--- title: "DST Global sold $41 million of Chime, not 80% of its stake; seven funds still hold $1.1 billion" description: "The alerts called it an 80% stake cut. The filing shows seven DST Global funds still holding about $1.1 billion of Chime, just under the 10% line that made them report, after selling into a quarter that beat on both lines." publisher: "The Inference" section: "Economy" published: 2026-11-10T14:20:04.665Z modified: 2026-11-10T14:20:04.665Z canonical: https://theinference.org/article/dst-global-sold-41-million-of-chime-not-80-of-its-stake-seven-funds-still-hold-1-1-billion language: en keywords: "Insider Sales, Chime, Fintech, SEC Filings, Institutional Investors, Earnings" --- # DST Global sold $41 million of Chime, not 80% of its stake; seven funds still hold $1.1 billion > The alerts called it an 80% stake cut. The filing shows seven DST Global funds still holding about $1.1 billion of Chime, just under the 10% line that made them report, after selling into a quarter that beat on both lines. ## What the Form 4 actually says EDGAR, the SEC's public filing archive, took the paperwork on Monday, November 9 [3][8]: [a Form 4](https://www.sec.gov/Archives/edgar/data/1795586/000119312526454165/ownership.xml), the filing that insiders and holders above 10% of a stock class owe the SEC when they trade. Seven funds reporting under DST Global Advisors, the venture firm that was one of [Chime](https://theinference.org/markets/companies/chime)'s two biggest institutional owners when the banking app listed in June 2025 [6], sold 1,319,027 Chime Financial (NASDAQ: CHYM) shares on Friday, November 6 at a blended $31.13, about $41.1 million [3][1]. Chime, whose app serves 10.9 million members [4], had [reported two days earlier](https://finance.yahoo.com/markets/stocks/articles/chime-reports-third-quarter-2026-210500428.html): revenue up 32% to $718 million, net income of $44 million, a third straight profitable quarter under GAAP, the standard U.S. accounting rules [4][5]. ## Eleven dated sales since August 19 The selling started on August 19, two weeks after [a second-quarter report that raised the outlook](https://www.channelnewsasia.com/business/chime-raises-2026-revenue-forecast-robust-demand-cfo-step-down-6302051), printed $670 million of revenue and announced CFO Matt Newcomb's exit after a decade [7]. The [dated trades MarketBeat compiles from DST's filings](https://www.marketbeat.com/instant-alerts/insider-chime-financial-nasdaq-chym-major-shareholder-sells-4106131051-in-stock-2026-11-09/) run from $145.5 million on August 19 and $58.7 million on August 24 to $109.3 million on September 14, then $344,754 on November 5 and $41.1 million on November 6: about $433 million across eleven sales [1]. The November 9 filing itself lists only the two November trades [3]; the August and September receipts sit in earlier filings. *Chart: **DST's dated Chime sales total $433 million since August 19** Column chart of DST Global funds' dated sales of Chime stock from August 19 to November 6, 2026, in millions of dollars, peaking at $145.5 million on August 19 and $109.3 million on September 14.* *Proceeds, in millions of dollars, of DST Global funds' disclosed Form 4 sales of Chime Class A stock, by trade date. Source: MarketBeat compilation of Form 4 transactions; the November trades verified against the SEC filing itself. [1][3]* ## The 80% exit that was not one MarketBeat's alert said the sale cut the holder 80.26%, to 324,365 shares worth $10.1 million [1]. That count is the closing line of one fund, DSTG VII Investments-4 [3]. Summed across the seven funds in the same filing, DST held 34,688,826 shares, about 9% of the 383.3 million shares Chime had outstanding on September 30, worth about $1.13 billion at Monday's $32.53 close [3][4][1]. The alert appears to have read one fund's last line as the whole position; the other six funds held just over $1.1 billion of stock [3][1]. Chime priced its June 2025 IPO at $27, raising about $700 million [6], and DST now