Cliff Asness's AMAT Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 511,733 shares of Applied Materials, Inc. (AMAT) worth $131.51 M, representing 0.07% 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 AMAT, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2016, adding 11.66 M shares. Largest reduction occurred in Q4 2018, reducing 4.85 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Applied Materials (AMAT) Holding Value Over Time
Track share changes against reported price movement
Quarterly Applied Materials (AMAT) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -33,731 | Reduce 6.18% | 511,733 | $256.99 |
| Q3 2025 | -549,113 | Reduce 50.17% | 545,464 | $204.74 |
| Q2 2025 | +410,355 | Add 59.97% | 1.09 M | $182.86 |
| Q1 2025 | -228,538 | Reduce 25.04% | 684,222 | $142.96 |
| Q4 2024 | -249,799 | Reduce 21.49% | 912,760 | $162.63 |
| Q3 2024 | -328,315 | Reduce 22.02% | 1.16 M | $202.05 |
| Q2 2024 | +117,793 | Add 8.58% | 1.49 M | $235.99 |
| Q1 2024 | -18,270 | Reduce 1.31% | 1.37 M | $204.19 |
| Q4 2023 | +270,555 | Add 24.14% | 1.39 M | $162.07 |
| Q3 2023 | +304,803 | Add 37.35% | 1.12 M | $138.45 |
| Q2 2023 | +40,334 | Add 5.20% | 815,993 | $144.54 |
| Q1 2023 | +73,812 | Add 10.52% | 775,659 | $121.94 |
| Q4 2022 | -253,404 | Reduce 26.53% | 701,847 | $95.86 |
| Q3 2022 | -45,091 | Reduce 4.51% | 955,251 | $81.93 |
| Q2 2022 | -311,685 | Reduce 23.76% | 1 M | $89.44 |
| Q1 2022 | -116,141 | Reduce 8.13% | 1.31 M | $131.80 |
| Q4 2021 | -283,167 | Reduce 16.55% | 1.43 M | $157.36 |
| Q3 2021 | -60,383 | Reduce 3.41% | 1.71 M | $128.73 |
| Q2 2021 | -76,380 | Reduce 4.13% | 1.77 M | $140.68 |
| Q1 2021 | -493,210 | Reduce 21.07% | 1.85 M | $132.05 |
| Q4 2020 | -1.03 M | Reduce 30.60% | 2.34 M | $85.53 |
| Q3 2020 | -1.37 M | Reduce 28.93% | 3.37 M | $59.43 |
| Q2 2020 | -1.76 M | Reduce 26.99% | 4.75 M | $60.23 |
| Q1 2020 | -1.62 M | Reduce 19.95% | 6.5 M | $45.82 |
| Q4 2019 | -1.31 M | Reduce 13.89% | 8.12 M | $60.98 |
| Q3 2019 | +973,935 | Add 11.51% | 9.43 M | $49.62 |
| Q2 2019 | +2.8 M | Add 49.40% | 8.46 M | $44.91 |
| Q1 2019 | +1.43 M | Add 33.93% | 5.66 M | $39.66 |
| Q4 2018 | -4.85 M | Reduce 53.41% | 4.23 M | $32.74 |
| Q3 2018 | -1.93 M | Reduce 17.55% | 9.07 M | $38.65 |
| Q2 2018 | +2.44 M | Add 28.46% | 11.01 M | $46.44 |
| Q1 2018 | +1.33 M | Add 18.30% | 8.57 M | $55.61 |
| Q4 2017 | -117,387 | Reduce 1.59% | 7.24 M | $51.12 |
| Q3 2017 | -3.33 M | Reduce 31.18% | 7.36 M | $52.09 |
| Q2 2017 | -3.67 M | Reduce 25.55% | 10.69 M | $41.31 |
| Q1 2017 | -3.03 M | Reduce 17.44% | 14.36 M | $38.90 |
| Q4 2016 | +3.39 M | Add 24.22% | 17.4 M | $32.27 |
| Q3 2016 | +11.66 M | Add 497.11% | 14.01 M | $30.15 |
| Q2 2016 | +1.28 M | Add 120.67% | 2.35 M | $23.97 |
| Q1 2016 | -1.04 M | Reduce 49.51% | 1.06 M | $21.18 |
| Q4 2015 | +11,045 | Add 0.53% | 2.11 M | $18.67 |
| Q3 2015 | +517,746 | Add 32.84% | 2.09 M | $14.69 |
| Q2 2015 | +1.09 M | Add 226.16% | 1.58 M | $19.22 |
| Q1 2015 | +64,438 | Add 15.38% | 483,396 | $22.56 |
| Q4 2014 | +72,651 | Add 20.98% | 418,958 | $24.92 |
| Q3 2014 | -583,200 | Reduce 62.74% | 346,307 | $21.61 |
| Q2 2014 | +36,700 | Add 4.11% | 929,507 | $22.55 |
| Q1 2014 | -370,800 | Reduce 29.34% | 892,807 | $20.42 |
| Q4 2013 | -209,637 | Reduce 14.23% | 1.26 M | $17.69 |
| Q3 2013 | -268,229 | Reduce 15.40% | 1.47 M | $17.54 |
| Q2 2013 | +1.74 M | Add 0.00% | 1.74 M | $14.91 |
| Q4 2012 | +1.02 M | Add 0.00% | 1.02 M | $11.44 |
Cliff Asness's Applied Materials Investment FAQs
Cliff Asness first purchased Applied Materials, Inc. (AMAT) in Q4 2012, acquiring 1,019,953 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 Applied Materials, Inc. (AMAT) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Applied Materials, Inc. (AMAT) was in Q3 2016, adding 14,006,849 shares worth $422.31 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 511,733 shares of Applied Materials, Inc. (AMAT), valued at approximately $131.51 M.
As of the Q4 2025 filing, Applied Materials, Inc. (AMAT) represents approximately 0.07% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Applied Materials, Inc. (AMAT) was 17,399,598 shares, as reported at the end of Q4 2016.