Spyglass Capital Management LLC increased its investment in Chime Financial, Inc. by 162.6% during the second quarter. According to a September 1, 2026, filing, the firm now holds more than 3.4 million shares. This position is valued at approximately $69.8 million.
Chime has become a top-15 holding for Spyglass, accounting for 3.8% of its total portfolio. The firm now owns a 0.90% stake in the fintech company.
This aggressive institutional buying provides a counter-narrative to recent insider selling. The move follows Chime exceeding earnings estimates and reporting a 26.8% year-over-year revenue increase.