Cliff Asness's ASH Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 2.27 M shares of Ashland Inc. (ASH) worth $132.99 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 ASH, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2025, adding 2.56 M shares. Largest reduction occurred in Q4 2025, reducing 989,574 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Ashland (ASH) Holding Value Over Time
Track share changes against reported price movement
Quarterly Ashland (ASH) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -989,574 | Reduce 30.39% | 2.27 M | $58.67 |
| Q3 2025 | -198,248 | Reduce 5.74% | 3.26 M | $47.05 |
| Q2 2025 | +2.56 M | Add 284.25% | 3.45 M | $49.88 |
| Q1 2025 | +623,601 | Add 226.39% | 899,061 | $58.96 |
| Q4 2024 | +125,987 | Add 84.29% | 275,460 | $71.46 |
| Q3 2024 | -39,702 | Reduce 20.99% | 149,473 | $86.97 |
| Q2 2024 | +162,776 | Add 616.60% | 189,175 | $94.49 |
| Q1 2024 | -5,622 | Reduce 17.56% | 26,399 | $97.37 |
| Q4 2023 | -55,524 | Reduce 63.42% | 32,021 | $84.31 |
| Q3 2023 | -6,371 | Reduce 6.78% | 87,545 | $81.68 |
| Q2 2023 | -77,773 | Reduce 45.30% | 93,916 | $86.91 |
| Q1 2023 | +55,115 | Add 47.28% | 171,689 | $102.71 |
| Q4 2022 | +73,503 | Add 170.66% | 116,574 | $107.40 |
| Q3 2022 | +38,100 | Add 766.45% | 43,071 | $94.63 |
| Q2 2022 | +4,971 | New Buy | 4,971 | $101.39 |
| Q1 2022 | -2,734 | Sold Out | 0 | $0.00 |
| Q4 2021 | -33,012 | Reduce 92.35% | 2,734 | $107.17 |
| Q3 2021 | -29,133 | Reduce 44.90% | 35,746 | $89.13 |
| Q2 2021 | +37,347 | Add 135.65% | 64,879 | $87.50 |
| Q1 2021 | +13,607 | Add 97.72% | 27,532 | $88.77 |
| Q4 2020 | -22,072 | Reduce 61.32% | 13,925 | $78.49 |
| Q3 2020 | -11,476 | Reduce 24.17% | 35,997 | $70.92 |
| Q2 2020 | -34,795 | Reduce 42.29% | 47,473 | $67.85 |
| Q1 2020 | -252,909 | Reduce 75.46% | 82,268 | $50.07 |
| Q4 2019 | -146,021 | Reduce 30.35% | 335,177 | $76.53 |
| Q3 2019 | -212,260 | Reduce 30.61% | 481,198 | $76.52 |
| Q2 2019 | -95,628 | Reduce 12.12% | 693,458 | $79.23 |
| Q1 2019 | +246,067 | Add 45.31% | 789,086 | $78.13 |
| Q4 2018 | +325,551 | Add 149.70% | 543,019 | $70.96 |
| Q3 2018 | +72,606 | Add 50.12% | 217,468 | $83.86 |
| Q2 2018 | +58,159 | Add 67.08% | 144,862 | $78.18 |
| Q1 2018 | -123,217 | Reduce 58.70% | 86,703 | $69.79 |
| Q4 2017 | -63,777 | Reduce 23.30% | 209,920 | $71.20 |
| Q3 2017 | +21,506 | Add 8.53% | 273,697 | $65.39 |
| Q2 2017 | +108,956 | Add 76.07% | 252,191 | $65.91 |
| Q1 2017 | +2,619 | Add 1.86% | 143,235 | $123.81 |
| Q4 2016 | -2,458 | Reduce 1.72% | 140,616 | $109.29 |
| Q3 2016 | -1,206 | Reduce 0.84% | 143,074 | $115.95 |
| Q2 2016 | -175,214 | Reduce 54.84% | 144,280 | $114.77 |
| Q1 2016 | -226,722 | Reduce 41.51% | 319,494 | $109.96 |
| Q4 2015 | +13,140 | Add 2.46% | 546,216 | $102.70 |
| Q3 2015 | +248,114 | Add 87.07% | 533,076 | $100.62 |
| Q2 2015 | +177,844 | Add 166.03% | 284,962 | $121.90 |
| Q1 2015 | +91,000 | Add 564.59% | 107,118 | $127.31 |
| Q4 2014 | -54,805 | Reduce 77.27% | 16,118 | $119.74 |
| Q3 2014 | -69,877 | Reduce 49.63% | 70,923 | $104.10 |
| Q2 2014 | +61,900 | Add 78.45% | 140,800 | $108.74 |
| Q1 2014 | +30,146 | Add 61.83% | 78,900 | $99.48 |
| Q4 2013 | +38,900 | Add 394.76% | 48,754 | $97.04 |
| Q3 2013 | +2,654 | Add 36.86% | 9,854 | $92.45 |
| Q2 2013 | +7,200 | Add 0.00% | 7,200 | $83.47 |
| Q4 2012 | +6,600 | Add 0.00% | 6,600 | $80.45 |
Cliff Asness's Ashland Investment FAQs
Cliff Asness first purchased Ashland Inc. (ASH) in Q4 2012, acquiring 6,600 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 Ashland Inc. (ASH) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Ashland Inc. (ASH) was in Q2 2025, adding 3,454,646 shares worth $172.32 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 2,266,824 shares of Ashland Inc. (ASH), valued at approximately $132.99 M.
As of the Q4 2025 filing, Ashland Inc. (ASH) 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 Ashland Inc. (ASH) was 3,454,646 shares, as reported at the end of Q2 2025.