Cliff Asness's AMAT Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 545.5K shares of Applied Materials, Inc. (AMAT) worth $111.68 M, representing 0.07% 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 AMAT, representing a significant commitment to this investment thesis. Largest addition occurred in Q3 2016, adding 11.7M shares. Largest reduction occurred in Q4 2018, reducing 4.8M 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
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +1.02 M | Add 0.00% | 1.02 M | $11.44 |
| Q2 2013 | +1.74 M | Add 0.00% | 1.74 M | $14.91 |
| Q3 2013 | -268,229 | Reduce 15.40% | 1.47 M | $17.54 |
| Q4 2013 | -209,637 | Reduce 14.23% | 1.26 M | $17.69 |
| Q1 2014 | -370,800 | Reduce 29.34% | 892,807 | $20.42 |
| Q2 2014 | +36,700 | Add 4.11% | 929,507 | $22.55 |
| Q3 2014 | -583,200 | Reduce 62.74% | 346,307 | $21.61 |
| Q4 2014 | +72,651 | Add 20.98% | 418,958 | $24.92 |
| Q1 2015 | +64,438 | Add 15.38% | 483,396 | $22.56 |
| Q2 2015 | +1.09 M | Add 226.16% | 1.58 M | $19.22 |
| Q3 2015 | +517,746 | Add 32.84% | 2.09 M | $14.69 |
| Q4 2015 | +11,045 | Add 0.53% | 2.11 M | $18.67 |
| Q1 2016 | -1.04 M | Reduce 49.51% | 1.06 M | $21.18 |
| Q2 2016 | +1.28 M | Add 120.67% | 2.35 M | $23.97 |
| Q3 2016 | +11.66 M | Add 497.11% | 14.01 M | $30.15 |
| Q4 2016 | +3.39 M | Add 24.22% | 17.4 M | $32.27 |
| Q1 2017 | -3.03 M | Reduce 17.44% | 14.36 M | $38.90 |
| Q2 2017 | -3.67 M | Reduce 25.55% | 10.69 M | $41.31 |
| Q3 2017 | -3.33 M | Reduce 31.18% | 7.36 M | $52.09 |
| Q4 2017 | -117,387 | Reduce 1.59% | 7.24 M | $51.12 |
| Q1 2018 | +1.33 M | Add 18.30% | 8.57 M | $55.61 |
| Q2 2018 | +2.44 M | Add 28.46% | 11.01 M | $46.44 |
| Q3 2018 | -1.93 M | Reduce 17.55% | 9.07 M | $38.65 |
| Q4 2018 | -4.85 M | Reduce 53.41% | 4.23 M | $32.74 |
| Q1 2019 | +1.43 M | Add 33.93% | 5.66 M | $39.66 |
| Q2 2019 | +2.8 M | Add 49.40% | 8.46 M | $44.91 |
| Q3 2019 | +973,935 | Add 11.51% | 9.43 M | $49.62 |
| Q4 2019 | -1.31 M | Reduce 13.89% | 8.12 M | $60.98 |
| Q1 2020 | -1.62 M | Reduce 19.95% | 6.5 M | $45.82 |
| Q2 2020 | -1.76 M | Reduce 26.99% | 4.75 M | $60.23 |
| Q3 2020 | -1.37 M | Reduce 28.93% | 3.37 M | $59.43 |
| Q4 2020 | -1.03 M | Reduce 30.60% | 2.34 M | $85.53 |
| Q1 2021 | -493,210 | Reduce 21.07% | 1.85 M | $132.05 |
| Q2 2021 | -76,380 | Reduce 4.13% | 1.77 M | $140.68 |
| Q3 2021 | -60,383 | Reduce 3.41% | 1.71 M | $128.73 |
| Q4 2021 | -283,167 | Reduce 16.55% | 1.43 M | $157.36 |
| Q1 2022 | -116,141 | Reduce 8.13% | 1.31 M | $131.80 |
| Q2 2022 | -311,685 | Reduce 23.76% | 1 M | $89.44 |
| Q3 2022 | -45,091 | Reduce 4.51% | 955,251 | $81.93 |
| Q4 2022 | -253,404 | Reduce 26.53% | 701,847 | $95.86 |
| Q1 2023 | +73,812 | Add 10.52% | 775,659 | $121.94 |
| Q2 2023 | +40,334 | Add 5.20% | 815,993 | $144.54 |
| Q3 2023 | +304,803 | Add 37.35% | 1.12 M | $138.45 |
| Q4 2023 | +270,555 | Add 24.14% | 1.39 M | $162.07 |
| Q1 2024 | -18,270 | Reduce 1.31% | 1.37 M | $204.19 |
| Q2 2024 | +117,793 | Add 8.58% | 1.49 M | $235.99 |
| Q3 2024 | -328,315 | Reduce 22.02% | 1.16 M | $202.05 |
| Q4 2024 | -249,799 | Reduce 21.49% | 912,760 | $162.63 |
| Q1 2025 | -228,538 | Reduce 25.04% | 684,222 | $142.96 |
| Q2 2025 | +410,355 | Add 59.97% | 1.09 M | $182.86 |
| Q3 2025 | -549,113 | Reduce 50.17% | 545,464 | $204.74 |
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 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Applied Materials, Inc. (AMAT) was in Q3 2016, adding 14,006,849 shares worth $422.31 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 545,464 shares of Applied Materials, Inc. (AMAT), valued at approximately $111.68 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 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. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Applied Materials, Inc. (AMAT) was 17,399,598 shares, as reported at the end of Q4 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.