Portman Square Capital 13F: New $12M Stake in SOFI

Portman Square Capital has opened a new position in SoFi Technologies, Inc. (NASDAQ: SOFI), acquiring 784,273 shares valued at about $12.3 million, according to a filing made on October 15, 2026. This move marks a significant entry into the financial services sector company, which focuses on providing various financial services including loans and investment solutions.

What Changed in Portman Square Capital's SoFi Position

Portman Square Capital's newly acquired stake of 784,273 shares reflects a new investment, as the fund previously held no shares in SoFi. The filing indicates that Portman Square is now invested in the company, putting its confidence in SoFi’s potential.

Other Institutional Activity in SoFi

Other institutional investors have also been active in SoFi Technologies. Blackrock Inc. holds 72,444,208 shares valued at approximately $1.05 billion after increasing its position by 2,886,639 shares, representing a 4.2% increase. Vanguard Capital Management LLC has 57,928,852 shares valued at about $842.9 million, having added 822,334 shares, up 1.4%. Meanwhile, Goldman Sachs Group Inc. significantly increased its holdings by 22,675,133 shares, now totaling 35,207,678 shares worth about $512.3 million, a jump of 180.9%.

SoFi Technologies, Inc. Stock Up 1.8%

As of October 16, 2026, SoFi Technologies is trading around $14.48. This is below its 50-day moving average of $17.23 and the 200-day moving average of $18.49. The stock is also down about 55.8% from its 52-week high of $32.73, but it remains 4.4% above its 52-week low of $13.88, suggesting mixed performance in the current market.

Recent Earnings

SoFi Technologies reported trailing twelve-month revenue of approximately $4.27 billion, showing a year-over-year revenue growth of 42.6%. The next earnings report is set for October 27, 2026, which will provide further insights into the company's performance.

Insider Buying and Selling at SoFi Technologies, Inc.

In recent insider trading, Kelli Keough, EVP of SoFi, purchased 127,868 shares on June 15, 2026. This was followed by a sale of 61,479 shares at an average price of $17.61 the next day. Additionally, General Counsel Robert Lavet sold 14,914 shares at the same price on June 16 and later sold another 1,188 shares on June 18.

Analysts Set New Price Targets

Analysts have been active in adjusting their views on SoFi Technologies. On October 13, 2026, StoneX initiated coverage with a 'Buy' rating and a price target of $25.00. Prior to that, Piper Sandler initiated an 'Overweight' rating with a target of $22.00 on August 17, and Scotiabank followed up with a 'Sector Outperform' rating and a target of $25.00 on September 2. The consensus rating remains a 'hold' with a mean price target of $20.36 based on 23 analyst opinions.

About SoFi Technologies

SoFi Technologies, Inc. is a financial services company based in San Francisco, CA. It provides lending services, a technology platform, and other financial products to help customers with borrowing, saving, spending, investing, and protecting their money. The company's diverse offerings have positioned it as a significant player in the credit services industry.

Bottom Line

Investors will be watching SoFi Technologies closely, especially with the upcoming earnings report on October 27, 2026. The filing from Portman Square Capital reflects holdings as of the reporting period and may not represent the investor's current position. This recent stake by Portman Square adds to the growing interest in SoFi among institutional investors. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.