Cliff Asness's ABEV Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 178,469 shares of Ambev S.A. (ABEV) worth $397,986, representing 0.00% of the portfolio. First purchased in 2013-Q4, this long-term strategic position has been held for 48 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in ABEV, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2014, adding 5.59 M shares. Largest reduction occurred in Q4 2016, reducing 7.28 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Ambev (ABEV) Holding Value Over Time
Track share changes against reported price movement
Quarterly Ambev (ABEV) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2013 | +2.22 M | New Buy | 2.22 M | $7.35 |
| Q1 2014 | -1.85 M | Reduce 83.40% | 367,865 | $7.41 |
| Q2 2014 | -214,765 | Reduce 58.38% | 153,100 | $7.04 |
| Q3 2014 | +1.1 M | Add 720.31% | 1.26 M | $6.55 |
| Q4 2014 | +5.59 M | Add 445.34% | 6.85 M | $6.22 |
| Q1 2015 | -93,700 | Reduce 1.37% | 6.76 M | $5.76 |
| Q2 2015 | -287,165 | Reduce 4.25% | 6.47 M | $6.10 |
| Q3 2015 | +3.4 M | Add 52.59% | 9.87 M | $4.90 |
| Q4 2015 | +1.13 M | Add 11.41% | 11 M | $4.46 |
| Q1 2016 | +573,355 | Add 5.21% | 11.57 M | $5.18 |
| Q2 2016 | +1.8 M | Add 15.58% | 13.37 M | $5.91 |
| Q3 2016 | -958,584 | Reduce 7.17% | 12.41 M | $6.09 |
| Q4 2016 | -7.28 M | Reduce 58.66% | 5.13 M | $4.91 |
| Q1 2017 | -1.85 M | Reduce 35.98% | 3.29 M | $5.76 |
| Q2 2017 | -144,510 | Reduce 4.40% | 3.14 M | $5.49 |
| Q3 2017 | -1.64 M | Reduce 52.06% | 1.51 M | $6.59 |
| Q4 2017 | +569,209 | Add 37.80% | 2.08 M | $6.46 |
| Q1 2018 | +938,641 | Add 45.24% | 3.01 M | $7.27 |
| Q2 2018 | -445,109 | Reduce 14.77% | 2.57 M | $4.63 |
| Q3 2018 | -359,776 | Reduce 14.01% | 2.21 M | $4.57 |
| Q4 2018 | -346,869 | Reduce 15.70% | 1.86 M | $3.92 |
| Q1 2019 | -392,339 | Reduce 21.07% | 1.47 M | $4.30 |
| Q2 2019 | -102,420 | Reduce 6.97% | 1.37 M | $4.67 |
| Q3 2019 | +3.5 M | Add 256.19% | 4.87 M | $4.62 |
| Q4 2019 | -895,863 | Reduce 18.40% | 3.97 M | $4.66 |
| Q1 2020 | -2.71 M | Reduce 68.28% | 1.26 M | $2.30 |
| Q2 2020 | -366,934 | Reduce 29.11% | 893,584 | $2.64 |
| Q3 2020 | +197,543 | Add 22.11% | 1.09 M | $2.26 |
| Q4 2020 | +491,755 | Add 45.07% | 1.58 M | $3.06 |
| Q1 2021 | -189,968 | Reduce 12.00% | 1.39 M | $2.74 |
| Q2 2021 | +2.57 M | Add 184.51% | 3.96 M | $3.44 |
| Q3 2021 | +928,831 | Add 23.44% | 4.89 M | $2.76 |
| Q4 2021 | +327,173 | Add 6.69% | 5.22 M | $2.80 |
| Q1 2022 | +122,090 | Add 2.34% | 5.34 M | $3.23 |
| Q2 2022 | +1.9 M | Add 35.60% | 7.24 M | $2.51 |
| Q3 2022 | -6.27 M | Reduce 86.62% | 969,035 | $2.83 |
| Q4 2022 | +1.24 M | Add 128.20% | 2.21 M | $2.72 |
| Q1 2023 | +2.33 M | Add 105.18% | 4.54 M | $2.82 |
| Q2 2023 | +474,049 | Add 10.45% | 5.01 M | $3.18 |
| Q3 2023 | -57,143 | Reduce 1.14% | 4.95 M | $2.58 |
| Q4 2023 | -2.5 M | Reduce 50.42% | 2.46 M | $2.80 |
| Q1 2024 | +88,063 | Add 3.59% | 2.54 M | $2.48 |
| Q2 2024 | -962,539 | Reduce 37.83% | 1.58 M | $2.05 |
| Q3 2024 | -603,139 | Reduce 38.13% | 978,584 | $2.44 |
| Q4 2024 | +2.19 M | Add 223.32% | 3.16 M | $1.85 |
| Q1 2025 | -1.29 M | Reduce 40.69% | 1.88 M | $2.33 |
| Q2 2025 | -1.7 M | Reduce 90.48% | 178,601 | $2.41 |
| Q3 2025 | -132 | Reduce 0.07% | 178,469 | $2.23 |
Cliff Asness's Ambev Investment FAQs
Cliff Asness first purchased Ambev S.A. (ABEV) in Q4 2013, acquiring 2,216,665 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 Ambev S.A. (ABEV) for 48 quarters since Q4 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Ambev S.A. (ABEV) was in Q4 2014, adding 6,848,900 shares worth $42.6 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 178,469 shares of Ambev S.A. (ABEV), valued at approximately $397,986. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Ambev S.A. (ABEV) represents approximately 0.00% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Ambev S.A. (ABEV) was 13,371,644 shares, as reported at the end of Q2 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.