Cliff Asness’s ADM Holdings & Trades

First Buy
Q4 2012
Duration Held
52 Quarters
Largest Add
Q2 2013
+2.72 M Shares
Current Position
430,396 Shares
$25.71 M Value

Cliff Asness's ADM Position Overview

Cliff Asness (via Aqr Capital Management LLC) currently holds 430,396 shares of Archer-Daniels-Midland Company (ADM) worth $25.71 M, representing 0.02% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.

Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in ADM, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2014, adding 1.39 M shares. Largest reduction occurred in Q4 2015, reducing 3.13 M shares.

Analysis based on 13F filings available since 2013 Q2

Cliff Asness's Archer-Daniels-Midland Company (ADM) Holding Value Over Time

Track share changes against reported price movement

Quarterly Archer-Daniels-Midland Company (ADM) Trades by Cliff Asness

Period Bought/Sold (Sh.) % Change Qtr. End Shares Reported Price
Q4 2012 +1.76 M Add 0.00% 1.76 M $27.39
Q2 2013 +2.72 M Add 0.00% 2.72 M $33.91
Q3 2013 +1.08 M Add 39.76% 3.8 M $36.84
Q4 2013 +938,794 Add 24.73% 4.73 M $43.40
Q1 2014 +329,369 Add 6.96% 5.06 M $43.39
Q2 2014 +104,834 Add 2.07% 5.17 M $44.11
Q3 2014 +446,124 Add 8.63% 5.62 M $51.10
Q4 2014 +1.39 M Add 24.67% 7 M $52.00
Q1 2015 +96,765 Add 1.38% 7.1 M $47.40
Q2 2015 +669,771 Add 9.44% 7.77 M $48.22
Q3 2015 +301,095 Add 3.88% 8.07 M $41.45
Q4 2015 -3.13 M Reduce 38.80% 4.94 M $36.68
Q1 2016 -41,205 Reduce 0.83% 4.9 M $36.31
Q2 2016 +403,776 Add 8.25% 5.3 M $42.89
Q3 2016 +850,034 Add 16.04% 6.15 M $42.17
Q4 2016 +79,136 Add 1.29% 6.23 M $45.65
Q1 2017 -569,573 Reduce 9.14% 5.66 M $46.04
Q2 2017 +794,015 Add 14.03% 6.45 M $41.38
Q3 2017 +588,619 Add 9.12% 7.04 M $42.51
Q4 2017 +284,354 Add 4.04% 7.33 M $40.08
Q1 2018 -2.64 M Reduce 36.03% 4.69 M $43.37
Q2 2018 -889,502 Reduce 18.98% 3.8 M $45.83
Q3 2018 -429,061 Reduce 11.30% 3.37 M $50.27
Q4 2018 -108,812 Reduce 3.23% 3.26 M $40.97
Q1 2019 +404,667 Add 12.41% 3.66 M $43.13
Q2 2019 -1.14 M Reduce 31.20% 2.52 M $40.80
Q3 2019 -987,310 Reduce 39.16% 1.53 M $41.07
Q4 2019 -1.02 M Reduce 66.28% 517,235 $46.35
Q1 2020 -230,056 Reduce 44.48% 287,179 $35.18
Q2 2020 +477,868 Add 166.40% 765,047 $39.59
Q3 2020 -227,950 Reduce 29.80% 537,097 $46.36
Q4 2020 +143,336 Add 26.69% 680,433 $49.93
Q1 2021 +229,003 Add 33.66% 909,436 $57.00
Q2 2021 -95,320 Reduce 10.48% 814,116 $60.55
Q3 2021 -71,820 Reduce 8.82% 742,296 $60.01
Q4 2021 +183,553 Add 24.73% 925,849 $67.10
Q1 2022 +122,527 Add 13.23% 1.05 M $89.99
Q2 2022 +70,680 Add 6.74% 1.12 M $76.57
Q3 2022 +83,969 Add 7.50% 1.2 M $80.45
Q4 2022 +92,164 Add 7.66% 1.3 M $92.45
Q1 2023 +628,359 Add 48.51% 1.92 M $79.66
Q2 2023 +256,773 Add 13.35% 2.18 M $74.34
Q3 2023 +683,984 Add 31.37% 2.86 M $75.42
Q4 2023 -667,203 Reduce 23.29% 2.2 M $72.22
Q1 2024 -566,167 Reduce 25.77% 1.63 M $62.81
Q2 2024 +1.2 M Add 73.58% 2.83 M $60.39
Q3 2024 -621,473 Reduce 21.95% 2.21 M $59.74
Q4 2024 -1.08 M Reduce 49.09% 1.12 M $50.43
Q1 2025 -504,367 Reduce 44.84% 620,370 $48.01
Q2 2025 -273,348 Reduce 44.06% 347,022 $52.05
Q3 2025 +83,374 Add 24.03% 430,396 $59.74

Cliff Asness's Archer-Daniels-Midland Company Investment FAQs

Cliff Asness first purchased Archer-Daniels-Midland Company (ADM) in Q4 2012, acquiring 1,756,960 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 Archer-Daniels-Midland Company (ADM) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

Cliff Asness's largest addition to Archer-Daniels-Midland Company (ADM) was in Q2 2013, adding 2,716,028 shares worth $92.1 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 430,396 shares of Archer-Daniels-Midland Company (ADM), valued at approximately $25.71 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.

As of the Q3 2025 filing, Archer-Daniels-Midland Company (ADM) represents approximately 0.02% 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 Archer-Daniels-Midland Company (ADM) was 8,067,998 shares, as reported at the end of Q3 2015. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.