an internal realignment within The Vanguard Group, Inc. on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of Vanguard will report beneficial ownership separately, and The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over these securities.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Affirm Holdings Inc.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral for Affirm Holdings Inc. as it represents an administrative change in The Vanguard Group's reporting structure rather than a strategic investment decision related to Affirm's performance or outlook.

Future Outlook

NA

Management Comments

• Ashley Grim, Head of Global Fund Administration for The Vanguard Group, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that this filing reflects an administrative change in how a major institutional investor, The Vanguard Group, reports its beneficial ownership due to an internal restructuring. It does not indicate a change in investment strategy or a divestment based on Affirm Holdings Inc.'s performance, but rather a disaggregation of reporting responsibilities among Vanguard's entities. This type of realignment is common for large asset managers to comply with SEC reporting guidelines.

Stakeholder Impact

• Shareholders of Affirm Holdings Inc. may note the change in reporting structure for a significant institutional investor, but there is no direct operational or financial impact on Affirm itself.

Key Dates

Keywords

Affirm Holdings Inc., Vanguard Group, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Ownership, Financial Reporting