Cliff Asness's AAPL Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 12.5 M shares of Apple Inc. (AAPL) worth $3.4 B, representing 1.78% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in AAPL, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2014, adding 4.92 M shares. Largest reduction occurred in Q2 2019, reducing 4.88 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Apple (AAPL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Apple (AAPL) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +1.68 M | Add 15.54% | 12.5 M | $271.86 |
| Q3 2025 | +620,245 | Add 6.08% | 10.82 M | $254.63 |
| Q2 2025 | -48,623 | Reduce 0.47% | 10.2 M | $200.76 |
| Q1 2025 | -87,136 | Reduce 0.84% | 10.25 M | $217.11 |
| Q4 2024 | +2.22 M | Add 27.33% | 10.34 M | $250.42 |
| Q3 2024 | -102,651 | Reduce 1.25% | 8.12 M | $230.93 |
| Q2 2024 | -190,253 | Reduce 2.26% | 8.22 M | $210.62 |
| Q1 2024 | +336,669 | Add 4.17% | 8.41 M | $170.83 |
| Q4 2023 | -388,691 | Reduce 4.59% | 8.07 M | $192.53 |
| Q3 2023 | -446,514 | Reduce 5.01% | 8.46 M | $171.21 |
| Q2 2023 | -35,496 | Reduce 0.40% | 8.91 M | $192.47 |
| Q1 2023 | -419,592 | Reduce 4.48% | 8.94 M | $162.77 |
| Q4 2022 | -600,792 | Reduce 6.03% | 9.36 M | $127.89 |
| Q3 2022 | +111,248 | Add 1.13% | 9.96 M | $138.20 |
| Q2 2022 | -655,488 | Reduce 6.24% | 9.85 M | $134.96 |
| Q1 2022 | -506,234 | Reduce 4.60% | 10.51 M | $174.61 |
| Q4 2021 | -2.38 M | Reduce 17.78% | 11.01 M | $177.57 |
| Q3 2021 | -1.16 M | Reduce 7.97% | 13.4 M | $141.50 |
| Q2 2021 | -1.55 M | Reduce 9.64% | 14.56 M | $136.19 |
| Q1 2021 | -367,179 | Reduce 2.23% | 16.11 M | $122.15 |
| Q4 2020 | -2.17 M | Reduce 11.63% | 16.48 M | $132.69 |
| Q3 2020 | -3.72 M | Reduce 16.64% | 18.65 M | $115.76 |
| Q2 2020 | -1.87 M | Reduce 7.73% | 22.37 M | $90.98 |
| Q1 2020 | +616,980 | Add 2.61% | 24.24 M | $63.57 |
| Q4 2019 | -1.18 M | Reduce 4.76% | 23.62 M | $73.04 |
| Q3 2019 | -3.66 M | Reduce 12.85% | 24.8 M | $55.99 |
| Q2 2019 | -4.88 M | Reduce 14.64% | 28.46 M | $49.33 |
| Q1 2019 | -443,404 | Reduce 1.31% | 33.34 M | $47.19 |
| Q4 2018 | -1.45 M | Reduce 4.11% | 33.79 M | $39.44 |
| Q3 2018 | +1.82 M | Add 5.44% | 35.24 M | $56.43 |
| Q2 2018 | +2.43 M | Add 7.84% | 33.42 M | $46.62 |
| Q1 2018 | +428,264 | Add 1.40% | 30.99 M | $41.95 |
| Q4 2017 | +2.37 M | Add 8.41% | 30.56 M | $42.31 |
| Q3 2017 | +434,944 | Add 1.57% | 28.19 M | $38.53 |
| Q2 2017 | +1.41 M | Add 5.37% | 27.75 M | $36.00 |
| Q1 2017 | -81,896 | Reduce 0.31% | 26.34 M | $35.91 |
| Q4 2016 | +646,240 | Add 2.51% | 26.42 M | $28.96 |
| Q3 2016 | +3.28 M | Add 14.57% | 25.77 M | $28.26 |
| Q2 2016 | -4.31 M | Reduce 16.07% | 22.5 M | $23.90 |
| Q1 2016 | -2.91 M | Reduce 9.79% | 26.8 M | $27.25 |
| Q4 2015 | -592,512 | Reduce 1.96% | 29.71 M | $26.31 |
| Q3 2015 | -140,200 | Reduce 0.46% | 30.31 M | $27.58 |
| Q2 2015 | +2.87 M | Add 10.42% | 30.45 M | $31.36 |
| Q1 2015 | +2.12 M | Add 8.32% | 27.57 M | $31.11 |
| Q4 2014 | +3.85 M | Add 17.84% | 25.45 M | $27.59 |
| Q3 2014 | +1.82 M | Add 9.18% | 21.6 M | $25.19 |
| Q2 2014 | +4.92 M | Add 33.10% | 19.78 M | $23.23 |
| Q1 2014 | +2.93 M | Add 24.54% | 14.86 M | $19.17 |
| Q4 2013 | +117,600 | Add 1.00% | 11.94 M | $20.04 |
| Q3 2013 | -651,924 | Reduce 5.23% | 11.82 M | $17.03 |
| Q2 2013 | +12.47 M | Add 0.00% | 12.47 M | $14.15 |
| Q4 2012 | +14.5 M | Add 0.00% | 14.5 M | $19.04 |
Cliff Asness's Apple Investment FAQs
Cliff Asness first purchased Apple Inc. (AAPL) in Q4 2012, acquiring 14,496,496 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Apple Inc. (AAPL) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Apple Inc. (AAPL) was in Q4 2012, adding 14,496,496 shares worth $275.97 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 12,501,523 shares of Apple Inc. (AAPL), valued at approximately $3.4 B.
As of the Q4 2025 filing, Apple Inc. (AAPL) represents approximately 1.78% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Apple Inc. (AAPL) was 35,235,936 shares, as reported at the end of Q3 2018.