Sezzle

SEZL • NASDAQ

Sezzle is a financial - credit services company in the financial services sector on NASDAQ, led by Charles Youakim, with a market cap of $2.3B. As of Q3 2025, 30% of shares are held by 206 institutional investors, with Divisadero Street Capital Management, LP as the largest holder at 4.39%.

Chief Executive OfficerCharles Youakim

Market Cap$2.3B

Financial - Credit Services

Financial Services

Employees278.0

Websitesezzle.com

Country

United States of America

Overview

Overview of institutional ownership in SEZL as of Q3 2025 with a market cap of $2.7B

All Institutions

Institutions: 206
Value Held: $813.1M
Shares Held: 10.2M
Avg Position: $3.9M
Median Position: $444.1K

Hedge Funds

Hedge Funds: 26
Value Held: $204.2M
Shares Held: 2.6M
Avg Position: $7.9M
Median Position: $1.6M

Ownership Breakdown

Institutional (non-HF)

22.5%

$608.9M

Hedge Funds

7.55%

$204.2M

Retail & Other

69.95%

$1.9B

Based on market cap of $2.7B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in SEZL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	William Zolezzi Managing Partner	$118.9M 5.56% of portfolio	4.39% 1.5M shares	Q1 2025 Held for 8 months	$2.1B
B BlackRock, Inc. Institution	-	$101.6M 0.00% of portfolio	3.76% 1.3M shares	Q4 2023 Held for 1y 11m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$80.9M 0.00% of portfolio	2.99% 1.0M shares	Q1 2024 Held for 1y 8m	$6.69T
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$45.4M 0.03% of portfolio	1.68% 571.2K shares	Q1 2025 Held for 8 months	$161.58B
Marshall Wace LLP Institution	Diana Lj Harrison President	$38.6M 0.04% of portfolio	1.42% 484.8K shares	Q4 2023 Held for 1y 11m	$90.3B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$38.1M 0.00% of portfolio	1.41% 478.8K shares	Q4 2023 Held for 1y 11m	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$30.0M 0.00% of portfolio	1.11% 377.6K shares	Q1 2024 Held for 1y 8m	$2.88T
M Man Group plc Institution	-	$25.0M 0.05% of portfolio	0.92% 314.4K shares	Q3 2025 Held for 2 months	$50.8B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$18.1M 0.00% of portfolio	0.67% 227.5K shares	Q4 2023 Held for 1y 11m	$1.65T
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$16.8M 0.01% of portfolio	0.62% 211.1K shares	Q4 2023 Held for 1y 11m	$121.98B

Net Capital Flow

Institutional buying and selling activity for SEZL in Q3 2025

Net Flow: −$188.1M
Buyers: 78
Sellers: 133
Total Bought: +$145.1M
Total Sold: −$333.2M
Avg Position: $3.3M

Biggest Buyers

Institution	Net Bought	Current Position
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	+$46.7M +587.1K shares	$118.9M 1.5M shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	+$23.6M +296.3K shares	$45.4M 571.2K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$15.1M +189.7K shares	$15.3M 192.9K shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$8.7M +108.9K shares	$9.6M 120.5K shares
B BlackRock, Inc. Institution	+$7.6M +95.5K shares	$101.6M 1.3M shares
VANGUARD GROUP INC Institution	+$3.7M +46.8K shares	$80.9M 1.0M shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$3.1M +39.0K shares	$38.1M 478.8K shares
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	+$3.0M +37.9K shares	$3.9M 49.4K shares
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	+$3.0M +37.8K shares	$3.0M 37.8K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$2.4M +30.1K shares	$3.1M 39.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
D D. E. Shaw & Co., Inc. Institution	−$49.6M −624.1K shares	$16.0M 200.8K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$35.8M −199.9K shares	Sold Off 0 shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$27.8M −349.0K shares	$4.1M 51.4K shares
J JANE STREET GROUP, LLC Institution	−$22.9M −127.9K shares	Sold Off 0 shares
Trexquant Investment LP Hedge Fund•Quant	−$20.5M −114.3K shares	Sold Off 0 shares
C Cubist Systematic Strategies, LLC Institution	−$16.8M −93.5K shares	Sold Off 0 shares
GOLDMAN SACHS GROUP INC Institution	−$15.4M −193.3K shares	$14.3M 179.7K shares
FIRST TRUST ADVISORS LP ETF Provider	−$12.1M −152.3K shares	$2.9M 35.9K shares
Marshall Wace LLP Institution	−$11.7M −147.7K shares	$38.6M 484.8K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$8.1M −101.8K shares	$2.8M 34.8K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited SEZL in Q3 2025

