Institutional Investors Increase Stakes in Fintech Firms Klaviyo and Klarna

Zweig DiMenna Associates LLC disclosed a purchase of 129,200 shares of Klaviyo, Inc., valued at roughly $2.5 million, in its latest Form 13F filing. The investment adds to a broader trend of hedge funds adjusting positions in the marketing‑automation company, with several other investors also modifying their holdings.

Bastion Asset Management Inc. reported a new position in Klarna Group plc, acquiring 391,024 shares worth about $5.3 million, representing roughly 0.10% of the buy‑now‑pay‑later provider. The purchase joins a series of recent stake changes by other funds in Klarna, which recently posted earnings that beat expectations and posted revenue growth of 42.7% year‑over‑year.

Both filings illustrate growing institutional interest in fintech companies listed on U.S. exchanges, as analysts continue to monitor ratings and price targets for the two firms.