SoFi Technologies reports revenue growth as institutional investors shift Strategy Inc holdings

SoFi Technologies reported significant growth in its second quarter of 2026, despite a 30% decline in stock value during the year. The company saw a 40% year-over-year increase in adjusted net revenue and onboarded 1.1 million new members, representing a 35% increase. Loan originations reached a record $14.8 billion, with revenue in that sector rising 63% year-over-year.

In separate market activity, NewEdge Advisors LLC reduced its position in Strategy Inc by 11.3% during the second quarter, leaving the firm with 67,705 shares. Meanwhile, other institutional investors showed varying movements, with Sei Investments Co. increasing its stake by 136% and Manufacturers Life Insurance Company boosting its holdings by 59.4%.