Cliff Asness's AL Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 2.28 M shares of Air Lease Corporation (AL) worth $145.32 M, representing 0.09% 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 AL, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2025, adding 2.06 M shares. Largest reduction occurred in Q2 2024, reducing 423,174 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Air Lease Corporation (AL) Holding Value Over Time
Track share changes against reported price movement
Quarterly Air Lease Corporation (AL) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2013 | +31,800 | New Buy | 31,800 | $31.07 |
| Q1 2014 | +25,400 | Add 79.87% | 57,200 | $37.29 |
| Q2 2014 | +4,600 | Add 8.04% | 61,800 | $38.58 |
| Q3 2014 | -46,100 | Reduce 74.60% | 15,700 | $32.48 |
| Q4 2014 | +3,518 | Add 22.41% | 19,218 | $34.29 |
| Q1 2015 | +2,621 | Add 13.64% | 21,839 | $37.73 |
| Q2 2015 | +93,350 | Add 427.45% | 115,189 | $33.90 |
| Q3 2015 | +168,205 | Add 146.03% | 283,394 | $30.92 |
| Q4 2015 | -85,230 | Reduce 30.07% | 198,164 | $33.48 |
| Q1 2016 | +27,186 | Add 13.72% | 225,350 | $32.12 |
| Q2 2016 | +42,996 | Add 19.08% | 268,346 | $26.78 |
| Q3 2016 | +19,414 | Add 7.23% | 287,760 | $28.58 |
| Q4 2016 | -29,754 | Reduce 10.34% | 258,006 | $34.33 |
| Q1 2017 | +11,351 | Add 4.40% | 269,357 | $38.75 |
| Q2 2017 | +81,798 | Add 30.37% | 351,155 | $37.36 |
| Q3 2017 | +82,297 | Add 23.44% | 433,452 | $42.62 |
| Q4 2017 | +137,389 | Add 31.70% | 570,841 | $48.09 |
| Q1 2018 | +16,872 | Add 2.96% | 587,713 | $42.62 |
| Q2 2018 | +503,509 | Add 85.67% | 1.09 M | $41.97 |
| Q3 2018 | -147,999 | Reduce 13.56% | 943,223 | $45.88 |
| Q4 2018 | -42,933 | Reduce 4.55% | 900,290 | $30.21 |
| Q1 2019 | -266,156 | Reduce 29.56% | 634,134 | $34.35 |
| Q2 2019 | -355,522 | Reduce 56.06% | 278,612 | $40.95 |
| Q3 2019 | -75,031 | Reduce 26.93% | 203,581 | $41.82 |
| Q4 2019 | +4,009 | Add 1.97% | 207,590 | $47.52 |
| Q1 2020 | +132,897 | Add 64.02% | 340,487 | $21.89 |
| Q2 2020 | +190,523 | Add 55.96% | 531,010 | $28.30 |
| Q3 2020 | -86,604 | Reduce 16.31% | 444,406 | $29.42 |
| Q4 2020 | -236,236 | Reduce 53.16% | 208,170 | $43.98 |
| Q1 2021 | +11,615 | Add 5.58% | 219,785 | $49.00 |
| Q2 2021 | +113,213 | Add 51.51% | 332,998 | $41.69 |
| Q3 2021 | -27,084 | Reduce 8.13% | 305,914 | $39.34 |
| Q4 2021 | -129,750 | Reduce 42.41% | 176,164 | $44.00 |
| Q1 2022 | +307,454 | Add 174.53% | 483,618 | $44.65 |
| Q2 2022 | -248,093 | Reduce 51.30% | 235,525 | $32.18 |
| Q3 2022 | -87,985 | Reduce 37.36% | 147,540 | $31.01 |
| Q4 2022 | -58,782 | Reduce 39.84% | 88,758 | $37.96 |
| Q1 2023 | +17,348 | Add 19.55% | 106,106 | $39.09 |
| Q2 2023 | +17,843 | Add 16.82% | 123,949 | $41.60 |
| Q3 2023 | +559,554 | Add 451.44% | 683,503 | $39.41 |
| Q4 2023 | +64,263 | Add 9.40% | 747,766 | $41.82 |
| Q1 2024 | -4,123 | Reduce 0.55% | 743,643 | $51.44 |
| Q2 2024 | -423,174 | Reduce 56.91% | 320,469 | $47.53 |
| Q3 2024 | -196,202 | Reduce 61.22% | 124,267 | $45.22 |
| Q4 2024 | +4,576 | Add 3.68% | 128,843 | $48.21 |
| Q1 2025 | +9,724 | Add 7.55% | 138,567 | $46.90 |
| Q2 2025 | +83,108 | Add 59.98% | 221,675 | $58.49 |
| Q3 2025 | +2.06 M | Add 930.11% | 2.28 M | $63.64 |
Cliff Asness's Air Lease Corporation Investment FAQs
Cliff Asness first purchased Air Lease Corporation (AL) in Q4 2013, acquiring 31,800 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 Air Lease Corporation (AL) 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 Air Lease Corporation (AL) was in Q3 2025, adding 2,283,492 shares worth $145.32 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 2,283,492 shares of Air Lease Corporation (AL), valued at approximately $145.32 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Air Lease Corporation (AL) represents approximately 0.09% 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 Air Lease Corporation (AL) was 2,283,492 shares, as reported at the end of Q3 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.