sits just under the 10% line that obliges large holders to report every trade [1]. ## The bull case held; the selling did too The quarter [beat consensus on both lines](https://247wallst.com/cards/chime-financial-q3-2026-earnings-chym-01m6m94zb3mqcp3v2s1t3wjxy9), $704 million of expected revenue and $0.10 of expected earnings [5]. Guidance rose to $2.792–2.802 billion for the year and $757–767 million for the fourth quarter [4], and the Stride Bank purchase tracks a first-half 2027 close [4]. Twenty of 23 analysts rate the stock buy or better, average target $39.47; [Wells Fargo](https://theinference.org/markets/companies/wells-fargo) lifted its target to $42 in a Thursday note, the day the $344,754 tranche crossed [1]. The shares rose $1.20, about 3.8%, to $32.53 on Monday [1][2]. Nothing in the filings says why. The thread runs longer than this week: [insiders sold $620 million in 90 days](https://theinference.org/article/chime-insiders-sold-620-million-in-90-days-and-its-growth-consensus-is-30-not-43-5) into a stock near 130 times earnings [1], alongside [credit at 29% of purchase volume and a $2 million sale by the co-founder's trust](https://theinference.org/article/chime-grew-32-with-credit-at-29-of-purchase-volume-its-co-founder-s-trust-sold-2-million-of-stock). ## What goes dark from here At about 9%, the reporting duty that produced eleven dated receipts likely lapses with this filing [1]. The next readings: the fourth-quarter print, guided to $757–767 million [4], and the February 13F filings, the quarterly portfolio disclosures institutions owe the SEC, the only place the stake stays countable. Below ten percent the receipts stop; from February on, DST's Chime stake exists only in a form filed four times a year. ## Takeaway The "80% stake cut" was one fund's closing line: seven DST Global funds still hold about $1.1 billion of Chime, just under the 10% line that ends their trade-by-trade reporting. ## Sources 1. [MarketBeat, "Chime Financial (NASDAQ:CHYM) Major Shareholder Sells $41,061,310.51 in Stock", 9 November 2026](https://www.marketbeat.com/instant-alerts/insider-chime-financial-nasdaq-chym-major-shareholder-sells-4106131051-in-stock-2026-11-09/) 2. [Investing.com India, "DST Global Advisors, Chime Financial 10% owner, sells $41.4M stock", 10 November 2026](https://in.investing.com/news/stock-market-news/dst-global-advisors-chime-financial-10-owner-sells-414m-stock-93CH-5692490) 3. [US SEC EDGAR, Form 4 (form 1 of 2), Chime Financial, Inc. / DST Global Advisors Ltd and DST Global fund entities, filed 9 November 2026, accession 0001193125-26-454165](https://www.sec.gov/Archives/edgar/data/1795586/000119312526454165/ownership.xml) 4. [Chime Financial Q3 2026 results, press release via Business Wire on Yahoo Finance, 4 November 2026](https://finance.yahoo.com/markets/stocks/articles/chime-reports-third-quarter-2026-210500428.html) 5. [24/7 Wall St., "Chime Financial (CHYM) Q3 2026: Lending Surge Drives Third Straight GAAP Profit", 4 November 2026](https://247wallst.com/cards/chime-financial-q3-2026-earnings-chym-01m6m94zb3mqcp3v2s1t3wjxy9) 6. [CNBC via NBC Washington, "Chime pops 37% in Nasdaq debut after pricing IPO above expected range", 12 June 2025](https://www.nbcwashington.com/news/business/money-report/chime-opens-at-43-in-nasdaq-debut-after-pricing-ipo-above-expected-range/3934726/) 7. [Reuters via Channel NewsAsia, "Chime raises 2026 revenue forecast on robust demand, CFO to step down", 5 August 2026](https://www.channelnewsasia.com/business/chime-raises-2026-revenue-forecast-robust-demand-cfo-step-down-6302051) 8. [US SEC EDGAR, Chime Financial Form 4 filing index, accessed 10 November 2026](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001795586&type=4&dateb=&owner=include&count=10) --- DST Global sold $41 million of Chime, not 80% of its stake; seven funds still hold $1.1 billion — The Inference. Canonical: https://theinference.org/article/dst-global-sold-41-million-of-chime-not-80-of-its-stake-seven-funds-still-hold-1-1-billion