Fund Slashes Chime Stake by Nearly $10 Million as Shares Sit 27% Below IPO Price

15 hours ago 1

Jonathan Ponciano, The Motley Fool

Sat, February 14, 2026 astatine 11:17 AM CST 4 min read

On February 13, 2026, Singapore-based Napean Trading & Investment reported selling 449,981 shares of Chime Financial (NASDAQ:CHYM), an estimated $9.56 cardinal commercialized based connected quarterly mean pricing.

According to an SEC filing dated February 13, 2026, Napean Trading & Investment reduced its presumption successful Chime Financial by 449,981 shares. The estimated worth of the merchantability was astir $9.56 million, based connected the mean unadjusted closing terms during the 4th fourth of 2025. The fund’s quarter-end involvement was 11,878 shares, valued astatine $298,969.

Following the sale, Chime Financial accounts for 0.06% of the fund’s 13F reportable assets nether management.
Top holdings aft the filing:
- NASDAQ: HOOD: $118.73 cardinal (23.1% of AUM)
- NASDAQ: NAVN: $100.33 cardinal (19.5% of AUM)
- NASDAQ: AVGO: $21.08 cardinal (4.1% of AUM)
- NASDAQ: BLLN: $19.10 cardinal (3.7% of AUM)
- NASDAQ: LRCX: $18.07 cardinal (3.5% of AUM)
As of February 13, 2026, shares of Chime Financial were priced astatine $19.69, down astir 27% from their $27 offering terms successful June.
The presumption was antecedently 1.8% of the fund's AUM arsenic of the anterior quarter.

Metric

Value

Price (as of marketplace adjacent 2/13/26)	$19.69
Market Capitalization	$7.38 billion
Revenue (TTM)	$2.07 billion
Net Income (TTM)	($984.77 million)

Chime Financial offers mobile-first, fee-free banking services including checking, savings, aboriginal paycheck access, and overdraft protection.
The institution generates gross chiefly done interchange fees from debit paper transactions, leveraging partnerships with FDIC-insured banks.
It targets consumers earning nether $100,000 annually, focusing connected underserved retail banking customers successful the United States.

Chime Financial, Inc. operates astatine standard arsenic a starring U.S. fintech platform, serving implicit a 1000 employees and a wide basal of retail banking customers. The institution differentiates itself by providing no-fee, accessible integer banking products and leveraging exertion to streamline lawsuit experience. Its strategy centers connected expanding fiscal entree for little and middle-income consumers, positioning Chime arsenic a disruptor among determination banks and accepted fiscal institutions.

Conviction is often clearest erstwhile superior is reallocated, and reducing a erstwhile meaningful 1.8% presumption to conscionable 0.06% of assets shows a portfolio tilting absorption toward higher attraction ideas similar Robinhood and Navan, with fintech vulnerability becoming much selective.

Operationally, Chime is hardly stagnant. Third 4th gross roseate 29% twelvemonth implicit twelvemonth to $543.5 million, with gross borderline holding astatine 87% and progressive members up 21% to 9.1 million. Purchase measurement climbed 15% to $32.3 billion, and adjusted EBITDA turned affirmative astatine $28.8 million. Yet the firm’s nett nonaccomplishment remained $54.7 cardinal for the 4th (worse than a nonaccomplishment of $22 cardinal past year), underscoring that standard has not afloat translated to GAAP profitability.

Shares present commercialized astir $19.69, astir 27% beneath the $27 IPO price. For semipermanent investors, the communicative is little astir quarterly trims and much astir portion economics. Revenue maturation and improving margins are real, but sustained profitability and disciplined disbursal power volition find whether this fintech earns backmost condemnation superior implicit time.

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