Cliff Asness's AXS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 4.59 M shares of AXIS Capital Holdings Limited (AXS) worth $491.79 M, representing 0.26% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in AXS, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2014, adding 1.2 M shares. Largest reduction occurred in Q1 2014, reducing 1.42 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's AXIS Capital Holdings Limited (AXS) Holding Value Over Time
Track share changes against reported price movement
Quarterly AXIS Capital Holdings Limited (AXS) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +1.08 M | Add 30.88% | 4.59 M | $107.09 |
| Q3 2025 | -207,510 | Reduce 5.58% | 3.51 M | $95.56 |
| Q2 2025 | +425,790 | Add 12.94% | 3.72 M | $103.25 |
| Q1 2025 | +600,901 | Add 22.34% | 3.29 M | $99.86 |
| Q4 2024 | +134,157 | Add 5.25% | 2.69 M | $88.62 |
| Q3 2024 | -28,347 | Reduce 1.10% | 2.56 M | $78.57 |
| Q2 2024 | +213,559 | Add 9.01% | 2.58 M | $70.65 |
| Q1 2024 | +562,342 | Add 31.11% | 2.37 M | $65.02 |
| Q4 2023 | +576,977 | Add 46.88% | 1.81 M | $55.15 |
| Q3 2023 | +581,409 | Add 89.53% | 1.23 M | $56.37 |
| Q2 2023 | +202,260 | Add 45.23% | 649,413 | $53.70 |
| Q1 2023 | +13,771 | Add 3.18% | 447,153 | $54.52 |
| Q4 2022 | +12,514 | Add 2.97% | 433,382 | $53.57 |
| Q3 2022 | -62,166 | Reduce 12.87% | 420,868 | $49.15 |
| Q2 2022 | -11,735 | Reduce 2.37% | 483,034 | $56.33 |
| Q1 2022 | +234,654 | Add 90.21% | 494,769 | $60.39 |
| Q4 2021 | +27,104 | Add 11.63% | 260,115 | $54.43 |
| Q3 2021 | +58,083 | Add 33.20% | 233,011 | $46.04 |
| Q2 2021 | +170,517 | Add 3865.72% | 174,928 | $49.01 |
| Q1 2021 | +4,411 | New Buy | 4,411 | $49.65 |
| Q3 2020 | -23,386 | Sold Out | 0 | $0.00 |
| Q2 2020 | -876,304 | Reduce 97.40% | 23,386 | $40.58 |
| Q1 2020 | -126,981 | Reduce 12.37% | 899,690 | $38.65 |
| Q4 2019 | -91,376 | Reduce 8.17% | 1.03 M | $59.44 |
| Q3 2019 | -2,752 | Reduce 0.25% | 1.12 M | $66.72 |
| Q2 2019 | +100,289 | Add 9.83% | 1.12 M | $59.65 |
| Q1 2019 | +625,366 | Add 158.26% | 1.02 M | $54.78 |
| Q4 2018 | +193,250 | Add 95.72% | 395,144 | $51.64 |
| Q3 2018 | +60,703 | Add 42.99% | 201,894 | $57.71 |
| Q2 2018 | -372,564 | Reduce 72.52% | 141,191 | $55.62 |
| Q1 2018 | -660,562 | Reduce 56.25% | 513,755 | $57.57 |
| Q4 2017 | -895,985 | Reduce 43.28% | 1.17 M | $50.26 |
| Q3 2017 | +206,868 | Add 11.10% | 2.07 M | $57.43 |
| Q2 2017 | +162,822 | Add 9.57% | 1.86 M | $64.66 |
| Q1 2017 | -57,783 | Reduce 3.29% | 1.7 M | $67.03 |
| Q4 2016 | -13,553 | Reduce 0.76% | 1.76 M | $65.27 |
| Q3 2016 | -280,491 | Reduce 13.67% | 1.77 M | $54.33 |
| Q2 2016 | -7,417 | Reduce 0.36% | 2.05 M | $55.00 |
| Q1 2016 | +936,419 | Add 83.35% | 2.06 M | $55.46 |
| Q4 2015 | +684,694 | Add 156.06% | 1.12 M | $56.22 |
| Q3 2015 | +270,191 | Add 160.30% | 438,743 | $53.72 |
| Q2 2015 | -174,220 | Reduce 50.83% | 168,552 | $53.37 |
| Q1 2015 | -852,351 | Reduce 71.32% | 342,772 | $51.58 |
| Q4 2014 | +1.2 M | New Buy | 1.2 M | $51.09 |
| Q1 2014 | -1.42 M | Sold Out | 0 | $0.00 |
| Q4 2013 | +67,915 | Add 5.02% | 1.42 M | $47.57 |
| Q3 2013 | +44,273 | Add 3.39% | 1.35 M | $43.31 |
| Q2 2013 | +1.31 M | Add 0.00% | 1.31 M | $45.78 |
| Q4 2012 | +1.13 M | Add 0.00% | 1.13 M | $34.64 |
Cliff Asness's AXIS Capital Holdings Limited Investment FAQs
Cliff Asness first purchased AXIS Capital Holdings Limited (AXS) in Q4 2012, acquiring 1,133,800 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 AXIS Capital Holdings Limited (AXS) for 50 quarters since Q4 2012.
Cliff Asness's largest addition to AXIS Capital Holdings Limited (AXS) was in Q2 2013, adding 1,307,290 shares worth $59.85 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 4,592,270 shares of AXIS Capital Holdings Limited (AXS), valued at approximately $491.79 M.
As of the Q4 2025 filing, AXIS Capital Holdings Limited (AXS) represents approximately 0.26% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in AXIS Capital Holdings Limited (AXS) was 4,592,270 shares, as reported at the end of Q4 2025.