New Positions: 51
New Value: $50.9M
Exited Positions: 77
Exited Value: $160.4M

New Positions

Institution	Position Value
M Man Group plc Institution	$25.0M 314.4K shares
FINDELL CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	$4.3M 54.0K shares
M Madison Asset Management, LLC Long Only Manager	$2.5M 31.5K shares
B BI Asset Management Fondsmaeglerselskab A/S Institution	$1.9M 24.4K shares
Blackstone Group L.P. Institution	$1.9M 23.9K shares
Whetstone Capital Advisors, LLC Hedge Fund•Long/Short	$1.7M 21.7K shares
IMC-Chicago, LLC RIA/Wealth	$1.6M 19.8K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$1.5M 19.5K shares
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$1.5M 18.3K shares
O OMERS ADMINISTRATION Corp Institution	$1.0M 12.9K shares

Exited Positions

Institution	Previous Position
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	$35.8M 199.9K shares
J JANE STREET GROUP, LLC Institution	$22.9M 127.9K shares
Trexquant Investment LP Hedge Fund•Quant	$20.5M 114.3K shares
C Cubist Systematic Strategies, LLC Institution	$16.8M 93.5K shares
LORD, ABBETT & CO. LLC Long Only Manager	$7.5M 41.9K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	$5.4M 30.4K shares
PDT Partners, LLC Hedge Fund•Quant	$5.2M 28.9K shares
J Jump Financial, LLC Institution	$4.1M 22.7K shares
M Metavasi Capital LP Hedge Fund•Long/Short	$3.0M 17.0K shares
Centiva Capital, LP Hedge Fund•Multi-Strategy	$2.8M 15.5K shares

Options Activity

Institutions with the largest Call and Put options positions in SEZL as of Q3 2025

Call Positions: 9
Call Value: $49.9M
Put Positions: 11
Put Value: $52.1M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$16.6M 2.1K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$13.0M 1.6K contracts
J JANE STREET GROUP, LLC Institution	$6.4M 803.0 contracts
W WOLVERINE TRADING, LLC Institution	$5.6M 684.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$2.0M 257.0 contracts
P PEAK6 LLC Institution	$2.0M 253.0 contracts
D D. E. Shaw & Co., Inc. Institution	$1.6M 205.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	$1.6M 199.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$1.1M 141.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$16.9M 2.1K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$8.7M 1.1K contracts
G G2 Investment Partners Management LLC Hedge Fund•Long/Short	$8.0M 1.0K contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$4.6M 574.0 contracts
W WOLVERINE TRADING, LLC Institution	$3.5M 430.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$2.9M 363.0 contracts
D D. E. Shaw & Co., Inc. Institution	$2.2M 278.0 contracts
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds	$1.8M 221.0 contracts
J JANE STREET GROUP, LLC Institution	$1.6M 203.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$1.3M 161.0 contracts

Most Committed Institutions

Institutions with SEZL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	William Zolezzi Managing Partner	5.56% $118.9M	4.39% 1.5M shares	Q1 2025 Held for 8 months	$2.1B
G G2 Investment Partners Management LLC Hedge Fund•Long/Short	Joshua M Goldberg Managing Partner	2.98% $13.9M	0.52% 175.3K shares	Q2 2024 Held for 1y 5m	$467.4M
FINDELL CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	Ryan Bradley Voerg CFO	1.99% $4.3M	0.16% 54.0K shares	Q3 2025 Held for 2 months	$215.6M
Worth Venture Partners, LLC Fund of Funds	David Alexander Wertentheil CEO	1.32% $268.4K	0.01% 3.4K shares	Q3 2025 Held for 2 months	$20.3M
Connective Capital Management, LLC Hedge Fund•Long/Short	Robert Magnus Romero CEO	0.69% $745.2K	0.03% 9.4K shares	Q3 2025 Held for 2 months	$108.7M
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	John Peter Hussman President	0.66% $3.0M	0.11% 37.8K shares	Q1 2025 Held for 8 months	$458.6M
Whetstone Capital Advisors, LLC Hedge Fund•Long/Short	David Alan Atterbury President	0.48% $1.7M	0.06% 21.7K shares	Q3 2025 Held for 2 months	$361.1M
NAVELLIER & ASSOCIATES INC RIA/Wealth	Louis Gene Navellier CEO	0.45% $4.5M	0.16% 56.0K shares	Q3 2024 Held for 1y 2m	$983.4M
B Bey-Douglas LLC Institution	-	0.36% $477.2K	0.02% 6.0K shares	Q3 2025 Held for 2 months	$134.1M
Precision Wealth Strategies, LLC RIA/Wealth	Darin Jerome Robinson CEO	0.33% $1.0M	0.04% 12.7K shares	Q3 2025 Held for 2 months	$307.8M